Bankruptcy
50 Cent Shows Us Round His Hostel in This MTV Cribs Style Video
"Wassup, it's Fiddy—and welcome to the hostel."
No One Knows What the Hell Trump Is Talking About When It Comes to the Deficit
Donald Trump has said several contradictory things about the national debt in the past week—none of them good policies, experts say.
What You Should Know About Puerto Rico's Debt Crisis
Puerto Rico's debt crisis is rapidly becoming a disaster with real-world consequences, and unless Congress acts soon, it could get even worse.
The World's Largest Coal Company Just Filed for Bankruptcy
US coal company Peabody Energy reports more than $10 billion in debt, making it the third, major US coal producer to seek protection from creditors since 2014.
Court Ruling Allows SFX to Pay $15 Million in Summer Festival Booking Fees
The decision allows the troubled EDM giant to pay artists.
Verboten Reopens After Filing for Chapter 11 Bankruptcy
The Brooklyn club will reopen in time for Matthew Dear's birthday this weekend while it finds a way to restructure its ailing finances.
Beatport Lost Millions of Dollars Last Year According to SFX Financial Report
The figures were revealed in the bankruptcy announcement of the digital retailer's parent company.
EDM Conglomerate SFX Entertainment Files for Bankruptcy
The dance music events company will be taken private and gain a new CEO in the process.
Hated 'Pharma Bro' Martin Shkreli's Former Pharmaceutical Company Files for Bankruptcy
KaloBios Pharmaceuticals filed for Chapter 11 protection just a week after it fired Shkreli as its CEO. He also resigned as head of Turing Pharmaceuticals after he was arrested two weeks ago on fraud charges related to yet another drug firm.
Why Pandora Bought Rdio
The bigger radio company is acquiring “several key assets” of Rdio to bolster its recommendation tech.
This Barbecue Joint Says a Racist Bank Intentionally Destroyed Their Business
The restaurant owners claim Mercantile Bank purposefully sought out black business owners to give them loans, only to call those loans in for no reason at all—thereby destroying several minority-owned businesses.
Australia's Largest Wine Producing Region Is Struggling
"They're telling us to diversify, grow something different. But people don't have the funds. You can't just go to the bank and grow something different."