Purdue Pharma submitted a new bankruptcy plan Tuesday, which will give its creditors more than $7.4 billion in cash—including up to $7 billion in payments from the billionaire Sackler family ...

BATON ROUGE, La. (WAFB) - Senator Rick Edmonds will announce his plans to file legislation in the upcoming legislative session to create the newly incorporated City of St. George school system ...

Another national restaurant chain is filing for bankruptcy protection as Hooters says it is looking to sell all of its company-owned locations. On Monday, the restaurant chain known for its ...

Nasdaq officially asked the U.S. Securities and Exchange Commission (SEC) to allow Swiss asset manager 21Shares list and trade shares of a polkadot (DOT) exchange-traded fund (ETF). The exchange ...

STAMFORD, Conn., March 19, 2025--(BUSINESS WIRE)--Purdue Pharma L.P. ("Purdue") today filed a Chapter 11 Plan of Reorganization (the "Plan") and related disclosure statement with the United States ...

I‘m a 68-year-old single man in good health and I plan to work until I am 70. As of now, I have $400,000 in CDs, about $1 million in stocks, and about $1 million in my 401(k) and IRA combined.

The Sacklers contributed money to Purdue’s bankruptcy settlement, but did not file for bankruptcy themselves. Purdue’s new plan responds to that ruling by giving creditors the choice to opt in ...

Investing.com -- Circle Internet Group Inc., a provider of stablecoin, has publicly filed for its long-anticipated initial public offering (IPO). The company aims to list its Class A common stock ...

Park Tower Group, which is developing the 22-acre riverfront project in Greenpoint, Brooklyn, has filed plans for three new buildings comprising 1,025 additional residential units at the property, ...

But the decades-old brand said it isn’t going anywhere. In the bankruptcy process, the company plans to sell all of its 100 company-owned restaurants to two franchisee groups that operate ...