Harvey is seeking state aid under Illinois’ Financially Distressed City Law, but without pension reform, state oversight ...

The City of Harvey is reducing operations, and city offices will operate on limited hours due to "staffing and budget ...

Inflation, interest rates and shifting consumer behavior have placed pressure on large-cap companies over the past year.

When used correctly, it’s a financial tool that can protect jobs and give companies the breathing room they need to ...

Shopping for furniture for a home is a time-consuming process that usually requires visits to multiple showrooms to find the ...

More than a fifth of New York City’s core affordable housing stock is in the red or close to it — putting tenants at risk.

For public companies and the directors that serve them, managing through financial distress can attract a significant amount of scrutiny and litigation risk. In this week’s post, my colleagues discuss ...

Imagine your business steadily climbing the ladder of success when a misstep in the market suddenly leads to a financial stumble. Assets underperform, capital markets dry up, and cash flows dwindle, ...

The company, which acquired former Sims Metal assets in the United Kingdom, has filed a “notice of intention” with the U.K.

Financial insecurity was the driving force behind more than a third of the hospital and health system transactions announced during the year’s third quarter, according to a report on recent merger and ...

Alverno College is no longer considered under financial distress, an encouraging sign for the south side Catholic women's college. The college's accreditor, the Higher Learning Commission, said it ...