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US radio giant iHeartMedia files for bankruptcy

Leading US radio company iHeartMedia, which runs some of the country's most popular Top 40 stations, has filed for bankruptcy protection as it struggles to pay $20 billion in debt.

Toshiba agreement on sale to Bain-led consortium protested

Toshiba's long meandering sale of its computer memory business took another turn Wednesday, as the Japanese nuclear and electronics company's announcement of a deal with a consortium was immediately met with opposition from ...

Gawker files for bankruptcy, to sell itself to Ziff Davis

Gawker Media is filing for Chapter 11 bankruptcy protection and putting itself up for sale, strained by a jury's verdict that that it must pay $140 million to pro wrestler Hulk Hogan in an invasion-of-privacy lawsuit.

Brands, patents can protect firms from bankruptcy

If a firm faces troubled times during a stable market, strong advertising can carry it through. But when the market is turbulent, a firm's Research and Development is more likely to help save it from bankruptcy. A new study ...

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