bankruptcy
College costs are rising, student loan debt is nearing $1 trillion, and money is still tight everywhere. So if you're a parents or a soon-to-matriculate student, you'll want to hear what the Princeton Review's Rob Franek has to say about the best value colleges of 2012.
Readers' Tips for Financial Renewal, Part 1: Ideas for Smart Saving
10:56AM 1/30/2012
A few weeks ago, we asked DailyFinance readers for their best tips for putting your financial house in order. Many were quick to note that the foundation of financial security lies in being ready when disaster hits. Here are some of their best suggestions for planning for those rainy days.
9 Big Companies That Will Disappear in 2012
1:00PM 1/26/2012
As surprising as it may seem to many of us when large corporations with familiar brands vanish suddenly from the scene, it happens. Major companies like Saab, Borders, and Countrywide -- just to same a recent few -- are now history. Who's next? Read on ...
The Son of a 'Kodak Man' Remembers the Good Times and Bad
7:15AM 1/21/2012
Once, Kodak was one of the world's most recognized brands -- it's little yellow film boxes were everywhere. Now the the film is a relic, and the company that benignly ruled Rochester, N.Y., for a century is in Chapter 11. A Kodak kid reminisces:
Eastman Kodak: This Stock Is Probably Going to Zero
1:40PM 1/19/2012
In the wake of Eastman Kodak's bankruptcy filing, some speculators will be tempted in the coming days to nibble on the company's battered shares. But if you know what's good for your portfolio, you'll stay away.
Kodak Files for Chapter 11 Bankruptcy
9:37AM 1/19/2012
Photography icon Eastman Kodak has filed for bankruptcy, as it seeks to boost its cash position and stay in business. The move comes as the ailing company has failed to find a buyer for its multibillion-dollar trove of digital imaging patents.
If you're a fan of frequent flier miles, and the carrier you fly most goes bust, what should you do? Stick with the airline, or make a change? Are your points still worth anything? Don't worry, American Airlines loyalists -- the answers aren't as grim as you might fear.
5 Big Retail Chains That Will Be Gone in 5 Years
2:00PM 1/04/2012
By Rick Aristotle Munarriz, The Motley Fool
Company News, Investing, Sears Holdings, Retail, Barnes & Noble, Best Buy, Radio Shack
Recently, we've bidden farewell to Borders, Circuit City and Linens 'n Things. Here are five more once-thriving chains that are probably doomed thanks to lousy management or just being in the wrong business at the wrong time.
Is Sears Headed for Bankruptcy?
10:30AM 12/29/2011
By Rick Aristotle Munarriz, The Motley Fool
Company News, Investing, Sears Holdings, Wal-Mart Stores, Target Corp
Shares of Sears Holdings fell 27% Tuesday on news that the retailer would close as many as 120 poorly performing Sears and Kmart stores -- an unusually harsh response to a cost-cutting measure. Clearly, investors are concerned that the problems run much deeper -- and they're right to worry.
How the American Airlines Bankruptcy Will Affect You
3:30PM 11/29/2011
Flying during the holidays is a harrowing experience at best, and on Tuesday, American Airlines' customers got another thing to worry about when it filed for Chapter 11 bankruptcy. As the airline prepares to massively restructure itself, will its customers be left at the gate?
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