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Wave of Bankruptcies

2009 Bankruptcies Increase 32 Percent From 2008

AP | MIKE BAKER | Posted 05.25.2011 | Business

RALEIGH, N.C. — U.S. consumers and businesses are filing for bankruptcy at a pace that made 2009 the seventh-worst year on record, with more tha...

Retailing Chains Caught In Wave Of Bankruptcies

New York Times | MICHAEL BARBARO | Posted 05.25.2011 | Business

The consumer spending slump and tightening credit markets are unleashing a widening wave of bankruptcies in American retailing, prompting thousands of...