Reader’s Digest Publisher Files for Bankruptcy … Again

The company that owns Reader's Digest has filed for Chapter 11 bankruptcy protection for the second time in four years. More 

Hostess Gets OK to Auction Off Brands

The U.S. Bankruptcy court has approved the auction of Hostess Brands' popular snack food brands, including Twinkies, Wonder Bread and Drakes. More 

Don’t Go Crazy Over an AMR-US Airways Deal

Investors win if a merger keeps an airline out of bankruptcy, but the post-merger share performance of the new entities -- and their volatility -- is nothing to be excited about. More 

Casey Anthony $800K in Debt, Files for Bankruptcy

Casey Anthony -- acquitted in 2011 of murdering her daughter -- has recently filed for Chapter 7 bankruptcy protection. More 

Video-Game Maker THQ Files for Bankruptcy

THQ, a developer of video games, has filed for bankrupcty protection and will sell some of its assets. More 

Kodak Sells Off Patents for $525M

A group of companies, including Google, Apple, Microsoft and Research in Motion, will pay $525 million to purchase a portfolio of patents from bankrupt Kodak. More 

Wal-Mart, Kroger Want a Bite of Twinkie-Maker Hostess

A number of companies, including Kroger and Wal-Mart are reportedly bidding on the assets of bankrupt Hostess Brands. More