Curated Video
Asian stock markets resumed their downward slide Friday after Wall Street fell to its lowest levels in more than 12 years amid deepening fears about the fate of General Motors Corp. and major financial companies.
HEADLINE: More losses cap tough week for Asian stocks
CAPTION: Asian stock markets resumed their downward slide Friday after Wall Street fell to its lowest levels in more than 12 years amid deepening fears about the fate of General...
Curated Video
A federal bankruptcy judge has approved the sale of most of Chrysler's assets to Fiat, clearing the way for the American automaker to exit court protection shortly
HEADLINE:Judge approves Chrysler's sale to Fiat
CAPTION: A federal bankruptcy judge has approved the sale of most of Chrysler's assets to Fiat, clearing the way for the American automaker to exit court protection shortly. (June...
Bloomberg
Will Defaults Rise Along With Interest Rates in 2015?
Jan. 5 -- Ken Buckfire, co-president and managing director at Miller Buckfire, discusses the potential impact of rising rates on corporate defaults in the coming year. He speaks on Market Makers.
Curated Video
Puerto Rico Exits Bankruptcy After Grueling Debt Negotiation
The U.S. territory has formally exited bankruptcy after announcing it was unable to pay more than $70 billion in debt almost seven years ago.
Bloomberg
Cirque du Soleil Survival After Bankruptcy Is Guaranteed, CEO Says
Jun.30 -- Cirque du Soleil Entertainment Group Chief Executive Officer Daniel Lamarre discusses the future for the 36-year-old company after filing for protection from creditors in Canada on Monday. He speaks on "What'd You Miss?"
Bloomberg
How an Army of Reddit Day Traders Sent GameStop Surging
Feb.02 -- An army of day traders on Reddit drive GameStop to new highs. David Westin reports on how this hurt short sellers and hedge funds on "Wall Street Week."
Curated Video
Pier 1 Imports To Close All Stores Permanently After Nearly 60 Years
The company said it was closing after the COVID-19 pandemic made it difficult to find a buyer.
Bloomberg
Retail’s New Reality: Consolidation, Bankruptcy, Survival
Former Saks Chief Executive Officer Steve Sadove discusses the new changes for the retail industry in the wake of the coronavirus pandemic. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
Bloomberg
U.S. Needs Expedited Bankruptcy Process to Aid Recovery, Kroszner Says
Aug.06 -- Randall Kroszner, deputy dean at the University of Chicago Booth School of Business and former Federal Reserve governor, says an expedited U.S. bankruptcy procedure would put distressed firms in a "better position both for the...
Curated Video
J.C. Penney Closing Stores After Filing For Bankruptcy
The retailer will permanently close 242 stores and has received commitments of $900 million in financing to help keep it afloat.
Curated Video
Latin American Airline Avianca Files For Bankruptcy
Avianca reports it hasn't paid most of its 20,000 employees since late March.
Bloomberg
'Mega' Bankruptcies Will Break All-Time Record, Says Professor Edward Altman
Jul.23 -- Edward Altman, Creator of the Z-Score and Professor at NYU Stern School of Business gives his outlook on bankruptcies amid the pandemic. He speaks with Caroline Hyde, Romaine Bostick and Taylor Riggs on "Bloomberg Markets."
Bloomberg
Oil Price War, Coronavirus Push Energy Bonds to the Brink
Mar.10 -- Dozens of energy bonds plunged by double digits after the world’s top crude producers started a price war and sparked expectations that Saudi Arabia and Russia will flood the market with cheap oil. On "Bloomberg Money...
AFP News Agency
Lehman Brothers fails, rattles world economy
Lehman Brothers fails, rattles world economy
Curated Video
The confirmation trial for the largest municipal bankruptcy in U.S. history is scheduled to start today. The federal proceeding is designed to determine whether bankrupt Detroit's restructuring plan will be approved. (Sept. 2)
(NATS: A driver moves through downtown amid its skyscrapers)
(NATS: Protest outside a bankruptcy hearing)
(VO: Emergency manager Kevyn Orr)
(NATS: Cars pass by the business district known as the "Avenue of Fashion")
(VO: Salon...
Bloomberg
Creditor Combat Acceptable Because 'We Are Not Brothers,' Marks Says
Oct.15 -- Oaktree Capital Group founder Howard Marks said that investment firms have a duty to their clients to stick up for their interests and maximize returns, so they can’t “go easy” on other creditors in distressed negotiations. He...
Bloomberg
Reddit Day-Traders Versus Short-Sellers
Jan.29 -- Reddit day-traders revolted against hedge funds by piling into their most-shorted stocks.
Curated Video
Brownsville Assembly of God was the miracle church a few years ago, as millions from around the globe packed services and donations poured in. Yet these days, it's a miracle the church has enough money to pay the mortgage and payroll.
HEADLINE: Once booming, Fla. church now surviving revival
CAPTION: Brownsville Assembly of God was the miracle church a few years ago, as millions from around the globe packed services and donations poured in. Yet these days, it's a...
Bloomberg
Detroit Bankruptcy Judge Approves Debt-Cutting Plan
Nov. 7 -- Bloomberg's Mark Crumpton reports on today's top news stories on Bottom Line. (Source: Bloomberg)
Bloomberg
Is Caesars About to Become One of the Walking Dead?
Oct. 30 -- Julie Hyman reports on Caesars Entertainments debt. She speaks on In The Loop. (Source: Bloomberg)
Bloomberg
Shale Stocks Overpriced, Overdone, Says MercBloc's Dicker
Sept. 15 -- Dan Dicker, president at MercBloc, looks at equity valuations of shale producers and the factors extending the timeline for a rebound in oil prices. He speaks on "Bloomberg ‹GO›."
Bloomberg
Howard Cure Says Puerto Rico Debt Crisis Unprecedented
Oct.10 -- Howard Cure, Evercore Wealth Management director of municipal bond research, discusses Puerto Rico's debt crisis. He spoke with Bloomberg's Scarlet Fu and Julia Chatterley Oct. 6 on "Bloomberg Markets."