Atlantic City has raised the risk of a historic default as the distressed gambling hub seeks assistance from New Jersey. So far, Governor Chris Christie is treating it like a bluff.
Valeant Pharmaceuticals International Inc. resolved its default on some of its $30 billion in debt by filing its long-overdue U.S.
The company should focus on cutting costs, may be forced to cut the dividend in the future if oil prices do not recover fast enough.
U.S. stocks fell Friday as healthcare and technology companies continued to report weak first-quarter results, but thanks to some late buying, they managed to avoid major losses.
Starbucks opened its first store today in Ferguson, Missouri, as part of a national outreach program to provide jobs to locals, create opportunities for the youth and revitalize the community in low to medium-income "diverse" communities.