JC Penney Landlords Close To Buying Retailer Out Of BankruptcyPenney’s lawyer Josh Sussberg announced the tentative pact, which will save roughly 70,000 jobs, during a brief hearing in bankruptcy court Wednesday.
S&P Trading Halts After Huge Drop And Fed Emergency Rate CutStock trading was halted on Monday after the Federal Reserve's emergency action plan did little to squeal Wall Street's fears of a recession because of the coronavirus pandemic.
Trading Temporarily Halted After Dow Jones Drops More Than 2,000 PointsThe Dow Jones fell so sharply -- plummeting 1,800 points at the open -- that circuit breakers tripped and trading on the New York Stock Exchange had to be halted.
J.C. Penney Sees Key Sales Figure Down Despite CEO's Attempt At Turning Around CompanyJ.C. Penney Co. dumped more bad news on investors Thursday, saying that a key sales measure for the year was expected to be down more than Wall Street expected.
JC Penney Responds To Investors' Debt Restructuring ConcernsPlano-based J.C. Penney says it hasn't hired any advisers to prepare for an in-court restructuring or bankruptcy.
Toys R Us Plans Small Comeback With 2 Stores This Year, 1 In TexasThe first two new Toys R Us stores — one in Texas, the other in New Jersey — will open in November as part of a small comeback of the defunct iconic toy chain in the U.S.
2 Texans Convicted In $22M Investment Fraud SchemeProsecutors have convicted two Texas men in a $22 million fraud scheme where they used investment funds on luxury items -- including a Rolls-Royce.
Stock Markets See Worst Christmas Eve Session EverThe stock market didn't offer any presents to investors Christmas Eve.
Dallas CEO Arrested In Cryptocurrency SchemeAuthorities say Jared Rice Sr. was arrested Wednesday and faces multiple counts of wire fraud and securities fraud.
Stock Drop Rattles Investors After Long Market Run-UpThe 1,175-point drop in the Dow Jones industrial average Monday — about 4.6 percent of its value — capped two days of losses that have erased the stock market's gains for the year.
Dow's Record Drop: Who Should Worry But Probably Won'tThe Dow Jones Industrial Average had its biggest single day point decline in its history-- at one point down 1,500 points.
TD Ameritrade Expands After-Hour Trading Round The ClockAdvances in technology have already reshaped stock trading, and now investors with TD Ameritrade can trade stocks around the clock during the week.
Dow Closes Above 24,000 For First TimeInvestors welcomed signs that the odds were improving for the Republican-led effort to forge a sweeping tax overhaul bill.
Texas Man Gets 15 Years For Running Wind Farm Investment ScamIn addition to having to pay nearly $3.4 million in restitution, a Colleyville man has been sentenced to 15 years in federal prison for running a wind farm investment scam.
Texas Retirement Funds Federal Lawsuit Targets Dole Food BuyoutTwo Texas public employee retirement funds have filed a shareholder lawsuit in Delaware challenging a deal in which Dole Food chairman and CEO David Murdock took the company private.