RadioShack Files for Chapter 11 Bankruptcy

Wolff Vorhoff
Thursday night RadioShack announced they will sell between 1,500 and 2,400 stores of their approximately 4,000 to Standard General and Sprint after filing for Chapter 11 Bankruptcy. RadioShack has filed with $1...
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Central Falls, R.I. files for bankruptcy

Brittney McNamara
Central Falls, R.I. is declaring bankruptcy and claims "the current situation is dire," according to state officials. “Despite its proud past, the reality of the present is that Central Falls is no longer a...
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Borders will likely be liquidated

Brittney McNamara
Borders, a 40-year-old book seller, is seeking approval to liquidate after it could not get any bids to keep it in business. The chain, with 399 stores in total, including 15 in Massachusetts, could start l...
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Toni Braxton files for bankruptcy again

Eiko Watanabe
More than 10 years after a dispute over her recording contract led Toni Braxton, 43, to file for bankruptcy, the singer has returned to bankruptcy court once again. In her Chapter 7 bankruptcy petition, file...