A prolonged pricing slump and a high level of debt push the closely held mining firm into Chapter 11.
The Federal Trade Commission's attempt to block Sysco's takeover of US Foods heads to a U.S. district court.
Corinthian Colleges had been accused of misrepresenting job-placement rates, and the federal government had cut off its access to federal student aid.
Definitely not, says Warren Buffett, the company's chairman and CEO.
Still, given the fall in energy prices, Moody's expects the speculative-grade default rate to rise to 3.1% in 2016.
Martin Lipton advises companies to meet with activists and avoid "drawn out" proxy battles.
At the same time, Fed officials appear convinced that the first-quarter slowdown was due to "transitory" effects.
A hedge fund agreed to settle charges that it retaliated against a trader who reported securities law violations.
Dan Gilbert fires back at the Justice Department over lawsuit regarding the underwriting of Federal Housing Administration mortgage loans.