China Vanke Co. is preparing a debt restructuring plan at the request of authorities, people familiar with the matter said, ...

NEW YORK (AP) — The top executive of the private company that owns Saks Fifth Avenue and Neiman Marcus is stepping down as it struggles with debt taken on to buy a rival almost two years ago. Saks ...

Re “A waterfront eyesore could get stylish, modern makeover” (Business, Dec. 17): The Globe’s recent article on Pier 5 in Charlestown highlights an ambitious proposal by Courageous Sailing, an ...

China Vanke's shares fell sharply after its bondholders rejected a proposal to extend a bond payment, fueling fears that authorities may not offer support to keep the developer afloat. The company's ...

The Peter Peterson Foundation is one of many organizations in Washington that have been formed to build support for deficit reduction solutions. These groups, often called “deficit hawks,” issue ...

PHILADELPHIA (WPVI) -- Every year, about four million people visit the Rocky Statue, making it just as popular as the Statue of Liberty. Now, city officials are considering a proposal to move the ...

Virgin Galactic shares slid after the aerospace company said it would issue shares and take on new debt in order to repurchase $355 million in convertible senior notes that would have come due in 2027 ...

For many people, the concept of debt is a downer. For business owners, however, debt should be viewed as a tool. Financing your business with borrowed money can, under the right circumstances, be a ...

In a filing, the company said it had failed to make interest payments on its first-lien notes due in 2028. Credit: JHVEPhoto/Shutterstock.com Automotive supplier Luminar Technologies has brought in a ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt sales happen more often than borrowers realize, though, and they ...

Economist Peter Schiff slammed billionaire hedge fund manager Bill Ackman’s restructuring proposal that would release mortgage giants Federal National Mortgage Association (OTC: FNMA) or Fannie Mae ...