As Expected, Blockbuster Files for Bankruptcy

Struggling video rental chain Blockbuster has filed for bankruptcy as part of a plan to recapitalize the company and reduce its debt.

The company filed voluntary chapter 11 petitions in the U.S. Bankruptcy Court for the Southern District of New York,…

Mired in Debt? Here’s How to Dig Out Safely

Many Americans are desperate to relieve their overwhelming debt burdens. Often they turn to unscrupulous settlement firms, which only make matters worse. But there are plenty of better options for whipping your debt into a mana…

Eight Boneheaded Blunders by America’s Biggest CEOs

The CEOs of America’s largest companies are often coached by a team of public relations professionals, but every once in awhile an executive goes rogue. Here are some of the biggest verbal blunders made by well-known chief exec…