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,…

Chase Online Banking Dogged by Technical Problems

Computer problems dogged Chase’s (JPM) online banking services for a second day on Wednesday, leaving many customers frustrated.

Problems first appeared on the Chase site late Monday, with customers unable to log on to their accounts. Technicians wor…