Cengage Learning Inc., the college textbook publisher in bankruptcy, reached a deal with lenders and other creditors to reorganize and eliminate more than $4 billion of its $5.8 billion in funded debt.
Hundreds of millions of dollars in mortgage-fraud settlements from JPMorgan Chase & Co. and other banks are providing a windfall to state attorneys general -- and creating a new class of political winners and losers.
Apple Inc. faces as much as $840 million in state and consumer antitrust claims related to electronic-book deals with publishers as it continues to oppose a court-ordered monitor in a related U.S. government case.
Laurie Tisch, a co-owner of the New York Giants, rang the bell at the New York Stock Exchange twice in one day, then laughed at Jimmy Fallon’s jokes during the dinner for National Football League owners. She spun with Flywheel for charity and danced with Giants cornerback Prince Amukamara at the Children’s Museum of Manhattan, where she’s been involved for more than 30 years.
New York Mayor Bill de Blasio, fulfilling a campaign promise, said the city reached a settlement with plaintiffs who sued to stop the police department’s stop-and-frisk practice, which a federal court found illegally targeted blacks and Latinos.
Thomas Knight saw a chance to make some extra money by renting out his apartment in New York’s Brooklyn borough for Super Bowl weekend, asking $300 a night. Just days before the game, he hadn’t gotten a single call.