Sears prepares to file for bankruptcy in coming days: sources

Business Oct 11, 2018

Sears prepares to file for bankruptcy in coming days: sources

Sears Holdings Corp. is preparing to file for Chapter 11 bankruptcy protection in the coming days following years of declining sales, sources said on Wednesday, casting doubt over the survival of what was once the world's largest retailer. The bankruptcy filing would end a standoff ...

Westinghouse could be sold by year's end, U.S. seen telling India

Business Jul 3, 2017

Westinghouse could be sold by year's end, U.S. seen telling India

The U.S. administration has told India that Westinghouse Electric Co. will emerge from bankruptcy and be sold by the year end, industry and diplomatic sources have said, raising the prospect of a Washington-supported sale or bailout for the nuclear firm. India, like other nuclear nations, ...