First Brands, an auto-parts provider, filed for Chapter 11 bankruptcy protection. Yahoo Finance Senior Reporter David Hollerith outlines the details and examines what it signals for other companies.

First Brands Group Holdings has filed for Chapter 11 bankruptcy, capping weeks of turmoil sparked by creditor concern over the auto supplier’s use of opaque off-balance sheet financing. A group of ...

For years, John Alle complained to Los Angeles officials about homelessness. Now, fed up, he’s trying to make a dent in the problem on his own. For years, John Alle complained to Los Angeles officials ...

US auto parts maker First Brands filed for Chapter 11 bankruptcy, burdened by over $6 billion in debt from acquisitions, securing $1.1 billion in financing. This move, alongside affiliated ...

When a bank lends you money to buy a house or a car, it looks at your overall finances. How much money do you make? How much debt do you have? How good have you been at paying off past debts? It's ...

Last year, Apple focused its entire wearables efforts on the Apple Watch 10, which was the thinnest, lightest, and sleekest Apple Watch yet. The tenth edition of Apple’s wearable — a product lineup ...

Released into the wild decades ago, Florida’s giant pythons have multiplied into an unstoppable force, devouring native wildlife and collapsing fragile ecosystems. Iran hits back after Trump's threat ...

The global campaign to gain control of plastic waste is one of the fastest-growing environmental causes ever mounted. Yet it hasn’t been enough to make a dent in the growing tonnage of discarded ...

Both rivals and partners, Nvidia and Intel made a deal this week that included an Intel share sale to Nvidia for $5 billion and partnerships around PC and data center chips. Investors are reading the ...

NEW YORK (Reuters) -U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company whose rapidly ...

House centrists are discussing the outlines of a possible compromise to extend Affordable Care Act insurance subsidies in hopes of jump-starting stalled talks over the soon-to-expire tax credits that ...

Businesses in a struggling Nottingham city centre area say there are signs it could be returning to its former glory - but there are fears that certain serious issues need to be tackled first. People ...