Divided Over Purdue Pharma Deal, SCOTUS Unites in Accepting a Dubious OxyContin Narrative
The majority and the dissenters agree that the drug was "central" to "the opioid crisis," even though there is little evidence to support that thesis.
Bankruptcy
Opposition to U.S. Steel Sale Shows How Similar Biden and Trump Are on Trade
Economic nationalists are claiming the deal endangers "national security" to convince Americans that a good deal for investors, employees, and the U.S. economy will somehow make America less secure. That's nonsense.
Is the ACA's "Shared Responsibility Payment" a "Tax . . . Measured by Income"?
The Affordable Care Act's individual mandate penalty meets the bankcuptcy code.
Trucking Company on the Hook for $700 Million Federal Loan Files for Bankruptcy
Reason reported last month that with less than two years left on its loan, Yellow Corporation owed more than it originally borrowed and had repaid only $230 in principal.
A Decade After Bankruptcy, Is Detroit Better?
The 2013 bankruptcy filing didn't make the city more prosperous, more functional, or less corrupt.
Bankrupt Crypto Exchange FTX Under Investigation
Plus: Democrats retain control of Senate, RIP Sharon Presley and Martin Wooster, and more...
After a $54 Billion Airline Bailout, Elizabeth Warren Thinks She Gets To Make the Rules
More airline workers and more flights—not bailouts and restrictions on mergers—is the better policy.
The Easy Way To Avoid Federal Income Tax: Move to Puerto Rico
Wherever markets are free, new wealth gets created. Then almost everyone wins.
A Hero Is a Movie in Which Everyone Both Is and Isn't a Hero
A new Iranian thriller is both an elaborate social parable and an extended advertisement for the U.S. bankruptcy system.
Solar Panel Manufacturer That Hasn't Produced Solar Panels Since 2017 Seeks Extension of Solar Panel Tariffs
What good is protectionism that isn't protecting anything?
A Third Option Beyond State Bailouts and Bankruptcy
John Baker and Robert Miller identify an alternative
Private Flood Insurers Chastised for Not Insuring Houses Likely To Be Flooded
It's simple: You should not build your house in places where you can't get private flood insurance.
Elizabeth Warren's Plans Don't Add Up
The Warren worldview of ill-founded economic pessimism is both bloodless and moralizing.
Elizabeth Warren's Fake Wonkery
All too often, the Massachusetts senator and 2020 hopeful gets key details wrong.
The Invalidation of the PROMESA Appointments
A few thoughts on the First Circuit's separation of powers ruling on the Puerto Rico bankruptcy board
Sears Finally Entered Bankruptcy. The Struggle to Save It Was a Noble One.
Sometimes a bankruptcy isn't evidence of some hedge fund manager's hubris or humiliation, but merely a reminder that risk is part of capitalism.
Bitcoin's Crazy Price Rise Might Lead Owner of Bankrupt Former Exchange Mt Gox to Crazy Profits
Customers lost billions in bitcoin, and former operator Mark Karpeles could gain well over half a billion.
Another Taxpayer-Funded Cleantech Company Goes Bankrupt
Aquion Energy files for Chapter 11. Will Tesla's Gigafactory be next?
It's Not Hedge Funds That Caused Puerto Rico to Fail to Manage Its Debts
Those who call for aid shouldn't ignore where the territory's money actually went.
San Bernardino Police Abuse Victims May Get Screwed Over by Bankruptcy
Families could end up with just pennies on the dollar.
Fresh Out of Bankruptcy, City Announces Multimillion-Dollar Housing Project
Stockton has apparently learned nothing from its embarrassing financial boondoggle.
Why the Stockton California Bankruptcy Ruling Can't Stop Public Sector Pension Reform
A federal judge approved Stockton's bankruptcy exit plan which punts on pension debt. But other cities are free to tackle the problem, and they must.
Judge Rules Stockton's Pensions May Be Cut in Bankruptcy
A major blow against the sanctity of public employee pensions in California
Detroit to File Restructuring Plan Next Week
To explain how it plans to get out of bankruptcy
Company Behind W. Va. Chemical Leak Files for Bankruptcy
Owes more than $3 million to 20 creditors
Loehmann's Files for Third Bankruptcy
This time will be the last -- it plants to liquidate
Detroit's Bankruptcy Ruling Doesn't Spare the Pensions
But it's up to politicians and voters to fight for reforms
Judge Approves Plan for Detroit to Fix Street Lights
About 40 percent of the lights in the city don't work
Reason Foundation Study Details Depths of Green Energy Crony Capitalism
Not an investment in the future but in people who know the right politicians
Welcome to Bankruptcy, Detroit!
Judge says yes to Chapter 9 protection, as well as pension cuts
Judge to Rule on Detroit Bankruptcy Dec. 3
Will determine whether city can restructure billions in debt
