Saks Global, parent of high-end department store chain Saks Fifth Avenue, is weighing Chapter 11 bankruptcy as a last resort, Bloomberg News reported on Monday, citing people familiar with the matter.

Brazilian airline Azul SA is the latest in a string of overseas carriers turning to Chapter 11 in the US, becoming “bankruptcy tourists” to access legal protections largely out of reach in their home ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...