collapse

Fishermen and federal officials grappled Friday with the increasingly bleak prospect of finding some way for the historic industry to avoid collapse amid troubles with the health of Gulf of Maine cod.

Malev Zrt., the state-owned Hungarian airline founded in 1946, ceased flying after the government withdrew financing, becoming the second victim of European austerity measures in a week after the collapse of Spanair SA.

Credit agency expected to downgrade 6 nations; Greece again teeters on brink. US already is feeling the effects of Europe's economic slowdown.

At a House hearing on his firm's collapse, a humbled Jon S. Corzine insisted that he "never intended to break any rules" while running MF Global.

The stock market was not exactly surprised that the so-called supercommittee failed to reach a deal to cut the federal deficit. But on Monday, investors sold big.

WASHINGTON D.C. -- The continuing collapse of traditional pension plans has undermined the confidence Americans once had that they could retire comfortably, and the push toward such alternatives as 401 plans has yet to meet expectations.

The United States has a confidence problem, and a growing number of economists argue that the collapse of housing prices plays a major role.

Statement regrets collapse of talks but says viewing of Starz content "is now down to about 8%...

Stocks tanked again Tuesday as many global markets entered official bear market territory after one of the worst days on Wall Street since the collapse of Lehman Brothers in 2008.

Jean-Claude Trichet appeared to have gotten governments to reclaim the task of preventing collapse of the Greek economy, as well as wider responsibility for fiscal performance of the euro area.