The First Brands debacle shows why. First Brands is hardly a capital-markets backwater. Look at the roll call of institutions affected by its blow-up. Shares in Jefferies, which had raised money for the company,

Cameron Arnold and Zachary Evetts become first Antifa members charged with terrorism-related offenses for July 4 attack on ICE facility in Alvarado, Texas.

The investment bank’s deep ties to the auto-parts maker are likely to draw questions at its annual investor day Thursday

Auto parts maker First Brands' bankruptcy has sent ripples through credit markets in recent weeks, casting a spotlight on the exposure of some of the world's top financial institutions.

The embattled chief executive of First Brands, an American auto-parts maker that filed for bankruptcy last month amid an uproar over its lending and accounting, resigned on Monday.

The federal watchdog for corporate bankruptcies joined a creditor’s demand for an independent investigation of the troubled auto-parts supplier First Brands Group, which has admitted it can’t find $2.

Bank of America's syndicated loans to First Brands are secured by strong collateral, while Morgan Stanley has no exposure to the bankrupt U.S. auto parts supplier, the banks' top executives said on Wednesday.

Rafael Advanced Defense Systems completes Iron Beam laser interceptor that destroys rockets and drones at a fraction of the cost of conventional missile systems.

Apple is working on its first MacBook Pro with a touch-screen display, after years of arguing the technology should be saved for tablets, according to a new report. The revamped MacBooks – code-named K114 and K116 – are expected to launch late next year or early in 2027, people with knowledge of the matter told Bloomberg.

Former Titans first-round pick Treylon Burks is back with an NFL team, signing with the Washington Commanders practice squad.

Before the world could learn much about Patrick James, who founded and led the auto supplier First Brands Group that fell into bankruptcy last month, he was gone.