Business & Economy
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Family Christian Stores drops bankruptcy plan

Business | Largest Christian retailer in the U.S. must now go back to the drawing board to find a new restructuring plan
by Lynde Langdon
Posted 3/18/15, 12:38 pm

Family Christian Stores has withdrawn a proposal for a controversial bankruptcy plan criticized by debtors for ties between the seller and buyer that were too close for comfort.

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Flickr/Photo by Ben Popken

Publishers sue Family Christian Stores over bankruptcy plan

Business
by Lynde Langdon
Posted 3/10/15, 08:00 am

A group of Christian publishers that stands to lose $20 million is fighting back against part of Family Christian Stores’ bankruptcy plan. Twenty-seven companies filed a joint lawsuit in federal bankruptcy court Friday to protect products Family Christian Stores has on its shelves but hasn’t yet paid for.

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Associated Press/Photo by Nam Y. Huh

Is the government greasing the skids for another housing slump?

Housing
by Kent Covington
Posted 2/24/15, 12:25 pm

On the whole, the housing market has regained much of the ground it lost in the 2008 financial crisis. Sales have been healthier each year for the past few years.

But some analysts are concerned many of the factors propelling that growth aren’t healthy at all and could lead to another free-fall in the housing market. 

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