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Brick & Mortar Meltdown: Toys R Us Hires Bankruptcy Law Firm

Brick-and-mortar retail meltdown strikes again – this time, Toys R Us. In what is a classic sign, the company has hired mega law firm Kirkland & Ellis, whose bankruptcy-and-restructuring practice is considered a leader in the now...

Microsoft chief Steve Ballmer to retire within a year

Microsoft chief Steve Ballmer has announced he’d step down as the company’s CEO within the next 12 months. He spoke of a deep restructuring of the firm that needed longer-term supervision and management. Steve Ballmer...