Stockton, California will become the largest U.S. city to seek protection from its creditors after its leaders approved a budget on Tuesday night based on the city filing for bankruptcy. Officials in ...

During the Gold Rush, Stockton was one of the largest and most prosperous cities in California – but no more. On Thursday, the Central Valley town announced that it was insolvent and became the ...

Last night, the California City of Stockton adopted a new budget to allow it to operate under bankruptcy. It's the nation's largest city so far to seek protection from creditors. But it may not be the ...

March 23 (Reuters) - The holdout creditor in Stockton, California's bankruptcy case filed an opening brief in its appeal of the city's reorganization plan on Monday, claiming "no bondholder has ever ...

Empty makeup aisles, a closed Thrifty Ice Cream scoop counter, some medicine on the shelves and discounted greeting cards were on display at a once-thriving Rite Aid at Lincoln Center. On Tuesday, Aug ...