NEW YORK / Bloomberg Fairway Group Holdings Corp., the New York gourmet grocery chain that once had ambitions of a nationwide expansion, is approaching default after years of red ink. After gorging on debt to finance its growth plans, the company is now at risk of breaching its credit covenants when its fiscal quarter ends on April 3, according to ...

Bloomberg Fannie Mae, the government-controlled mortgage company, will pay the U.S. Treasury Department $2.9 billion after reporting net income of $2.5 billion for the fourth quarter. The company, which was placed under conservatorship along with smaller rival Freddie Mac during the 2008 financial crisis, will have returned $147.6 billion in dividends to the federal government, according to a regulatory filing ...

Las Vegas / Bloomberg The scars of the housing collapse in Nevada are deep and still fresh, making the state a proving ground for the power of Bernie Sanders’s anti-Wall Street message to drive voters to the polls. Sanders has surged in what had been considered a stronghold state for Hillary Clinton heading into Saturday’s Democratic presidential caucus, adding staff ...