The Flip Board

Morgan Stanley, the second-biggest U.S. securities firm, told thousands of clients this week that they won’t be allowed to withdraw money on their home-equity credit lines, said an inside source or person familiar with the situation.

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Apparel chain Steve & Barry's has agreed to be acquired by turnaround specialist Bay Harbour for $163 million. The deal is subject to bankruptcy-court approval and the negotiation of store leases.

Retailer Boscov's filed for bankruptcy protection with plans to close 10 underperforming stores in its family-owned department store chain.

WCI filed for bankruptcy protection, dealing a blow to Icahn, who lost about $120 million on his investment.

June Fletcher finds three high-tech ways to make your home more compelling to prospective buyers.

Dennis Pflueger and his wife won a rent-free year in a nice new house. But the Pfluegers are a bit lonely -- just one other family lives in their subdivision. Since real-estate tanked, many such new communities are sitting half-empty.

J.P. Morgan Chase said it would move to Canary Wharf, the rival district to London's historic financial center, developed over the past two decades.

IndyMac plans to file for Chapter 7 protection in the U.S. Bankruptcy Court for the Central District of California.

Fannie Mae and Freddie Mac, trying to contain mortgage-default losses, are redoubling their efforts to prevent foreclosures. In some cases, though, the moves may only delay the inevitable.

Cher is asking $45 million for her Italian Renaissance-style villa. Shaq has trimmed the asking price for his Miami mansion to $29 million from $32 million. Artist Jennifer Bartlett sold her Manhattan townhouse for $17 million.