PREVIEW-Black Friday sales intensify in US downturn Interactive Investor, UK - 20 minutes ago The contracting US economy has already slashed profits for many retailers and pushed some into bankruptcy, including electronics retailer Circuit City ...
US stocks surge Brisbane Times, Australia - 15 minutes ago The failure of US automakers, including General Motors, to secure an immediate government bailout to avert possible bankruptcy lingered, although GM and ...
GM cuts output and jets as US demands turnaround plans Reuters UK, UK - 19 minutes ago The companies have said federal aid is the only alternative to bankruptcy and massive job losses. The letter will demand that automakers provide by December ...
Obama keeps low profile in auto rescue talks International Herald Tribune, France - 35 minutes ago Senate Democratic aides described a process called a "prepackaged bankruptcy," whereby a company would work out a reorganization plan with creditors, ...
Bankruptcy judge approves sales of Boscov's The Evening Sun, PA - 23 minutes ago A Delaware bankruptcy judge on Friday approved the sale of regional department store chain Boscov's to two former executives. Judge Kevin Gross cleared the ...
Gov. Granholm Confident Automakers Will Get Relief MyFox Detroit, USA - 33 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Asked if auto executives should be ...
Automakers need to make case for government aid eTaiwan News, Taiwan - 42 minutes ago If just one of the automakers should declare bankruptcy, some estimates put US job losses next year as high as 2.5 million. Congress is weighing a tricky ...
Black Friday sales intensify in US downturn Reuters - 49 minutes ago The contracting US economy has already slashed profits for many retailers and pushed some into bankruptcy, including electronics retailer Circuit City ...
FDIC OKs backing for bank debt, deposits Bismarck Tribune, USA - 20 minutes ago The original plan called for FDIC guarantees for the new debt in the event the issuing bank failed or its holding company filed for bankruptcy. ...
Corcoran on the auto bailout plan National Post, Canada - 55 minutes ago A bankruptcy, perhaps under Chapter 11 or some other legal US insolvency procedure, would put a judicial trustee in place to manage a reorganization of the ...
Indictment in illegal alien case Times of the Internet, Ohio - 6 minutes ago The company filed for Chapter 11 bankruptcy this month, after being slapped with $10 million in fines from the Iowa labor commissioner's office. ...
Roaming Ybor City chickens pose health risk Tampabay.com, FL - 2 minutes ago GM cannot reorganize in bankruptcy, because in today's credit market there is no lender to provide financing to allow them to buy parts and supplies on ...
Dow up 494 as Obama prepares to name treasury boss Columbus Telegram, NE - 5 minutes ago The prospect of a bankruptcy filing by one or more of the companies has added to Wall Street's worries about the state of the economy. ...
Automakers need to make case for gov't aid abc7news.com, CA - 44 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Congress is weighing a tricky ...
UPDATE 4-Citigroup shrs drop; CEO plans to keep Smith Barney FXstreet.com The Foreign Exchange Market, Spain - 58 minutes ago "Now I know what the people at Lehman Brothers felt like," one bank staffer said, referring to the investment bank that filed for bankruptcy protection on ...
UPDATE 4-Citigroup shrs drop; CEO plans to keep Smith Barney Forbes, NY - 1 hour ago 'Now I know what the people at Lehman Brothers felt like,' one bank staffer said, referring to the investment bank that filed for bankruptcy protection on ...
