News tagged with bankruptcy
US, Canadian judges approve Nortel bankruptcy sale
(AP) -- Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses.
Sep 16, 2009 |
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Ownership of Unix copyright headed to trial
(AP) -- A federal appeals court on Monday reversed a judge's decision that granted the copyright of the Unix computer operating system to Novell Inc.
Aug 25, 2009 |
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GM to launch plug-in hybrid SUV in 2011
General Motors will launch a plug-in hybrid sport utility vehicle under the Buick brand in 2011, the automaker said Thursday.
Technology / Energy & Green Tech
Aug 07, 2009 |
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Courts OK $1.13B sale of Nortel assets to Ericsson
(AP) -- U.S. and Canadian courts have approved Swedish wireless company LM Ericsson's $1.13 billion bid to buy next-generation wireless technology and other assets from insolvent telecom equipment maker Nortel Networks Corp.
Jul 28, 2009 |
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Nortel strikes deal to sell business unit to Avaya
Canadian telecom equipment maker Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court.
Jul 20, 2009 |
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General Motors to try selling new cars on eBay
(AP) -- As part of its turnaround plan, General Motors Corp. said Friday it plans to experiment with auctioning new cars on eBay, expanding on an existing partnership covering certified used vehicles on the online marketplace.
Jul 10, 2009 |
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London 2012 replaces sponsor Nortel with Cisco
(AP) -- London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco for the 2012 Games, a move that will cost organizers $19.4 million in revenue.
Jul 10, 2009 |
3.5 / 5 (2) |
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Unclear what happens to personal info with Clear
(AP) -- More than a quarter million people are wondering what will happen to their fingerprints, Social Security numbers, home addresses and other personal information now that a company that sped them through ...
Jun 27, 2009 |
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Study: Bankruptcy rates reflect policy, not people
What do high bankruptcy rates in states like Tennessee and Utah tell us about the people that live in those places? Not much, according to a new 50-state bankruptcy study published in the latest issue of the Journal of La ...
Other Sciences / Economics & Business
Jun 22, 2009 |
5 / 5 (1) |
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Nortel to sell itself off in pieces
(AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company.
Jun 20, 2009 |
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Illness, medical bills linked to nearly two-thirds of bankruptcies
Medical problems contributed to nearly two-thirds (62.1 percent) of all bankruptcies in 2007, according to a study in the August issue of the American Journal of Medicine that will be published online Thursday. The data w ...
Jun 04, 2009 |
5 / 5 (3) |
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DirecTV sued over ads on Charter's bankruptcy case
(AP) -- Charter Communications Inc. is suing DirecTV Group Inc. over advertisements that try to persuade subscribers to switch TV service by touting Charter's bankruptcy filing.
May 12, 2009 |
3 / 5 (1) |
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Job loss can make you sick, new study finds
In the face of rising unemployment and businesses declaring bankruptcy, a new study has found that losing your job can make you sick. Even when people find a new job quickly, there is an increased risk of developing a new ...
May 08, 2009 |
5 / 5 (1) |
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Research: No evidence for 'too big to fail' policies
The U.S. economy would be better served by letting failing firms file for bankruptcy rather than by bailing them out under presumptive federal policies that deem them to be "too big to fail," according to ...
Other Sciences / Economics & Business
Apr 24, 2009 |
5 / 5 (6) |
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Private equity firms win battle for bankrupt Polaroid
Bankrupt Polaroid Corp. has been bought by a pair of private equity firms after a judge threw out the acquisition of the iconic inventor of instant photography by another investor.
Apr 17, 2009 |
4 / 5 (2) |
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