The Chrysler and General Motors bankruptcy reorganizations represented a sea change in corporate restructuring, one that could portend the end of our current system of bankruptcy reorganization, according to a published article ...
Economics & Business
Nov 10, 2010
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Rating agency Moody's said Tuesday it had lowered its outlook on Finnish mobile phone maker Nokia to "negative" from "stable."
Business
Oct 26, 2010
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Linden Lab, creator of the online virtual world Second Life, said Wednesday it was laying off 30 percent of its staff.
Business
Jun 9, 2010
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(AP) -- Data-storage company EMC Corp. reported a 92 percent jump in net income Wednesday and raised its full-year forecast, with technology spending rebounding.
Business
Apr 21, 2010
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US global security giant Lockheed Martin said Wednesday it will cut approximately 1,200 US jobs as part of a restructuring within its electronics systems business area.
Space Exploration
Jan 6, 2010
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(AP) -- Adobe Systems Inc. said Tuesday that although it booked a loss in the fiscal fourth quarter, consumer demand improved and allowed the maker of Photoshop and Flash software to post an optimistic outlook for the current ...
Business
Dec 15, 2009
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(AP) -- The struggling Internet company AOL plans to shed up to 2,500 jobs - more than a third of its work force - as it prepares to separate from Time Warner and finally sever their ill-fated marriage.
Business
Nov 19, 2009
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(AP) -- New regulatory filings suggest many more layoffs could be coming at AOL LLC as it separates from Time Warner Inc. by the end of the year.
Business
Nov 12, 2009
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(AP) -- Telecommunications services provider FairPoint Communications filed for Chapter 11 bankruptcy protection Monday after agreeing on a deal with key lenders that will help lower its debt by about 62 percent.
Business
Oct 26, 2009
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Think, an electric vehicle manufacturer based in Norway, may move production to Finland as part of a restructuring plan, the Norwegian tabloid Verdens Gang reported on Wednesday.
Business
Aug 26, 2009
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