Former Nortel execs acquitted of fraud

A Canadian court on Monday acquitted three top executives of former high-flying telecom company Nortel accused of defrauding the now-defunct firm, citing a lack of evidence.

Tribune leaves bankruptcy after 4 years

(AP)—Tribune Company says it has emerged from a Chapter 11 restructuring more than four years after the media company sought bankruptcy protection.

Videogame maker THQ files for bankruptcy

The US videogame company behind popular titles "Saints Row" and "Red Faction" said on Wednesday it had filed for bankruptcy while wrangling to sell its assets to "a stalking horse bidder."

Kodak to receive $525M from patent sale (Update)

Eastman Kodak is selling its digital imaging patents for about $525 million, money the struggling photo pioneer says will help it emerge from bankruptcy protection in the first half of next year.

Report: Kodak gets patent bid from Apple, Google

Apple and Google, bitter rivals in smartphone technology, have joined up to make a combined bid for a bundle of patents offered by photography pioneer Kodak, according to a published report.

A123 bankruptcy financing gets final approval

(AP)—A Delaware judge is giving final approval for Chinese auto-parts maker Wangxiang Group to provide $50 million in bankruptcy financing for battery maker A123 Systems.

Kodak reaches deal to borrow $793M

(AP)—Kodak says it has reached an agreement to borrow $793 million, an important step in letting it leave bankruptcy protection in the first half of next year.

Kodak's 3Q loss widens as company reorganizes

(AP)—Eastman Kodak's losses widened to $312 million in the third quarter as the photo and printing company struggles to emerge from bankruptcy protection.

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