Philly newspapers hope $35M will end bankruptcy
PHILADELPHIA — Philadelphia Newspapers hopes to use $35 million in new capital to settle nearly $400 million in debt and emerge from bankruptcy.
Newspaper union to see Tribune bonus information
WILMINGTON, Del. — A union representing newspaper workers should be allowed to see details about the Tribune Co.’s proposal to give bonuses totaling up to $70 million to the company’s top managers, a federal bankruptcy judge ruled Tuesday.
Judge sets hearing on BofA-SEC settlement
CHARLOTTE, N.C. — A judge has ordered a hearing on a $33 million proposed settlement between the Securities and Exchange Commission and Bank of America Corp. over executive bonuses.
Judge sets hearing on BofA-SEC settlement
NEW YORK — A judge has ordered a hearing on a $33 million proposed settlement between the Securities and Exchange Commission and Bank of America Corp. over executive bonuses.
Lilly makes buyout offer to 4,000 sales reps
NEW YORK — Eli Lilly & Co. said Tuesday it is offering buyouts to 4,000 U.S. sales representatives with the hope of eliminating a few hundred jobs.
Rather seeks to add CBS brass back to lawsuit
NEW YORK — Lawyers for Dan Rather have filed a new lawsuit against two current and former CBS executives originally named in his $70 million breach of contract lawsuit against CBS Corp. and Viacom Inc.
Las Vegas Sands loss widens in 2nd qtr
LAS VEGAS — Las Vegas Sands Corp. is reporting it lost $175.9 million in the second quarter, compared with a loss of $8.8 million a year earlier.
Ericsson buys Nortel wireless units for $1 billion
STOCKHOLM — Swedish wireless equipment maker LM Ericsson on Saturday said it had penned a deal to buy a majority of Nortel Networks’ North American wireless business for $1.13 billion.
Ericsson buys Nortel wireless units for $1.13 bln
STOCKHOLM — Swedish wireless equipment maker LM Ericsson on Saturday said it had penned a deal to buy a majority of Nortel Networks’ North American wireless business for $1.13 billion.
Judge: NYC unfair to minority firefighter recruits
NEW YORK — The city has discriminated against minorities in its hiring of firefighters, causing blacks and Hispanics to comprise only 10 percent of the fire department’s work force even though most city residents are minorities, a judge ruled Wednesday.
| » News (3534) |  |
| » Legal Proceedings (1842) | |
| » General Law (1193) | |
| » Immigration (1052) | |
| » Class Action (999) | |
| » Court (988) | |
| » India (597) | |
| » Lawsuit (525) | |
| » Settlements (395) | |
| » World (350) | |
