Philadelphia Newspapers hopes $35M will resolve bankruptcy; judge scolds all sides for bluffs

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.

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Bankruptcy judge gives newspaper union access to Tribune bonus information

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.

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Judge wants to hear more Monday on BofA’s $33M settlement with SEC over Merrill bonuses

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.

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Judge declines to OK BofA’s $33M settlement with SEC over Merrill bonuses, sets Monday hearing

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.

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Eli Lilly plans to cut hundreds of sales jobs with buyout offers, will restructure marketing

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.

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Rather files lawsuit to add CBS executives back to breach of contract lawsuit

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.

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Las Vegas Sands loss widens in 2nd qtr, including lawsuit settlement and charges

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.

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Swedish telecom giant Ericsson to buy parts of Nortel wireless business for $1.13 billion

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.

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Swedish telecom giant Ericsson to buy parts of Nortel wireless business for $1.13 bln

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.

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Judge rules that NYC discriminates against black, Hispanic firefighter recruits

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.

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