Tribune Co lenders on Monday labeled the U.S. newspaper publisher's proposed plan to exit bankruptcy unfair and said they deserve the right to propose an alternative.
U.S. stocks were slightly higher on Monday as euro zone finance ministers approved a massive emergency aid plan for debt-plagued Greece, removing
Airbus parent EADS has not decided whether to challenge Boeing for a deal worth up to $50 billion to sell air tankers to the United States but would not do so at a loss, its chief executive said on Monday.
U.S. stocks edged up at the open on Monday after euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece, easing sovereign debt concerns.
UBS sought to defuse criticism over management responsibility for the bank's troubles and bonuses by posting its highest pretax profit since the credit crisis began and a big slowdown in client withdrawals.
Apple's plunge into the advertising market announced this past week gave Google a big boost in arguing for regulators to approve its acquisition of mobile advertising leader AdMob, Google CEO Eric Schmidt said on Sunday.
U.S. stock index futures pointed to a flat open on Monday as euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece, easing sovereign debt concerns.
U.S. regulators did not properly supervise Washington Mutual Inc, even as the savings and loan began to crumble because of the subprime mortgage crisis, a federal investigation concluded, the New York Times reported.
U.S. stock index futures pointed to a slightly higher open on Monday, aided by easing sovereign debt concerns after euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece.
Smartphone maker Palm Inc , which has not turned a profit in its battles with rivals Apple and RIM, has begun seeking offers for the firm, Bloomberg said, citing three people familiar with the situation.
(Corrects 2006/2007 profit figure to $56 million from $35 million in sixth paragraph)
U.S. stock index futures rose on Monday, aided by easing sovereign debt concerns after euro zone finance ministers approved a massive emergency aid plan for debt-stricken Greece.
Japan's Sharp Corp said it would begin selling 3D-capable LCD TVs in Japan this summer, the latest consumer electronics maker to enter the market for what is expected to be the industry's next growth driver.
UBS delivered its highest pretax profit since the credit crisis began, just ahead of a likely tense shareholder meeting, and said withdrawals had slowed substantially as the bank rebuilds client trust.
Palm Inc , the loss-making smartphone maker, is looking to sell itself and is seeking bids for the company as early as this week, Bloomberg said, citing three people familiar with the situation.
Stock index futures pointed to a higher open on Wall Street on Monday, helped in part by easing worries over sovereign debt after euro zone finance ministers approved a massive aid plan for debt-stricken Greece.
Further mergers among airlines are essential in order to cut costs and improve competitiveness in an industry seen sustaining combined losses of $2.8 billion this year, the head of airline industry body IATA said on Monday.
UBS AG delivered its highest pretax profit since the start of the credit crisis ahead of a likely tense shareholder meeting and said withdrawals were substantially lower at all divisions.
New York state could glean considerable sums from UBS clients who have evaded taxes by hiding money in offshore accounts once the federal government starts handing over its data to the states, a New York state tax official said.
Japan's Sharp Corp said it would begin selling 3D TVs this summer, the latest consumer electronics maker to enter the market for what is expected to be the industry's next hit product.
The euro posted its sharpest daily gain in two months on Monday and Asian stocks hit 22-month highs after a giant emergency aid plan for Greece boosted demand for riskier assets across the board.
American International Group Inc realized a loss of up to $2 billion last year as its Financial Products unit ended most of its remaining trades with Goldman Sachs Group Inc , a source familiar with the matter said on Sunday.