Sat, 11 Jul 2009 16:42:07 EDT GM Takes New Direction GM kicked off a new era following its exit from bankruptcy protection, with CEO Henderson promising to transform the auto maker.
Sat, 11 Jul 2009 15:42:06 EDT Toyota Mulls Closing Calif. Plant Toyota said it is considering closing a vehicle-assembly plant in California that it jointly operates with GM, after the U.S. automaker decided to pull out.
Sat, 11 Jul 2009 10:39:22 EDT Madoff Tab For Trustee: $15.5 Million The law firm charged with liquidating Madoff's defunct firm and marshaling assets for victims of his fraud asked a bankruptcy judge to approve nearly $15.5 million in fees for its work in the case.
Sat, 11 Jul 2009 10:37:09 EDT News Corp. Denies Allegations News Corp. issued a detailed rebuttal of allegations that reporters at two of its U.K. tabloids used illegal methods to collect information on sports stars, celebrities and other public figures.
Sat, 11 Jul 2009 10:37:09 EDT Continental Cleared for Air Pact The DOT approved Continental Airlines to enter an agreement with nine other airlines for international routes, ignoring concerns from the Justice Department.
Sat, 11 Jul 2009 09:32:01 EDT Lufthansa Bid Faces Hurdles Lufthansa's chances of taking over Austrian Airlines are fading fast after the European Commission said it is unlikely to receive antitrust clearance before a deadline at the end of July.
Sat, 11 Jul 2009 06:06:47 EDT Ex-Refco Lawyer Convicted of Fraud A former lawyer for Refco was convicted on conspiracy and fraud charges in a scheme to help owners and executives at the defunct commodities broker steal over $2 billion.
Sat, 11 Jul 2009 06:05:02 EDT Jury Convicts Bourke in Bribery Case Frederic Bourke Jr., co-founder of Dooney & Bourke, was convicted of bribing Azerbaijan government officials, marking a big victory for the DOJ as it cracks down on overseas corruption.
Sat, 11 Jul 2009 06:05:02 EDT Kellwood Faces Debt Deadline Kellwood could seek bankruptcy protection after the apparel maker and bondholders failed to reach a deal.