Showing 641 - 650 of 733
Stern ends historic 30-year run as NBA commissioner
AFP, Published on 31/01/2014
» David Stern steps down on Saturday after 30 years as commissioner of the NBA, a reign that saw him transform the league from a downtrodden afterthought into a global sporting powerhouse.
Anadarko tumbles on multi-billion dollar ruling
AFP, Published on 14/12/2013
» Shares of Anadarko Petroleum plummeted Friday after a judge ruled that the oil company owes litigants billions due to a fraudulent reorganization designed to avoid environmental liability.
Tribune Co to cut 700 newspaper jobs
AFP, Published on 21/11/2013
» US media giant Tribune Co said Wednesday it would slash 700 jobs at its newspapers including the Los Angeles Times and Chicago Tribune, to cope with the industry's slump.
Compensation boost for Madoff victims
AFP, Published on 19/11/2013
» Thousands of investors in Bernie Madoff's multi-billion-dollar fraud could be eligible for compensation for the first time, US prosecutors in New York announced on Monday.
American, US Airways to drop airport slots for merger
AFP, Published on 13/11/2013
» American Airlines and US Airways on Tuesday agreed to give up valuable airport slots to low-cost airlines in a deal with US officials to proceed with their mega-merger.
Batista's OSX says it filed for bankruptcy protection
AFP, Published on 12/11/2013
» Debt-hit shipbuilding company OSX said Monday it had filed for bankruptcy protection in Rio de Janeiro, the second unit in Brazilian tycoon Eike Batista's crumbling empire to do so.
Amnesty anxiety sinks set
Business, Published on 04/11/2013
» Recap: Global stock markets declined late last week as speculation that the Federal Reserve will start reducing its stimulus in the coming months eclipsed improving Chinese manufacturing data. Escalating political tensions also exacerbated weak sentiment on the Thai bourse.
JAS could face massive debt repayment in excess of B8bn
Business, Komsan Tortermvasana, Published on 01/11/2013
» Jasmine International Plc (JAS) may need to pay back more than 8 billion baht plus interest after the Supreme Court overturned its business rehabilitation plan, say stock analysts.
Brazilian oil giant OGX files for bankruptcy
AFP, Published on 31/10/2013
» Brazilian tycoon Eike Batista's OGX oil firm on Wednesday filed for bankruptcy protection in Rio to avert default after debt-restructuring talks with creditors failed.
Detroit museum could fall victim to city bankruptcy
AFP, Published on 20/10/2013
» There are few places where the former majesty of the US auto industry is more keenly captured than among the Diego Rivera murals at the Detroit Institute of Arts.