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{ Monthly Archives } May 2009

Shelby assails large gov’t role in General Motors

WASHINGTON – (AP) Sen.

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R.H. Donnelley to reorganize under Chapter 11

CARY, N.C. – (AP) Yellow pages publisher R.H.

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R.H. Donnelley to reorganize under Chapter 11

CARY, N.C. – (AP) Yellow pages publisher R.H

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Visteon files for Chapter 11 bankruptcy protection

NEW YORK – (AP) Visteon Corp., the top auto parts supplier and former subsidiary of Ford Motor Co., has filed for Chapter 11 bankruptcy protection as it struggles with a drop in sales to ailing automakers.   Ford, which buys Visteon’s climate control, powertrain and

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Toys R Us acquires high-end retailer FAO Schwarz

NEW YORK – (AP) Geoffrey the Giraffe became a knight in shining armor for toy retailer FAO Schwarz, as Toys R Us Inc. said it acquired the troubled high-end retailer, which has struggled for years through bankruptcies amid tough competition from discount stores.   Analyst

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Toys R Us acquires high-end retailer FAO Schwarz

NEW YORK – (AP) Geoffrey the Giraffe became a knight in shining armor for toy retailer FAO Schwarz, as Toys R Us Inc. said it acquired the troubled high-end retailer, which has struggled for years through bankruptcies amid tough competition from discount stores.

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Chrysler faces more hearings to get Fiat deal OK’d

NEW YORK – (AP) It may take two more days of testimony for Chrysler to convince a bankruptcy judge that a deal with Italian automaker Fiat is the best way to save itself from liquidation.

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Chrysler faces more hearings to get Fiat deal OK’d

NEW YORK – (AP) It may take two more days of testimony for Chrysler to convince a bankruptcy judge that a deal with Italian automaker Fiat is the best way to save itself from liquidation.

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GM says bondholder panel supports sweetened offer

DETROIT – (AP) General Motors Corp. said Thursday a committee of bondholders has agreed to a sweetened deal proposed by the U.S. government to erase the automaker’s unsecured debt in exchange for company stock.

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GM says bondholder panel supports sweetened offer

DETROIT – (AP) General Motors Corp. said Thursday a committee of bondholders has agreed to a sweetened deal proposed by the U.S

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