By Nichola Groom LOS ANGELES | Mon May 20, 2013 12:59am EDT LOS ANGELES May 20 (Reuters) – In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a Read more »
Tag Archives: billion
DISH Selling Debt Ahead of Possible Sprint Deal
A month after shaking up the telecommunications industry by making a $25.5 billion bid to acquire Sprint Nextel, DISH Network has announced a $2.5 billion debt offering meant to help finance part of the proposed deal. Read more »
Dow Must Pay $1.2 Billion in Year’s Biggest Damages Award
2012 was the year of billion-dollar wins in patent cases, but the largest award so far this year has come in an antitrust case against Dow Chemical. On Wednesday, a judge trebled a $400 million jury verdict in a class Read more »
Ally, ResCap creditors race to finalize settlement
Tue May 14, 2013 9:20am EDT May 14 (Reuters) – Ally Financial Inc must sign a deal to resolve claims that it owes billions of dollars to creditors of its Residential Capital LLC unit by 11 a.m. EDT Tuesday (1500 Read more »
UPDATE 1-Ally reaches deal with ResCap creditors
Tue May 14, 2013 12:32pm EDT * Deal allows Ally to shed links to mortgage lending * Settlement details likely next week * Examiner’s report remains sealed until May 23 By Nick Brown and Tom Hals May 14 (Reuters) – Read more »
ResCap examiners’ report filed under seal
Mon May 13, 2013 3:34pm EDT May 13 (Reuters) – A report by a court-appointed independent examiner into dealings between Residential Capital LLC and the bankrupt lender’s parent, Ally Financial Inc, has been filed under seal, a lawyer for the Read more »
UPDATE 1-Detroit emergency manager: city "clearly insolvent"
Mon May 13, 2013 10:22am EDT By Nick Carey and Steve Neavling May 13 (Reuters) – Michigan’s biggest city is “clearly insolvent” and needs many fixes including to its pension system and labor agreements to addresses its problems, according to Read more »
RPT-UPDATE 1-Detroit emergency manager: city "clearly insolvent"
Mon May 13, 2013 10:41am EDT By Nick Carey and Steve Neavling May 13 (Reuters) – Michigan’s biggest city is “clearly insolvent” and needs many fixes including to its pension system and labor agreements to address its problems, according to Read more »
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