Dan Akerson takes the helm at GM
Once upon a time another Naval Academy graduate, Ross Perot, tried to right troubled General Motors Corp. as an activist director. Now it's the turn of Dan Akerson, class of 1970 and a telecoms executive-turned-private equity specialist.
Read more...
Dauphin County, Harrisburg continue battle over incinerator debt
Dauphin County commissioners upped the ante in the increasingly acrimonious battle over the Harrisburg incinerator debt Wednesday by authorizing a lawsuit that could force the financially-strapped city to cough up cash for an impending bond payment.
Read more...
Del Monte Foods Company Reports Fiscal 2011 First Quarter Results
SAN FRANCISCO----Del Monte Foods Company :
Read more...
Japan Air Creditors Back $10 Billion Turnaround Plan
Japan Airlines Corp., Asia’s most indebted carrier, agreed on an 872 billion yen ($10 billion) turnaround that waives 88 percent of unsecured liabilities, cuts jobs and grounds planes in a bid to exit bankruptcy.
Read more...
David Miller Properties Up for Foreclosure Sale
An automatic stay has been lifted in the bankruptcy case of developer David Miller, allowing BancorpSouth Bank to sell three lots in a foreclosure sal...
Read more...
|