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Newsroom Headlines

May 242007

  May 24, 2007 Fed Plans to Revise Credit Card Rules Credit card companies would have to disclose interest rates and fees in clearer, easier-to-understand language under new consumer-protection rules

May 232007

  May 23, 2007 Autos UAW Slams Dura's Executive Bonus Plan The United Auto Workers union said yesterday that top executives of Dura Automotive Systems Inc. stand to collect millions in bankruptcy

May 222007

  May 22, 2007 Delaware Court Rules Against Claims Directed at Company Executives The Delaware Supreme Court on Friday ruled that creditors of insolvent companies or companies in the “zone of

May 182007

  May 18, 2007 Autos Survey: Auto Suppliers Face Cash Crisis Worsening troubles in the auto supply industry could derail the supply chain and even halt vehicle production, suggests the latest study to

May 172007

  May 17, 2007 Private-Equity Buyouts Draw Attention of Congress Private-equity deals such as the $7.4 billion acquisition of DaimlerChrysler AG's Chrysler Group by Cerberus Capital Management L.P

May 162007

  May 16, 2007 Foreclosures Fuel Alabama 's Rising Bankruptcy Rate The number of personal bankruptcies in Alabama last year fell to the lowest level in two decades, but some lawyers say escalating

May 152007

  May 15, 2007 Consumer Bankruptcy Filings Fall 15 Percent in April U.S. consumer bankruptcy filings fell 15 percent nationwide in April from the previous month, according to the American Bankruptcy

May 142007

  May 14, 2007 Chrysler Group to Be Sold for $7.4 Billion DaimlerChrysler confirmed today that it will sell a controlling interest in its struggling Chrysler Group to Cerberus Capital Management of

May 112007

  May 11, 2007 Bankruptcy Judge Lets Catholic Churches Continue Construction The judge overseeing the bankruptcy of the Catholic Diocese in San Diego on Thursday authorized 10 parishes, including two

May 102007

  May 10, 2007 House Backs New Reins on Student Lenders The House voted overwhelmingly yesterday to bar student loan companies from offering perks and financial incentives to universities to drum up