Newsroom Headlines

January 10, 2006 McLeodUSA Exits Chapter 11 Bankruptcy Telecom company McLeodUSA Inc., which sought bankruptcy protection last year amid falling revenue and stiff competition from larger players, has

January 9, 2006 Bush Wants Congress to Pass Asbestos Bill U.S. President George Bush called on Friday for Congress to curb asbestos lawsuits this year, saying the United States needed to reform its

  January 8, 2007 Autos Delphi  to Refinance with $4.5 Billion Loan Bankrupt auto parts maker Delphi Inc. received approval to borrow $4.5 billion to finance its exit from chapter 11 bankruptcy

January 6, 2006 Delphi Given More Time to File Bankruptcy Plan A federal bankruptcy judge yesterday granted auto parts maker Delphi Corp. six additional months, or until Aug. 5, to file a

January 5, 2006 From Bankruptcy To Lottery Riches The man who claimed the largest lottery prize ever won in Iowa said Tuesday that he plans to keep working, but said he’ll throw away his alarm clock

January 4, 2006 Greenspan Keeps Investors Guessing on Next Rate Moves Alan Greenspan is giving investors a new puzzle in his final month on the job: whether the Fed is almost done with interest rate

January 3, 2006 U.S. Supreme Court to Decide if 'Mootness Rule' Allows Sales of Homes by Bankruptcy Trustees On Jan. 6, 2006, the U.S. Supreme Court will likely begin consideration of a petition for

December 30, 2005 Congress May Take until March to Raise U.S. Borrowing Limit The U.S. Congress may not act on President George W. Bush’s request for more borrowing authority until early March, which

December 29, 2005 Former Top Enron Accountant Pleads Guilty Enron Corp.’s ex-chief accounting officer Richard Causey, a 45-year-old unemployed accountant, ended his legal fight with the government

December 28, 2005 Regulators Question Transfers of Assets at Refco Securities U.S. regulators threatened to begin liquidation proceedings for a regulated unit of Refco Inc. that isn't under bankruptcy