Skip to main content

November 102005

Submitted by webadmin on

Headlines Direct
src='/AM/Images/headlines/headline.gif' />

November 10, 2005

Legislation


id='1'>

href='
http://www.bloomberg.com/apps/news?pid=10000103&sid=aAO5K2Rs_n8U&refer=…'>Accounting

Board Staff Urges Pension Report Changes


id='2'>

href='
http://nationaljournal.com/pubs/congressdaily/'>Panel
Passes Pension Bill Amid Democratic Complaints—Fee-based
service

The House Ways and
Means Committee adopted legislation yesterday overhauling the nation's
pension
laws, but Democrats complained that the panel was ceding too much
control over
the bill to the House Education and the Workforce Committee,
CongressDaily
reported yesterday. The legislation—with a $70.6 billion
price tag
over 10 years—closely tracks the bill the Education and the
Workforce
Committee adopted in June, which would tighten the rules governing how
companies
fund their pension plans. The Ways and Means version of the bill also
included
some provisions aimed at boosting workers' retirement
savings. 


id='3'>

href='
http://today.reuters.com/news/newsArticleSearch.aspx?storyID=211396%2B0…'>U.S.

Senate Asbestos Hearing Postponed

Airlines


id='4'>

href='
http://today.reuters.com/news/newsArticle.aspx?type=businessNews&storyI…'>US

Airways Group Q3 Loss Widens


id='5'>

href='
http://money.cnn.com/2005/11/10/news/fortune500/delta.reut/index.htm'>Pilots

Fly $90.7M Offer Past Delta


id='6'>

href='
http://www.courierpress.com/ecp/gleaner_business/article/0,1626,ECP_448…'>Comair's

First-round Cuts Could Hit 315

Comair says that
315 pilots
and flight attendants could be laid off in the first wave of cuts as
the regional
airline tries to restructure under bankruptcy, the Associated Press
reported
today. Most of the pilots and flight attendants are based at the
Cincinnati-Northern
Kentucky International Airport. In a notice required by Kentucky state
law,
Comair said on Monday that the layoffs would take place on Jan. 2 and
could
include up to 150 pilots and 165 flight attendants. Comair's corporate
parent,
Delta Air Lines, also has begun warning workers of potential layoffs
from its
local operation as it too restructures under bankruptcy. The job cuts
are part
of Delta's efforts to shrink its hub in Cincinnati, including a 26
percent cut
in the flight schedule on Dec. 2. Comair could drop another 650 jobs
as it tries
to cut $70 million from its annual costs.


id='7'>

href='
http://biz.yahoo.com/prnews/051109/law132.html?.v=6'>Hawaiian
Holdings Reports Third Quarter 2005 Financial Results


id='8'>

href='
http://today.reuters.com/news/newsArticleSearch.aspx?storyID=169285%2B0…'>U.S.

Airline Bankruptcy Rankings

Asbestos


id='9'>

href='
http://www.hillnews.com/thehill/export/TheHill/News/Frontpage/111005/as…'>Judiciary

Panel to Revisit Asbestos

Automotive


id='10'>


href='
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/…'>Delphi

Reports Third Quarter Financial Results


id='11'>

href='
http://www.wkyt.com/Global/story.asp?S=4093547&nav=4CAL'>INTERMET

Emerges from Chapter 11


href='
http://www.wkyt.com/Global/story.asp?S=4093547&nav=4CAL'>
name='12' id='12'>

href='
http://www.washingtonpost.com/wp-dyn/content/article/2005/11/09/AR20051…'>GM

to Restate Earnings as SEC Investigates


id='13'>

href='
http://www.freep.com/news/statewire/sw123934_20051109.htm'>Fitch
Cuts GM's Rating


id='14'>

href='
http://www.usatoday.com/money/autos/2005-11-09-gm-restatement_x.htm'>GM

Shift in Earnings

Business


id='15'>

href='
http://business.timesonline.co.uk/article/0,,9063-1866051,00.html'>Bank

Faces Demand for Files on Refco


id='16'>

href='
http://dayton.bizjournals.com/industries/retailing_restaurants/retailin…'>Catalina

Loses Stores, Earnings Slip


id='17'>

href='
http://www.mlive.com/search/index.ssf?/base/news-26/113155124095170.xml…'>Amphitheater

Developer in Bankruptcy Court


id='18'>

href='
http://today.reuters.com/investing/financeArticle.aspx?type=governmentF…'>Bankruptcy

Possible for Refco LLC


id='19'>

href='
http://www.southbendtribune.com/stories/2005/11/09/local.20051109-sbt-L…'>South

Bend Settles Environmental Case


id='20'>

href='
http://www.wkyt.com/Global/story.asp?S=4093547&nav=4CAL'>Kentucky
College Declares Bankruptcy


href='
http://www.wkyt.com/Global/story.asp?S=4093547&nav=4CAL'>
name='21' id='21'>

href='
http://today.reuters.com/news/newsArticleSearch.aspx?storyID=106735%2B1…'>BofA

Sees $400-500 M Q4 Bankruptcy Chargeoff

Commentary


id='22'>

href='
http://159.54.227.3/apps/pbcs.dll/article?AID=/20051109/BUSINESS/511090…'>BAPCPA

Aims at Abuse of Debt Program

Consumer


id='23'>

href='
http://www.southbendtribune.com/stories/2005/11/09/business.20051109-sb…'>Consumer

Spending May Drop


id='24'>

href='
http://www.southernillinoisan.com/articles/2005/11/09/top/10001262.txt'>Racecar

Driver Files Bankruptcy


id='25'>

href='
http://www.abc27.com/news/stories/1105/276177.html'>Judge
Who Resigned Due to Drunkeness Allegations Files Bankruptcy

Diocese


id='26'>
Irish
Catholic Leaders to Face New Abuse Probe

Economy


id='27'>

href='
http://money.cnn.com/2005/11/09/markets/markets_newyork/index.htm'>Stocks

Wobble Due to Falling Treasury Yields

International


id='28'>

href='
http://www.bytestart.co.uk/content/news/1_12/personal-insolvency-rates…'>U.K.

Consumer Insolvency Rates Soar


id='29'>

href='
http://business.timesonline.co.uk/article/0,,9063-1863766,00.html'>FSA

Warns It Cannot Police Consumer Credit


id='30'>

href='
http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/20051110…'>Judge

Nudges Portus Closer to Bankruptcy


id='31'>

href='
http://sg.biz.yahoo.com/051110/15/3wcxv.html'>Australia's
James Hardie Still Debating Asbestos