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Justice Department opposes AMR's $20 million severance for CEO Horton
Reuters(Reuters) - A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from the U.S. Department of Justice over nearly $20 million in severance pay earmarked for outgoing boss Tom Horton. In court papers...Tags: AMR Corp., U.S. Airways, Bankruptcy, Corporate Officers, Trials
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U.S. Justice Dept opposes AMR's $20 mln severance for CEO Horton
Reuters* Says severance payment violates bankruptcy law * Horton's proposed severance has been controversial By Nick Brown May 24 (Reuters) - A plan by American Airlines' parent to exit bankruptcy and merge with US Airways Group is coming under fire from...Tags: AMR Corp., U.S. Airways, Bankruptcy, Corporate Officers, Trials
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Stimulus fears haunt share markets, dollar recovers
ReutersNEW YORK (Reuters) - Global equity markets slipped on Friday over worries the U.S. Federal Reserve may curb a stimulus program that has lifted stocks, while the dollar recovered against the euro after better-than-expected U.S. durable goods data for...Tags: Labor Legislation, priceline.com Inc., Conservation, Explosions, Apple iPad
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Deals of the day -- mergers and acquisitions
Reuters(Adds Dell Inc, Orkla, Marathon Oil, Elan, prada, Telecom Italia and others) May 23 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday: ** Activist investor Carl Icahn and Southeastern Asset...Tags: Real Estate Buyers, Fiat S.p.A., Lonmin Plc, Economy, Business and Finance, Elan Corporation Plc
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Credit Suisse names new Chicago co-head after banker departure
ReutersNEW YORK, May 23 (Reuters) - Credit Suisse Group has named Jeff Douthit as new co-head of its investment banking department in Chicago, according to an internal memo to staff that was reviewed by Reuters. Douthit, global head of business and consumer...Tags: McGraw-Hill Incorporated, Credit Suisse Group, Banking, Midway Airport
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Manchester Agency Drops Broad Street Parcel From List Of Possible Acquisitions
The Hartford CourantAfter backlash, redevelopment agency members voted Thursday to resolve misperceptions that they want to oust a small business owner from a Broad Street property, the agency chairman said. "We don't want to go after a little guy," Chairman Tim Devanney...Tags: Automotive Equipment, Manufacturing and Engineering, Small Businesses, Board of Directors
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Salesforce.com's quarterly results disappoint Wall Street
Reuters(Reuters) - Salesforce.com Inc's quarterly earnings and outlook disappointed investors as costs rise following a spree of acquisitions, sending its shares lower. Under Marc Benioff, Salesforce's CEO and founder, the company's fast revenue growth has made...Tags: Earnings, S&P 500, Companies and Corporations, Oracle Corp., Media Industry
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DEALTALK-Hospital firms say research tie-ups can clinch takeovers
Reuters* Health care legislation causing more joint ventures * Partnerships are helping with acquisition strategy * More premier research centers willing to partner By Jessica Toonkel NEW YORK, May 23 (Reuters) - Hospital companies that tie up with top...Tags: Community Health Systems Incorporated, Joint Ventures, Barack Obama, LifePoint Hospitals Inc., Corporate Officers
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US high-yield comes under selling pressure
ReutersBy Rachelle Kakouris May 23 (IFR) - Despite being the only performer in the credit markets on Wednesday, the high-yield sector succumbed to selling pressure this morning amid investor concerns that the US Federal Reserve will begin to taper its...Tags: S&P 500, Economy, Business and Finance, Elan Corporation Plc, Federal Reserve, Bonds
May 24, 2011
|Story| Chicago Breaking Business
May 27, 2011
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May 24, 2013
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May 23, 2013
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May 24, 2013
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May 23, 2013
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