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  • Sony gets real on restructuring, pockets of denial persist Wednesday, 21 May 2014 | 11:01 AM ET

    TOKYO, May 22- Sony Corp may finally be serious about restructuring, setting aside up to $1 billion this fiscal year to cut staff, but the hard-nosed figures in its latest results still include noticeably rosy forecasts. Sony missed the forecasts it set for its TV and smartphone divisions last year as it struggled to compete with more nimble rivals.

  • May 20- Detroit's plan to deal with $18 billion of debt so it can exit municipal bankruptcy faces a crucial test on Wednesday, when a panel of Michigan state lawmakers votes on legislation, opposed by some conservatives, to provide state funding for the city.

  • May 20- British insurer RSA Insurance Group Plc said on Monday it had reached agreement to sell its majority-owned Canadian brokerage business- Noraxis Capital Corp- to U.S. insurance brokerage Arthur J. Gallagher& Co for C $500 million.

  • SEOUL, May 19- South Korean steelmaker POSCO said on Monday it may consider selling a stake in its profitable trading and resources arm Daewoo International Corp as part of a restructuring plan aimed at shoring up its finances.

  • KUALA LUMPUR, May 19- Shares in Malaysian Airline System Bhd logged a second day of sharp declines to hit a record low on Monday, after the carrier posted big quarterly losses due to the disappearance of flight MH370 and the prime minister was quoted as not ruling out bankruptcy as an option for the carrier.

  • *Air Berlin examining business model. FRANKFURT, May 15- Air Berlin said it is looking at all options, including its business model, as it prepares to launch a fundamental restructuring aimed at restoring the loss-making airline to profitability.

  • Should Warren Buffett buy Kellogg? Tuesday, 13 May 2014 | 4:46 PM ET

    Kellogg shares are up roughly 10 percent this year amid speculation Buffett might acquire the company, but not everyone is sure it's a good idea.

  • DETROIT, May 13- Detroit's three automakers are mulling a request by the city's art museum to help it raise money for a key component of Detroit's plan to restructure its debt and exit bankruptcy, representatives of the companies said on Tuesday.

  • Automakers mull aid to art museum in Detroit bankruptcy Tuesday, 13 May 2014 | 11:00 AM ET

    DETROIT, May 13- Detroit's three automakers are mulling a request by the city's art museum to help it raise money for a key component of Detroit's plan to restructure its debt and exit bankruptcy, representatives of the companies said on Tuesday.

  • Weak DirecTV makes little sense for AT&T: Analyst Tuesday, 13 May 2014 | 6:16 AM ET
    A DirecTV technician puts on a helmet before installing new satellite TV service at an apartment building in Lynwood, Calif., May 5, 2014.

    AT&T is in active talks to buy satellite-TV provider DirecTV and may complete a deal in the next few weeks, according to media reports.

  • LONDON, May 13- The London Stock Exchange Group is in talks with the parent company of Russell Investments about a possible acquisition of the asset management and stock index firm.

  • *Lonmin prepares for return to work on May 14. *Union NUM says two workers killed at Lonmin mine. LONDON, May 12- Platinum miner Lonmin said on Monday restructuring and job cuts were inevitable as it posted a steep fall in six-month earnings, suffering from South Africa's longest and most costly labour stoppage.

  • Pfizer/AstraZeneca: The numbers you need to watch Friday, 9 May 2014 | 4:47 AM ET
    Pfizer

    Pfizer has been rebuffed more often than a particularly unlucky suitor in a romance novel by coy AstraZeneca.

  • NEW YORK May 8- A U.S. bankruptcy judge ordered LightSquared and its chief creditor, satellite owner Charles Ergen, to discuss a settlement after she refused to approve the wireless provider's plan to exit its two-year bankruptcy.

  • May 8- Freeport-McMoRan Copper& Gold Inc said on Thursday it would buy Apache Corp's deepwater oil and gas projects in the Gulf of Mexico for $1.4 billion, a day after saying it would shed $3.1 billion in Eagle Ford shale assets in Texas.

  • NEW BRUNSWICK, N.J., May 8- Barnes& Noble Inc is turning to its college roots to boost its top line.

  • DirecTV talking to advisers on possible AT&T merger Wednesday, 7 May 2014 | 5:12 PM ET

    DirecTV is working with advisers including Goldman Sachs to weigh a possible merger with AT&T, according to Dow Jones, which cited sources.

  • May 7- AOL Inc on Wednesday said its quarterly profit declined, with its stock price falling 22 percent as it missed earnings expectations due to the cost of restructuring its digital and media entertainment businesses.

  • Fear of economic blow as births drop around world Wednesday, 7 May 2014 | 4:26 PM ET

    Six years after the financial crisis, birth rates haven't bounced back. For the economy, that's bad news.

  • Desert ceremony celebrates Turkmenistan-China gas axis Wednesday, 7 May 2014 | 7:47 AM ET

    *Bagtyarlyk field to boost Turkmen gas exports to China. BAGTYARLYK FIELD, Turkmenistan, May 7- China cemented its position as the top importer of Turkmen gas, ahead of Russia, at a ceremony on Wednesday to open a new plant at a major field, attended by the Turkmen president seated on a lavishly gilt throne.