WILMINGTON, Dec 10- Fisker Automotive Holdings Inc might not be making its plug-in Karma sports cars anymore, but it still knows speed.» Read More
CHATTANOOGA, Tenn.-- German automaker has begun construction at its Chattanooga, Tenn. plant for an extension of its assembly parts shop warehouse. Volkswagen says the expansion is entirely aimed at production of the Passat sedan, which the plant produces for markets in the United States, Canada, Mexico, South Korea and Middle Eastern countries.
*Rallies at about 30 sites across Germany. MANCHING, Germany, Nov 28- More than 20,000 workers from European aerospace group EADS took to the streets in Germany on Thursday to protest against restructuring plans they fear could cost thousands of jobs. EADS has about 140,000 employees around the world, of which about 50,000 are in Germany.
BAGHDAD, Nov 28- PetroChina has bought a 25 percent stake in the West Qurna-1 oilfield project from Exxon Mobil, strengthening China's hold on Iraq's energy resources. China is already the top foreign player in Iraq's oilfields, which are the largest in the Middle East open to foreign investment.
Nov 27- Solid-state hard drive maker OCZ Technology Group Inc said it had received an offer from Toshiba Corp to buy the company in a planned bankruptcy proceeding. OCZ, which has a market capitalization of $43 million, said it had "substantially completed" negotiations with Toshiba on an asset purchase agreement.
Nov 27- Solid-state hard drive maker OCZ Technology Group Inc said it would file for bankruptcy and that it had received an offer from Toshiba Corp to buy its assets in a bankruptcy proceeding. OCZ said on Wednesday it has "substantially completed" negotiations with Toshiba on an asset purchase agreement.
NEW YORK, Nov 27- A judge on Wednesday approved a settlement resolving U.S. regulators' opposition to a merger between AMR Corp and US Airways Group Inc, allowing AMR, the bankrupt parent of American Airlines, to soon close on a tie-up that will create the world's largest carrier.
BILLINGS, Mont.-- The trustee overseeing a bankrupt Montana power cooperative was removed by a federal judge Tuesday in an unexpected move that could lead to the breakup of the troubled co-op and the sale of assets including a power plant near Great Falls.
DETROIT-- Some of Detroit's largest creditors are asking a judge to let them have a role in assessing the city's valuable art collection. In a court filing Tuesday, the creditors in Detroit's bankruptcy say they're in the dark when it comes to art at the Detroit Institute of Arts.
NEW YORK/ LONDON, Nov 27- JPMorgan Chase& Co decided in May to divest its Henry Bath metal warehousing company after a three-year struggle to conform the business to banking regulations, according to letters received by Reuters through a Freedom of Information Act request.
Nov 26- The U.S. Supreme Court will hear a dispute in the bankruptcy of a small-town pizza shop owner, taking on a case that could dictate how inherited individual retirement accounts are treated in bankruptcy.
WASHINGTON, Nov 25- The United States Defense Department has approved a deal under which the U.S. unit of Britain's BAE Systems Plc would upgrade 134 older F-16 fighter jets for South Korea, the Defense Security Cooperation Agency notified Congress on Monday.
Nov 25- The judge overseeing Detroit's historic bankruptcy petition set Dec. 3 as the date for issuing his decision on whether the cash-strapped city may formally enter municipal bankruptcy, according to a court filing posted Monday. Judge Stephen Rhodes will hand down his ruling in federal bankruptcy court in Detroit at 9 a.m. that day.
NEW YORK, Nov 25- The parent company of American Airlines on Monday asked a bankruptcy court to approve a settlement with U.S. regulators that would allow it to merge with rival US Airways Group and create the world's largest airline.
WILMINGTON, Del., Nov 25- The bankruptcy of Fisker Automotive could end up costing the U.S. government much more than the $168 million it loaned to the maker of the Karma plug-in hybrid sports car.
*Financial markets and depositors calm after Master Bank failure. MOSCOW, Nov 24- The problems exposed in Russia's banking system by last week's collapse of mid-sized lender Master Bank are deep-rooted, but in contrast with banking failures of the past there was no evidence this time of other banks' customers taking fright.
DETROIT, Nov 22- Fisker Automotive, the moribund maker of the Karma plug-in hybrid sports cars that was backed with a loan by the U.S. government, filed for Chapter 11 bankruptcy protection on Friday after lengthy efforts by investors to salvage the company.
DETROIT, Nov 22- Fisker Automotive, the moribund maker of the Karma plug-in hybrid sports cars, agreed to sell itself to an investor group on Friday and filed for Chapter 11 bankruptcy protection.
RIO DE JANEIRO, Nov 21- A Brazilian judge on Thursday accepted a request for bankruptcy protection from former billionaire Eike Batista's oil company, OGX, but denied the same protection for two small foreign subsidiaries in a potential setback for the company.
RIO DE JANEIRO, Nov 21 (Reuters)- A Brazilian judge on Thursday denied bankruptcy protection for the foreign subsidiaries of OGX in a decision that may complicate the recovery of the oil company, which is controlled by former billionaire Eike Batista.
BIRMINGHAM, Ala., Nov 21- A U.S. judge on Thursday approved a landmark settlement between Alabama's bankrupt Jefferson County and creditors that locks in more than $1 billon of losses for Wall Street and clears a path to end the second-biggest U.S. municipal bankruptcy case.