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  • SAN FRANCISCO, May 22- Hewlett-Packard Co plans to cut as many as 16,000 more jobs in a major ramp-up of CEO Meg Whitman's years-long effort to turn around the personal computer maker and relieve pressure on its profit margins. It recorded sales of $27.3 billion in its fiscal second quarter, ended April 30, just shy of the $27.41 billion Wall Street had expected.

  • WILMINGTON, Del, May 22- The Chapter 11 bankruptcy of Texas's largest power company, Energy Future Holdings, will remain with a U.S. Bankruptcy Court in Wilmington, Delaware, the judge handling the case ruled on Thursday. Energy Future filed one of the largest nonfinancial bankruptcies ever in April in Delaware, where the company's subsidiaries are incorporated.

  • *Mizkan Group looks to counter slowing domestic growth. LONDON, May 22- Mizkan Group has agreed to buy Unilever's Ragu and Bertolli pasta sauce brands for $2.15 billion, continuing a trend for Japanese consumer goods companies diversifying through Western assets.

  • JOHANNESBURG, May 22- The National Union of Mineworkers said South Africa's labour movement will be the ultimate loser from a rival union's 17- week platinum strike, which could lead to layoffs and new restrictive government rules.

  • *Mizkan Group looks to counter slowing domestic growth. LONDON, May 22- Mizkan Group has agreed to buy Unilever's Ragu and Bertolli pasta sauce brands for $2.15 billion, continuing a trend for Japanese consumer goods companies diversifying through Western assets.

  • 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.