Dec 19- Caesars Entertainment Operating Co, the main operating unit of Caesars Entertainment Corp, said it would file for Chapter 11 bankruptcy protection by mid-next month to cut its burgeoning debt. Other units, including Caesars Entertainment, Caesars Entertainment Resort Properties and Caesars Growth Partners, will not be part of the court-supervised...» Read More
DirecTV is working with advisers including Goldman Sachs to weigh a possible merger with AT&T, according to Dow Jones, which cited sources.
Six years after the financial crisis, birth rates haven't bounced back. For the economy, that's bad news.
New York bankruptcy Judge Robert Gerber oversaw GM's bankruptcy. Now the same judge must decide whether to lift the shield he put in place.
Energy Future filed for bankruptcy protection, seven years after its record leveraged buyout stacked it with debt just as prices for its electricity plunged.
GE chief executive, Jeff Immelt, met French officials Monday to discuss the U.S. company's bid for Alstom amid news of a rival bid from Siemens of Germany.
Mark Karpeles, the CEO of Mt. Gox, said he would not come to the US to answer questions about the Japanese bitcoin exchange's U.S. bankruptcy case
GM will ask a bankruptcy court to bar plaintiffs from proceeding with lawsuits related to any actions before it filed for bankruptcy in 2009.
Cerberus struck a $9 billion-plus deal to buy grocery giant Safeway—a tie-up that should be a win for the consumer.
The huge price tag for Facebook's acquisition of messaging service WhatsApp is hard to justify, but there is clearly value in the app's 450 million users, Blackstone told CNBC.
Dealmaking has kicked off again, with the level of mergers and acquisitions activity in 2014 almost at the pre-financial crisis levels of 2007.
Comcast Chairman and CEO Brian Roberts said he's confident the deal to acquire Time Warner Cable will be approved.
Optim Energy, an electric company owned by a Bill Gates investment fund, filed for Chapter 11 bankruptcy after piling up losses in a depressed power market.
Time Inc is reorganizing itself and consolidating oversight as it prepares to spin off from its corporate parent Time Warner, according to a memo to staff.
FCC's chairman his skepticism about a potential merger between Sprint Corp and T-Mobile US Inc in a meeting with Sprint.
Texas Instruments plans to cut 1,100 jobs worldwide as part of a corporate restructuring intended to help it save $130 million by the end of 2014.
Oracle announced that it has entered into an agreement to acquire Responsys for $27 a share, or approximately $1.5 billion.
Loehmann's, the 92-year-old discount clothing chain, has filed for bankruptcy protection for a third time and said it is prepared to sell its assets to a group of liquidators.
The Asia-Pacific region has overtaken Europe when it comes to mergers and acquisition, taking second place this year to North America.
Eminence Capital has taken a 9.8 percent stake in the clothier and will argue to solicit more bids, CNBC's David Faber reported.
Fairfax Financial is struggling to raise financing several large lenders turned down its requests, Reuters reported Friday.