LOS ANGELES/ SAN FRANCISCO, March 6- Walt Disney overhauled its struggling interactive division in a sweeping reorganization that will reduce the number of video games it develops and alter its advertising strategy to focus more on the fast-changing mobile market.» Read More
*Glencore has deal to keep buying crude for 20 years. SOCHI/ LONDON, Russia, Sept 27- Commodities trader and mining giant Glencore Xstrata could become a shareholder in Russian oil firm Russneft as part of a debt restructuring, Russneft's owner said on Friday.
MILAN, Sept 20- Monte dei Paschi di Siena, Italy's third biggest lender, will approve a restructuring plan on Tuesday that could force its nationalisation unless it can find private investors willing to bet on a bank hit by scandal and bad debts.
DETROIT, Sept 19- Detroit residents, city retirees and even two city council members stood Thursday where dozens of bankruptcy lawyers have gone before them: before Bankruptcy Judge Steven Rhodes, arguing why their city does not belong in bankruptcy court.
NEW YORK, Sept 12- AMR Corp's bid to emerge from bankruptcy won approval from a U.S. bankruptcy judge on Thursday, but implementation still requires resolution of U.S. government moves to block its proposed merger with US Airways Group Inc..
NEW YORK, Sept 12- A U.S. bankruptcy judge on Thursday approved AMR Corp's plan to exit bankruptcy, subject to resolution of a U.S. government lawsuit to block a proposed merger with US Airways Group Inc.. Judge Sean Lane approved the plan at a hearing in the U.S. Bankruptcy Court in New York.
BUENOS AIRES, Sept 11- Argentina's Congress approved a debt swap on Wednesday offering an unlimited time window for the remaining 7 percent of investors to restructure bonds left over from the country's 2002 default.
Li also said in a speech to government leaders and company executives at the World Economic Forum in the northeastern port city of Dalian that China will keep its monetary policy stable even if capital markets show volatility. "China is at a critical stage of restructuring and updating its economy.
Microsoft is an unwieldy business and should be broken up, CNBC's Jim Cramer said Friday, and it needs a savior to drive a corporate "miracle" to get the company back on track.
If you have followed the J.C. Penney's media soap opera, you know the "Bill Ackman TV trade" is a losing one, said retail analyst Stacey Widlitz.
Microsoft's CEO Steve Ballmer is creating "cross-functional strike teams" to work across the individual engineering divisions to spearhead new ideas, explains CNBC's Jon Fortt.
CEO Steve Ballmer announced a "far-reaching realignment of the company," reports CNBC's Jon Fortt.
CNBC's Jon Fortt has the latest details on Microsoft's restructuring plans. And Jeffrey Sonnenfeld, Yale School of Management, and Dennis Berman, WSJ Marketplace, weigh in on what the changes mean for the stock and CEO Steve Ballmer.
John Sculley, former Apple CEO, discusses the widely expected launch of Microsoft's restructuring plan and its impact on the company's future.
CNBC's Jon Fortt and Harry McCracken, Time m expect when the tech giant announces major restructuring plan for the company today, including a possible reshuffling of senior executives.
CNBC's David Faber reports Hess plans to sell its retail, refining, and processing businesses.
A key Indonesian investor has sold his 10 percent holding in Bumi only days before a key vote on the miner's future, threatening Nat Rothschild's hopes of victory in the battle to win control of the company.
Andrew Witty, CEO of GlaxoSmithKline, discusses his company's 2012 earnings and explains why he is optimistic about the company's restructuring plans in Europe.
Knight Capital Group, which recently agreed to be bought for $1.4 billion by Getco Holding Co, will lay off 5 percent of its global workforce as part of efforts to restructure the automated trading firm, according to a regulatory filing released on Monday.
Monte dei Paschi di Siena said on Sunday it was seeking a financial investor as the political storm over a derivatives scandal at the ailing bank intensified ahead of next month's Italian election.
Matthew Patsky,Trillium Asset Management CEO, weighs in on Citi's big earnings miss, and why the bank needs to restructure to realize "greater value for the shareholder."