Delphi bankruptcy plan may be in jeopardy: report
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The $6.1 billion plan to bring auto-parts supplier Delphi Corp  out of bankruptcy protection may be in jeopardy as bank lenders face trouble syndicating loans to other lenders, the Wall Street Journal said, citing people familiar with the matter.
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Delphi Corp. DPHIQ.PK on Friday said   a federal judge in New York had delayed until September 28 a   hearing on whether the bankrupt auto parts supplier can reject   its current labor contracts.
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General Motors Corp.  and  bankrupt auto parts maker Delphi Corp.  are near a  deal with the United Auto Workers union that would provide a  cash payout to Delphi workers in exchange for lower hourly  wages, the Detroit News reported on Thursday.
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General Motors Corp.  and bankrupt auto parts maker Delphi Corp.  are "very close" to a deal with the United Auto Workers union that would help the supplier emerge from bankruptcy, a source familiar with the situation said on Thursday.
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DETROIT - Delphi Corp. Spokesman Brad Jackson said the company is not sure how cutting 8,500 jobs is going to impact the Limestone County Delphi Steering Systems plant.
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Hedge fund Appaloosa Management may be  near an agreement that could give it up to a one-third stake in  bankrupt auto parts maker Delphi Corp.  when it  emerges from court protection, The Wall Street Journal reported  on Saturday.
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The airline's plan to emerge from bankruptcy may include canceling its pension plans.
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The troubled tech company releases an estimate of the damage it could sustain in the wake of the airline's bankruptcy filing.
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October 8, 2004 -- The longer-term solvency of the US agency that insures pensions is at risk, threatened by troubled airlines and other companies failing to fund their retirement plans, the agency&#39;s director said yesterday.
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General Motors Corp.  and bankrupt auto parts maker Delphi Corp.  are "very close" to a deal with the United Auto Workers union that would help the supplier emerge from bankruptcy, sources familiar with the situation said on Thursday.
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The United Auto Workers is expected to announce results of a member vote on Friday on a deal that auto parts maker Delphi Corp.  says it needs to exit bankruptcy, with initial results from the union's local voting units pointing toward support.
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Delta Air Lines said Wednesday it has revised its 2003 annual report to include a new report by its independent auditor warning that bankruptcy is looming.
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Lots of debt could mean tough times ahead.
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The impending exodus of hourly workers  from General Motors Corp.  and bankrupt auto parts maker  Delphi Corp. may ease pressures on GM and lower odds  of a strike at Delphi, analysts said on Tuesday.
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Delta Air Lines Inc. DAL.N suffered  a setback this week when a committee of creditors scotched one  of the company's early debt renegotiation efforts, but the  struggling airline still has a chance of restructuring its debt  without filing for bankruptcy, analysts said on Friday.
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The electronics retailer might seek bankruptcy to fend off lenders.
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The United Autos Workers union said on  Tuesday that bankrupt parts maker Delphi Corp.'s   management will be forced to meet with the union to reach a  settlement.