United Warns It May Jettison Pension Plans to Stay Afloat
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United Airlines said the termination of its four employee pension plans was needed to attract the financing that would allow it to emerge from bankruptcy protection.
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The pension plan at a U.K. unit of  bankrupt auto parts maker Federal-Mogul Corp. FDMLQ.OB on  Friday rejected a $130 million offer by financier Carl Icahn to  keep it afloat, prompting a warning from bondholders that the  plan may be liquidated.
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The Bush administration expressed  fresh concern on Wednesday about the possibility bankrupt  United Airlines UALAQ.OB might scrap its employee pension  plans, which would shift the burden of paying benefits to the  government.
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ASHINGTON, Aug. 17  - A legal overseer will be appointed to represent participants in United Airlines&#39; pension plans now that the company has halted contributions, the Labor Department said on Tuesday.
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CHICAGO : The judge overseeing United Airlines&#39; bankruptcy case struck a controversial pension-related brief from the record, in the latest development in the row over United&#39;s underfunded pension plans.
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Bankrupt United Airlines said on Friday  it needs more labor cost cuts on top of any gains from  terminating employee pensions and expects to move toward  voiding its labor contracts in early November.
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The board of Manchester United is likely to insist on a package of measures to placate fans, including a freeze on ticket prices, in return for agreeing to recommend an
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United Online (Nasdaq: UNTD) may have reported a perfectly respectable increase in quarterly profit today, but it&#39;s the future that has investors worried.
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United Airlines said termination and replacement of all of its pension plans &quot;likely will be required&quot; for the company to exit bankruptcy and attract financing.
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Won&#39;t confirm reports of 6,000, or 10% of the airline&#39;s work force; may terminate pension plan. BRUSSELS, Belgium  - The head of UAL Corp.
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The Pension Benefit Guaranty Corp. files to take over pensions for United's pilots. Sound good? Not so fast.
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The pensions of 40,000 workers at Turner & Newall are in danger amid reports that its parent firm will not continue to fund the company's scheme.
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The government's pension guarantee agency said yesterday that it will seek immediate termination of the pension plan of the pilots of United Airlines, a move the agency estimated would save it $140 million over the timetable proposed by the carrier and its pilots.
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Struggling United Airlines is rushing to again slash wages and to terminate pension plans in a bid to stem cash drain and satisfy lenders.
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The US agency that insures the pensions of 44 million workers said Thursday it will seize the retirement plans of United Airlines&#39; 14,000 active and retired pilots.
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Manchester United has warned that lower TV revenues will hit earnings this year, after posting a dip in annual profits. The world&#39;s richest soccer club and the subject of
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Manchester United plans talks with its two largest shareholders to put an end to months of speculation about the club&#39;s future ownership.