RCN looks to exit Chapter 11
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RCN Corp. , the upstart telecommunications provider that has sought to battle giants like Comcast Corp. and Verizon Communications Inc. in Greater Boston and other markets, unveiled plans yesterday to exit bankruptcy protection by December and shed more than two-thirds of its $1.8 billion debt load.
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CHICAGO - Cash-strapped United Airlines said in a bankruptcy court filing Thursday that it "likely" will be necessary to terminate and replace its employee pension plans.    The carrier cited the size of further cost cuts and the need to find bankruptcy-exit financing as reasons for such a drastic move...
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Northwest Airlines  is set to  exit bankruptcy on Thursday, marking the end of a 20-month  spell in Chapter 11 for the No. 5 U.S. carrier, and the first  time in almost five years that a major U.S. airline has not  been in bankruptcy.
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Court and prison staff are threatening to walk out in the New Year over a pay dispute
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The move puts more pressure on the company to close its subprime mortgage unit and shed other divisions not tied to the core tax business.
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The Roman Catholic Diocese of Tucson today filed for Chapter 11 bankruptcy reorganization in an attempt to protect its assets from judgments and settlements stemming from alleged sexual misconduct by some of its priests.
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Company is considering a gradual exit from processor sales.
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Hundreds of passengers who spent 11 days on the problem-hit luxury liner Aurora are due to disembark.
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The Recruitment and Employment Confederation (REC) has called for the contribution of temporary workers within the nursing sector to be recognised and enhanced following a Royal College of Nursing (RCN) report on the UK nursing market The RCN report shows
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RCN Inc., co-owner of Starpower Communications LLC, the Washington area television, telephone and Internet provider, filed a plan of reorganization yesterday that it said puts the company
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The cash-strapped airline said in a bankruptcy court filing today that it "likely" will be necessary to terminate and replace its employee pension plans.
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RALEIGH, NC - The head of RBC Centura Bank has stepped down, and his successor will run the bank out of Raleigh rather than Rocky Mount, where the bank is based.
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RCN Inc., co-owner of Starpower Communications LLC, the Washington area television, telephone and Internet provider, filed a plan of reorganization Monday that it said puts the company on track to emerge from bankruptcy by the end of the year. -The Washington Post
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Former Newfoundland premier Brian Tobin may have foretold his sudden exit Friday from two companies controlled by auto parts magnate Frank Stronach five weeks before it took place.
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A Canadian court approved Air Canada&#39;s (AC.TO: Quote, Profile, Research) plan of arrangement with its creditors on Monday, clearing the way for the world&#39;s 11th largest airline to emerge from bankruptcy protection at the end
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Capital One's time in purgatory may be near an end.
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RCN Inc., co-owner of Starpower Communications LLC, the Washington area television, telephone and Internet provider, filed a plan of reorganization yesterday that it said puts the company on track to emerge from bankruptcy by the end of the year.