UPDATE 2-Grace nears deal to emerge from Chapter 11
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WR Grace &amp; Co. (GRA.N: Quote, Profile, Research) on Friday said it may be close to a deal with its biggest creditors on a plan to emerge from bankruptcy, driving
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Media & professional: Basic agreement reached over editorial independence but price yet to be settled.
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There&#39;s a report that the Securities and Exchange Commission and Time Warner are close to a settlement over accounting questions at the media giant&#39;s America Online unit.
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ALEXANDRIA: US airways has reached a tentative agreement with the union representing more than 5,000 customer service workers, and continued talks with two other big labour groups about steep givebacks to keep the airline flying past January.
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JAMES Hardie Industries NV today said it was closer to signing off on a compensation agreement for future asbestos victims. But the building products group has refused to say whether the agreement - potentially
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Advisers to Rupert Murdoch&#39;s News  Corp. (NWSa.N) and Dow Jones & Co. Inc.  could reach a  pact on editorial independence as early as Monday, a source  familiar with the situation said, heightening expectations a  takeover deal could soon be reached.
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NEW YORK, Sept. 23 -- Investment banking firm Lehman Brothers Holdings Inc. is nearing an agreement to pay approximately $200 million to settle a shareholder lawsuit over its work for bankrupt energy trader Enron Corp., sources familiar with the case said.
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United Airlines, seeking to emerge from Chapter 11 bankruptcy protection, yesterday said it has reached a tentative agreement with its pilots - the first of four major unions to settle with the nation&#39;s second-largest carrier.
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Delta Air Lines Inc. could file for Chapter 11 bankruptcy protection as soon as next week, a source familiar with the matter said yesterday.
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Delta Air Lines Inc. has a tentative pilot deal on concessions and much-needed breathing room. But it has not detailed the progress of its key debt restructuring efforts.
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PNC Financial Services Group Inc. and Riggs National Corp. revived their merger deal and will announce a sale agreement this morning, according a source familiar with the deal.
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Business & money: Fate of supermarket chain in balance, with court to decide today whether to approve rescue package.
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A century-and-a-half-old chemical company in Columbia is betting its future on an unusual legal strategy that might be called Grace's Last Stand.
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Agreement on moving class-action suits to federal courts indicates bridge building between parties, for now.
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A judge accepts a reorganization plan, setting stage for the company to emerge from Chapter 11 protection in October.
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WR Grace &amp; Co., a chemical company currently in bankruptcy proceedings, on Monday said it has settled litigation with Honeywell International Inc.
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WASHINGTON - WR Grace &amp; Co. disclosed Friday that federal prosecutors were likely to indict the chemical and building material supplier during the first quarter of 2005 on charges related to environmental