UPDATE 2-Intermet files for Chapter 11, cites steel costs
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Auto parts maker Intermet Corp. (INMT.O: Quote, Profile, Research) on Thursday said it has filed for Chapter 11 bankruptcy reorganization, citing a record rise
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Ispat International (ISPA.AS: Quote, Profile, Research) (IST.N: Quote, Profile, Research) will merge with LNM Holdings and Ohio-based International Steel Group Inc.
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KANSAS CITY, Mo. Interstate Bakeries Corp. filed for Chapter 11 bankruptcy protection yesterday, a casualty of rising costs and reduced demand for carbohydrate-rich breads and pastries.
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Sneaker retailer Athlete's Foot Stores LLC filed a voluntary Chapter 11 petition Thursday in the U.S. Bankruptcy Court in Manhattan, according to court papers.
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Corporate rescue firm Stephen Forbes Cooper LLC applied to a Manhattan bankruptcy court today for the "success fee" as payment for guiding Enron through the Chapter 11 process.
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Delta Air Lines Inc. DAL.N could  file for Chapter 11 bankruptcy protection as soon as next week,  the Washington Post reported in its Saturday edition, citing an  unnamed source familiar with the situation.
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Steel shares hit seven-year highs yesterday after Nissan said the metal is in short supply in Japan. US Steel rose $3.30, or 7%, to $51.25, while Nucor surged $2.90 to $54.05, an all-time high.
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HOUSTON Enron&#39;s prized remaining assets _ its domestic natural gas pipelines _ will be on the auction block tomorrow. Houston-based Enron filed for Chapter Eleven bankruptcy protection after its stock collapsed in 2001.
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Tycoon Lakshmi N. Mittalâs $4.5 billion purchase of International Steel Group will create a colossal powerhouse in the world steel industry with the capabilities of producing 70 million tons of steel annually.
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By FRANK ELTMAN  CENTRAL ISLIP, N.Y. - A titanium maker and its owner were charged with illegally storing more than 11 tons of corrosive hazardous waste, creating a mess that a prosecutor compared to a horror movie scene.
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The nation&#39;s largest defense contractor will take a $110 million charge against its fourth quarter earnings after losing a court bid to salvage at least some of the money it pumped
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CHICAGO United Airlines has revealed it needs to cut 500 (m) million dollars more in costs than previously stated. The disclosure, filed yesterday, was not mentioned during a previously scheduled hearing this
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(Corrects client asset figure in 8th paragraph of Jan. 4 story)     By Tim McLaughlin
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Brokerage announces $11.5 billion in additional write-downs for the fourth quarter.
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AMSTERDAM -- Steel tycoon Lakshmi N. Mittal yesterday said he would pay $4.5 billion in cash and stock for US steelmaker International Steel Group Inc., which had been cobbled together by onetime investment banker Wilbur L. Ross Jr. from mills whose parents landed in bankruptcy court.
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11 members of MCI Inc.'s former creditors committee asked for documents related to confidential communications between the company and its bondholders, according to federal bankruptcy court filings.
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Lakshmi Mittal, who is based in the UK, yesterday set his seal on the consolidation of the global steel industry with a $17.8bn (Â£10bn) double merger to create the world&#39;s largest producer.