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The US stock market rebounded as another series of corporate acquisitions stimulated investors to continue a largely uninterrupted months-long buying streak. The Dow Jones industrial average registered its 24th record close this year and the...
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A three-member federal appeals court panel in New York is expected today to hear final arguments on whether Chrysler can sell itself to a new company run by Italian...
made popular Jun 5 2009
AP, New York
One of the top financial advisers overseeing Chrysler LLC’s restructuring testified in bankruptcy court Monday that there is a “low likelihood” that...
made popular May 4 2009
AP, Detroit
With just a month left to check off an almost insurmountable list of restructuring moves, General Motors Corp.’s new CEO says it’s still possible that the...
made popular May 4 2009
AP, New York
A bankruptcy judge has postponed his decision on whether Chrysler can start the process of transferring its assets to a new entity partnered with Italian automaker...
made popular May 4 2009
AP, Houston
The stalwart. The bargain-hunter. The skeptic.
made popular May 3 2009
AP, Rome
Fiat Group SpA is confirming it’s in talks to acquire General Motor’s European operations, to possibly create a new company that would also include newly...
made popular May 3 2009
AP, Washington
With time running out for Chrysler, President Barack Obama’s auto industry task force made one last try Wednesday afternoon to keep the nation’s...
made popular May 2 2009
AP, Detroit
The United Auto Workers union would appear to be the big winner in the Chrysler bankruptcy saga, having exercised its considerable political muscle to win a 55 percent...
made popular May 2 2009
AP, New York
Chrysler LLC is expected to file a motion Saturday to sell substantially all of its assets to Italian automaker Fiat Group SpA, but the ailing automaker must still deal...
made popular May 2 2009
AP, Farmington
Chrysler Financial says it’s temporarily suspending financing for Chrysler dealers effective immediately.
made popular May 1 2009
AP, Auburn Hills
Chrysler says its president and vice chairman, Tom LaSorda, is leaving the automaker immediately.
made popular May 1 2009
AP, Toronto
Chrysler Canada’s southern Ontario assembly plants have halted production indefinitely while its parent company restructures under bankruptcy protection in the...
made popular May 1 2009
AP, New York
Attorneys for Chrysler LLC said the company will file a motion by Saturday morning to sell substantially all of its assets to Italian automaker Fiat Group SpA, but that...
made popular May 1 2009
AP, New York
Documents in Chrysler’s bankruptcy case reveal the automaker’s plans to close five more of its plants by the end of 2010.
made popular May 1 2009
AP, New York
Attorneys for Chrysler LLC will ask a federal bankruptcy judge Monday to let the ailing automaker start using a new infusion of $4.5 billion in loans from the Treasury...
made popular May 1 2009
AP, New York
Chrysler is in court for a hearing that may offer the first clue as to whether a quick, “surgical” bankruptcy is possible.
made popular May 1 2009
Chrysler has filed for a chapter 11 bankruptcy and went towards a “global strategic alliance” with Fiat. President Obama announced the bankruptcy and hoped the...
made popular May 1 2009
In a not-wholly surprising move, America’s ailing automaker Chrysler has filed for bankruptcy. The deadline for coming up with a viable plan for survivor or else...
made popular May 1 2009
AP, New York
For Chrysler’s sake, it needs a judge who can move it quickly through the Chapter 11 bankruptcy process. By most accounts, Arthur Gonzalez is the right judge.
made popular May 1 2009
AP, Detroit
The first sound of the gavel in Chrysler’s bankruptcy case might as well be the bang of a starter’s pistol.
made popular May 1 2009
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Microsoft has announced yet another deal on Friday as it has decided to acquire the online advertising company aQuantive for about $6 billion, marking the latest in a...
made popular May 19 2007
General Electric Co. is close to reaching an agreement to sell its plastics division for almost $11 billion to Saudi Arabia’s largest industrial company, Saudi...
made popular May 18 2007
WPP, the world’s second-largest advertising group, has decided to acquire 24/7 Real Media, the US digital marketing company, for $649 million, the company said in...
made popular May 18 2007
Blackstone Group announced that it has agreed to acquire data-processing and marketing company Alliance Data Systems Corp. for $6.4 billion, marking the latest in a...
made popular May 18 2007
An affiliate of billionaire investor Edward S. Lampert’s hedge fund has recently surprise experts at Wall Street by announcing that it has purchased more than 15...
made popular May 17 2007
In the latest step in its ambitious plan to roll up business-software makers, Oracle Corp. yesterday announced that it would acquire software maker Agile Software Corp....
made popular May 17 2007
Following the decision of DaimlerChrysler to offload Chrysler Group, it will go back to being Daimler, and its presence in the US will minimize virtually overnight....
made popular May 16 2007
The trustees entrusted with supervising the uprightness and independence of the Reuters Group approved the acquisition of the company to the Thomson Corporation of...
made popular May 16 2007
Telefonica SA has announced yesterday that it has agreed to sell its 75 percent stake in Dutch television producer Endemol for $3.56 billion, hinting at its departure...
made popular May 15 2007
In an interesting development, Royal Bank of Scotland Group PLC chairman Tom McKillop has been warned by at least four leading institutional investors last week not to...
made popular May 14 2007
US private equity group Cerberus inched closer to acquire Chrysler, the struggling US unit of Germany’s DaimlerChrysler, reports suggest. DaimlerChrysler is...
made popular May 14 2007
In a surprising move, Chicago Mercantile Exchange raised its offer to acquire its rival, the Chicago Board of Trade. Both the exchanges announced a revised merger...
made popular May 12 2007
Magna International Inc., the Canadian auto-parts maker bidding for Chrysler, has announced that Russian billionaire Oleg Deripaska will buy a stake in the company to...
made popular May 11 2007
Alcoa, the world’s largest aluminum company, announced that it has launched a hostile bid to acquire its Canadian rival Alcan Inc. for $33 billion after...
made popular May 8 2007
Royal Bank of Scotland led consortium has confirmed that their sweetened offer for ABN Amro Holding NV’s LaSalle Bank was rejected by the Dutch bank. In a...
made popular May 7 2007
Competition for increasing market share of eyeballs hitting search engines is heating up. Talks of a possible link up between Microsoft and Yahoo to take on market...
made popular May 5 2007
The Airline Partners Australia (APA) consortium bidding for Australia’s Qantas Airways Ltd. has announced that it has received last-minute backing from a large US...
made popular May 5 2007
Citigroup Inc. has announced that it has agreed to acquire Bisys Group Inc. in a $1.45 billion deal aimed to shore up the New York-based bank’s services catering...
made popular May 3 2007
Medical testing company Quest Diagnostics Inc. has recently announced that it will acquire diagnostic testing company AmeriPath Inc. for about $1.23 billion in cash....
made popular Apr 17 2007
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