Orchard Supply Hardware Stores Corp filed Chapter 11 bankruptcy protection to proceed with the sale of the company's major assets to Lowe's Companies priced at US$205 billion.
Legal & Regulatory
CLSA Brokerage Sale To Be Denied By Taiwanese Regulators
CLSA Brokerage, owned by Credit Agricole SA, was sold to CITIC Securities but Taiwanese regulators may reject the sale.
German Court Takes on Porsche Lawsuit
A Braunschweig-based court issued its decision to take the Eur2 billion damages lawsuit against Porsche SE to a specialized court.
Lawmakers Urge Careful Review on American-US Airways Deal
Two US legislators urge the Obama administration to carefully review the American-US Airways Deal as flight prices might go up or customer service might deteriorate.
Vale SA preparing for new impositions
Vale SA is preparing for the imposition of new royalties charges for mining in Brazil. (Photo : Reuters)The image is the corporate logo of Vale SA of Brazil.
Latest News
Stephane Richard, CEO of France Telecom will face his fate to whether or not retain his position from the company's board after being charged with fraud at his previous office.
Dole Food Corp board of directors to be investigated for allegations of breach of fiduciary duties and other violations.
Pope Francis, in the bid to reform the Vatican bureaucracy, appoints Monsignor Ricca to manage the Vatican Bank.
The bond market is awaiting the Federal Reserve Bank decision on quantitative easing. (Photo : Reuters)The image is the facade of the Federal Reserve Bank.
Fed Chairman Bernanke's announcements on quantitative easing is anticipated by the market. (Photo : Reuters)President Barack Obama's next choice to head the U.
Amidst the investigation against several top officials, Wal-Mart's board votes for James Cash as new Lead Director.
Spirit AeroSystems, a manufacturer of aeronautics parts and tools, is being investigated by a law office under claims of misrepresentation.
Dole's shareholders sue the company's board to stop it from accepting a deal offered by the company's top executive.
The Indian government deferred the proposed stake sale of Jet Airways to Etihad as it seeks more information regarding the ownership of the local carrier.
