'New' GM isn't liable for a $450 million retiree payment promised by the 'old' GM, a judge rules
The hotel chain is returning to the public market following private-equity firm Blackstone's 2007 leveraged buyout.
Private-equity firm Centerbridge has reached a tentative deal to buy LightSquared for $3.3 billion and assumption of $1.7 billion in liabilities.
Home Depot plans to spend at least $300 million on supply chain, technology and online improvements, including new fulfillment centers.
Surging share prices and blockbuster initial public offerings from 3-D printing companies are drawing attention from analysts at the big Wall Street banks.
Even after he confessed to orchestrating the biggest Ponzi scheme in history, Bernard Madoff insisted he acted alone and his separate market-making operation was legitimate. Both claims have been exposed as lies.
LOT Polish Airlines said it narrowed its projected operating loss to $6.6 million for the year by cutting unprofitable routes and adding fuel-efficient Dreamliner jets to its fleet.
Royal Bank of Scotland's Finance Director Nathan Bostock is leaving the bank to join rival Santander U.K., the latest blow to beset the U.K. government-controlled lender.
Discovery Communications is considering a bid for Scripps, the owner of cable channels such as the Food Network and HGTV.