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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles see all

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  • News of the Weird: Norway's Battle Against Chaos

    News of the Weird: Norway's Battle Against Chaos
    Norwegian public television (NRK), which introduced the now-legendary continuous, live log-burning show (12 hours long, with “color commentary” on the historical and cultural importance of fire), scheduled a new program for this week in its appeal to serenity (labeled “Slow TV”). On Nov. 1, NRK was to televise live, for five hours, an attempt to break the world record for producing a sweater, from shearing the sheep to spinning the wool and knitting the garment (current record: 4:51, by Australians). (In addition to the log, NRK viewers have been treated to live cams on a salmon-fishing boat and, for five days, on a cruise ship.) Said an NRK journalist, “You would think it's boring television, but we have quite good ratings for these programs.”
  • Caesars seeks to demolish part of former Harrah's in Tunica

    A division of Caesars Entertainment Corp. is asking a federal bankruptcy judge for permission to "dismantle and liquidate" part of its shuttered Harrah's casino complex in Mississippi's Tunica County. A Wednesday court filing said Caesars wants to remove...

    U.S. airlines say Persian Gulf-based carriers got billions in subsidies

    U.S. airlines say Persian Gulf-based carriers got billions in subsidies
    Three of the largest U.S. airlines have accused competitors from the United Arab Emirates and Qatar of accepting $42 billion in government subsidies, giving the Persian Gulf-based airlines an unfair competitive advantage. American, Delta and United...

    Rodney O'Neal transformed Delphi, regrets pension cuts

    DETROIT Delphi CEO Rodney O'Neal, who retired this week at 61 after four decades in the industry, led the auto supplier through a bankruptcy and improbable comeback and now leaves the company in the best financial shape of its 16-year life. Delphi's...

    BP signs $12B deal to develop Egypt gas field

    The U.K.-based energy company BP on Friday announced agreements worth $12 billion to develop a major gas field in Egypt, which has been trying to attract foreign investment after four years of unrest. BP said in a statement that the investment is "a vote...