General Motors may receive a tax break worth as much as $45.4 billion under the terms of its government-financed restructuring.
The credit is a final benefit from the company’s multi billion-dollar government bailout. Under the terms of the bailout, …
Tribune Co. creditors are suing for billions of dollars in damages, alleging Tribune Chairman Sam Zell and lender JPMorgan Chase pushed the company into bankruptcy when Zell purchased it mainly with debt in 2007.
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Toyota has asked a federal court to dismiss lawsuits seeking damages related to the recall of millions of vehicles for possible unintended acceleration. The automaker has a simple argument: No one has ever demonstrated what is …
Amazon has positions to fill in three fulfillment centers in two states. It’s joining other retailers such as Toys ‘R’ Us and Kohl’s is adding scads of temporary hires for 2010 holiday sales crunch — the most since 2007.
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Hitachi is preparing an IPO for its Global Storage Technologies unit, looking to finally rid itself of an unprofitable hard drive business that has been an albatross around its neck for years. In its announcement Tuesday, Hitac…