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Photos: Demonstrators clash with riot police in Athens, Greece
Protesters clash with riot police in Athens on October 19, 2011 as a two-day general strike began against a new austerity bill demanded by Greece's international creditors to avert bankruptcy. Over 52000 people converged on central Syntagma Square,
Updated: 10/19/2011 02:00P
Harrisburg takeover bill heads to Corbett's desk
It is unclear how the measure will affect Pennsylvania's capital, now that a City Council petition is in federal bankruptcy court, pending a Nov. 23 court date. The bill is a response to an unprecedented rejection by Harrisburg's City Council of a
Updated: 10/19/2011 01:59P
Judge Backs Lehman Derivatives Deal With BofA
Judge James Peck of US Bankruptcy Court in Manhattan approved the compromise, which also calls for Bank of America to drop an appeal of a $500 million judgment against it and return $356 million for a claim in that proceeding. Lehman has been settling
Updated: 10/19/2011 01:58P
Calif. lawmakers question green tax break program
California lawmakers are scrutinizing a tax break program intended to help alternative energy companies following the Solyndra bankruptcy filing. Democratic state Sen. Alex Padilla of Los Angeles, who authored the bill, has scheduled a
Updated: 10/19/2011 01:57P
US Solar Panel Makers Accuse Chinese of Trade Violations
The company subsequently moved its operations to China, and in August filed for bankruptcy. Seven American solar panel makers filed a broad trade case in Washington against the Chinese solar panel industry on Wednesday, accusing it of using billions of
Updated: 10/19/2011 01:57P
Clashes as Greeks strike against new austerity cuts
Greek police fired tear gas as protestors threw firebombs, burnt dustbins and vandalised shops Wednesday at the start of a two-day strike ahead of a vote on a new austerity bill to stave off bankruptcy. Police in Athens clashed with protesters outside
Updated: 10/19/2011 01:57P
Deadline is Nov. 2 for Borders customer information opt-out
Borders recently filed for bankruptcy and received Bankruptcy Court approval to sell its customer information to Barnes & Noble bookstores. Consumers whose information is being transferred to Barnes & Noble should receive two emails from Barnes
Updated: 10/19/2011 01:50P
Deutsche Bank Loses Bid to Revise $2.4 Billion Lehman Claims
Deutsche Bank, which told a judge that about $100 million is at stake in the classification, can take up the issue again later, US Bankruptcy Judge James Peck said at a court hearing today in Manhattan. Germany's largest lender bought the claims from a
Updated: 10/19/2011 01:49P
Judge rejects Drumm house sale appeal
Mr Drumm, who has filed for bankruptcy, had claimed that this was his main residence, which would have entitled him to receive $500000 from the proceeds. Mr Drumm appealed to the court in an emergency motion to try to stop a recent decision that denies
Updated: 10/19/2011 01:49P
Drumm not entitled to house sale proceeds
Former Anglo Irish Bank chief David Drumm has filed for bankruptcy in the US. In a Boston court, a judge has ruled that David Drumm is not entitled to any of the proceeds of the sale of a house he bought in Cape Cod after he resigned as chief executive
Updated: 10/19/2011 01:39P
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