FORT WORTH, Texas — Creditors overwhelmingly approved the bankruptcy reorganization plan for American Airlines parent AMR Corp., which includes a merger with US Airways that would create the world’s biggest airline. AMR said Thursday that preliminary results show that at ...

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TRENTON, N.J. — Struggling Anglo-Swedish drugmaker AstraZeneca PLC said Monday that it will eliminate 1,600 jobs, mostly in the U.S. and United Kingdom, as its new CEO starts a major research and development reorganization. The cuts, meant to reduce costs ...

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Two groups of prosecutors in Baltimore are combining forces to create a Special Victims Unit, Baltimore City State’s Attorney Gregg L. Bernstein said Friday.

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WILMINGTON, Del. — A federal judge in Delaware is close to deciding whether Tribune Co. can emerge from Chapter 11 bankruptcy protection. The judge indicated after a hearing Friday that he would rule on the media conglomerate’s latest reorganization plan ...

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HAGERSTOWN — The owners of Wisp, Maryland’s only ski resort, have met with a number of potential buyers in their efforts to stave off financial failure, one of the partners said Thursday. But selling the western Maryland resort is not ...

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WILMINGTON, Del. — Tribune Co. creditors are arguing over how recoveries under Tribune’s proposed reorganization plan should be allocated. Many of the arguments at hearing that began Monday revolve around what standing certain junior bondholders have in sharing in any ...

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WILMINGTON, Del. — After a long and contentious legal battle and more than three years in bankruptcy, Washington Mutual Inc. on Friday finally won court approval of a reorganization plan. “It took three and a half years, but I think ...

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WILMINGTON, Del. — Washington Mutual Inc. has reached an agreement with dissident creditors that could pave the way for approval of its latest bankruptcy reorganization plan. A hearing in WaMu’s bankruptcy was delayed several hours Thursday as attorneys hammered out ...

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W. R. Grace & Co. said Tuesday that a U.S. District Court affirmed its reorganization plan, putting the chemical maker a step closer to emerging from bankruptcy protection after more than a decade under court supervision. The company originally filed ...

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SEATTLE — Bank holding company Washington Mutual Inc. has agreed to a settlement with some creditors involved in its Chapter 11 bankruptcy case and has filed a new reorganization plan. Washington Mutual said in a statement late Monday that the ...

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