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Creditors of bankrupt Residential Capital LLC are nearing a deal to settle billions of dollars of claims against the mortgage lender's parent, Ally Financial Inc , a development that prompted a delay in a much-anticipated report on ResCap's failure.A mediator overseeing talks between Ally and ResCap creditors asked that an independent examiner postpone his report on claims that Ally should be held responsible for up to $25 billion of ResCap liabilities, according to a court filing.That report was expected to be published on Friday at noon. The examiner's attorney said in a filing with Manhattan bankruptcy court on Friday that the report will now be published at 3 p.m. on Monday."The mediator and the parties to the mediation believe that a short postponement in the filing of the report would assist the mediation process," Howard Seife of Chadbourne & Parke, who represents the examiner, said in the court filing.Creditors of ResCap are pursuing billions of dollars of cash that Ally had ra...
U.S. media giant Tribune Co emerged from bankruptcy on Monday, ending four years of Chapter 11 reorganization and potentially setting itself up for a future without ...
FBN’s Adam Shapiro on the decline in orange juice futures in 2012.
FBN’s Adam Shapiro on Secretary of State Hillary Clinton’s treatment for a blood clot she got from a concussion earlier in the month.
FBN’s Adam Shapiro on the Tribune Company ending its four years in bankruptcy protection.
U.S. media giant Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, emerged from bankruptcy on Monday, ending four years of Chapter 11 reorganizatio...
Media giant Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, emerged from bankruptcy on Monday, ending four years of Chapter 11 reorganization.Chi...
U.S. media giant The Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, said late on Sunday it will emerge from bankruptcy on December 31, ending fo...
U.S. media giant The Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, said late on Sunday it will emerge from bankruptcy on December 31, ending fo...
Tribune Co., the Chicago-based publisher of the Chicago Tribune, Los Angeles Times and Baltimore Sun and other newspapers and the owner of the WGN broadcast properti...
The Tribune Co, owner of the Los Angeles Times and the Chicago Tribune, will emerge from bankruptcy on December 31, sources said on Friday, ending four years of Chap...
Warren Buffett is mulling the prospect of owning at least one of Tribune Co's newspapers.Buffett told The Morning Call in Allentown, Pennsylvania that "Allentown is ...
FBN's Robert Gray breaks down the day's business news stories.
Former Reuters.com Deputy Social Media Editor Matthew Keys pleaded not guilty on Tuesday to federal charges that he aided members of the Anonymous hacking collective...
Thomson Reuters has dismissed Matthew Keys, the deputy social media editor of Reuters.com who was indicted on charges of aiding members of the Anonymous hacking coll...
A number of big investors have reportedly expressed interest in buying Tribune Co.'s newspapers.Koch Industries, a diversified industrial company controlled by Charl...
A Reuters journalist has been charged with allegedly conspiring with members of the hacker group Anonymous to hack into the Tribune Co. (TRBAA) computer system and a...
The Department of Justice indicted Matthew Keys, currently the deputy social media editor at Reuters, for conspiring with the hacker group Anonymous to break into co...
Television veteran Peter Liguori was elected chief executive of the Tribune Co. during the media company's first board meeting since emerging from bankruptcy, the co...
Tribune Co, which started by publishing the Chicago Tribune on a hand press in 1847, sees a future in broadcasting, one not likely to include the major newspapers th...
