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As pressure intensifies for Toyota’s chief to testify before Congress about the automaker’s safety lapses, Japanese political leaders and experts worry that the problem — if handled poorly — could damage ties between the two nations ...
WOODFIN — The company developing the upscale Altura community here has filed for Chapter 11 bankruptcy, saying it has $40.6 million in debts. The filing Monday allows Altura Communities LLC to stay in business while it reorganizes. It stops for now ...
Today Moody’s upgraded its debt ratings on PE-backed Clear Channel with the expectation that “a full restructuring or bankruptcy filing is no longer imminent.” Over the past year, Clear Channel has struggled to refinance its debt while its mega ...
As usual, we have a week’s worth of ratings actions on the debt of LBO-backed companies from ratings agencies Standard & Poor’s Ratings Services and Moody’s Investors Service. Company: Penton Business Media Holdings, Inc. Sponsor: MidOcean ...
Feb. 12 (Bloomberg) -- Daimler AG agreed to pay about $200 million and two subsidiaries will plead guilty to resolve a U.S. investigation into whether it paid bribes to secure business overseas, according to people familiar with the accord. The ...
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