Corporate bankruptcy

FILE -In this Sept. 29, 2016 file photo shows an aircraft of the Air Berlin company on the runway of Dusseldorf airport in Germany. Struggling German carrier Air Berlin says it's filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The Economy Ministry and Transport Ministry said Tuesday Aug. 15, 2017 in a statement that the airline would get a loan of 150 million euros ($177 million) so that it can continue flights for the time being. (Bernd Thissen/dpa via AP,file)
August 15, 2017 - 8:13 am
BERLIN (AP) — Germany's second largest carrier, Air Berlin, is filing for bankruptcy protection after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The loss-making airline said Tuesday that after Etihad pulled funding, it "came to the conclusion that...
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FILE -In this Sept. 29, 2016 file photo shows an aircraft of the Air Berlin company on the runway of Dusseldorf airport in Germany. Struggling German carrier Air Berlin says it's filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The Economy Ministry and Transport Ministry said Tuesday Aug. 15, 2017 in a statement that the airline would get a loan of 150 million euros ($177 million) so that it can continue flights for the time being. (Bernd Thissen/dpa via AP,file)
August 15, 2017 - 8:00 am
BERLIN (AP) — Germany's second largest carrier, Air Berlin, is filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The loss-making airline said Tuesday that after Etihad pulled funding, it "came to the conclusion that there was...
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FILE -In this Sept. 29, 2016 file photo shows an aircraft of the Air Berlin company on the runway of Dusseldorf airport in Germany. Struggling German carrier Air Berlin says it's filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The Economy Ministry and Transport Ministry said Tuesday Aug. 15, 2017 in a statement that the airline would get a loan of 150 million euros ($177 million) so that it can continue flights for the time being. (Bernd Thissen/dpa via AP,file)
August 15, 2017 - 7:47 am
BERLIN (AP) — Germany's second largest carrier, Air Berlin, is filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The airline said Tuesday in a statement that after Etihad pulled funding, it "came to the conclusion that there...
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August 15, 2017 - 7:27 am
BERLIN (AP) — Struggling German carrier Air BerLin says it's filing for bankruptcy after its main shareholder, Abu Dhabi-based Etihad, said it would make no more financing available. The Economy Ministry and Transport Ministry said Tuesday in a statement that the airline would get a loan of 150...
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Toshiba Corp. President Satoshi Tsunakawa speaks during a press conference at the company's headquarters in Tokyo, Thursday, Aug. 10, 2017. (AP Photo/Shizuo Kambayashi)
August 10, 2017 - 2:59 am
TOKYO (AP) — Auditors signed off, belatedly, on Toshiba Corp.'s earnings Thursday, meaning the embattled Japanese electronics and nuclear company will likely avert delisting, for now. But the auditors, PriceWaterhouseCoopers Aarata, cautioned about remaining risks in a separate statement. The...
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July 14, 2017 - 8:51 am
EDEN, N.C. (AP) — Leaders of a rural hospital in North Carolina are citing competition with larger hospitals and a lack of Medicaid expansion as reasons for filing for bankruptcy. Multiple media outlets report Morehead Memorial Hospital in Eden filed earlier this week for Chapter 11 bankruptcy as...
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A group of Stax Music Academy musicians rehearse for their upcoming tour of Europe on Friday, June 30, 2017 in Memphis, Tenn. Fifty years after the Stax Records tour, a group of young musicians educated at Stax Music Academy are again bringing the music of Memphis back to Europe. (AP Photo/Adrian Sainz)
July 01, 2017 - 6:59 pm
MEMPHIS, Tenn. (AP) — The roster of American musicians was impressive: Otis Redding, Sam & Dave, Eddie Floyd, Booker T. and the MGs. They arrived in Europe in 1967, bringing with them the powerful, soulful Memphis Sound. Ahead was a tour with stops in London, Paris and elsewhere. These artists...
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Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows at the beginning of a press conference in Tokyo, Monday, June 26, 2017. Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (Akiko Matsushita/Kyodo News via AP)
June 26, 2017 - 5:41 pm
Takata's lethally defective air bags proved to be the company's undoing Monday. But it could take years to get the dangerous devices off the road in the U.S. and around the world. Crushed by lawsuits, fines and recall costs, the Japanese auto parts supplier filed for bankruptcy in Tokyo and...
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Japanese air bag maker Takata Corp. CEO Shigehisa Takada bows at the beginning of a press conference in Tokyo, Monday, June 26, 2017. Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of defective air bag inflators. (Akiko Matsushita/Kyodo News via AP)
June 26, 2017 - 5:20 pm
Takata's lethally defective air bags proved to be the company's undoing Monday. But it could take years to get the dangerous devices off the road in the U.S. and around the world. Crushed by lawsuits, fines and recall costs, the Japanese auto parts supplier filed for bankruptcy in Tokyo and...
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FILE - This July 6, 2016, file photo, shows the logo of Takata Corp. at an auto supply shop in Tokyo. Drowning in a sea of lawsuits and recall costs, Japanese air bag maker Takata Corp. is expected to seek bankruptcy protection in Tokyo and the United States early Monday, June 26, 2017. (AP Photo/Shizuo Kambayashi, File)
June 25, 2017 - 11:41 am
DETROIT (AP) — Drowning in a sea of lawsuits and recall costs, Japanese air bag maker Takata Corp. is expected to seek bankruptcy protection in Tokyo and the United States early Monday. Takata was done in by defective air bag inflators that can explode with too much force, spewing out shrapnel...
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