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Billionaire investor Carl Icahn offers CIT Group $6B lifeline as it faces potential collapseIcahn offers CIT Group $6 billion loan NEW YORK — In another sign that CIT Group Inc. is struggling to restructure its debt, billionaire investor Carl Icahn offered the lender a $6 billion lifeline. EBay to lay off several dozen employees as part of internal restructuringEBay to lay off several dozen employees SAN FRANCISCO — EBay Inc. expects to lay off several dozen workers as part of an internal restructuring plan. Canadian media giant Canwest enters bankruptcy protection after restructuring its debtCanada's Canwest enters bankruptcy protection TORONTO — Canwest Global Communications Corp. entered bankruptcy protection on Tuesday after reaching a deal to restructure its debt with lenders. Canadian media giant Canwest to seek court protection while it restructures its debtCanada's Canwest to seek court protection TORONTO — Canwest Global Communications Corp. said Tuesday it will file for bankruptcy protection under a deal with a key group of lenders as Canada's biggest media company seeks court approval to restructure its debt after months of negotiations. Dell’s 2Q numbers show PC industry staggering back to feet, helped by consumersDell's numbers show PC industry staggering back SAN FRANCISCO — Dell Inc.'s second-quarter results reinforce what other tech heavyweights have shown recently about the health of the personal-computer industry: it's still wounded by the recession, but is staggering back to its feet, thanks to consumers, bargain prices and little "netbook" laptops for surfing the Internet. |
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