UAL Corporation, the parent company of United Airlines , filed its reorganization plan and disclosure statement in US bankruptcy court Wednesday, before the recently extended November 1 expiration of its exclusive ability to draft such a plan. A $2.5 billion, all-debt loan package from Citigroup, JPMorgan Chase, General Electric and Deutsche Bank will finance the [...]

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Russian oil tycoon Mikhail Khodorkovsky officially notified the district election commission Wednesday of his plans to run for the Moscow legislature in the December election, according to his lawyer Anton Drel. The former CEO of Russian oil company Yukos is eligible for the race while he appeals his May conviction and nine year sentence for [...]

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Federal prosecutors said Tuesday that they planned on filing new charges against about a dozen suspects who are allegedly involved in the sale of questionable tax shelters by accounting firm KPMG . Prosecutors discussed the ongoing investigation at the arraignment of nine defendants charged last month for conspiracy to devise and sell fraudulent tax shelters, [...]

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An international media watchdog organization has said that internet company Yahoo divulged information to China that led to the conviction of a journalist for leaking state secrets. Reporters Without Borders Tuesday accused the Hong Kong arm of Yahoo with providing "China’s state security authorities with details that helped to identify and convict" journalist Shi Tao. [...]

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An Iraqi official has confirmed that the draft Iraqi constitution will be sent to printers Thursday so that almost 5 million copies of the draft can be printed and distributed to citizens in advance of an October 15 referendum. Baha al-Araji, deputy head of Iraq's Constitution Committee , said that the version to be printed [...]

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