Wall Street Journal
Apple Reports Record Revenue, Continuing Pandemic Streak (Wall Street Journal)
Submitted by benton on Fri, 10/28/2022 - 06:21T-Mobile’s Outlook Improves After Customer Gains Top Rivals (Wall Street Journal)
Submitted by benton on Fri, 10/28/2022 - 06:21Elon Musk Twitter Deal Completed, CEO and CFO Immediately Fired (Wall Street Journal)
Submitted by Grace Tepper on Fri, 10/28/2022 - 00:30Facebook Parent Meta’s Earnings Fall Short as Revenue Decline Accelerates (Wall Street Journal)
Submitted by benton on Thu, 10/27/2022 - 06:37Windstream Chapter 11 Plan Withstands Bondholder Appeal
The Second Circuit Court of Appeals in New York upheld the chapter 11 restructuring of Windstream Holdings Inc., finding bondholder complaints about the debt-cutting plan moot because reversing it would mean unwinding transactions that have already taken place. The court backed Windstream's 2020 restructuring, which put Elliott Management Corp. and other senior creditors in control of the business while wiping out junior bondholders owed roughly $2.4 billion.