Eddie Bauer Expected to File for Bankruptcy The outdoor-clothing chain plans to file for bankruptcy and seek a sale to CCMP Capital, a private equity firm, a person briefed on the matter said.
Higher Quarterly Loss for FedexThe company said that it lost $876 million in the fourth quarter, weighed down by one-time charges, but the results beat analysts’ expectations.
MySpace was once the pre-eminent social networking site, but recently it has lost some luster to Facebook.
By GRAHAM BOWLEY
After a year of tumult on Wall Street, overseas banks are coming in for cheap assets, solid talent and the possibility of raising their profiles on a global scale.
By MARY WILLIAMS WALSH
Maurice R. Greenberg, former chief of A.I.G., testified that he was entitled to remove $4.3 billion in the company’s stock under certain conditions.
By STUART ELLIOTT
Macy’s, General Mills, and Procter & Gamble are among companies with 2009 ad campaigns recalling aspects of the ’60s.