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Court OKs US Airways pay cuts.
January 7, 2005... Byline: Lou Whiteman US Airways Group Inc. received some vital financial support Thursday, Jan. 6, when a bankruptcy judge cleared the way for the airline to cancel its labor agreement with its mechanics, a move that would buy the company time to complete its reorganization. Judge...

Judge to decide on Yukos filing.
January 7, 2005... Byline: Jonathan Berke A judge on Thursday, Jan. 6, decided to begin hearings Feb. 16 on whether the bankruptcy petition of OAO NK Yukos should be dismissed. Lawyers for Deutsche Bank AG argued before Judge Letitia Clark of the U.S. Bankruptcy Court for the Southern District of Texas...

Toys "R" Us stores show promise.
January 7, 2005... Byline: Brenon Daly In a conference call, chief executive John Eyler declined to field questions about the "strategic review" and restructuring of the toy stores announced in August. He did, however, put in a mild plug for the division. "This has been a fairly interesting holiday...

Layoff roundup: Jan. 6, 2005.
January 7, 2005... Byline: David Ehrlich First-time U.S. jobless claims were up by 43,000 last week, far ahead of analysts' expectations and hitting the highest level since late September. The initial claims rose to 364,000 in the week ended Jan. 1, up from a revised 321,000 in the previous week., the Labor...

FTC draws line in sand for CB&I.
January 7, 2005... Byline: Donna Block in Washington In a case with important ramifications for merger enforcement, the Federal Trade Commission on Thursday, Jan. 6, upheld its ruling that Chicago Bridge & Iron Co. NV's 2001 acquisition of a unit owned by Pitt-Des Moines Inc. violated antitrust law. ...

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