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Police: Burglars Stole $15.5 Million From Saudi Princess at Italian Resort

ROME – Italian police said Monday they are hunting for burglars who stole euro11 million ($15.5 million) in cash and jewelry from the hotel room of a Saudi princess. Police said the princess was not in her room at the luxury Colonna Pevero Hotel in Porto Cervo, a glitzy resort …

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Chicago Sun Times' Bankruptcy May Lead to Restructuring or Sale

WILMINGTON, Del. – Lawyers for the Sun-Times Media Group Inc. say the company’s Chapter 11 bankruptcy filing could result in either a restructuring or a sale. A Delaware judge on Wednesday approved first-day motions in the case, allowing the Chicago-based owner of the Chicago Sun-Times to pay employees and vendors …

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GM Seeking $2.6 Billion Loan to Build 3 Versions of the Volt

DETROIT – General Motors Corp has asked for $2.6 billion of low interest government loans to support the development of three new hybrid vehicles, according to a business plan update released on Wednesday. GM’s loan request, which would help develop two spinoffs from its all-electric Chevrolet Volt, raises to $10.3 …

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