tribune

Hedge funds sue banks over Tribune deal NEW YORK, -- Hedge funds representing $800 million in Tribune Co. debt said banks improperly went along with the 2007 sale of the company, court papers in New York say. While Tribune Co. remains tied up in bankruptcy court in Delaware, hedge funds...

Tribune accepts Abrams' resignation CHICAGO, -- The Tribune Co. said it accepted the resignation of Chief Innovation Officer Lee Abrams after suspending him for sending sexually graphic e-mail to employees. Chief Executive Officer Randy Michaels called the e-mail "in extremely bad...

Tribune Co. amends bankruptcy filing CHICAGO, The Tribune Co., owner of the Chicago Tribune, has filed documents in its bankruptcy reorganization plan about proposed payments to 43 top executives. Tribune Co. officials gave no price tag on the proposal, but a judge has already approved a...

Tribune report suggests fraud in financing CHICAGO, A court-appointed examiner said financing set up in 2007 as part of Sam Zell's purchase of the Chicago Tribune was likely illegal in part. Kenneth Klee's partially blacked out report on the financing of the final $3.6 billion of a $8.2...

CEO has big plans for Tribune Co. NEW YORK, Tribune Co. Chief Executive Officer Randy Michaels says he will is reduce duplication and look for new revenue streams to help the struggling U.S. media giant. The 163-year-old company -- which includes eight major newspapers, such as the Los...

'Transformers' to occupy Chicago streets CHICAGO, (UPI) -- The shoot for the new film "Transformers 3" is tying up some Chicago streets for a while, but officials say yellow-shirted helpers will have detour information. The shoot will occur from this weekend through Aug. 23 -- with a short...

Jazz great Fred Anderson dead at 81 CHICAGO, (UPI) -- Chicago jazz legend and tenor saxophonist Fred Anderson, who had a heart attack June 14, died Thursday at the age of 81. Anderson, the owner of the famed Velvet Lounge on Chicago's South Side, created a "rugged, craggy musical language...

Elderly couple trapped in home's debris CHICAGO, (UPI) -- An elderly Chicago couple found alive under piles of garbage in their two-room apartment may have been trapped there for as long as three weeks, officials said. The 75-year-old woman and her 76-year-old husband, who police described as...

Tribune Files for Bankruptcy -------------------------------------------------------------------------------- As expected, the Tribune Co. filed for Chapter 11 bankruptcy protection today, seeking shelter from a debt load that's rumored to be as high as $12 billion. The move came after the...