Calpine pounds 10bn in debt as it files for Chapter 11.(Business)

Thought this looked pretty cool:

Calpine said that filing for bankruptcy protection would give it time to reorganise its finances and stabilise its business. ...

Link: Calpine pounds 10bn in debt as it files for Chapter 11.(Business)

Alltel to spin off non-wireless business

Thought this looked pretty cool:

Alltel said John Koch, president of its wireline business, will become chief ...

Link: Alltel to spin off non-wireless business