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AMR Seeks to Extend Chapter 11 Restructuring Plan

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  • Description

    FBN’s Sandra Smith on AMR’s efforts to extend its chapter 11 restructuring plan.

  • Duration 0:54
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I'm Sandra Smith -- your Fox Business a brief stop spent the day drifting between gains and losses as investors focused their attention on Washington and the fiscal -- negotiations.

AMR looking for more time to submit a bankruptcy restructuring plan the airline along with its creditors have -- other question in Manhattan bankruptcy court.

To extend its exclusive right deadline to march 11.

Earlier this year AMR said it would prefer to exit as a standalone company but is discussing a merger options.

And -- Long Island power authority chairman Howard Steinberg has reportedly.

Resigned from his post affected immediately.

That's according to Newsday -- resignation of the latest in a string of departures.

Following criticism of the utility company's performance in the wake of -- -- sanity.

And that is the latest from the Fox Business Network giving you the power to prosper.

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