Obama keeps low profile in auto rescue talks The Southern, IL - 28 minutes ago Senate Democratic aides described a process called a "prepackaged bankruptcy," whereby a company would work out a reorganization plan with creditors, ...
Indictment in illegal alien case United Press International - 4 minutes ago The company filed for Chapter 11 bankruptcy this month, after being slapped with $10 million in fines from the Iowa labor commissioner's office. ...
Bankruptcy judge approves sales of Boscov's York Daily Record, PA - 30 minutes ago A Delaware bankruptcy judge on Friday approved the sale of regional department store chain Boscov's to two former executives. Judge Kevin Gross cleared the ...
PREVIEW-Black Friday sales intensify in US downturn Forbes, NY - 23 minutes ago The contracting US economy has already slashed profits for many retailers and pushed some into bankruptcy, including electronics retailer Circuit City ...
Leave jets at home next time, Granholm says Detroit Free Press, United States - 5 minutes ago ... executives for Ford, General Motors and Chrysler LLC left Congress cold toward their pleas for $25 billion in emergency loans to stave off bankruptcy. ...
Automakers Need to Make Case for Government Aid MyFox Detroit, USA - 33 minutes ago If just one of the automakers declared bankruptcy, some estimates put US job losses next year as high as 2.5 million. Congress is weighing a tricky ...
GM, Chrysler making deep cuts to hold on for loans Herald Zeitung, TX - 3 minutes ago But industry analysts and bankruptcy experts say both companies must take similar measures to ensure their companies live long enough to use any loans they ...
Obama Keeps Low Profile In Auto Rescue Talks WDIV, MI - 21 minutes ago Senate Democratic aides described a process called a "prepackaged bankruptcy," whereby a company would work out a reorganization plan with creditors, ...
Business News AOL Canada, Canada - 48 minutes ago TORONTO - It's highly likely General Motors will be forced to seek bankruptcy protection if the US and Canadian governments don't reach a decision soon on a ...
GM cuts output and jets as US demands turnaround plans Reuters UK, UK - 19 minutes ago The companies have said federal aid is the only alternative to bankruptcy and massive job losses. The letter will demand that automakers provide by December ...
Bush signs jobless benefits extension Weakley County Press, TN - 28 minutes ago ... between banks for more than three years, guaranteeing the new debt in the event the issuing bank failed or its holding company filed for bankruptcy. ...
Bankruptcy judge approves sales of Boscov's Lebanon Daily News, PA - 35 minutes ago A Delaware bankruptcy judge on Friday approved the sale of regional department store chain Boscov's to two former executives. Judge Kevin Gross cleared the ...
Toward the tipping point Washington Times, DC - 20 minutes ago His book "Bankrupt: The Intellectual and Moral Bankruptcy of Today's Democratic Party" was released recently in paperback.
Two words: Retail liquidators LA Observed, CA - 45 minutes ago Typically, this small band of inventory specialists goes to bankruptcy court, makes a bid for a companys goods, purchases them and then quickly sells them ...
Terence Corcoran: Let Detroit face the music National Post, Canada - 1 hour ago A bankruptcy, perhaps under Chapter 11 or some other legal US insolvency procedure, would put a judicial trustee in place to manage a reorganization of the ...
Dow up 494 as Obama prepares to name treasury boss News 8 KFMB, CA - 5 minutes ago The prospect of a bankruptcy filing by one or more of the companies has added to Wall Street's worries about the state of the economy. ...
