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Borders liquidation in final week
Borders Group filed for bankruptcy July 18, after seeking court approval to liquidate its 399 stores when the company failed to receive any bids that would keep the 40-year-old chain in operation. In a statement, Borders President Mike Edwards said the
Updated: 09/05/2011 01:41P
Greece expects EU/IMF aid despite dispute
Athens faces no immediate danger of bankruptcy though it must repay about 10 billion euros of maturing bonds and interest by the end of the year, but any delay in the next tranche of aid could jolt the financial markets again.
Updated: 09/05/2011 01:31P
Greece expects EU IMF aid despite dispute
Athens faces no immediate danger of bankruptcy though it must repay about 10 billion euros of maturing bonds and interest by the end of the year, but any delay in the next tranche of aid could jolt the financial markets again.
Updated: 09/05/2011 01:30P
Obama to show solidarity with hurting workers on Labor Day
Detroit— President Barack Obama arrived in Detroit on Monday just before 12:30 pm, returning to a city desperate for jobs, where one in four is out of work and union workers are at a crossroads in the post-auto bankruptcy era.
Updated: 09/05/2011 01:22P
Around 500 protesters gathered in the Swaziland capital
Impoverished Swaziland is teetering on the brink of bankruptcy, in a financial crisis that has spawned a series of protests this year to demand that Mswati accept multi-party democracy and resolve a budget crisis that has left the kingdom battling to
Updated: 09/05/2011 01:22P
Former mayor's strife over brothel purchase
A former Hawke's Bay mayor and member of the New Zealand Order of Merit is facing bankruptcy proceedings over an unpaid debt for the purchase of a Wellington brothel. Waipukurau lawyer Hugh Hamilton stood down abruptly from law firm Davidson Armstrong
Updated: 09/05/2011 01:09P
Qatar: Tiny country making big power plays
According to Jones LaSalle, the building and real estate group, Qatar was the largest property investor globally in 2010. It has taken high profile positions across London in the Canary Wharf financial district, Chelsea Barracks near the Thames River,
Updated: 09/05/2011 01:05P
Swazi citizens demand reforms
The small African kingdom is on the brink of bankruptcy after the International Monetary Fund (IMF) blocked the country from receiving loans. King Mswati III has not addressed the budgetary problems that have left Swaziland battling to keep schools and
Updated: 09/05/2011 12:47P
Dems, GOP trade barbs on Obama's Detroit speech today
(Rick) Snyder raising taxes on seniors and working families to pay for a massive corporate tax cut, or GOP presidential candidates like Mitt Romney attacking our auto industry, we are determined to fight for our workers and to fight for middle-class
Updated: 09/05/2011 12:46P
Hundreds join Swaziland anti-government protests
Impoverished Swaziland is teetering on the brink of bankruptcy, in a financial crisis that has spawned a series of protests this year to demand that Mswati accept multi-party democracy and resolve a budget crisis that has left the kingdom battling to
Updated: 09/05/2011 12:00P
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