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Despite skepticism among bond analysts, Jeld-Wen says critical issue is on
Jeld-Wen, Oregon's largest privately-held company, says it's not facing bankruptcy and its agreement to a takeover by a Canadian corporation is on track despite a report that a bond sale critical to the deal has been met with skepticism.
Updated: 09/06/2011 06:44P
Marchionne Elected Chrysler Chairman
Mr. Marchionne replaces C. Robert Kidder who was named chairman after Chrysler emerged from bankruptcy protection in 2009. Directors George FJ Gosbee and Scott M. Stuart also resigned and were replaced by Leo W. Houle, chief talent officer of Canadian
Updated: 09/06/2011 06:39P
Insurance dispute could derail Diocese bankruptcy plan
Diocese attorneys asked the judge Tuesday to declare that his confirmation order is final and non-appealable as far as the insurance settlements are concerned, or to approve the insurance settlements separately.
Updated: 09/06/2011 06:36P
Insurers in diocese bankruptcy balk at $15M payout
(AP) - A dispute over insurance payments is threatening to blow up the Catholic Diocese of Wilmington's bankruptcy reorganization plan. Under the plan, the diocese, its parishes and affiliated entities would be released from legal claims related to
Updated: 09/06/2011 06:32P
California solar panel companies struggle to survive
The California solar panel manufacturer Solundra LLC is one of them and has officially filed for Chapter 11 bankruptcy. The Freemont, California company, which made unique solar tubes that can soak up sunlight from many different angles, has struggled
Updated: 09/06/2011 06:31P
UAE To Increase 2011 Budget Spending By 110M Dirhams For Health Sector-UAE Min
He added that he expects UAE's bankruptcy law to be issued "before the end of 2011, as the draft is ready." When asked about the public debt law, Al Tayer said he expects it to be passed soon, adding, "We can start issuing sovereign bonds 18 months
Updated: 09/06/2011 06:27P
And now for the details: Solyndra files for bankruptcy
6, 2011, 3:23pm PT No Comments As expected, beleaguered solar startup Solyndra has officially filed for bankruptcy. The company's rise and fall has turned into the clean power controversy of the summer, having raised close to a billion dollars of
Updated: 09/06/2011 06:26P
Last week, the Obama administration's Department of Energy announced it is
This would seem to be a lot of money to generate very few jobs at a time when the nation is on the verge of bankruptcy, but the project really isn't about jobs. It's the latest in the administration's attempt to turn us away from dependence on fossil
Updated: 09/06/2011 06:22P
Refusal of insurers to pay $15M threatens diocese bankruptcy settlement
A dispute over insurance payments is threatening to blow up the Catholic Diocese of Wilmington's bankruptcy reorganization plan. Under the plan, the diocese, its parishes and affiliated entities would be released from legal claims related to priest sex
Updated: 09/06/2011 06:14P
Business Highlights
NEW YORK (AP) - Sunoco Inc. said Tuesday it's getting out of the refining business. The Philadelphia company, which owns two refineries in Pennsylvania, announced plans to sell those refineries and focus on its pipelines and retail gas stations that
Updated: 09/06/2011 06:12P
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