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Branstad Rejects Criticism Of Post Office Ownership
The post office is broke, either go to mon-wed-fri delivery or declare bankruptcy and start over. Nobody should ever expect to retire at 40-45 at almost full wages and health insurance for the rest of their life. Take my neighbor for instace he retired
Updated: 09/06/2011 07:10P
Auto-warranty firm fights $25M order from Maryland Attorney General
US Fidelis Inc., once the nation's largest provider of after-market auto warranties but now embroiled in bankruptcy, is challenging the Maryland Attorney General's order that it pay more than $25 million in restitution and penalties.
Updated: 09/06/2011 07:09P
Bond market skeptical; Jeld-Wen says deal on track
(AP) — 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 07:09P
A Third Solar Company Files for Bankruptcy
One of those workers filed a class-action lawsuit against the company in the bankruptcy court, accusing Solyndra of violating the federal law that requires larger companies to give 60 days' notice of layoffs.
Updated: 09/06/2011 07:01P
Norway freezes aid to Afghanistan over corruption
Oslo will block payment of the funds until the International Monetary Fund (IMF) and Afghan authorities reach an agreement resolving the crisis plaguing Kabul Bank, the biggest private bank in Afghanistan now on the verge of bankruptcy after its
Updated: 09/06/2011 06:55P
Vacation now! LA Times employees lose control of their time off
This move is happening in the wake of the LAT's owner, Tribune, asking its bankruptcy court judge to authorize between $16.4 million and $42.5 million in — and unfortunately there's no other word for them — performance bonuses for company management.
Updated: 09/06/2011 06:54P
Court rules against Wolf Mountain again
That ruling in a complicated legal case involving the Wolf Mountain Resorts, Osguthorpe family and American Ski Company Utah, Inc. calls on Wolf Mountain to pay legal costs despite its ongoing bankruptcy proceedings in California.
Updated: 09/06/2011 06:53P
Chrysler makes changes to board; 2 appointments, 3 resignations
Kidder and Stuart were among the board members appointed by the US Treasury in June 2009 when Chrysler emerged from Chapter 11 bankruptcy. Gosbee was appointed to Chrysler's board by Canada and Ontario. At the time, Chrysler owed money to the
Updated: 09/06/2011 06:53P
Morgan Stanley: General Motors is No. 1 auto stock pick
Post-bankruptcy GM is shunning debt and holding onto cash, saying it will decide what to do with some of its $33.8 billion hoard once the economic environment stabilizes. Any payment to its pension fund or as a shareholder dividend would come only if
Updated: 09/06/2011 06:49P
Solar Equipment Maker Solyndra files for Bankruptcy
Solyndra, the company the White House highlighted in its efforts to push for cleaner energy technology, has filed for Chapter 11 bankruptcy protection. It has laid off more than 1000 full-time and part-time workers and increased the Republican's
Updated: 09/06/2011 06:44P
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