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Swedish automaker Saab files for bankruptcy protection
AP STOCKHOLM (AP) — The owner of cash-strapped car maker Saab filed for bankruptcy protection on Wednesday in a last-ditch attempt to salvage a brand crippled by production stoppages, withheld salary payments and mounting debt.
Updated: 09/07/2011 06:30A
Greek Debt Swap Take-Up at 75 Percent: Report
Greece last month turned the screws on investors, saying it may not go ahead with the debt swap—a key part in a second bailout package to stave off the country's bankruptcy—if holders of less than 90 percent of the bonds take part.
Updated: 09/07/2011 06:28A
Engineering union waits on Saab Court decision
Saab's main engineering union is waiting for a District Court in Sweden to pronounce on the automaker's application for voluntary reorganisation later today (7 September) before it decides whether or not to proceed with a bankruptcy claim.
Updated: 09/07/2011 06:27A
Saab News: Woes continue with bankruptcy protection move
Now today we have some more Saab news as its woes continue with bankruptcy protection move. The company filed for protection from creditors as it bids to raise money to resume production. The bankruptcy filing was made today at the Vaenersborg District
Updated: 09/07/2011 06:25A
Swedish carmaker Saab files for bankruptcy
STOCKHOLM - The owner of cash-strapped car maker Saab filed for bankruptcy protection on Wednesday in a last-ditch attempt to salvage a brand crippled by production stoppages, withheld salary payments and mounting debt. Swedish Automobile, formerly
Updated: 09/07/2011 06:18A
Solar-power debacle spotlights Obama's folly
On Wednesday, Solyndra announced it was shuttering its remaining Fremont factory, laying off 1100 workers and filing for bankruptcy. It was a sorry day for the Bay Area. I remember the day Obama came, May 26, 2010, vividly. Then-Gov.
Updated: 09/07/2011 06:16A
NewPage Corporation Launches Process to Restructure Debt and Position Overall
The cases are pending in the United States Bankruptcy Court for the District of Delaware. The company's Consolidated Water Power Company subsidiary is not part of the filing. Separately, the company's Canadian subsidiary, NewPage Port Hawkesbury Corp.,
Updated: 09/07/2011 06:03A
NewPage Port Hawkesbury files for bankruptcy
Beginning of Story Content NewPage Port Hawkesbury Ltd. has filed for bankruptcy protection.NewPage Port Hawkesbury Ltd. has filed for bankruptcy protection. (CBC) The NewPage Port Hawkesbury Ltd. mill has filed for bankruptcy protection,
Updated: 09/07/2011 05:59A
Real estate survey 2011: Can commercial real estate keep going up?
THREE YEARS ON from the Lehman Brothers bankruptcy, it is safe to say that the deluge of commercial real estate (CRE) bargains that investors had expected from stricken banks in the US and Europe will not materialize. Although the stand-off between
Updated: 09/07/2011 05:50A
Saab Files for Court Protection While It Awaits Chinese Cash
Unions have been considering a legal challenge that could have led the company into bankruptcy. Unions said the legal maneuver Wednesday would forestall their action. “A reorganization would be much quicker than a bankruptcy process in ensuring that
Updated: 09/07/2011 05:45A
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