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NewPage paper company files for bankruptcy
The company said Wednesday it expects to continue operating its US business as usual and has commitments for $600 million in financing led by JP Morgan. A statement from NewPage's Miamisburg, Ohio, headquarters says it expects to emerge as a
Updated: 09/07/2011 10:37A
With foreign coffeehouses absent, Lithuanian takeout coffee chains muscle up
TASTES GOOD TOO: Vytautas Kratulis says that fancy advertising is distorting the marketplace for just good, delicious coffee. KLAIPEDA - When most coffee lovers in the developed world roast and grind coffee beans in search of a
Updated: 09/07/2011 10:35A
MJ: The State of Michigan's Excellent Year
Unemployment numbers hover above 15 percent, two automakers are trying to scramble out of bankruptcy, and Detroit, well, just Detroit in general. But just when you think the 26th state is about to slowly side into the abyss, it totally redeems itself.
Updated: 09/07/2011 10:35A
Saab Reorganizes, Buick Prices Verano, Jaguar C-X16 Bows: Car News Headlines
How is this different from a bankruptcy? That's what they did last time. [MotorAuthority] The 2012 Buick Verano has been priced from $23470. [FamilyCarGuide] It's getting harder to find good used cars for students. [TheCarConnection] Audi releases new
Updated: 09/07/2011 10:34A
New York Life, Insurers Fault Madoff Trustee's Treatment in Tremont Deal
While Picard's deal with Tremont protects the hedge fund's other funds by letting them recalculate claims in event of such a ruling, it doesn't protect the insurance companies, they said in a bankruptcy court filing yesterday in New York.
Updated: 09/07/2011 10:32A
Struggling Swedish Automaker Saab Files for Bankruptcy Protection
Muller added that once the bankruptcy plan gets the green-light from Swedish officials, Saab workers will get paid courtesy of the Stockholm government's wage guarantee program. However, the company would appear to have a very bleak future – unable to
Updated: 09/07/2011 10:29A
NewPage files for Chapter 11
ESCANABA - NewPage Corp. has begun filing voluntary cases for its US businesses under Chapter 11 of the United States Bankruptcy Code. According to officials, the filing will enable
Updated: 09/07/2011 10:27A
New arrest in hacking probe
Swedish car maker Saab is filing for bankruptcy protection. Owner Swedish Automobile, said Trollhattan-based Saab and its subsidiaries, are filing for a "voluntary reorganisation" at Vanersborg District Court. It cites Saab's limited funds and says the
Updated: 09/07/2011 10:25A
Janis Ian visits Saugautck Center for the Arts
In four decades as an artist, the singer/songwriter has endured hate mail, neared bankruptcy, been blacklisted by radio stations and innumerable other personal and professional maladies. After each hiccup, Ian forcefully reclaimed her career with
Updated: 09/07/2011 10:23A
NewPage Corp. files for Chapter 11 Bankruptcy
MIAMISBURG, Ohio -- Paper producer NewPage Corp. said it is seeking Chapter 11 bankruptcy protection while it restructures. The Ohio-based company said Wednesday it expects to continue operating its US business as usual and has commitments for $600
Updated: 09/07/2011 10:16A
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