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Rumford mill's parent company files for Chapter 11 bankruptcy protection
AP RUMFORD, Maine — The parent company of the paper mill in Rumford, Maine, has filed for Chapter 11 bankruptcy protection. Ohio-based NewPage Corp. said Wednesday it plans to operate as usual during bankruptcy proceedings and has commitments for $600
Updated: 09/07/2011 01:44P
USW Prepares to Assist Members at NewPage Following Company's Bankruptcy Filing
7, 2011 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) released the following statement today after being notified that NewPage Corp., the largest North American maker of coated papers, filed for bankruptcy six years after being bought by
Updated: 09/07/2011 01:41P
Awesome Stuff from the 1990s: Weird VHS Mixtape from SF's Defunct (Colossal
7 2011 at 10:30 AM Founded in 1976, the parenthetically named (Colossal) Pictures was a San Francisco production company which filed for Chapter 11 bankruptcy in 1997 before finally going kaput in 1999. Around that time, a former employee gave me a
Updated: 09/07/2011 01:37P
Gavin Hewitt
Bailouts have proved the main strategy in rescuing countries facing bankruptcy. If the court had ruled against future rescues it would have caused an earthquake in the eurozone. But the court wanted to make clear it hadn't issued a blank cheque for
Updated: 09/07/2011 01:36P
Do investors need to fear September?
The 1929 collapse started in September, and more recently, there was the bankruptcy of Lehman Brothers in September 2008, which triggered the latest financial crisis. After a lousy August, investors have good reason to be nervous.
Updated: 09/07/2011 12:48P
New Page Corp. Files for Bankruptsy Protection
By KBJR News 1 NewPage Corp., owner of a Duluth paper mill and paper recycling plant, filed for Chapter 11 bankruptcy protection today. The company said it plans to restructure and will continue to operate all of its US plants.
Updated: 09/07/2011 12:47P
Saab Auto runs out of cash, seeks protection from creditors
7 (Bloomberg) -- Saab Automobile, the 64-year-old Swedish carmaker that halted production in June, applied for protection from creditors in a bid to raise money to restart operations and avoid a bankruptcy petition by unions.
Updated: 09/07/2011 12:47P
BP Still Struggling With Deepwater Horizon Oil Spill Aftermath
The explosion not only caused massive environmental damage, but it also put the oil giant on the brink of bankruptcy. The accident cost the then-CEO Tony Hayward his job. Deepwater Horizon accident is now considered to be second biggest environmental
Updated: 09/07/2011 12:44P
Kunio / Renegade Reborn on 3DS
This series, which includes such famous games as Super Dodge Ball, River City Ransom and the woefully underrated Crash 'n the Boys Street Challenge, has been trucking along ever since, surviving not only the bankruptcy of its creator Technos Japan but
Updated: 09/07/2011 12:43P
Why is the Government Destroying Our History?
The US National Archives and Records Administration (NARA) said it will destroy millions of federal court records and bankruptcy files from 1970 through 1995 but will hold those records the government deems “historically valuable.” Ummm, WHAT?
Updated: 09/07/2011 12:41P
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