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Exclusive: GM, UAW chiefs meet, talks heat up
Chrysler, now controlled by Fiat Spa , was put through a US government-funded bankruptcy like GM. Talks on Tuesday between the main bargaining teams at the UAW and GM ran late into the evening and were expected to continue into the evening for the
Updated: 09/07/2011 08:07P
Solyndra may have 2 bidders
A large group from one bidder will come to the company's Fremont factory and headquarters next week, WG Stover said Wednesday at the start of Solyndra's bankruptcy in Wilmington, Del. The company, whose $535 million federal loan guarantee was
Updated: 09/07/2011 08:01P
Despite bankruptcy filing, town and mill say it's 'business as usual'
NewPage Corp. announced Wednesday that it had filed for Chapter 11 bankruptcy protection. The company owns several mills in the United States and Canada, including one in Rumford that employs about 900 people.
Updated: 09/07/2011 07:38P
NewPage Corp. Files for Bankruptcy Protection
By KBJR News 1 Duluth, MN (Northland's NewsCenter) -- The parent company of a major Duluth employer has filed for Chapter 11 bankruptcy. NewPage Corporation, which owns the NewPage Duluth paper mill and recycling plant said the filing is part of a
Updated: 09/07/2011 07:32P
GM CEO, UAW chief meet; contract talks intensify: sources
Chrysler, now controlled by Fiat Spa , was put through a US government-funded bankruptcy like GM. Talks on Tuesday between the main bargaining teams at the UAW and GM ran late into the evening and were expected to continue into the evening for the
Updated: 09/07/2011 07:29P
David Bergstein Wins in Court As Judge Refuses to Give Control of Film
In a set back for the trustee overseeing the bankruptcy case involving ThinkFilm, Capital Film and other movie companies that were overseen by David Bergstein, a federal judge on Tuesday denied motions to consolidate all of the companies and their
Updated: 09/07/2011 07:28P
US Fidelis' unsecured creditors seek to toss out Mepco's $57 million claim
The unsecured creditors in the US Fidelis Inc. bankruptcy have filed a lawsuit seeking to have a $57 million secured claim from Chicago-based Mepco Finance Corp . either thrown out or made a lower priority claim than those of the unsecured creditors.
Updated: 09/07/2011 07:28P
"Grand Theft Auto" – How Auto Dealers Fought Back and Won
As both faced bankruptcy, the Obama administration stepped in to become the owner of these companies. Among the first to discover the arrogance and ignorance of those selected to direct its Automotive Task Force were hundreds of dealerships for both
Updated: 09/07/2011 07:23P
A sale of Mission Chrysler's land is imminent
A lawyer for 35 North Property, which owns Mission's land and building, asked a federal bankruptcy judge to dismiss the company's Chapter 11 bankruptcy to facilitate a quick sale. Only the land and building were part of the bankruptcy.
Updated: 09/07/2011 07:21P
John Paton named CEO of MediaNews Group
The newspaper industry traditionally has been splintered, but there has been consolidation more recently as publishers look for efficiencies in printing, advertising sales and other costs. “The new economy favors scale and efficiency.
Updated: 09/07/2011 07:15P
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