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Surprise! A Buick that's fun to drive
So what's the first thing Buick did in fall, 2009, just months after Buick ended its long-time sponsorship of Tiger Woods, with GM's first all-new vehicle since it emerged from bankruptcy protection that summer? Introduce a second full-size Buick sedan
Updated: 09/08/2011 02:02A
John Paton to run 2 major newspaper chains (Updated
Like other newspaper publishers, Affiliated had borrowed heavily before Internet competition and the recession ate away at advertising revenue, making it difficult to repay loans. Affiliated emerged from bankruptcy protection two months later with its
Updated: 09/08/2011 01:54A
The Price of Lost Chances
In 2004, when he was arguably still capable of initiating another devastating attack on the United States, Osama bin Laden released a video gloating about his plan of “bleeding America to the point of bankruptcy.
Updated: 09/08/2011 01:52A
Owner of Duluth paper mill files for bankruptcy
Ohio-based NewPage Corp., which owns the West Duluth paper mill and is the largest North American maker of coated papers, filed for bankruptcy Wednesday. Plumes of steam billow in the wind from the NewPage paper mill in Duluth.
Updated: 09/08/2011 01:30A
Saab seeks shelter from lenders
AP Cash-strapped carmaker Saab filed for protection from creditors in Sweden on Wednesday to conserve its resources until investments pledged by Chinese partners come through. Swedish Automobile NV, a Dutch firm formerly known as Spyker Cars,
Updated: 09/08/2011 01:14A
Newspaper firm files Chapter 11
Western Communications, the parent company of the La Grande Observer and Baker City Herald, filed for Chapter 11 bankruptcy in federal court in Portland on Aug. 23, citing difficulty renegotiating $18 million in loans with Bank of America.
Updated: 09/08/2011 01:11A
Madoff, LA Dodgers, Lehman, Borders, PJ Finance: Bankruptcy
Three judges on the appeals court ruled in August that the bankruptcy judge was correct in disregarding bogus account statements showing fictitious profits and securities never actually purchased. The circuit court said that customers' claims must be
Updated: 09/08/2011 01:08A
Lasting economic costs of 9/11 seen in bloated deficits
"Obviously the security regime that was put into place has dampened demand for air travel," says David Swierenga, a consultant with AeroEcon in Round Rock, Texas. "Travel is more expensive because of that, and also there's the hassle factor.
Updated: 09/08/2011 01:03A
Paying The Bills
''Real estate taxes come first,'' he said. ''There is a priority scheme of who will get paid. That is something we cannot deviate from. The bank is a secured creditor. Taxes are a lien. They come before the bank.'' How the rest of the money will be
Updated: 09/08/2011 12:52A
Firefighters called out twice to rubber recycling business
The owner of Rubber One Recycling, Tim Smith, declared bankruptcy on Aug. 3 owing more than $100000 in property taxes along with an outstanding city water bill of more than $50000. The city considered cutting off water to two mobile home parks,
Updated: 09/08/2011 12:49A
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