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FBI Executes Search Warrants at California Solar Firm Solyndra
FBI agents executed search warrants Thursday morning at the headquarters of California solar firm Solyndra, which received a $535 million loan from the federal government before filing for bankruptcy last week, FoxNews.com confirms.
Updated: 09/08/2011 01:49P
Federal agents raid bankrupt Fremont solar company Solyndra
Fremont-based Solyndra announced last week it would lay off 1100 workers and file for bankruptcy. That's a dramatic fall for a solar firm that Gov. Arnold Schwarzenegger and President Barack Obama once touted as a symbol of a growing green economy.
Updated: 09/08/2011 01:49P
Saab: A slow motion replay of the MG Rover crash? I hope I'm wrong.
It's another step on the firm's bumpy road towards bankruptcy. The fate of the firm is now effectively in the hands of its creditors, including Saab's 3500+ loyal workers, who have yet to be paid their August wages. In making the decision,
Updated: 09/08/2011 01:49P
Trial By Fire
Mark Rodriguez came to Hickory Farms from Atkins Nutritionals Inc. The low-carbohydrate diet concern promoted him to CEO shortly before filing for bankruptcy-court protection. "It was the most stressful period of my life," he remembers.
Updated: 09/08/2011 01:48P
Swedish automaker Saab loses bid for bankruptcy protection
STOCKHOLM, Sweden - Troubled automaker Saab, known for its quirky, rounded cars, moved closer to financial collapse Thursday after a Swedish court rejected its request for bankruptcy protection. The ruling by the Vanersborg District Court means the
Updated: 09/08/2011 01:48P
Saab in chaos following denial of bankruptcy protection
Saab, the Swedish carmaker, has been plunged into chaos because a local court has denied its request to seek protection from creditors, on the grounds that its rescue plan looks flawed.
Updated: 09/08/2011 01:46P
Master P Heads to Bankruptcy Court
But now he's in a financial bind and was forced to go to bankruptcy court due to a lawsuit filed by former employees. Miller was successfully sued for compensation by several members of the crew of his 2007 film 'Uncle P,' which he starred in,
Updated: 09/08/2011 01:44P
Senator urges Obama curb China solar panels
The plea came just days after solar panel maker Solyndra LLC filed for bankruptcy, becoming the third US solar firm to succumb to pressure from China in recent weeks. Solyndra said it had been unable to bring down its costs fast enough to compete with
Updated: 09/08/2011 01:42P
AUTOS: Court Rejects Saab Financial Plea
Saab said it would mount an appeal to overturn the decision, which pushes the company closer to bankruptcy. The automaker's factories have been closed since June because of supplier demands for payment for parts, and Saab's employees have not been paid
Updated: 09/08/2011 01:38P
FBI Investigates Solyndra Bankruptcy
Solyndra was once hailed by President Barack Obama as a beneficiary of his administration's investments in a green American economy. However, last week the company laid off 1100 workers and filed for bankruptcy, which is odd considering the company
Updated: 09/08/2011 01:38P
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