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CBS 3 Springfield - WSHMStruggling FairPoint to lay off 400 workers
FairPoint is based in Charlotte, NC, and provides telephone and high-speed Internet services in 18 states, with nearly 1.4 million access lines. The company filed for bankruptcy in the fall of 2009, 18 months after buying Verizon's northern New England
Updated: 09/08/2011 05:03P
energyNow! Presents: Solyndra And Cliff Stearns
Controversy surrounding solar panel manufacturer Solyndra's recent bankruptcy filing just won't go away, and could imperil the White House. The company's federal stimulus loans are at the center of a widening investigation into clean-energy technology
Updated: 09/08/2011 04:57P
Feds investigate solar firm that got $535 million US loan
NEW YORK (AP) -- Want to get email on your iPhone or BlackBerry in the middle of the ocean, or in the Arctic? Now you can -- but it'll cost you. ... Internet retailers to start collecting sales taxes right away. ST. JOSEPH, Mo.
Updated: 09/08/2011 04:55P
Sawgrass Marriott about to emerge from bankruptcy, lawyer says
By Roger Bull An agreement has been reached that should get Sawgrass Marriott Golf Resort & Spa out of bankruptcy soon, according to a lawyer in the case. All three parties involved announced in US Bankruptcy Court Thursday morning that they have
Updated: 09/08/2011 04:55P
Saab bankruptcy looms as courts refuse lifeline
Unions may now press ahead with action begun after salary payments were delayed, and could force Saab into bankruptcy within days. The Swedish manufacturer was hoping to gain at least three months protection from its creditors under a 'Voluntary
Updated: 09/08/2011 04:53P
BOOK A MILLN : Agree Realty Provides Additional Information on Borders Assets
The lease for the Borders property in Columbia, Maryland, has been assigned by Borders to Books-A-Million, Inc. (NASDAQ: BAMM) pursuant to an agreement approved by the bankruptcy court on August 29, 2011. A Books-A-Million store is expected to be
Updated: 09/08/2011 04:51P
FBI raids bankrupt solar group Solyndra
Federal Bureau of Investigation agents on Thursday morning raided the offices of Solyndra, a California-based solar module manufacturer that was heavily backed by the US government but fell into bankruptcy last week.
Updated: 09/08/2011 04:48P
FairPoint Communications to cut 400 jobs, including 375 in northern New
AP PORTLAND, Maine — Telecommunications company FairPoint Communications is laying off 400 employees — about 10 percent of its work force — as it continues to struggle after emerging from bankruptcy earlier this year. FairPoint officials said Thursday
Updated: 09/08/2011 04:46P
Feds invesitgate solar firm that got $535M loan
FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loan guarantees before filing for bankruptcy last week. Agents raided the company's
Updated: 09/08/2011 04:45P
FBI Raids Bankrupt Solyndra as Lawmakers Question Finances
Solyndra filed for bankruptcy protection on Sept. 6 with liabilities of $783.8 million, after shutting its factory and firing 1100 people. The FBI search raised new questions about Solyndra and whether it misrepresented its prospects.
Updated: 09/08/2011 04:44P