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RETAIL: New GM for Montclair Plaza
Both were returned to lenders last spring following General Growth's bankruptcy reorganization and placed under the management of Cushman & Wakefield. Lewis also previously served as general manager of the now-defunct Redlands Mall, another former
Updated: 09/09/2011 12:10A
400 workers getting the ax at FairPoint
FairPoint Communications is cutting 400 jobs, about 10 percent of its workforce, as it continues to struggle financially after emerging from bankruptcy. Company officials notified employees Thursday that about 130 people in Maine
Updated: 09/09/2011 12:09A
Michigan Should Lower its Renewable Portfolio Standard Requirements to Zero
The recent bankruptcy of Massachusetts-based Evergreen Solar and the closing of its Midland, Mich., plant raise a cautionary flag. Subsequently a California company, Solyndra LLC, shut down with bankruptcy intentions and a reported job loss of 1100.
Updated: 09/09/2011 12:06A
US Senator Urges Obama to Limit Imports of Chinese Solar Panels
Just last week, California-based solar panel manufacturer Solyndra filed for bankruptcy, in part due to heavy competition from Chinese producers. It is the third US-based solar panel maker to seek bankruptcy protection. Wyden reminds Mr. Obama that he
Updated: 09/09/2011 12:05A
KWSB moving towards bankruptcy: Farid
Karachi—Managing Director (MD), Karachi Water and Sewerage Board (KWSB), Misbahuddin Farid, has said that KWSB is moving fast towards bankruptcy. He urged the government to come forward and help KWSB by providing funds for necessary expenses.
Updated: 09/09/2011 12:03A
FBI raids Obama-touted firm that received federal loan aid
FBI agents executed search warrants on 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: 09/09/2011 12:00A
Solar stimulus
Solyndra was the first company to be awarded a federal loan guarantee under the stimulus, worth $535 million. Taxpayers are likely to end up on the hook for much if not all of that amount -- a highly embarrassing development for President Obama,
Updated: 09/09/2011 12:00A
Christiansburg couple buys 7 community newspapers with $1.43 million bid
A Christiansburg couple placed a winning bid of $1.43 million to buy seven Roanoke-region Virginia newspapers and a press facility at a bankruptcy auction. But because they did not have to buy the debt, the soon-to-be new owners expect
Updated: 09/08/2011 11:57P
Nation Digest: FBI searches solar firm that got US loan guarantees; 1200
FREMONT — FBI agents executed search warrants at the headquarters of solar panel maker Solyndra, which received $535 million in federal loan guarantees from the Energy Department before filing for bankruptcy last week. The search came as Republicans on
Updated: 09/08/2011 11:43P
PM Bay Area Buzz: Peninsula animal care center to open this weekend; Feds
Federal agents searched Solyndra's Fremont headquarters Thursday, just days after the high-profile solar manufacturer filed for bankruptcy protection and a week before its top executives are expected to testify before Congress.
Updated: 09/08/2011 10:35P