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FBI raids Fremont solar-panel manufacturer
(KABC) -- Solar-panel manufacturer Solyndra, based in Fremont, is being investigated by the FBI after receiving $500 million in federal loans and then filing for bankruptcy. Agents swarmed Solyndra Thursday on the heels of last week's filing.
Updated: 09/09/2011 12:57A
AP International NewsBrief at 12:32 am EDT
(AP) _ FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Blue-jacket-clad agents swarmed the
Updated: 09/09/2011 12:49A
The President's Argonaut
The FBI raid followed the filing of Solyndra's bankruptcy yesterday. US President Barack Obama tours Solyndra, Inc., a solar panel manufacturing facility in Fremont, California May 26, 2010. Subscribe to The Economic Monitor to get the day's most
Updated: 09/09/2011 12:45A
FBI Raid on Solyndra May Herald Escalation of Watchdog Probe
“President Obama's signature green jobs program went from a darling of the administration, to bankruptcy, to now the subject of an FBI raid in a matter of days.” Friedman, a watchdog within the Energy Department, said in a March report that a lack of
Updated: 09/09/2011 12:34A
DoJ Conditionally Clears Cumulus Media-Citadel Broadcasting Deal
DoJ noted that the originally proposed deal would substantially lessened competition for radio advertising in Flint, Michigan, and Harrisburg-Lebanon-Carlisle, Pennsylvania. "The divestitures required by the consent decree will enable radio advertisers
Updated: 09/09/2011 12:26A
Business Briefs: Wal-Mart to bring back holiday layaway service
FBI agents executed search warrants Thursday at the headquarters of California solar panel manufacturer Solyndra, which received more than $500 million in federal loans before filing for bankruptcy last week. Agents swarmed the company's headquarters
Updated: 09/09/2011 12:25A
Honolulu hotel owner evicts Marriott operators
M Waikiki LLC filed for Chapter 11 bankruptcy protection on Aug. 31, claiming it had between $100 million to $500 million in both assets and debts. As part of the bankruptcy filing, the company said it brought in a new management company to operate the
Updated: 09/09/2011 12:24A
Court denies bankruptcy protection for Saab
AP STOCKHOLM — Troubled automaker Saab 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 Swedish brand,
Updated: 09/09/2011 12:20A
FBI agents execute search warrants at Solyndra
(KGO) -- The FBI swarmed the Fremont headquarters of the solar company that announced its bankruptcy last week. The feds aren't saying much about why they're investigating Solyndra, but it is know that several government agencies were involved in
Updated: 09/09/2011 12:19A
Borders' flagship Ann Arbor store to close Monday
Ann Arbor-based Borders Group filed for protection in the US Bankruptcy Court in the Southern District of New York in February, brought down by tough competition and an inability to adapt to consumers' increasing appetite for e-books.
Updated: 09/09/2011 12:10A