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American Airlines Exec Faces Critics
One analyst asked whether the carrier is considering a bankruptcy. Another wanted to know if the company is losing market share to larger competitors, Delta (DAL)and United (UAL). Still another queried that while other carriers are pulling back to the
Updated: 09/13/2011 02:27P
First a degree, then Chapter 7
As if the job market were not hard enough for recent college graduates, now comes news of another potential pitfall — bankruptcy. The number of people with bachelor's degrees filing for bankruptcy jumped more than 20 percent between 2006 and 2010,
Updated: 09/13/2011 02:26P
A look at economic developments around the globe
Merkel rejected the notion that a Greek bankruptcy - a possibility raised a day earlier by her deputy that spooked markets - would provide a quick solution to the eurozone debt crisis. ROME - Italy confirmed it held talks with Chinese officials amid
Updated: 09/13/2011 02:23P
Greek default, new crisis essential for Europe's economic recovery
Greece is on the verge of bankruptcy. This week, European Commission experts will arrive in Greece to work with its government on a new set of to help the country meet the criteria for receiving another bailout from the European Financial Stability
Updated: 09/13/2011 02:22P
Stocks rise...Europe debate...Jobs push
BERLIN (AP) — German Chancellor Angela Merkel is rejecting the notion that a Greek bankruptcy would provide a quick solution to the eurozone debt crisis. The possibility was raised yesterday by her deputy, who spooked markets.
Updated: 09/13/2011 02:21P
Bankruptcy Stalls Montgomery Mill Foreclosure
Canal Benk Realty filed for chapter 11 bankruptcy in federal court on Sept. 9, the day before the scheduled sale, said Rothauser, the attorney appointed by the court to handle the sale. Rothauser said that filing for bankruptcy places an automatic stay
Updated: 09/13/2011 02:20P
It is Time to Get It Right
It has driven all US auto companies, except Ford, either out of the business or into bankruptcy. The adversarial relationship between UAW and the auto makers has existed since the formation of the UAW in the early years of the auto industry.
Updated: 09/13/2011 02:20P
Associated Grocers of Maine denied bankruptcy protection
A bankruptcy judge recently tossed the case filed on behalf of the Associated Grocers of Maine, saying the distributor cannot repay its creditors or its former employees. A bankruptcy judge recently tossed the case filed on behalf of
Updated: 09/13/2011 02:13P
Bankruptcies Among Edumacated Americans Up 20 Percent
College graduates and Americans with advanced degrees are filing bankruptcy more often, according to a report published today by the Institute for Financial Literacy. But even though bankruptcy filings by degreed persons increased 20 percent since the
Updated: 09/13/2011 02:13P
Are you getting the same feeling I am?
I'm getting the sense that Geithner is being brought in by the EU to help them avoid the pitfalls that the US experienced when it allowed Lehman to fall into an uncontrolled bankruptcy.
Updated: 09/13/2011 02:10P
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