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US Postal Service is on the verge of bankruptcy
SAN ANTONIO- The US Postal Service is on the verge of bankruptcy and says without government intervention it will be bankrupt by the end of the year. So President Obama has unveiled a plan to help cut massive financial losses with the service.
Updated: 09/20/2011 05:33P
DigiNotar: End of DigiNotar near as it files for bankruptcy
Hacked Dutch certificate authority DigiNotar on Monday filed for bankruptcy, its US authentication company parent Vasco announced. A court appointed trustee took charge of DigiNotar's operations on Tuesday, with plans to liquidate the business
Updated: 09/20/2011 05:33P
Bankruptcy puts former Amherst school property in limbo
The old Seminole Elementary School is a landmark on Phelps Road for all the wrong reasons. "It's an eyesore," said Steve Wade, who attended the school as a child and now he lives across the street. "It's been kind of rough, because you have to look
Updated: 09/20/2011 05:30P
Pang Da Bracing For Losses From Saab Partnership
Saab may be fighting for the right to receive bankruptcy protection, but Pang Da – the Chinese auto distributor seen as a key to Saab's survival – is apparently ready to write off its investment in the Swedish automaker as bad debts.
Updated: 09/20/2011 05:22P
Solyndra Breaks The Silence With A Statement
With the news today that Solyndra executives plan to plead the fifth and stay silent during hearing on the company's fall to bankruptcy, speculations ran wild on what exactly they might be hiding. In a move intended perhaps to subdue
Updated: 09/20/2011 05:22P
'Real Housewives of New Jersey's' Joe Giudice Withdraws Bankruptcy
There are new developments in the The Real Housewives of New Jersey bankruptcy case. Original cast member Teresa Giudice was surprised to find out that her husband owed over 11 million dollars due to a construction deal gone bad and poor investments.
Updated: 09/20/2011 05:19P
RHONJ's Joe Giudice Withdraws Bankruptcy Filing; Evokes 5th Amendment; Teresa
Exactly two years after filing bankruptcy in 2009, to the tune of $11 million in debt, Joe Giudice withdrew his bankruptcy filing on Monday in a New Jersey court. The NJ Star-Ledger was the first to break the shocking news regarding the Real Housewives
Updated: 09/20/2011 05:10P
California Touts the Economic Upsides of Clean-Tech Investment
The renewable standards are also closely tied to the governor's Clean Energy Jobs Plan [PDF], which has the stated goal of creating half a million jobs in the clean-tech sector over the next decade. An introduction to the plan, available on the
Updated: 09/20/2011 05:08P
New Jersey hospital's bankruptcy held up by settlement discrepancy
The latest in New Jersey's Hoboken University Hospital's bankruptcy case has creditors pursuing more than $10 million as part of a settlement that would allow for the sale of the facility, the Statehouse Bureau reports.
Updated: 09/20/2011 05:06P
Hack forces DigiNotar to bankruptcy
VASCO Data Security International said its Netherlands-based unit DigiNotar filed for voluntary bankruptcy under Article 4 of the Dutch Bankruptcy Act, after hackers stole security certificates. The court declared DigiNotar bankrupt and appointed a
Updated: 09/20/2011 05:03P
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