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Milacron profitable after emerging from Chapter 11
Sales are growing at Milacron, two years after the maker of plastics machinery emerged from Chapter 11 bankruptcy. The Cincinnati-based company is profitable, officials said. This year, Milacron leaders expect sales to
Updated: 09/29/2011 06:24A
Philadelphia Orchestra, Philly Pops sever ties
AP PHILADELPHIA—A federal bankruptcy judge has approved an agreement allowing the Philadelphia Orchestra and the Philly Pops to end their six-year business relationship. The Philadelphia Inquirer reports a judge approved the agreement on Wednesday as
Updated: 09/29/2011 06:21A
Germany's solar industry loses its shine
Instead, the sector is doing poorly, generating plenty of talk of bankruptcy and lay-offs. Managers have found someone to blame: China. German producers of solar cells and modules have performed poorly this year. Hamburg-based Conergy and former top
Updated: 09/29/2011 06:07A
European Confidence Drops In Sep, Eyes On German Vote
Business climate indicator slipped to -0.06 from 0.06. German business confidence fell to 107.5 points in September from 108.7 in August. In fact, the escalating European debt crisis along with the slowdown in global growth has negatively affected
Updated: 09/29/2011 06:04A
OC bankruptcies hit new high for August
The struggling real estate market continues to impact both consumers and businesses. One business bankruptcy in August was National Tax Data in San Juan Capistrano, which provides property tax information for real estate transactions.
Updated: 09/29/2011 06:03A
Meet the law firm guiding Peninsula's
Hired as bankruptcy counsel for Peninsula Hospital, Abrams Fensterman got its first local hospital Chapter 11 case since it added a bankruptcy department less than a year ago. That means the law firm joins the ranks of firms acting as debtors' counsel
Updated: 09/29/2011 06:00A
Peninsula Hospital's new CEO calls for stabilizing and transforming care facility
Robert Levine is the former CEO of the Peninsula Hospital, which is undergoing a financial restructuring in bankruptcy court. As Peninsula Hospital's new ownership tries to stabilize the facility's finances in bankruptcy court,
Updated: 09/29/2011 05:15A
Sevan 'in talks with buyer'
Floundering Norwegian floater contractor Sevan Marine is reported to be in talks with a potential buyer for its assets as it tries to hammer out an eleventh hour solution to avert bankruptcy. Sevan, which is crippled by bondholder debts,
Updated: 09/29/2011 05:05A
Union approves four-year contract with GM
Workers represented by the United Auto Workers union approved Wednesday a four-year labour contract with General Motors Co., the first such deal for the top US automaker since its 2009 bankruptcy. Ratification of the GM deal, which covers 48500 hourly
Updated: 09/29/2011 04:53A
Milacron sales continue to climb
Sales are growing at Milacron, two years after the maker of plastics machinery emerged from Chapter 11 bankruptcy. The US-based company is profitable, officials said. This year, Milacron leaders expect sales to reach
Updated: 09/29/2011 04:47A
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