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In patent wars, the casualty is progress
OTTAWA — A small item in a new Nortel Networks bankruptcy filing shows how patently absurd the technology world has turned. Nortel revealed that it owes former Canadian engineers $285000 for
Updated: 10/04/2011 07:26P
AMR Under Pressure, But No Bankruptcy Yet
The stock bounced up 20 percent to USD$2.39 on Tuesday as the market began to shrug off the bankruptcy speculation. "The key thing is that their position is weakening faster than anyone else's," said Bill Warlick, analyst at Fitch Ratings.
Updated: 10/04/2011 07:23P
Stirling Energy Latest Solar Bankruptcy: what is next for U.S. solar industry
Neither of the plants were able to obtain US Department of Energy loan guarantees, even though both were sited on public land in California and received fast-track construction permits from the Obama administration. Stirling had deployed a pilot
Updated: 10/04/2011 07:23P
Hometown weary but defiant as Kodak's problems worsen
There are also no signs of the traffic jams that old-timers said were once prevalent. "There's really not that much of Kodak left," said Tuni Graham, 57, who spent 10 years in Kodak's film division and now works as a bartender at the California Brew
Updated: 10/04/2011 07:17P
Real Estate Bankruptcies Rise in England, Deloitte Report Says
The number of real-estate and construction companies seeking bankruptcy in England and Wales rose by 11 percent in the third quarter as budget cuts and economic uncertainty led to canceled projects,
Updated: 10/04/2011 07:16P
Three years after closing, Boscovs returns to Monmouth Mall
The store, which first opened 10 years ago, has been closed since Boscov's filed for bankruptcy in August 2008, a victim of a deep recession that knocked down retailers. Ten stores, like the one in Monmouth Mall, went dark, leaving 39 stores total,
Updated: 10/04/2011 07:09P
Utah court looks to unravel 'legal Ponzi scheme'
Dee Allen Randall, the owner of Horizon Mortgage & Investment, Horizon Financial & Insurance Group and Horizon Auto Funding, is suspected by a US bankruptcy official of running a Ponzi scheme in which monies from new investors were used to pay earlier
Updated: 10/04/2011 07:07P
Bankruptcy talk rattles American Airlines' frequent fliers
Shares of AMR rebounded 20 percent Tuesday to $2.39 after plummeting 33 percent Monday on speculation of a possible bankruptcy filing. Many wonder what an AMR bankruptcy, if it happened, would mean for their ability to cash in these rewards.
Updated: 10/04/2011 07:05P
Over-exposed? Kodak debt mounts up as it misses digital picture
As Apple's Tim Cook was preparing to unveil its latest gadget to the gawping world, the bosses at Kodak were battling with speculation that their company is headed for bankruptcy. What use in the 21st century for the company whose rolls of camera film
Updated: 10/04/2011 07:00P
Bankruptcy filings fall 22 percent
Area residents filing for bankruptcies last month fell to 2600 from more than 3300, or 22 percent a year ago, according to data from the US Bankruptcy Court in Miami on Monday. Filings were down 3 percent since August.
Updated: 10/04/2011 06:59P
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