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Greek strike grounds flights, shuts schools
We'd be willing to shoulder the cost and say 'yes' to austerity if they proceeded with reforms that would create jobs instead of cutting them." About 1000 police will be deployed in central Athens throughout the day, a police official said,
Updated: 10/05/2011 04:08A
Egypt- Al-Baradei warns of Egypt's bankruptcy
(MENAFN - Youm7) Egyptian presidential candidate, Mohamed el-Baradei, warned of the current economic situation and said, "if the economic situation continued within the current state of instability, Egypt will announce bankruptcy in the next six months
Updated: 10/05/2011 04:07A
Greeks strike over austerity
Airliners will be grounded, trains halted and tax offices shut when Greek state workers strike against austerity measures today, defying a plea by the government to rally behind its effort to fend off national bankruptcy. Some state schools will close
Updated: 10/05/2011 04:06A
Bankruptcy judge approves Tribune Co. bonus plan, says he's closer to a
s bankruptcy proceeding said Tuesday that he hopes to issue a decision "soon" in the nearly 3-year-old case. The prediction, though vague, represented US Bankruptcy Judge Kevin Carey's first indication on the timing of a decision since he began
Updated: 10/05/2011 04:01A
Dexia sees history repeating after three years
After avoiding bankruptcy in autumn 2008 thanks to state aid from the Belgian, French and Luxembourg governments, Dexia pledged to sort out its balance sheet and reduce part of the short-term financing which had been the cause of its serious liquidity
Updated: 10/05/2011 03:58A
Property related bankruptcies rise 11% as economy slows
The number of real-estate and construction companies seeking bankruptcy in England and Wales rose by 11% in Q3 as budget cuts and economic uncertainty led to cancelled projects, Deloitte LLP said. A total of 117 property companies and builders went
Updated: 10/05/2011 03:58A
Casa Bonita's parent company files for bankruptcy protection
Star Buffet, the parent company of Lakewood's Casa Bonita restaurant, has filed for Chapter 11 bankruptcy protection. Among the company's other restaurants are seven 4B's locations, seven JB's locations, four Barnhill Buffets,
Updated: 10/05/2011 03:22A
Wells dairy farm files for bankruptcy
He said a dramatic drop in milk prices in 2009 coupled with devalued real estate triggered the bankruptcy. Two years ago, oversupply, high feed costs and other issues forced dairy farms nationwide out of business. The US Agriculture Department had to
Updated: 10/05/2011 03:21A
Hoboken University Medical Center officials, hospital's creditors and various
By Terrence T. McDonald/The Jersey Journal Officials involved in the prospective sale of Hoboken University Medical Center will meet in bankruptcy court tomorrow afternoon. Sale of the public facility to the ownership group of the Bayonne Medical
Updated: 10/05/2011 03:08A
Contract near in orchestra bankruptcy
By Peter Dobrin A breakthrough in the Philadelphia Orchestra's Chapter 11 bankruptcy case could emerge as soon as Wednesday, as management and labor try to hammer out a deal under the supervision of a US bankruptcy judge. But if a new contract does not
Updated: 10/05/2011 03:08A
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