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Friendly's Restaurants Files for Bankruptcy
The 76-year-old company known for its ice cream and hamburgers says the economic downturn coupled with higher costs and high rents drove it to file for bankruptcy protection. Friendly's was founded by Prestley and Curtis Blake, brothers who started a
Updated: 10/05/2011 10:23A
American Airlines avoided bankruptcy court, but now is weaker than rivals that
By AP, NEW YORK — American Airlines' CEO is proud that his company, unlike its biggest rivals, avoided the bankruptcy process to remake itself. Investors aren't so sure. As the economic outlook darkens, the airline industry is bracing for trouble.
Updated: 10/05/2011 10:18A
Friendly's Files Chapter 11; Local Restaurants Stay Open
Friendly Ice Cream Corp. of Wilbraham has filed for Chapter 11 bankruptcy protection. The move has been expected for weeks as the 76-year-old chain has struggled with rising costs and the economic recession. The company's closed 63 "underperforming"
Updated: 10/05/2011 10:17A
Daily Feed: Is Friendly's On Its Way Out?
The company filed for Chapter 11 Bankruptcy Protection this morning. “They kind of look a little rundown,” Abby Emara, 57, says. “I mean, you get a sticky feeling when you go in there. Your elbows stick to the table.” Come on, Abby, that's part of the
Updated: 10/05/2011 10:16A
Friendly, Chef Solutions, WaMu, Madoff, NewPage: Bankruptcy
(This report contains items about companies both in bankruptcy and not in bankruptcy. Updates Borders and adds Friendly Ice Cream as first item; Washington Mutual, Madoff and NewPage in Updates; General Maritime in Watch List;
Updated: 10/05/2011 10:16A
NC high school juniors will take college exam
AP News NEW YORK (AP) -- The parent of the Friendly's restaurant chain is filing for Chapter 11 bankruptcy protection and says it has already closed 63 of its stores. ... Apple iPhone 5 will have to wait a little longer. FRESNO, Calif.
Updated: 10/05/2011 10:13A
BC-AS--Indonesia-Pig-Nose Turtles, 1st Ld-Writethru,0122
AP News NEW YORK (AP) -- The parent of the Friendly's restaurant chain is filing for Chapter 11 bankruptcy protection and says it has already closed 63 of its stores. ... Apple iPhone 5 will have to wait a little longer. FRESNO, Calif.
Updated: 10/05/2011 10:13A
BC-US--Cancer Shooting,127
AP News NEW YORK (AP) -- The parent of the Friendly's restaurant chain is filing for Chapter 11 bankruptcy protection and says it has already closed 63 of its stores. ... Apple iPhone 5 will have to wait a little longer. FRESNO, Calif.
Updated: 10/05/2011 10:13A
Survey shows surge in planned job cuts
AP News NEW YORK (AP) -- The parent of the Friendly's restaurant chain is filing for Chapter 11 bankruptcy protection and says it has already closed 63 of its stores. ... Apple iPhone 5 will have to wait a little longer. FRESNO, Calif.
Updated: 10/05/2011 10:13A
Europe's debilitating deja vu
When the 54-year-old politician made his debut at an emergency meeting of eurozone finance ministers on June 19, his country was teetering on the brink of bankruptcy and desperate for more aid to avoid default. The burly constitutional lawyer began his
Updated: 10/05/2011 10:12A
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