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Business News: Friendly's Shuts 30 Sites
Friendly's closed over 60 restaurants and eliminated 1200 jobs on Tuesday and decided to file for Chapter 11 bankruptcy. The chain closed 30 Massachusetts locations. [WCVB] Massachusetts will pay some new unemployment recipients up to $653.
Updated: 10/05/2011 01:36P
Team Bondi Closes Its Doors
Reading like a case out of LA Noire involving disgruntled employees, shady work conditions, and bankruptcy, Team Bondi is closing its doors in the end. In a bizarre twist of events following the successful release of LA Noire, Team Bondi is shutting
Updated: 10/05/2011 01:35P
Friendly's files for Ch. 11 bankruptcy protection; see list of closed locations
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. The 76-year-old company known for its ice cream and hamburgers says the economic downturn
Updated: 10/05/2011 01:34P
Storrs location among 63 Friendly's closings
A Friendly's Ice Cream Corp. store in Storrs is among seven Connecticut locations being closed by the company as part of a restructuring that involves a Chapter 11 bankruptcy filing. Massachusetts-based Friendly's made the filing today,
Updated: 10/05/2011 01:34P
Friendly's Files For Chapter 11 Bankruptcy, Closing Seven Connecticut Restaurants
Services via COMTEX) -- Friendly's, the restaurant chain known for its ice-cream products and specialty sundaes, closed 63 underperforming stores, including seven in Connecticut, as it filed for Chapter 11 bankruptcy protection Wednesday.
Updated: 10/05/2011 01:30P
Elevation Chandler a shell of an idea
Since construction stopped on Elevation Chandler, efforts to salvage and beautify the site have hit one roadblock after another, including a stubborn owner, his bankruptcy, an economy in the tank, a trustee sale rife with errors and resulting lawsuits.
Updated: 10/05/2011 01:29P
AMR Shares Bounce Back Tuesday
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 01:29P
CDCS Software Trading Halted; Files For Bankruptcy (CDCS)
As of 1:06 PM EST, CDCS Software (NASDAQ:CDCS) trading was halted, single stock circuit breaker and according to Bloomberg the company files for bankruptcy protection. Keep it up here to the Financial News Network for more updates on this story.
Updated: 10/05/2011 01:27P
Friendly's to Close 63 Restaurants, 3 in Maine
The parent company of the Friendly's restaurant chain has closed 63 of its stores, including three in Maine, ahead of filing for Chapter 11 bankruptcy protection. The company confirmed the Friendly's in Freeport, Ellsworth and Lewiston have shut down.
Updated: 10/05/2011 01:26P
Rothstein bankruptcy attorneys vs. Don King
'I am so happy my friend Scott Rothstein of Rothstein Rosenfeldt Adler Attorneys at Law has come on board as a sponsor, bringing his prestige and sparkling brands," the big-haired one wrote in promo material. Now, the bankruptcy attorneys want that
Updated: 10/05/2011 01:24P
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