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JK Harris & Company File For Bankruptcy
JR Harris & Co. filed for bankruptcy on Friday following a class action lawsuit that would force the company to pay $4 million and a settlement claim owed to the Texas attorney general's office for $1.1 million after they ruled that the company had
Updated: 10/09/2011 11:42A
Friendly's Will Close Ice Cream Shops Across The Nation
Friendly's closes 63 stores as the ice cream chain files for bankruptcy. Friendly Ice Cream Corp., a family restaurant chain suffered from a bad economy and changing customer tastes. The restaurant chain said it closed 63 of its stores in its nearly
Updated: 10/09/2011 11:41A
Issa: Interference on Solyndra
says his House panel is investigating whether there was "political interference" by the Obama administration to prop up Solyndra when it was clear the company was on the verge of bankruptcy. The chairman of the House Oversight and Government Reform
Updated: 10/09/2011 11:31A
Greek Bankruptcy Not Cheaper Than Rescue, Barroso Says: Report
(RTTNews) - A default by Greece is not, by any means, cheaper than its rescue, European Commission President Jose Manuel Barroso was quoted as saying by Bild-Zeitung on Sunday. If Greece defaults, there is a bigger risks that the crisis will spread to
Updated: 10/09/2011 11:06A
GM CEO Dan Akerson talks Chevy Volt, Steve Jobs, bankruptcy and Detroit in
Akerson said the company's European car business, Opel, is not for sale. It's been just over a year since Dan Akerson took over the reins of General Motors Co. from Ed Whitacre. However, there are many more things GM needs to accomplish,
Updated: 10/09/2011 11:04A
At 82, Albert Boscov gets stage fright over opening
Manhattan real estate magnate Steven Roth, chairman of Vornado Realty Trust and part owner of the mall, rang Albert Boscov about six months ago with an invitation for Boscov's to return to the 279000-square-foot anchor space it had abandoned.
Updated: 10/09/2011 11:00A
CHINESE TARIFFS TO WIPE OUT US CHICKEN EXPORTS
The Chinese government spent more than $30 billion last year alone to subsidize the nation's solar energy industry, allowing Chinese firms to dump cheap solar panels on the US market and send their American competitors into bankruptcy.
Updated: 10/09/2011 10:47A
Emails released in energy company probe
WASHINGTON — The White House, under fire over loan guarantees to a solar energy company that filed for bankruptcy, sent 2000 pages of email communication to Capitol Hill late Friday afternoon, according to a source familiar with the congressional
Updated: 10/09/2011 08:48A
Hospital likely to stay open Sale moving forward; bankruptcy settlement approved
The agreement between Hudson Healthcare Inc. and the creditors is for $10.2 million on approximately $34 million in claims. The settlement means that creditors, including local vendors, will receive approximately 30 percent of what they are owed.
Updated: 10/09/2011 08:21A
bizblog john kostrzewa
During his trip to Pittsburgh, Governor Chafee learned about the collaboration of business, hospital and university leaders to rebuild the old steel city. But he may not have heard about another key component of economic development: charitable
Updated: 10/09/2011 08:16A
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