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Europe Banking System Needs to Be Bolstered, Soros Tells De Tijd
The European Union's banking system needs to be bolstered to protect it from a potential bankruptcy of a European nation, billionaire investor George Soros said in an interview with De Tijd.
Updated: 10/12/2011 04:55A
Business Digest: Oct. 12, 2011
Lintelle Engineering is closing its doors after 22 years of business, unable to stay afloat after Solyndra, its largest customer, filed for bankruptcy without paying Lintelle $1.9 million for products already shipped. "We gave it our best shot,
Updated: 10/12/2011 04:53A
The price of irrational exuberance
Following the high profile Chapter 11 bankruptcies of WorldCom, Kmart and General Motors, investors were still purchasing millions of shares of these troubled companies, hoping they could earn a profit when or if the firms emerged from bankruptcy
Updated: 10/12/2011 04:46A
Bank seizes campground, seeks change in county code
PRINCE GEORGE - A Blackstone bank that recently took over a 42-year-old county business that is undergoing bankruptcy proceedings has asked the Board of Supervisors to consider making a change in the county code that
Updated: 10/12/2011 04:05A
Scranton's Pennswood Manor to close, move residents
Pennswood Manor, which is licensed for 70 beds, had 37 residents last week, according to a report filed in US Bankruptcy Court for the Middle District of Pennsylvania. Meanwhile, Cedar Residence Inc., an affiliated facility in the same building that
Updated: 10/12/2011 04:05A
Strategic Bankruptcy
A couple of weeks ago I wrote a column addressing the fact that in an era of fiscal restraint, policymakers and strategists needed to think harder about US strategic priorities. One commenter stated that my piece was a slur on admirals and generals who
Updated: 10/12/2011 04:03A
Grain producer files bankruptcy petition against insurance company
A commercial court has registered an application filed by OrenburgAgro-DT, a grain producer, for the bankruptcy of VSK Insurance House, formerly known as Military Insurance Company, the court told the Russian Legal Information Agency (RAPSI) on
Updated: 10/12/2011 03:58A
Solar company progresses toward Tipton expansion despite industry woes
Abound Solar Inc. has remained adamant publicly for more than a month that it is operating smoothly and is not coping with the same struggles that led to the bankruptcy of fellow stimulus beneficiary Solyndra LLC. Abound is using a $400 million loan
Updated: 10/12/2011 03:57A
Saab rescue deal 'no longer valid'
Saab seems certain to go into bankruptcy after one of its potential investors announced today that it would no longer go through with its rescue deal. Speaking at the Global Automotive Forum in Chengdu, China, the chairman of Pangda, which had planned
Updated: 10/12/2011 03:32A
Pangda chairman says accord with Saab now void
CHENGDU Oct 12 (Reuters) - Pangda Automobile Trade Co , China's largest listed auto dealer, said on Wednesday its investment agreement with Saab had become void after the Swedish car maker sought bankruptcy protection.
Updated: 10/12/2011 03:25A
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