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New Philadelphia Orchestra labor contract being considered by musicians
The deal, mediated under the supervision of Stephen Raslavich, chief judge of US Bankruptcy Court for the Eastern District of Pennsylvania, knocks salaries down several rungs, reduces the size of the ensemble and moves musicians from a defined benefit
Updated: 10/12/2011 10:30P
Properst to Quadruple Property Projects as Revival Process Ends
Oct. 13 (Bloomberg) -- Properst Co., a Japanese condominium builder which is emerging from bankruptcy, plans to quadruple the number of residential projects in Tokyo this year as part of efforts to boost profit.
Updated: 10/12/2011 10:26P
The 20 Best Values in Tech Hardware
Companies can trade at dirt cheap prices for a number of dire reasons, including low growth prospects, skepticism about earnings, or high risk of bankruptcy. These dangerous stocks can quickly crater. Buy too many of them, and you'll increase your own
Updated: 10/12/2011 10:16P
The Walking Dead Will Kill Your Portfolio
Furthermore, FINRA reminds investors that holding shares of any company involved in bankruptcy, or buying shares in a bankrupt company in the hope that those shares will surge in value down the road, are highly risky courses of action and can lead to
Updated: 10/12/2011 10:06P
Bankruptcy Lawyer Weighs In On Harrisburg's Pending Bankruptcy
Bankruptcy should also stop any legislative effort to approve a state takeover and the sale of city assets, Chernicoff said. "Federal bankruptcy code is a federal statute,” he said. “It preempts state law to that extent. I believe it will prevent a
Updated: 10/12/2011 09:49P
Life-and-death power of AIDS funding
These are people with families and jobs — productive citizens. But they lack health insurance. And they don't make enough to afford lifesaving drugs. Continue Reading Text Size - + reset POLITICO 44 Some have died waiting.
Updated: 10/12/2011 09:32P
Cleaning up the Cleantech Economy
Does Solyndra's bankruptcy belie the clean technology sector? Green energy has gotten a black eye but as pioneering tools exit the queue, it will rebound. Before the era of 'win-at-all-cost,' public policy largely endorsed loans and other incentives
Updated: 10/12/2011 09:15P
What Harrisburg Bankruptcy May Mean
“Bankruptcy is probably the best option for the City of Harrisburg,” said Matt Taylor of Taylor Retirement Services. Since Tuesday's Harrisburg City Council vote to move forward with a bankruptcy filing, Taylor's phone has been ringing off the hook
Updated: 10/12/2011 09:13P
Harrisburg, Pennsylvania's capital, files for bankruptcy
The city of Harrisburg, Pa., filed for bankruptcy Wednesday, which supporters characterized as the only alternative to a state takeover that would force the city to use its most lucrative assets to pay off Wall Street creditors.
Updated: 10/12/2011 09:11P
PML-N govt's actions bankrupted country in 1999, claims APML
LAHORE – All Pakistan Muslim League (APML) has claimed that PML-N government actions in 1999 drifting the country to a bankruptcy, which compelled Pervez Musharraf to intervene to save the country from complete destruction.
Updated: 10/12/2011 09:01P