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Rejected By Sprint: Clearwire's 'Do Or Die' Moment
The existence of challenges for Clearwire are no longer questioned, only the extent to which they make the 4G provider closer to bankruptcy. With 4G LTE technology being necessary to succeed in the modern mobile world, this is a "do or die" moment for
Updated: 10/16/2011 08:38A

A new chapter for Global Crossing, under a different banner
By Leslie Kwoh/The Star-Ledger It's another new chapter for Global Crossing, the once high-flying technology company that dared to spend billions on building underseas cables in the Atlantic Ocean during the dot-com bubble. After a turbulent decade,
Updated: 10/16/2011 08:33A

Editorial: A stain Alabama can't afford
It faces default on $3.14 billion in sewer construction debt and may have to seek bankruptcy protection because it doesn't have enough money to pay its day-to-day operating expenses. But some of the county's lawmakers don't want to have anything to do
Updated: 10/16/2011 08:16A

Surprise profit at UK Blockbuster
The UK arm of DVD and games rental company Blockbuster has unexpectedly recorded an annual profit after its US parent filed for bankruptcy. The chain, which has around 600 company owned stores in the UK, has reported a £1.7 million profit in the year
Updated: 10/16/2011 07:53A

Ohio bankruptcies down, but economy hasn't been improving
AP Personal bankruptcy filings dropped 10 percent statewide between June 2010 and June 2011, according to the latest figures from US Bankruptcy Court. US bankruptcy trustee Keith Rucinski told the Akron Beacon Journal that it isn't necessarily a good
Updated: 10/16/2011 06:56A

More Swiss Banks Affected by Lehman Bankruptcy, Sonntag Reports
More Swiss banks than originally indicated were affected by the bankruptcy of Lehman Brothers Holdings Inc. (LEHMQ), Der Sonntag said, citing an unpublished March 2009 report by the Swiss Financial
Updated: 10/16/2011 05:50A

Italian tour operator seeks bankruptcy protection
Like other firms in the sector, Valtur was badly hit by the global economic crisis as well as longer-term changes in how people spend their holidays that have undermined holiday village operators like Club Mediterranee in France.
Updated: 10/16/2011 05:45A

Declare Greece bankrupt, Macedonian finance minister says – reports
The European Union should declare Greece's bankruptcy official, according to Zoran Stavreski, Macedonia's finance minister and deputy prime minister, media reports from Skopje said. Macedonia and Greece share a border, currently effectively closed
Updated: 10/16/2011 04:52A

State ignores root problem for its cities
More so than most other states, Pennsylvania relies heavily on local property taxes to fund public education. That produces vast funding inequities between districts in poor and affluent areas, which adversely affect the overall quality of education.
Updated: 10/16/2011 04:10A

Davis ready to rebuild Vallejo in run for mayor
As mayor, Osby Davis has been the public face for a struggling city trying to recover from bankruptcy. Davis did not win the dubious honor easily, even after previously representing Vallejo for 14 years as a county
Updated: 10/16/2011 04:06A

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