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Airline fuels bankruptcy speculation
AMR hasn't turned a full-year profit since 2007, and it has lost more than $12 billion since 2001, adding to speculation that it could be headed toward bankruptcy protection. American has high costs, a heavy debt load, too many gas-guzzling planes in
Updated: 10/20/2011 01:02A
Pennsylvania Governor Prepares to Take Control of Capital City
Oct. 20 (Bloomberg) -- Pennsylvania Governor Tom Corbett plans to seize control of the finances of Harrisburg even as City Council members seek bankruptcy for the capital in an effort to ward off state action.
Updated: 10/20/2011 12:43A
Expectant fathers fear bankruptcy
BANGALORE: As per the survey conducted by Cypro-Save India, the Indian arm of Europe's largest family stem cell banking company, 59 per cent of expectant fathers confessed that their biggest fear is the crunch on personal money that parenthood is
Updated: 10/20/2011 12:34A
Andronico's on University Avenue slated to close this month
Andronico's declared Chapter 11 bankruptcy — which allows time for the company to restructure itself — in August and last week was purchased by Renwood Opportunities Fund, a multimillion dollar investment fund headed by Renovo Capital and Rosewood
Updated: 10/20/2011 12:25A
Pennsylvania's Seizure of Harrisburg Finances Opens Door to Creditor Talks
Pennsylvania Governor Tom Corbett plans to seize control of the finances of Harrisburg even as City Council members seek bankruptcy for the capital in an effort to ward off state action.
Updated: 10/20/2011 12:19A
Financial Debt Help Becomes the New Solution For Financial Shortcomings
Consumers can now find all the best advice to help free them of the debts they are currently dealing with and avoid filing for bankruptcy. Debt – a growing issue in the United States and other countries – has literally consumed the lives of many.
Updated: 10/20/2011 12:18A
New VEBA health trust approved for retirees of auto suppliers
Thousands of retirees of Michigan auto suppliers will have their health benefits covered by a new Auto Retiree VEBA Trust, approved Monday by the US Bankruptcy Court for the Southern District of New York.
Updated: 10/20/2011 12:09A
Experts say American Airlines in need of fix
Shares of parent AMR Corp. dropped 7.5 percent, and they have fallen 66 percent this year as investors worry that the company could be headed for bankruptcy protection. AMR has nearly $5 billion in cash, more than many of its rivals and enough to avoid
Updated: 10/20/2011 12:05A
Higher fares can't help American Airlines
It was the company's 14th losing quarter in the last 16, adding to speculation that it could be headed toward bankruptcy protection. Even in an industry known for its poor financial track record, American stands out. It has too many gas-guzzling planes
Updated: 10/20/2011 12:05A
Austerity drive Thousands march in Athens general strike
Athens—More than 20000 protesters marched in Athens on Wednesday, police said, at the start of a two-day general strike against a new austerity bill demanded by Greece's international creditors to avert bankruptcy. Authorities threw a cordon of riot
Updated: 10/19/2011 11:59P
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