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COMMENT: Saab drama still to play out
Yet again, Saab CEO Victor Muller has engineered something of a triumph - for the time being at least - as the automaker has seemingly escaped the clutches of bankruptcy. But as ever with Saab, there are more questions than answers.
Updated: 10/28/2011 11:26A
Continual and constant improvement
Today I was reading a magazine that is read by most people in the restaurant business. I was shocked at the number of formerly successful restaurant companies that have filed for bankruptcy. I also read that several old successful companies were
Updated: 10/28/2011 11:20A
Saab Changes Its Mind, Accepts Purchase Offer From Chinese Automakers
The takeover will prevent Saab for falling into bankruptcy. The announcement is a big surprise, as earlier this week Saab terminated an agreement with Pang Da and Youngman that would have seen the two Chinese companies buy controlling shares of Saab.
Updated: 10/28/2011 11:14A
Gay Retirement Havens Run Into Financial Difficulty
RainbowVision has filed for Chapter 11 bankruptcy protection, wracked by financial problems and an increasingly bitter dispute between its residents and management. Its problems mirror those of many other gay retirement communities around the country
Updated: 10/28/2011 11:12A
La Polar Hasn't Had a Profit in 10 Years, Chairman Barros Says
Oct. 28 (Bloomberg) -- Empresas La Polar SA, the department store operator that is trying to avert its second bankruptcy in 12 years, posted losses of about $100 million a year in the past decade, La Polar Chairman Cesar Barros said.
Updated: 10/28/2011 11:11A
Obama Administration Renews Push for Solar Power in West
The administration's push for renewable energy has come under attack since California-based Solyndra Inc. closed its doors two month ago after receiving a $528 million federal loan. The company declared bankruptcy and laid off its 1100 workers.
Updated: 10/28/2011 11:05A
3 Small-Cap Solar Stocks Could Make Big Returns
Most Solar stocks (International and US Domestic) are down 60% on average just in the last 3 months while US based Solyndra, Evergreen Solar (ESLR), and SpectraWatt have all declared bankruptcy. These three bankruptcies represent one-fifth of solar
Updated: 10/28/2011 11:00A
Iconix Buys Sharper Image Brand
The all-cash deal with the joint venture that bought the chain in a bankruptcy auction in early 2008 for $49 million includes all intellectual properties, including licensing rights.
Updated: 10/28/2011 10:57A
Citigroup Bankruptcies See Ups And Downs In Latest HAMP Information On
Bankruptcies for Citigroup homeowners saw mixed results in the latest Treasury Department reports for homeowners who were not successful at finding help through the federal Making Home Affordable modification program.
Updated: 10/28/2011 10:47A
Duchess of York shows thrilling and thrifty go together
Faced with recent financial troubles, the Duchess of York vowed to get the situation back under her control, saying she was "doing everything she can" to avoid bankruptcy. And recently, the flame-haired royal has also been applying that motto to her
Updated: 10/28/2011 10:45A
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