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'Cautious optimism' over Saab's second escape from bankruptcy
While the sale of Saab Automobile may have once again helped the troubled Swedish automaker avoid bankruptcy, uncertainties about possible layoffs and obtaining necessary approvals remain, the AFP's Nina Larsson explains. Beleaguered Saab appears to
Updated: 10/28/2011 03:53P
High Feed Costs Hammer Pilgrim's Pride
Other processors have suffered as well with at least four filing for bankruptcy in the last 10 months. Pilgrim's itself emerged from bankruptcy protection at the end of 2009. Mexico's chicken industry has also suffered under losing profit margins.
Updated: 10/28/2011 03:52P
Harrisburg Bankruptcy Opponents File Objections to End Case
The bankruptcy petition “contains misleading and inaccurate statements about the current status of the law in the Commonwealth of Pennsylvania and the authority of the city to be a debtor under Chapter 9 of the Bankruptcy Code,” Ambac said in today's
Updated: 10/28/2011 03:47P
White House Orders Review of Energy Loan Program
WASHINGTON—The White House on Friday ordered an independent review of the Energy Department's clean-energy loan program, a response to the bankruptcy filing and congressional probe of a solar firm that received about $527 million in
Updated: 10/28/2011 03:46P
The rebirth of renewable energy
The bankruptcy of solar-panel manufacturer Solyndra, after a half billion dollar loan from the Federal government, has set off a hot debate on Capitol Hill. And a group of American-based solar companies are demanding 100% tariffs on imports of Chinese
Updated: 10/28/2011 03:45P
Andronico's to Continue Under New Ownership
The sale allows the remaining Andronico's Community Markets to continue to operate, preserving the jobs of more than 330 employees dedicated to ensuring its historic markets continue to serve future generations of shoppers. “I want to thank our loyal
Updated: 10/28/2011 03:41P
White House Orders Review of Energy Department Loans
Congressional Republicans have been investigating the bankruptcy of Solyndra Inc. amid revelations that federal officials were warned it had problems but nonetheless continued to support it. The House Energy and Commerce Committee could vote as early
Updated: 10/28/2011 03:33P
White House to review Energy Department loans
By AP | October 28, 2011 WASHINGTON (AP) — The White House is ordering a review of loan guarantees made by the Energy Department after a California solar company that got a half-billion-dollar federal loan went bankrupt. Congressional Republicans have
Updated: 10/28/2011 03:28P
Nine Lawyers Join Miles & Stockbridge P.C.
Michael J. Pappas, formerly with The Harrison Law Group in Baltimore, has joined the Real Estate Litigation Practice Group as counsel. Mike received his JD in 2002 from the University of Maryland School of Law, where he was Editor-in-Chief of the
Updated: 10/28/2011 03:28P
La Polar Plunges After Chairman Calls Past Profits 'Fake'
After that, the company plans to ask stockholders to approve a sale of $200 million in new shares to finance operations, the statement said. La Polar also intends to close nine underperforming stores in Chile between this year and next, and open seven
Updated: 10/28/2011 03:27P
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