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Don't expect a swan song
The building was once the home of Selwin Peabody, one of the manufacturers of Tilton Tweed. It was later home to the industrialist Arthur S. Brown, inventor of the Tilton Woven Endless Belts, which were later used in Henry Ford's Model T's. For Ollie,
Updated: 11/02/2011 11:48P
Regulator says MF Global shifted millions last week
MF apparently made "substantial transfers" of customer money after an on-site audit last week, said the regulator, CME Group Inc. MF Global filed for bankruptcy protection Monday after a disastrous bet on European debt. It was the eight-biggest US
Updated: 11/02/2011 11:35P
Former Baseball Executives Lead Group Planning to Bid on Dodgers
The group is the first to publicly announce its interest in making an offer for the Dodgers, whose sale comes after a bankruptcy filing and months of legal wrangling with Major League Baseball. “The goal of our group is to return the level of quality
Updated: 11/02/2011 11:32P
Sing a song to Chevy: 100 years old Thursday
The Associated Press GM Chairman and CEO Dan Akerson, who guided the company out of bankruptcy, introduces the new 2012 Chevrolet Sonic at January's North American International Auto Show in Detroit. A factory worker tweaks a Chevy truck
Updated: 11/02/2011 11:29P
MLB: McCourt putting Dodgers up for sale
The announcement came as the Dodgers and MLB were headed toward a showdown in US Bankruptcy Court in Delaware at the end of the month as mediation between both sides was ongoing. McCourt and baseball Commissioner Bud Selig have traded barbs since MLB
Updated: 11/02/2011 11:29P
Dodgers bankruptcy sale set
AP The process of finding a new owner for the Los Angeles Dodgers began early Wednesday when current boss Frank McCourt and Major League Baseball released a joint statement saying they had agreed to a court-supervised sale of the once-glamorous and now
Updated: 11/02/2011 11:29P
What's next for the Dodgers?
AUS Bankruptcy Judge Kevin Gross on Joseph Farnan, the court-appointed mediator for McCourt vs. Bud Selig: "Mr. Farnan, a recently retired US District Court judge, has the ideal skills, knowledge, experience and personality to succeed in assisting the
Updated: 11/02/2011 11:28P
Remind You Of Someplace. Light Rails Over Budget
Unless your destination is, say, staggering waste and then, ultimately, bankruptcy. In which case, all aboard! Nick Gillespie, Reason: Three years ago, voters were sold a project that was gonna cost $43 billion, which now costs $66 billion in 2010
Updated: 11/02/2011 11:26P
Look at What the Government Has Done with Your Money
Candidly, before the announcement of its bankruptcy filing this week, neither had I. Just as you probably had never heard of Solyndra before its bankruptcy, neither had I. But your government has heard of both. Solyndra and Beacon received loans the
Updated: 11/02/2011 11:25P
Senators unveil plan to reform postal service
AP Senators announced a bipartisan plan Wednesday to help keep the financially ailing Postal Service solvent and continue six-day mail delivery for at least two more years. The proposal would lift the agency “from the brink of bankruptcy,” said Sen.
Updated: 11/02/2011 11:21P
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