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RFD Has High Hopes as Cargo Hub; One Passenger Line has Grim Outlook
Republic announced it's ready to split with the company it pulled out of bankruptcy two years ago. Despite falling numbers for frontier, Republic says they expect to be a profitable business next year. Frontier Airlines starts its flight service to
Updated: 11/10/2011 06:53P
Alabama County Files for Bankruptcy; Biggest in US History
Jefferson County of Alabama filed for bankruptcy protection Wednesday, making it the biggest municipal bankruptcy in US history. Jefferson County contains Birmingham, Alabama's largest city,
Updated: 11/10/2011 06:49P
Shelby County officials, state legislators weigh in on JeffCo bankruptcy
COLUMBIANA – Shelby County officials and state legislators reacted Thursday to Jefferson County's Chapter 9 bankruptcy filing. State Sen. Cam Ward, R-Alabaster, called it “a real tragedy” and a “stain on all our
Updated: 11/10/2011 06:45P
Papademos to head new Greek government
Papademos will be charged with saving the country from default, bankruptcy and an exit from the euro zone. The coalition will be sworn in at 7:00 am ET on Friday, an official in the president's office said. Papademos, a respected figure in European
Updated: 11/10/2011 06:43P
Gold drops two percent in London
Gold fell almost 2 percent on Thursday as worries about a disordered bankruptcy in Greece and a deepening debt crisis in Italy weighed on market sentiment and pushed investors to liquidate commodity assets, including precious metals.
Updated: 11/10/2011 06:42P
Evergreen Solar Wins Approval to Sell Most of Its Assets
US Bankruptcy Judge Mary F. Walrath at a hearing today in Wilmington, Delaware, approved three sales today to three different buyers, after the company held an auction earlier this week. Evergreen will sell its core wafer assets to Hong Kong- based Max
Updated: 11/10/2011 06:41P
Munis Gain a Fourth Week as Yields Stay Higher Than Treasuries
10 (Bloomberg) -- Tax-exempt bonds gained for a fourth straight week, the longest stretch since May, as yields remained higher than US Treasuries and as investors saw the bankruptcy of Jefferson County, Alabama, as an isolated event.
Updated: 11/10/2011 06:41P
Ellis recalls Shelby County's brush with bankruptcy
10, a day after Jefferson County filed for the largest municipal bankruptcy in the US “We were literally on the verge of bankruptcy,” Ellis said. In 1993, Shelby County was broke and defaulting on numerous loans, including a $22.5 million sewer debt
Updated: 11/10/2011 06:40P
Jefferson County bankruptcy eligibility hearing in 30 days
A day after filing the nation's largest municipal chapter 9 bankruptcy on record, county leaders and attorneys filed into the United States bankruptcy court in downtown Birmingham. "This is the beginning of a new day and we're going to start a new
Updated: 11/10/2011 06:37P
Biggest civic bankruptcy sews uncertainty in Ala.
9, 2011 to file an estimated $4.1 billion bankruptcy, the largest municipal bankruptcy in US history. The county has been trying for several years to find a way to resolve its sewer debt crisis and fix its fiscal 2012 county general fund budget,
Updated: 11/10/2011 06:36P
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