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AMR Stock Slips On Lack Of Pilot Contract
The third-largest US airline, which some analysts' estimate is a candidate for bankruptcy, cannot continue without a Chapter 11 filing if its staff costs remain higher than peers. Some industry watchers have been looking for a contract with the Allied
Updated: 11/15/2011 09:54P
Neither snow, nor rain, nor gloom of night will do it, but bankruptcy may keep
WASHINGTON The US Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet use drive down mail
Updated: 11/15/2011 09:32P
US Postal Service loses $5 billion
AP WASHINGTON — The US Postal Service said Tuesday that it had lost about $5 billion in the last year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and Internet use drive down mail
Updated: 11/15/2011 09:28P
Postal Service annual loss totals $5.1B
(The Associated Press) WASHINGTON - The US Postal Service said Tuesday it has lost $5.1 billion in the past year, pushing it closer to imminent default on a multibillion-dollar payment and to future bankruptcy as the weak economy and increased Internet
Updated: 11/15/2011 09:08P
Reser's Fine Foods buys rival Orval Kent in deal approved today
By Molly Young, The Oregonian View full sizeBrent Wojahn/The OregonianMachine operator Eva Luna helps produce French onion dip at Reser's Fine Foods in Beaverton. The company has acquired two rival brands this fall, expanding its reach throughout the
Updated: 11/15/2011 09:00P
White House officials knew Solyndra's financial state before Obama visit
Solyndra had received a $535 million loan guarantee from the Department of Energy in September 2009 as part of $36 billion in American Recovery and Reinvestment Act money for clean energy projects. On May 24, 2010, in an email with the subject line
Updated: 11/15/2011 08:58P
Foreclosure Crisis: The Winners and Losers
In 2008 all three were named in a Time magazine top 10 list of individuals who received the biggest golden parachutes in recent US corporate history, even though they guided companies that got hammered by the subprime mortgage loan bubble.
Updated: 11/15/2011 08:55P
Syms, Filene's Win Approval to Hold Store Closings Sales
US Bankruptcy Judge Kevin Carey said at a hearing today in Wilmington, Delaware, that he will approve the company's agreement with a joint venture of Gordon Brothers Retail Partners LLC and Hilco Merchant Resources LLC to run the liquidation sales.
Updated: 11/15/2011 08:53P
Novelist Fights the Tide by Opening a Bookstore
The novelist Ann Patchett, right, and Karen Hayes are business partners and co-owners of Parnassus Books in Nashville. By JULIE BOSMAN NASHVILLE — After a beloved local bookstore closed here last December and another store was lost to the Borders
Updated: 11/15/2011 08:50P
US post office losses hit $5.1 billion
Losses will only accelerate in the coming year, Postmaster General Patrick Donahoe warned, citing faster-than-expected declines in first-class mail. He implored Congress to take swift, wide-ranging action to stabilize the ailing agency's finances as it
Updated: 11/15/2011 08:45P
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