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Business news in brief | Philadelphia Inquirer | 2011-11-23
that led to the collapse of the brokerage firm, the effectiveness of its regulators, and the impact of its bankruptcy on customers. MF Global is being investigated by regulators and the FBI over whether it violated securities and criminal laws.
Updated: 11/23/2011 03:07A
Solyndra reports little interest by potential buyers out of bankruptcy
Instead, Solyndra is looking at a piecemeal sale of its assets, with separate auctions for its machinery and equipment, real estate and intellectual property. Solyndra officials told a US bankruptcy trustee Tuesday that no qualified bidders have come
Updated: 11/23/2011 03:03A
MF Global effectively lobbied CFTC last year to delay enforcement of rules
According to a document obtained by Opalesque Futures Intelligence, the firm now embroiled in a bankruptcy scandal related to investments in European Sovereign Debt, requested the CFTC to back off enforcement of rules written to eliminate the very
Updated: 11/23/2011 02:55A
Kazamias a bit short of allies
AMID a climate of discord over the economy, main opposition DISY MP Christos Stylianides urged friend and foe alike to see reason before Cyprus heads down the same road as Greece – bankruptcy.
Updated: 11/23/2011 02:46A
Prices going up for express, priority mail
AP WASHINGTON — The cash-strapped US Postal Service is raising rates for its more profitable express mail and priority mail shipping next year, part of its efforts to stave off bankruptcy. The new prices, which take effect Jan.
Updated: 11/23/2011 02:12A
Texas Law Firm Introduces New Personal Injury Attorney
The Carlson Law Firm, a Texas firm known for zealous personal injury, medical malpractice, military law, family law and bankruptcy representation, announced the addition of attorney Francisco Morales to their regiment of experienced lawyers, Thursday.
Updated: 11/23/2011 02:12A
Postal Service says rates will rise in January
The US Postal Service is raising rates next year, part of its efforts to stave off bankruptcy. Prices take effect Jan. 22 and affect overnight express and priority mail. The post office lost $5.1 billion in the last year. A key United Nations committee
Updated: 11/23/2011 02:08A
Holiday closings
Mail: No delivery on Thursday; delivery on Friday. Parking meters: No coins needed Thursday in Omaha; meters need to be plugged Friday. Garbage pickup: No pickup on Thursday for Council Bluffs or Omaha; resumes Friday and continues Saturday.
Updated: 11/23/2011 02:06A
Ralph Bianchi: Dr. Chu shouldn't squander taxpayer dollars
In a previous letter to the editor concerning the Solyndra bankruptcy, I pointed out that the government should not be investing taxpayer money in risky solar energy companies. Those type of investments should be done in the private sector by
Updated: 11/23/2011 01:33A
Beartooth Electric Cooperative ponders exposure, implications of Southern
Southern Montana Electric Generation and Transmission Cooperative reversed two unpopular decisions and endorsed its controversial bankruptcy filing during a special meeting in Billings on Thursday. The board seated Arleen Boyd as the trustee
Updated: 11/23/2011 01:31A