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Providence mayor warns of possible bankruptcy
AP Mayor Angel Taveras painted a bleak picture Thursday of the city's finances, saying Providence faces "devastation" and could go bankrupt if retiree benefits aren't cut and tax-exempt institutions like Brown University don't pay more in lieu of taxes
Updated: 02/02/2012 12:14P
MF Global U.K. Clients Getting Initial Payout
KPMG has been under pressure to start returning money frozen in UK customer accounts since MF Global collapsed into bankruptcy on Oct. 31 after making a $6.3 billion bet on European sovereign debt. The trustee liquidating New York-based brokerage MF
Updated: 02/02/2012 12:14P
Taveras: Providence could be headed for bankruptcy
"This state depends on this city being fiscally healthy," he said. "Providence cannot fail." Taveras said a supplemental tax increase would be a last resort, but it was not clear if even that would help stave off a possible bankruptcy.
Updated: 02/02/2012 11:38A
10 Tips for Young Entrepreneurs – Avoid Premature Bankruptcy
The main step that can help you avoid premature bankruptcy not just as a common man but also as a young entrepreneur is budgeting. Budgeting can help you manage your finances well. As a young entrepreneur, when you are trying to establish a successful
Updated: 02/02/2012 11:32A
Morning State News Briefs: Oshkosh woman charged Facebook fraud scheme
The victims met a deadline yesterday to file claims as part of the Chapter-11 bankruptcy protection the archdiocese sought last January. Milwaukee's claims are by far the largest among the eight Catholic dioceses to file for bankruptcy in the US since
Updated: 02/02/2012 11:07A
Debt, austerity and recession threaten slow death for bailed-out Portugal's
LISBON, Portugal - In a six-room Lisbon office where until last year more than a dozen people worked, engineer Joao Paulo Lopes sits alone in silence amid dark computer screens, patiently waiting for a bankruptcy lawyer to shut the company's doors and
Updated: 02/02/2012 11:04A
Kodak wants co. name off LA home of Oscars broadcast; part of bankruptcy case
THE CANADIAN PRESS/AP, Chris Carlson Kodak wants co. name off LA home of Oscars broadcast; part of bankruptcy case The Associated Press Feb 02, 2012 10:14:00 AM ROCHESTER, NY - Eastman Kodak Co. is looking to get out of its naming rights contract with
Updated: 02/02/2012 10:37A
American Airlines To Slash 13000 Jobs
The company is to engage union representatives and stakeholders, and seek Bankruptcy Court approvals to implement these plans, Horton added. American Airlines also will seek Bankruptcy Court approval to terminate its defined benefit pension plans.
Updated: 02/02/2012 10:32A
Debt crisis threatens slow death for Portugal
LISBON, Portugal (AP) — In a six-room Lisbon office where until last year more than a dozen people worked, engineer Joao Paulo Lopes sits alone in silence amid dark computer screens, patiently waiting for a bankruptcy lawyer to shut the company's doors
Updated: 02/02/2012 10:17A
Harrisburg Bankruptcy Appeal Came Too Late
Harrisburg's City Council has failed in its latest bid to declare bankruptcy on behalf of Pennsylvania's debt-choked capital. A federal judge on Wednesday denied the council's appeal of an earlier decision that found it was legally barred from filing
Updated: 02/02/2012 10:13A
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