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Wall Street Economist Exits Lehman Board
Lehman, which filed for bankruptcy in September 2008, will sell assets for the next five years in order to pay its creditors, adds Bloomberg.
Updated: 05/18/2010 03:56A

Hhgregg store opens early near Lehigh Valley Mall
Hhgregg's expansion comes after electronic chains Circuit City and Tweeter filed for bankruptcy and closed all stores last year. Hhgregg opened a dozen new
Updated: 05/18/2010 03:48A

PhillyDeals: Bank-state senators try to weaken reform bill
"The US bankruptcy reform of 2005 played an important role in the mortgage crisis and the current recession," according to a paper by scholars Wenli Li,
Updated: 05/18/2010 03:12A

Nation : GM Says Cost Cuts, Sales Bring First Profit Since '07
General Motors Co. rode expense cuts from its bankruptcy and strong sales of redesigned models to its first quarterly net income in nearly three years,
Updated: 05/18/2010 03:07A

Chrysler Financial payment received
WASHINGTON -- The remnants of Chrysler left behind in bankruptcy have repaid $1.9 billion of the $4 billion lent by the US government to keep
Updated: 05/18/2010 03:03A

GM finally back in the black
The new results are perhaps the cleanest look at GM's operations since the automaker emerged from bankruptcy on July 10, and they generated great optimism
Updated: 05/18/2010 03:03A

Black ink is fashionable again at General Motors
We were not sure we'd be able to speak those words again, after $88 billion in losses since 2005, a bankruptcy and another $50 billion in
Updated: 05/18/2010 03:03A

Trust fund to pay for cleaning old GM sites
WASHINGTON -- The Obama administration and the part of General Motors left behind in last year's bankruptcy will establish an $800-million
Updated: 05/18/2010 03:03A

Tower Theatres files for bankruptcy
Marana's Tower Theatres - the region's only independently owned first-run movie complex - filed for Chapter 11 bankruptcy reorganization last week.
Updated: 05/18/2010 03:02A

GM sees first profit since 2007
GM, which filed for bankruptcy protection last year, has closed 14 factories and shed more than 65000 jobs in the US. It has also sold or dropped
Updated: 05/18/2010 03:00A

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