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New GM CEO: Brash, Blunt, Demanding
After slashing its debt, shedding brands and shuttering plants in bankruptcy, GM is now making money—it reported $1.3 billion in net income for the second
Updated: 08/15/2010 07:08P
Table games could save Rosecroft
When the track closed July 1, owner Cloverleaf Enterprises Inc. said it would convert from a Chapter 11 bankruptcy to a Chapter 7 bankruptcy and auction off
Updated: 08/15/2010 07:03P
Corporate Watch
Six Flags Entertainment Corp. has named James Reid-Anderson chairman and chief executive, choosing him to lead the amusement-park operator following its
Updated: 08/15/2010 06:56P
Akerson to Struggle in Proving to IPO Investors Europe Fixable
GM Chief Executive Officer Ed Whitacre, who led the largest US automaker from bankruptcy to two straight profitable quarters, will step down as CEO on Sept.
Updated: 08/15/2010 06:16P
Google Leads Revival in Commercial Paper as Rates Tumble: Credit Markets
Lehman's bankruptcy then sparked a run on money-market assets after the $62.5 billion Reserve Primary Fund fell below $1 a share, or “broke the buck.
Updated: 08/15/2010 05:18P
Estimated 1.6 Million Bankruptcies Questions Effectiveness of Credit
With an estimated 1.6 million consumer bankruptcy filings on the horizon, a 2005 federal bankruptcy law favored by banks, aimed to make it harder for
Updated: 08/15/2010 04:42P
Building Products Maker: Slump Brings Bankruptcy
The privately held company, which also operates under the Don De Cristo Concrete Accessories Inc. name, filed for Chapter 11 bankruptcy protection earlier
Updated: 08/15/2010 03:59P
Buffalo Wings, Lancaster: 2 Small Cap Growth Companies With No Debt
Too much debt can also drive you into bankruptcy. Debt has a similar effect on companies as it does individuals. Companies can spend so much money just
Updated: 08/15/2010 03:17P
Business Bankruptcies
This is a list of recent business-related bankruptcies filed in US Bankruptcy Court in Minneapolis and St. Paul. The number after the filing date is the
Updated: 08/15/2010 02:08P
Frank William Scroggins, 77: Bankruptcy attorney liked to represent "the underdog"
In bankruptcy cases, clients often lean heavily on their lawyers because they are seen as the last hope to prevent financial ruin.
Updated: 08/15/2010 02:03P