|
|
|
|
news.yahoo.com
--
By Jonathan Stempel 2 hours, 19 minutes ago NEW YORK (Reuters) - American Home Mortgage Investment Corp (AHMIQ.PK), which was among the largest U.S. home loan providers before seeking bankruptcy protection a year ago, said it will pay unsecured creditor..
Read More
|
|
|
news.yahoo.com
--
1 hour, 38 minutes ago (Reuters) - Bankrupt home furnishings retailer Linens 'n Things has devised a plan to emerge from bankruptcy early next year, the New York Post reported.
Under the plan, the retailer will reverse many of the strategies introduced..
Read More
|
|
|
news.yahoo.com
--
By Emily Chasan 11 minutes ago NEW YORK (Reuters) - Cookie retailer Mrs. Fields Famous Brands LLC said on Friday it plans to file for Chapter 11 bankruptcy protection to help restructure its business, according to a U.S. Securities and Exchange Commissi..
Read More
|
|
|
news.yahoo.com
--
16 minutes ago READING, Pa. - The troubled chain Boscov's Department Store LLC filed for Chapter 11 bankruptcy protection on Monday, becoming the latest victim of a harsh consumer spending environment.
The Reading, Pa.-based department store chain said..
Read More
|
|
|
news.yahoo.com
--
22 minutes ago NEW YORK (Reuters) - Home builder WCI Communities Inc (WCI.N) said on Monday it and about 130 of its subsidiaries filed for Chapter 11 bankruptcy protection because it failed to obtain the financing that would keep $1.8 billion of debt ou..
Read More
|
|
|
rss.cnn.com
--
Starbucks cuts 1,000 jobs
Bennigan's, Steak & Ale file for bankruptcy
Consumer confidence in surprise gain
How the housing bill can benefit you
Tips on jobs, bankruptcy and scholarships
Issue #1 on CNN — This week, 12pm ET
Falling oil boosts sto..
Read More
|
|
|
biz.yahoo.com
--
KEARNEY, Neb. (AP) -- The Italian company buying power equipment maker Powermate plans to reopen the Kearney plant.
Powermate filed for bankruptcy in March and closed its Kearney plant, eliminating about 200 jobs.
Pramac Industries agreed to buy Powerma..
Read More
|
|
|
news.yahoo.com
--
By Soyoung Kim 1 hour, 23 minutes ago DETROIT (Reuters) - General Motors Corp (GM.N) will need to raise as much as $15 billion in cash to shore up liquidity and bankruptcy is "not impossible" if the U.S. auto market continues to slump, Merrill Lynch sai..
Read More
|
|
|
biz.yahoo.com
--
AUBURN HILLS, Mich. (AP) -- Faced with persistent speculation that it was planning to file for bankruptcy protection, Chrysler LLC on Thursday issued a statement denying the rumor and saying it has plenty of cash.
The denial came on the same day the comp..
Read More
|
|
|
news.yahoo.com
--
By DUNCAN MANSFIELD, Associated Press Writer 1 hour, 53 minutes ago KNOXVILLE, Tenn. - Privately owned Goody's Family Clothing Inc., a moderately priced retailer operating primarily in the Southeast, said Monday it is filing for Chapter 11 bankruptcy pr..
Read More
|
|
|
biz.yahoo.com
--
SAN FRANCISCO (AP) -- Provide Commerce Inc. has agreed to buy online retailer Red Envelope Inc. following a successful bid at a bankruptcy auction.
Terms were not disclosed.
Red Envelope sought bankruptcy protection in April.
Red Envelope said late Thu..
Read More
|
|
|
biz.yahoo.com
--
BROWNSVILLE, Texas (AP) -- A U.S. mining company accused its Mexican parent company Monday of stripping it of its most valuable assets and forcing it into bankruptcy as it launched its $10.5 billion federal lawsuit against the company.
Asarco, which is o..
Read More
|
|
|
biz.yahoo.com
--
Consumer bankruptcies soaring
Bankruptcy filings by U.S. consumers jumped 47.7% in April vs. a year earlier as families coped with the subprime mortgage crisis, the American Bankruptcy Institute said. The 92,291 filings were 7% higher than in March. The..
Read More
|
|
|
news.yahoo.com
--
By MAE ANDERSON, AP Business Writer 1 hour, 47 minutes ago NEW YORK - Bedding- and home-furnishing retailer Linens 'n Things on Friday filed for Chapter 11 bankruptcy protection, the latest major retailer to succumb to the difficult consumer environment..
Read More
|
|
|
news.yahoo.com
--
7 minutes ago NEW YORK (Reuters) - Home goods retailer Linens 'n Things has filed for Chapter 11 bankruptcy protection and plans to close 120 underperforming stores, the company said on Friday.
The struggling seller of textiles, housewares and other ho..
Read More
|
|
|
news.yahoo.com
--
By Kyle Peterson Fri Apr 11, 11:30 AM ET CHICAGO (Reuters) - Low-cost carrier Frontier Airlines Holdings (FRNT.O) has filed for bankruptcy, becoming the fifth U.S. carrier in two weeks to take drastic measures as soaring fuel prices and economic weaknes..
Read More
|
|
|
news.yahoo.com
--
Fri Apr 11, 4:00 AM ET NEW YORK (Reuters) - Ailing home goods retailer Linens 'n Things may file for bankruptcy protection by Tuesday, the Wall Street Journal said on Friday, citing people with knowledge of the situation.
The retailer, which reported a..
Read More
|
|
|
news.yahoo.com
--
2 hours, 23 minutes ago NEW YORK (Reuters) - Leon Black's buyout firm Apollo Management is mulling the idea of a "prepackaged" bankruptcy plan for ailing home furnishings retailer Linens 'n Things, the New York Post reported online on Tuesday, citing so..
Read More
|
|
|
biz.yahoo.com
--
PARIS (AP) -- Air France-KLM gave Alitalia's unions a chance Monday to reconsider its withdrawn takeover bid, an offer that may be the ailing Italian carrier's best opportunity to escape bankruptcy.
"It is now up to Alitalia, its employees and unions rep..
Read More
|
|
|
news.yahoo.com
--
By Mark McSherry 11 minutes ago NEW YORK (Reuters) - ATA Airlines Inc said on Thursday it filed for Chapter 11 bankruptcy and shut down all operations after cancellation of a key military charter agreement.
The Indianapolis-based low-cost airline and i..
Read More
|
|
