Friday, November 16, 2012
November 16, 2012 Already in bankruptcy protection, the company has also been dealing with a nationwide strike. It says it can't go on. So 18,500 jobs are being eliminated. And some iconic taste treats may soon be scarce.
Wednesday, August 01, 2012
August 1, 2012 And he live-tweeted it. "Bought this back, just to give it away!"
Tuesday, June 05, 2012
June 5, 2012 A bankruptcy judge has ruled that the pension fund of a small U.S. territory is a "governmental unit" and therefore not eligible to file Chapter 11 bankruptcy.
Tuesday, May 29, 2012
May 29, 2012 States have promised their employees sweet retirement benefits, but haven't set aside enough money. Now, one public pension fund has filed for bankruptcy.
Thursday, May 24, 2012
May 24, 2012 The public pension fund of a U.S. territory in the Pacific Ocean recently filed for bankruptcy. If the case is allowed to proceed, it could have major implications for retirees all across the U.S.
On Morning EditionPlaylist
Thursday, February 02, 2012
February 2, 2012 The bankrupt airline wants a federal agency to assume responsibility for its pension promises.
Wednesday, February 01, 2012
February 1, 2012 The company, now in bankruptcy protection, would eliminate as many as 16 percent of its jobs. "But we will also preserve tens of thousands of jobs that would have been lost if we had not embarked on this path," CEO Tom Horton says.
Wednesday, January 11, 2012
January 11, 2012 Twinkies maker Hostess Brands Inc., is again seeking protection from its creditors, blaming high debt and rising costs of labor and raw materials. Sales of Twinkies are down, despite its prime product placement in the 2009 film Zombieland.
Friday, December 09, 2011
December 9, 2011 On today's podcast, we try to answer the question — why do airlines keep going bankrupt?
Tuesday, October 11, 2011
October 11, 2011 KHNLung cancer was associated with the highest risk of personal bankruptcy five years after diagnosis, researchers at Fred Hutchinson Cancer Center found. Smokers are more likely to be on a lower rung of the socioeconomic ladder.
Tuesday, August 16, 2011
August 16, 2011 Evergreen Solar is filing for Chapter 11 bankruptcy relief, seven months after it fired 800 employees. But the company will face a fight with the state of Massachusetts, which in 2008 awarded more than $30 million in grants and incentives.
Thursday, June 10, 2010
June 10, 2010 Credit default swaps are signaling that BP is increasingly viewed as a company whose financial future looks a lot dicier than it did even just a few weeks ago.
Wednesday, June 10, 2009
Monday, June 01, 2009
June 1, 2009 GM heads for bankruptcy. Part of the fix: The U.S. gets 60 percent of the company.