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Bankruptcy

A collection of news and information related to Bankruptcy published by this site and its partners.

Top Bankruptcy Articles see all

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  • News of the Weird: Norway's Battle Against Chaos

    News of the Weird: Norway's Battle Against Chaos
    Norwegian public television (NRK), which introduced the now-legendary continuous, live log-burning show (12 hours long, with “color commentary” on the historical and cultural importance of fire), scheduled a new program for this week in its appeal to serenity (labeled “Slow TV”). On Nov. 1, NRK was to televise live, for five hours, an attempt to break the world record for producing a sweater, from shearing the sheep to spinning the wool and knitting the garment (current record: 4:51, by Australians). (In addition to the log, NRK viewers have been treated to live cams on a salmon-fishing boat and, for five days, on a cruise ship.) Said an NRK journalist, “You would think it's boring television, but we have quite good ratings for these programs.”
  • Will PPL spinoff Talen Energy bolt Allentown?

    Allentown is engaged in a high-stakes effort to keep PPL Corp.'s soon-to-be-created power generation and marketing spinoff company Talen Energy in its Neighborhood Improvement Zone. In a July filing with the Federal Energy Regulatory Commission, which...

    Winn-Dixie operator Southeastern Grocers pulls IPO

    (Reuters) - Southeastern Grocers LLC, which operates supermarket chains Winn-Dixie and BI-LO, called off its plans for an initial public offering, joining a list of companies that have pulled their offerings this year. The Jacksonville, Florida-based...

    Should big banks be broken up?

    The idea that some banks are "too big to fail" became common in 1984 when Continental Illinois was on the brink of failure. The then-seventh-largest bank in the U.S., Continental Illinois had $40 billion in assets, but many of those assets were bad loans,...

    L.A. commercial property landlord Evoq is sold for $357.4 million

    Los Angeles commercial property landlord Evoq Properties Inc. has agreed to be sold for $357.4 million to a group of investors led by Atlas Capital Group of New York. Evoq owns several downtown Los Angeles properties including vacant land ripe for...