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COLUMN-China doesn't need Minsky to spell Trouble
Reuters(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft May 30 (Reuters) - China is requiring more and more debt to produce less and less growth. This raises the issue not just of where exactly all the money is going,...Tags: Productivity, Investments, Economy, Business and Finance, Financially Distressed Companies, China
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Bankrupt Patriot Coal can reject collective bargaining - court rules
ReutersMay 29 (Reuters) - Bankrupt Patriot Coal Corp. can reject collective bargaining agreements, cease pension contributions and convert retiree healthcare to an outside fund as part of its plan to save $150 million a year in labor costs, a court ruled on...Tags: Career and Workplace, Labor Disputes
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CNET founder Halsey Minor files for bankruptcy
Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy in Los Angeles. In the personal bankruptcy filing May 24, Minor cited $50 million to $100 million in liabilities with 60 creditors, and assets of $10...
Tags: HSBC Holdings plc, Internal Revenue Service, Financially Distressed Companies, Eastman Kodak Company, Bank of America Corp.
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CORRECTED-PRESS DIGEST-Australian Business News - May 29
Reuters(Corrects items on Southern Cross Media, New Hope, Industry Super Network and Perpetual-Hope items. Edits throughout.) Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy. THE...Tags: Corporate Officers, BHP Billiton Plc., Google Inc., Credit and Debt, Non Ferrous Metal
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Struggling Korean builders tell employees to show loyalty: buy apartments
Reuters* Construction firms face liquidity crunch due to poor sales * Workers told to buy unsold apartments to bail out builders * Some staff can't meet payments, take employer to court By Ju-min Park GOYANG, South Korea, May 30 (Reuters) - Five years...Tags: Construction, Moody's Corporation, Seoul (South Korea), Employees, Career and Workplace
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GenVec to liquidate following gene therapy setbacks
ReutersMay 28 (Reuters) - GenVec Inc approved a plan to liquidate the company, after years of setbacks in the costly development of its gene therapy drugs. The company's shares, which made their debut at over $100 in late 2000, were down 40 percent at 44...Tags: Vaccines, Genital Herpes, Leukemia, University of Pennsylvania, Health Organizations
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Soccer-Basel on verge of fourth successive title, Servette down
ReutersMay 29 (Reuters) - FC Basel put themselves on the brink of a fourth successive Swiss title with a 1-0 win at Young Boys on Wednesday while 17-times champions Servette Geneva were relegated, the latest chapter in their turbulent history. Fabian Frei's...Tags: Sports, Soccer
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Wayne Newton leaving 'Casa de Shenandoah' after bankruptcy reorganization
Pop2itWayne Newton has been working with a Las Vegas bankruptcy judge, selling off his exotic animals and now moving out of his estate of 45 years, the "Casa de Shenandoah," reports the AP.... -
Report: Detroit is broke; could bankruptcy lie ahead?
DETROIT (AP) — The first report by Detroit's emergency manager declares that the city is broke and at risk of running completely out of money — a financial meltdown that could mean employees don't receive paychecks, retirees lose their...
Tags: Economy, Business and Finance, Pension and Welfare, Politics, Financially Distressed Companies, Government
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Cannes: Former Inferno Co-Chairs Launch Lotus Entertainment
VarietyBill Johnson (left) and Jim Seibel (right) are officially launching Lotus Entertainment as a financing, production and international sales company at Cannes. The execs formerly co-chaired Inferno Entertainment, which dissolved its Inferno International...Tags: Entertainment, Sports Cars
May 30, 2013
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May 29, 2013
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May 30, 2013
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May 28, 2013
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May 28, 2013
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May 29, 2013
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May 28, 2013
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May 28, 2013
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May 29, 2013
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Jun 5, 2013
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May 13, 2013
|Story| Petoskey News
May 13, 2013
|Story| Tribune Media Services
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