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Contractor accused of not finishing jobs
The front of Naomi Schachter's scenic home is lined with sliding glass doors, which normally would provide an awesome view of her wooded property and access to her large deck. But for several months that view has been cluttered with yellow caution tape,...
Tags: Lehigh County, Trials, Media Industry, Macungie, Criminal Laws
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Lehman Brothers sues Intel over $1 bln in seized collateral
ReutersMay 2 (Reuters) - Bankrupt investment bank Lehman Brothers has sued Intel Corp, accusing the chip maker of seizing $1 billion in collateral in breach of a swap agreement, a court filing showed. Under the swap agreement, executed days before Lehman...Tags: Intel Corp., Lehman Brothers Holdings Inc., Bankruptcy
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INSIGHT-U.S. miners' union charts new course to save benefits in bankruptcy
ReutersBy Nick Brown May 1 (Reuters) - As mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp, lawyers for their union are trying an unusual gambit - and one that may be a test case for workers' rights...Tags: Pension and Welfare, Healthcare Contract Issues, Arch Coal Incorporated, Companies and Corporations, Interior Policy
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In fraud case Martinovich puts blame on employee
During extensive questioning Tuesday in his federal fraud trial, former hedge fund manager Jeffrey A. Martinovich told a prosecutor he was misled about the value of a key investment by one of the government's star witnesses. Martinovich – the CEO...
Tags: Banking, MICG Investment Management, Economy, Business and Finance, Judges, Prosecution
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Insight: Miner's union charts new course to save benefits in bankruptcy
Reuters(Reuters) - As mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp, lawyers for their union are trying an unusual gambit - and one that may be a test case for workers' rights when companies...Tags: Pension and Welfare, Healthcare Contract Issues, Arch Coal Incorporated, Companies and Corporations, Interior Policy
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U.S. electric car maker Coda files for bankruptcy
ReutersBy Nichola Groom May 1 - U.S. green car startup Coda Holdings Inc filed for Chapter 11 bankruptcy protection on Wednesday after selling just 100 of its all-electric sedans, another example of battery-powered vehicles' failure to break into the mass...Tags: Hybrid Vehicles, Automotive Equipment, Nissan, Companies and Corporations, Tesla
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California cities see revenue boost but budgets remain tight
Reuters* Improving economy helps fill coffers * Focus remains on wages, pensions and healthcare costs * San Jose eyes sales tax increase By Jim Christie SAN FRANCISCO, April 30 (Reuters) - Stockton, the biggest U.S. city to have filed for bankruptcy,...Tags: Pension and Welfare, Bonds, Google Inc., Employees, Interior Policy
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Men allege abuse, sue religious order in Cook court
Unable to get restitution in federal bankruptcy court, 31 Chicago-area men have filed a lawsuit in Cook County Circuit Court, accusing the Congregation of Christian Brothers of putting them in harm's way decades ago. In three lawsuits filed Friday,...
Tags: Abusive Behavior, Trials, Separation of Church and State, Laws, Republic of Ireland
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Martinovich says he believed in solar firm
NEWPORT NEWS — Jeffrey A. Martinovich testified at his federal fraud trial Monday that he touted a hedge fund with a large stake in a solar panel company for one simple reason: He strongly believed in the solar firm's prospects. Martinovich, the...
Tags: Trips and Vacations, Trials, Witnesses, Morgan Stanley Dean Witter & Company, Companies and Corporations
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Hostess to reopen Illinois, Indiana bakeries
The BladeSome former Hostess bakeries are getting ready to reopen, but the one in suburban Toledo will have to wait a little longer. Hostess Brands LLC said Monday that it will open bakeries in Indiana and Illinois, following announcements last week that it will...Tags: Economy, Business and Finance, Northwood, Companies and Corporations, Hostess Brands, Inc., Breads
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Area bankruptcy filings down for second straight year
La Crosse Tribune, Wis.Bankruptcy filings have shown double-digit declines for the second straight year in another sign the housing crisis has turned a corner. Overall, Wisconsin filings were down just 6.7 percent, compared with a 14.4 percent drop nationwide, according to...Tags: Mortgages, Financial and Business Services, Justice System, Bankruptcy, Lawyers
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Chrysler's first-quarter profits dip, expenses for new models rise
Chrysler Group said Monday that its first-quarter profit fell 65% to $166 million. The automaker’s earnings were hurt by higher expenses to launch new models and slower business in Europe and South America. Revenue fell 6% to $15.4 billion...
Tags: Hybrid Vehicles, Big 3 Auto Bailout (2008), Chrysler Group LLC, Automotive Equipment, Vehicles
Apr 10, 2013
|Column| Allentown Morning Call
May 1, 2013
|Story| Reuters
May 1, 2013
|Story| Reuters
May 1, 2013
|Story| Hampton Roads Daily Press
May 1, 2013
|Story| Reuters
May 1, 2013
|Story| Reuters
Apr 30, 2013
|Story| Reuters
Apr 30, 2013
|Story| Chicago Tribune
Apr 29, 2013
|Story| Hampton Roads Daily Press
Apr 30, 2013
|Story| McClatchy-Tribune
Apr 30, 2013
|Story| McClatchy-Tribune
Apr 29, 2013
|Story| Los Angeles Times
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