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Economics News

Economics News continually updated from thousands of sources around the net.

4 hrs ago | Wheeling News

Punishing Those Liable for Leak

Freedom Industries is behind the disastrous chemical leak at Charleston earlier this year.

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Related Topix: Charleston, WV, Bankruptcy

8 hrs ago | The Modesto Bee

Kemper Co. official: Pharma Pac headed for closure

Pharma Pac laid off 84 employees from its DeKalb facility on March 7, according to a notice filed with the Mississippi Department of Employment Security.

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Related Topix: Kemper County, MS, Bankruptcy, Business News

12 hrs ago | Bradenton.com

5 things to know about NYC's Tavern on the Green

Here are five things to know about the once-grand restaurant in Central Park: 1. The Victorian Gothic structure was originally built in 1870 as a sheepfold for the flock that grazed in the Sheep Meadow.

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Related Topix: Bankruptcy, Life, Food, Dining

13 hrs ago | Ledger-Enquirer.com

Board approves tax credit for buyer of hospital

Hospital board attorney Walter Brown told aldermen Tuesday the tax credit is a "quick step forward" to completing the sale.

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Related Topix: Bankruptcy

17 hrs ago | Tri-cityherald.com

Greece hits milestone, opens way for debt relief

Additional help from its bailout creditors would help the crisis-stricken country as it seeks to overcome a protracted recession and tackle rampant unemployment.

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Related Topix: Bankruptcy

18 hrs ago | Myrtle Beach Online

Yields fall sharply in Portuguese debt auction

Brokers work in a trading room of a Portuguese bank in Lisbon, Wednesday, April 23, 2014.

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Related Topix: Bankruptcy, Business News

20 hrs ago | EETimes

resistion It might be doable, the MTJ would have to be scaled down...

It might be doable, the MTJ would have to be scaled down deep sub-20 nm, possibly more aggressively than PCM or floating gate, effectively.

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Related Topix: Science / Technology, CPU, Bitcoin

Tue Apr 22, 2014

Seattle Post-Intelligencer

Business Highlights

The Labor Department said Tuesday that the unemployment rate for 2013 college graduates was 10.9 percent.

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Related Topix: Automakers, General Motors, Bankruptcy, TV, Electronics, Watches

West Australian

GM seeks U.S. court protection against ignition lawsuits

Plaintiffs suing the company also filed a proposed class action lawsuit in Manhattan bankruptcy court on Monday, seeking an order declaring that GM cannot use the bankruptcy protection to absolve itself from liabilities.

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Related Topix: Bankruptcy

WHTC

Detroit bankruptcy judge taps consultants for city...

The federal judge overseeing Detroit's historic bankruptcy case tapped a top restructuring official at Phoenix Management Services on Tuesday to help the court determine if the city's plan to adjust its $18 billion of debt is feasible.

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Related Topix: Bankruptcy, Detroit, MI

KBCI CBS 2

General Motors seeks more protection from lawsuits

General Motors Co. is asking a U.S. bankruptcy judge to shield it from legal claims for actions that took place before the company's 2009 bankruptcy.

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Related Topix: Bankruptcy, Corpus Christi, TX

KMIZ

You could soon use bitcoin to support political campaigns

The Federal Election Commission will consider a request this Wednesday that could open the floodgates for donors to make political contributions in bitcoin in the upcoming midterm elections.

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Related Topix: Bitcoin, Financial Markets

Myrtle Beach Online

Steinhafels' American TV purchase approved

American TV went out of business last month and shuttered 11 locations. Nearly 1,000 people in Wisconsin, Illinois and Iowa lost their jobs.

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Related Topix: Dane County, WI, Bankruptcy, Business News

WXMI-TV Grand Rapids

College Grads Hit with Default When Co-signers Die, Go Bankrupt

Student loan borrowers are suddenly being thrown into default when the co-signer on their loan - often a parent or grandparent - dies or files for bankruptcy.

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Related Topix: Bankruptcy

ABC News

General Motors Seeks More Protection From Suits

General Motors Co. has filed suit in a U.S. bankruptcy court asking a judge to protect the company from legal claims for actions that took place before it emerged from bankruptcy in 2009.

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Related Topix: Bankruptcy

Mon Apr 21, 2014

Business Journal

Coldwater Creek to close all its stores

Coldwater Creek will liquidate its assets after a bankruptcy filing, according to reports by Bloomberg and CNBC.

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Related Topix: Bankruptcy, Sandpoint, ID

Detroit News

Ford said to name Fields CEO, give Mulally departure date

Ford Motor Co., the second-largest U.S. automaker, will soon name Mark Fields its next chief executive officer and reveal when current CEO Alan Mulally will retire from the company he is credited with saving, according to two people familiar with the pending announcement.

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Related Topix: Ford F-150, Ford, Truck, Automakers, Ford Motor, Dearborn, MI, Bankruptcy

Seattle Post-Intelligencer

Genco files for Chapter 11 bankruptcy protection

Drybulk shipper Genco Shipping filed for Chapter 11 bankruptcy protection on Monday as it tries to reorganize its business and reduce debt.

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Related Topix: Bankruptcy

Detroit News

U.S. Treasury chief to visit Detroit

U.S. Treasury Secretary Jacob Lew will make a two-day trip to Detroit this week, the latest high-profile visit by the Obama administration to the Motor City working to exit bankruptcy.

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Related Topix: Bankruptcy, General Motors, Automakers

Washington Times

Court to consider Natchez hospital ombudsman

The federal bankruptcy court overseeing Natchez Regional Medical Center's Chapter 9 filing will decide this week if it needs to appoint a special patient advocate for the duration of the process.

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Related Topix: Bankruptcy

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