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With state appointee in control, new mayor of Pa. capital could have little role in debt deal
HARRISBURG, Pa. (AP) — Pennsylvania's debt-laden capital city will have a new mayor next year, but that could mean little for Harrisburg's most pressing financial problems. Mayor Linda Thompson lost Tuesday's Democratic Party primary election....Tags: Primaries, Elections, Harrisburg (Dauphin, Pennsylvania), Politics
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US auto factories cutting back on summer downtime
DETROIT (AP) — The Detroit automakers are largely forgoing the traditional two-week summer break at their factories and speeding up production to meet buyers' growing demand for new cars and trucks. Ford Motor Co. said Wednesday that 21 of its...
Tags: Toyota, GMC, Chrysler, Nissan, Chrysler Group LLC
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AMF Bowling plans to merge with New York-based company
AMF Bowling Worldwide Inc. plans to merge with New York-based bowling center operator Bowlmor, the Richmond Times-Dispatch reported. The merger is part of the plan for Hanover County-based AMF Bowling to pay creditors’ debts and exit Chapter 11...
Tags: Companies and Corporations, Bowling, Sports, Hampton Roads, Financially Distressed Companies
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Sinbad Bankrupt And Owes $8 Million To The IRS
By Terri SchwartzZap2it 7:32 p.m. EDT, May 20, 2013 Not only has Sinbad gone bankrupt, but he's also facing a whole lot of debt. The comedian filed for Chapter 13 in April and claims he owes $8.3 million to the IRS for taxes from 1998 to 2006. He also...
Tags: Entertainment, Internal Revenue Service
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For candidates and campaigners, the hangover begins
For candidates, campaigners, consultants and donors, Tuesday night must feel a little like standing at the roulette table in a Las Vegas Casino. Bets are down and the wheel is spinning. Who will win, who will lose, no one knows until the wheel stops. Or...
Tags: Local Government, Politics, Elections
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KidsPeace files for bankruptcy
Carrying $240 million in debt, Orefield-based KidsPeace filed for bankruptcy Tuesday. The move comes after years of struggles in which the organization that gives treatment to troubled and autistic children laid off workers and missed debt payments....
Tags: Companies and Corporations, Unemployment, Social Services, Layoffs and Downsizing, Lehigh County
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Bob Lutz and VL Automotive, Wanxiang trying to buy Fisker
Autoblog.comFiled under: EV/Plug-in, Hybrid, Fisker Chinese company Wanxiang was in the news earlier this year, as it moved to acquire bankrupt automotive battery company A123. Turns out, while that was taking place in the public eye, Wanxiang was also working with... -
Rival buys shuttered furnishings retailer Chiasso
Tribune reporterChiasso, the shuttered purveyor of upscale and eclectic home furnishings, has been acquired by its New Jersey-based competitor Inmod.com. The 28-year-old Chiasso closed in February, citing "economic conditions" on its Facebook page. The retailer...Tags: Furniture, Services and Shopping, Media Industry, Pottery Barn
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Latest Pennsylvania business
US-PPG-ACQUISITION PPG Industries closes on acquisition of Deft PITTSBURGH (AP) — PPG Industries Incorporated, which makes paints and coatings for autos, aircraft and other industries, has completed its acquisition of specialty coatings company...Tags: Crime, Law and Justice, Pennsylvania Statue University Sexual Abuse Scandal (2012), Auction Service, Urban Outfitters Incorporated, Clubs and Associations
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In Karoly will dispute, millions in administrative expenses
In the end, lawyers could end up with most of the money in the bitterly contested estates of Allentown medical malpractice attorney Peter Karoly and his wife, Dr. Lauren Angstadt. During six years of legal limbo, the estates have racked up $3.74...Tags: Crime, Law and Justice, Finance, Justice System, Judges, Allentown
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Latest Maryland and Delaware news, sports, business and entertainment
POWERBALL-MARYLAND Maryland Lottery says glitch in system fixed (Information in the following story is from: WBAL-TV, http://www.wbaltv.com) BALTIMORE (AP) — Maryland Lottery officials say a software problem made it impossible for some winners of...Tags: Crime, Law and Justice, Sergio Garcia, Lotteries, Maryland State Police, Motorvehicle Accidents
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Report: 3 former Saab execs charged with tax evasion
Autoblog.comFiled under: Europe, Government/Legal, Saab The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says they're suspected...
May 22, 2013
|Story| AP Pennsylvania
May 22, 2013
|Story| Petoskey News
May 22, 2013
|Story| Daily Press
May 22, 2013
|Story| WSBT Radio
May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Allentown Morning Call
May 21, 2013
|Blog| Autoblog.com
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
|Story| AP Pennsylvania
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Story| AP Maryland
May 20, 2013
|Blog| Autoblog.com
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