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Poor management, not union intransigence, killed Hostess
Let's get a few things clear. Hostess didn't fail for any of the reasons you've been fed. It didn't fail because Americans demanded more healthful food than its Twinkies and Ho-Hos snack cakes. It didn't fail because its unions wanted it to die. It...
Tags: Marketing, Employment Opportunities, Pension and Welfare, Politics, Career and Workplace
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Hostess to sell Wonder Bread, other brands for $390 million
Hostess Brands Inc. agreed to sell many of its bread brands – including Wonder and Nature’s Pride – to rival bakery business Flowers Foods as the liquidating company prepares to shut itself down. Flowers, which owns the Tastykake and...
Tags: Companies and Corporations, Hostess Brands, Inc., Bankruptcy, Breads, Economy, Business and Finance
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Atari U.S. operation files for bankruptcy
The U.S. operations of iconic but long-troubled video game maker Atari have filed for bankruptcy in an effort to break free from their debt-laden French parent. Atari Inc. and three of its affiliates filed petitions for Chapter 11 reorganization in U.S....
Tags: Atari Incorporated, Conservation, Environmental Issues, Companies and Corporations, Bankruptcy
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Patrick Dempsey beats Starbucks, will pay $9.15 million for Tully's
Looks like Patrick Dempsey is no longer just the studliest fictional doctor in Seattle. He's likely the city’s newest coffee chain owner as well. The actor, known for his McDreamy persona on the television show "Grey's Anatomy," says he's headed...
Tags: ABC (tv network), Companies and Corporations, Patrick Dempsey, Bankruptcy, Grey's Anatomy (tv program)
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Challenge to San Bernardino's bankruptcy to be argued in court
L.A. NOWSan Bernardino officials will be in federal Bankruptcy Court on Friday morning to rebut efforts by CalPERS, the state retirement system, and other creditors to challenge the city’s filing for bankruptcy protection. San Bernardino stopped making... -
Lenny Dykstra assaulted 2 L.A. jail officials, authorities say
L.A. NOWFormer New York Mets star Lenny Dykstra was sentenced to an additional 61/2 months on Monday for federal bankruptcy fraud, officials revealed he assaulted two workers at the L.A. County Jail. Dykstra, who helped the Mets win the 1986 World...... -
San Bernardino official amends his 'lock doors, load guns' remark
L.A. NOWSan Bernardino’s city attorney Monday hedged -- a wee bit -- his comment last week that residents should “lock their doors and load their guns” because of rising crime and cuts to the police force triggered by the city’s... -
Lenny Dykstra was injured while in custody, officials reveal
L.A. NOWLenny Dykstra was struck by Los Angeles County Sheriff's deputies during a struggle after he was taken into custody last April for a series of financial crimes, officials revealed Monday during a sentencing hearing in federal court. U.S. District Court...... -
Bankrupt San Bernardino cuts $26 million, tries to stay afloat
L.A. NOWSaying that they had little choice, the San Bernardino City Council voted to make $26 million in spending cuts in an effort to keep the bankrupt city from dissolving and being governed by the county.... -
San Bernardino slashes budget, including police and fire
L.A. NOWThe City Council of San Bernardino, which is in bankruptcy and facing a $45.8-million budget shortfall, on Monday voted to slash more than $26 million in spending and freeze debt payments as the financially troubled city struggles to stay afloat....... -
Schuller to get less than $1 million from bankrupt ministry
L.A. NOWThis post has been corrected. See note as bottom for details. Robert H. Schuller -- the founder of Crystal Cathedral and long the face of the globally watched "Hour of Power" television program -- and his family will be paid...... -
Santa Ana-based Edison Mission Energy files for bankruptcy
Edison Mission Energy, an unregulated power-generating unit of Rosemead-based Edison International, said Monday that it had filed for bankruptcy and had agreed on a reorganization plan with its parent company and holders of its $3.7 billion in debt. &...
Tags: Energy Resources, Companies and Corporations, Petroleum Industry, Energy, Bankruptcy
Nov 25, 2012
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Dec 21, 2012
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Nov 27, 2012
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Nov 26, 2012
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Nov 26, 2012
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Dec 17, 2012
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