Aircraft manufacturer Hawker Beechcraft to lay off 170 people
August 4th, 2012 - 1:41 am ICT by BNO News
LITTLE ROCK, ARKANSAS (BNO NEWS) -- Aircraft manufacturer Hawker Beechcraft on Thursday said it plans to cut 170 jobs at its completion center in Arkansas, coming just weeks after the company entered ... Read more...
Posted in Business |
Groupon wants to help Barnes & Noble
February 5th, 2011 - 12:15 am ICT by Aishwarya Bhatt
New York, Feb 4 (THAINDIAN NEWS) Groupon is on a mission to save Barnes & Nobles. Groupon is offering Barnes & Nobles’s gift cards for half their value.The plan is to get ... Read more...
Posted in Technology Industry News |
Michael Jackson’s doctor Arnie Klein files for bankruptcy
January 26th, 2011 - 8:25 pm ICT by Aishwarya Bhatt
Los Angeles, Jan 26 (THAINDIAN NEWS) Michael Jackson’s former dermatologist and long time friend, Arnie Klein has filed for bankruptcy protection. Dr. Arnold Klein is believed to owe between $1 million and ... Read more...
Posted in Entertainment |
National Enquirer Publisher Files for Chapter 11 Bankruptcy
November 18th, 2010 - 10:10 pm ICT by Angela Kaye Mason
Nov 18 (THAINDIAN NEWS) American Media Inc, which is the publisher for the well known gossip tabloids known as the ‘National Enquirer’ and ‘Star’ filed for Chapter 11 Bankruptcy Protection on ... Read more...
Posted in Business |
National Enquirer Files For Chapter 11 Bankruptcy
November 18th, 2010 - 8:40 pm ICT by GD
By Gina Gomez
Nov 18, (THAINDIAN NEWS) American Media Inc., the publisher for the Star supermarket tabloids and The National Enquirer filed for bankruptcy protection in the U.S. Bankruptcy Court. The media outlets ... Read more...
Posted in Business |
Publisher Of ‘National Enquirer’ Goes To Court For Bankruptcy Protection
November 18th, 2010 - 8:34 pm ICT by Pen Men At Work
November 18, 2010 (Pen Men at Work): American Media Inc. (AM), which is the renowned publisher of National Enquirer and the Star supermarket broadsheets, launched proceedings on Wednesday for Chapter 11 bankruptcy ... Read more...
Posted in Business |
Crystal Cathedral Files For Chapter 11 Protection
October 19th, 2010 - 7:40 pm ICT by GD
By Meena Kar
Oct 19, (THAINDIAN NEWS) Televangelist Robert Schuller's Crystal Cathedral filed for bankruptcy protection on Monday reported a source. This glass mega church, located in Southern California, was built in 1950, ... Read more...
Posted in World News |
Clintons ‘to buy $11M Westchester mansion’
July 11th, 2010 - 4:26 pm ICT by ANI
New York. July 11 (ANI): Bill and Hillary Rodham Clinton are reportedly set to buy a deluxe mansion in Westchester.The Clintons are planning to trade their almost-modest suburban Chappaqua home for ... Read more...
Posted in World |
SEC To Examine The Accounting Measure Of Lehman
April 21st, 2010 - 9:42 pm ICT by Pen Men At Work
April 21, 2010 (Pen Men at Work): Security and Exchange Commission (SEC) has declared that it is examining if any of America’s biggest 19 banks are utilizing an accounting measure, which ... Read more...
Posted in Business |
Donald Trump wins over Carl C. Icahn in his fight for the control of the ‘Trump Entertainment Resorts’
April 15th, 2010 - 9:37 pm ICT by Aishwarya Bhatt
Atlantic City, Apr 15 (THAINDIAN NEWS) Donald Trump emerged victorious in the battle for the Trump Entertainment Resorts. He defeated his nearest rival Carl C. Icahn, but Icahn has got over ... Read more...
Posted in Business |
Sex.com Goes Bankrupt, Creditors Interrupt Auction
March 21st, 2010 - 7:32 pm ICT by GD
By Madhuri Dey
California, Mar 21, (THAINDIAN NEWS) Sex.com, one of the hottest websites on the internet, has been forced to enter bankruptcy, thanks to the creditors of the company who filed a ... Read more...
Posted in Business |
Trump vs. Icahn fight heads to the US Bankruptcy court
February 25th, 2010 - 12:10 am ICT by Aishwarya Bhatt
Atlantic City, Feb 24 (THAINDIAN NEWS) The Donald Trump vs. Carl C. Icahn fight is heading to the US Bankruptcy courts. They are fighting over the Atlantic City hotel-casinos, which bear ... Read more...
Posted in Business |
Aftershock- a new season on the BBC’s international news services investigating the impact of the global recession.
August 28th, 2009 - 11:08 am ICT by Sampurn Wire
BBC World News, BBC World Service and BBC.com
27 August, 2009. On September 15, 2008, New York-based Lehman Brothers, one of the world's oldest and most respected investment banks, filed for Chapter ... Read more...
Posted in Entertainment |
Reader’s Digest To File For Chapter 11 Bankruptcy
August 17th, 2009 - 11:49 pm ICT by GD
If you are a self confessed bookworm or not, there is hardly anyone who has not heard of or even known the existence of the ever popular Reader's Digest. Moving beyond being ... Read more...
Posted in Business |
Actor Stephen Baldwin Files For Bankruptcy
July 23rd, 2009 - 12:25 am ICT by GD
Actor Stephen Baldwin, the star of films including "Usual Suspects" and "Bio Dome" has reportedly filed for Chapter 11 bankruptcy protection at a court in New York. The court papers reveal that ... Read more...
Posted in Entertainment |
Bashas Files For Chapter 11 Bankruptcy Reorganization
July 14th, 2009 - 7:37 pm ICT by GD
Bashas' loyalists have a lot more worries on their hands now, as reports seem to suggest that Bashas' Inc. has filed for chapter 11 bankruptcy reorganization in an US Bankruptcy Court on ... Read more...
Posted in Business |
Baseball Star Lenny Dykstra Files For Bankruptcy
July 9th, 2009 - 6:39 pm ICT by GD
Lenny Dykstra, the former star center fielder for the New York Mets and Philadelphia Phillies, is presently going through a harrowing phase in life. According to the reports of the Reuters News ... Read more...
Posted in Sports |
India plans on track: GM MD
June 5th, 2009 - 4:23 pm ICT by IANS
New Delhi, June 5 (IANS) General Motors India is one of the key assets of GM Corp globally and will remain part of the restructured company after bankruptcy proceedings, country president and ... Read more...
Posted in Business |
US parent bankrupt, but GM India plans new car
June 3rd, 2009 - 7:17 pm ICT by IANS
New Delhi, June 3 (IANS) US auto behemoth General Motors Corp may have filed for bankruptcy protection, but its Indian arm is all set for the launch of a new variant of ... Read more...
Posted in Business |
Sichuan Tengzhong buys GMs Hummer business
June 3rd, 2009 - 1:47 am ICT by John Le Fevre
Less than one day after filing for Chapter 11 bankruptcy and announcing the loss of 21,000 jobs and closure of 14 factories, General Motors (GM) has sold its Hummer division to ... Read more...
Posted in Business |
GM sells Hummer
June 2nd, 2009 - 11:11 pm ICT by John Le Fevre
Just one day after filing for Chapter 11 bankruptcy protection in New York, US automaker General Motors (GM) has sold its Hummer truck division.
In April GM said it was considering three ... Read more...
Posted in Business |
GM bankruptcy may impact US steelmakers
June 2nd, 2009 - 2:28 pm ICT by IANS
By Arun Kumar
Washington, June 2 (IANS) The filing for bankruptcy by General Motors may have a major impact on the steel industry as the failed US auto giant owes four US ... Read more...
Posted in Business |
GM has viable plan to exit bankruptcy: Obama
June 2nd, 2009 - 12:05 am ICT by IANS
Washington, June 1 (DPA) US President Barack Obama Monday said he believed General Motors (GM) had developed a viable plan that will allow it to quickly exit bankruptcy.
His comments came after ... Read more...
Posted in Business |
21,000 GM jobs go and factories closed as auto icon crashes and burns
June 1st, 2009 - 11:00 pm ICT by John Le Fevre
American automobile maker General Motors became the largest US corporation to file for bankruptcy when it filed papers with a federal clerk in Lower Manhattan today.The Chapter 11 bankruptcy filing, part ... Read more...
Posted in Business |
Chrysler declaring bankruptcy, seals deal with Fiat (Lead)
May 1st, 2009 - 12:09 am ICT by IANS
Washington, April 30 (DPA) The long ailing US carmaker Chrysler was to enter bankruptcy protection Thursday after last-ditch efforts to get an out-of-court agreement with its creditors collapsed, President Barack Obama ... Read more...
Posted in Business |
Talks fail, Chrysler bankruptcy imminent: Report
April 30th, 2009 - 2:08 pm ICT by IANS
Washington, April 30 (DPA) Talks aimed at saving the ailing US carmaker Chrysler LLC from bankruptcy failed late Wednesday, making the company filing for court protection "all but certain", the Wall ... Read more...
Posted in Business |
Obama says he has no interest in running General Motors
March 31st, 2009 - 5:28 pm ICT by ANI
Washington, Mar. 31 (ANI): US President Barack Obama has clarified that his administration has "no intention" of running General Motors, even as the White House forced the automaker's CEO to resign, ... Read more...
Posted in World |
Recession bites Ushers wine bar
February 3rd, 2009 - 6:23 pm ICT by ANI
Washington, Feb 3 (ANI): Pop star Usher seems to have become the latest victim of recession, as his wine bar in Atlanta has been forced to close.The My Way hitmaker, who ... Read more...
Posted in Entertainment |
Nortel bankruptcy jolts Indian IT outsourcing firms (Lead)
January 15th, 2009 - 9:09 pm ICT by IANS
Mumbai, Jan 15 (IANS) India's outsourcing firms were jolted Thursday after Canada-based Nortel Networks, one of North America's largest telecom equipment firms and a key client for many IT firms in this ... Read more...
Posted in Uncategorized |
Nortel bankruptcy pulls down Indian IT stocks
January 15th, 2009 - 5:06 pm ICT by IANS
Mumbai, Jan 15 (IANS) Indian IT firms received another jolt Thursday when Canada-based Nortel Networks, one of North America's largest telecom equipment firm and an important client for outsourcing firms here, filed ... Read more...
Posted in Business |
Alliance needed to avoid bankruptcy: Jet, Kingfisher
October 15th, 2008 - 2:57 pm ICT by IANS
Hyderabad, Oct 15 (IANS) The code-sharing and operational alliance between Jet Airways and Kingfisher Airlines were needed to avoid bankruptcy and ensure profitability, said the chiefs of the two airlines Wednesday at ... Read more...
Posted in Business |
Markets erase early losses, end week in green (Weekly Roundup)
September 20th, 2008 - 3:53 pm ICT by IANS
Mumbai, Sep 20 (IANS) Assurances from Indian Prime Minister Manmohan Singh and Finance Minister P. Chidambaram together with positive global cues saw Indian equities markets recover from Black Monday blues to end ... Read more...
Posted in Business |
Sensex in red despite recovering 300 points from day’s low (Roundup)
September 15th, 2008 - 7:42 pm ICT by IANS
Mumbai, Sep 15 (IANS) After panic selling throughout the morning, Indian equity markets witnessed a smart recovery but still ended in the red Monday.At the close of trading, the 30-share benchmark sensitive ... Read more...
Posted in Business |
Equity markets continue in free fall (Lead)
September 15th, 2008 - 1:17 pm ICT by IANS
Mumbai, Sep 15 (IANS) Indian equity markets continued in their free fall Monday morning on the back of news that Lehman Bros of the US had decided to file for bankruptcy ... Read more...
Posted in Business |