Highlights
A collection of news and information related to Bankruptcy published by Tribune Company sources.
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Freeport family battered by economy
randi.marshall@newsday.comIt hasn't been an easy economic road for Joan Fennell. Once a hotel chef, Fennell, 58, and her husband Joseph, 63, used to have plenty of savings and a comfortable income. When she became disabled, Fennell switched jobs, working as a conference...Tags: Financial and Business Services, Foreclosures, Economy, Homes, Long Island
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Liquidation unlikely as papers miss obligations
AP Business WriterNewspaper companies have been skipping loan payments, missing financial targets in debt agreements and accepting higher interest rates in exchange for more flexibility -- and they're not even directly feeling the impact of the credit crisis yet. But...Tags: Chicago Cubs, Stock Broking, Major League Baseball, New York Stock Exchange, Tribune Co.
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Major economic challenges face the next president
randi.marshall@newsday.comThe stock market is on a quick-moving roller coaster, huge financial firms are still sizing up staggering losses and bailouts are barely making a ripple of impact. Retailers and restaurants are seeing slowing sales, just as the holiday season gets...Tags: Budgets and Budgeting, Financial Markets, John McCain, Wages and Pensions, U.S. Elections
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A wake-up call on hidden fees
Dear Mary: My husband and I are newly married and new to the world of paying our cell phone bill. Our first bill was higher than I thought it should be. I noticed a lot of fees and charges. Is there really a fee to call 911 from a cell phone? Should I...Tags: Cell Phones, Paramount, State Budgets
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As easy credit dries up, a nation reliant on debt navigates a new financial landscape
AP National WriterAn inflatable gorilla beckoned from the roof of Don Brown Chevrolet in St. Louis, servers doled out free bowls of pasta and a salesman urged potential customers to "come on up under the canopy and put your hands on" a new set of wheels. But sitting...Tags: Personal Income, Federal Reserve, Chicago Mortgages, Homes, Columbus
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Slots Q&A: Scott Arceneaux, slots opponent
Scott Arceneaux is a senior adviser to Marylanders United to Stop Slots, which opposes the ballot proposal. He is a veteran political strategist who managed several campaigns and was state Democratic Party executive director in his native Louisiana before...Tags: Election Day, Casino and Gambling, Voting, Referenda, Democratic Party
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Lessons twentysomethings can get
Chicago TribuneThe U.S. Treasury recently launched a campaign to teach college-age consumers about credit. The timing was uncanny: The campaign was rolled out the day after investment bank Lehman Brothers Holdings Inc. filed for bankruptcy. The Treasury seems to...Tags: Consumer Electronics Industry, Lehman Brothers Holdings Incorporated, Consumers
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Treasury plans new lesson
The U.S. Treasury recently launched a campaign to teach college-age consumers about credit. The timing was uncanny: The campaign was rolled out the day after investment bank Lehman Brothers Holdings Inc. filed for bankruptcy. The Treasury seems to...Tags: Consumer Electronics Industry, Lehman Brothers Holdings Incorporated, Academic Progress, Consumers, Colleges and Universities
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Grappling with high personal debt
Special to The TimesDear Liz: My wife and I have two young children, a mortgage and two financed cars. We also have more than $100,000 of debt, mostly on credit cards that are in my wife's name. Our savings are gone. I have never been in this situation before. I am self-...Tags: Studio City, Homes, Credit and Debt, Mergers, Acquisitions and Takeovers, State Budgets
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After the bailout, some wining and dining
Special to The Morning CallWhen the going gets tough, the tough get pedicures. Just days after the federal government committed $85 billion of taxpayers' money to a bailout of insurance giant AIG last month, senior execs from the troubled company headed to California's ultra-...Tags: American International Group, Personal Service, Wine, Beer, and Spirits, Ethics, Financially Distressed Companies
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Analysts: GM would need cash to acquire Chrysler, and it may take too long to see cost savings
AP Auto WriterDETROIT (AP) _ For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, according to industry analysts. With both automakers struggling to survive amid slumping...Tags: Regional Authority, Federal Reserve, Corporate Performance, Ford Motor Co., Daimler AG
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Help Wanted: How WARN act applies to company closures
carrie.mason-draffen@newsday.comDEAR CARRIE: I work for a company that is in Chapter 11 bankruptcy and will be going out of business in 60 days. My head is spinning with questions. What are our rights? Is our job secure for these 60 days, or can we be laid off at any time before that?...Tags: Plant Closings, Labor Legislation, Employers, Unemployment, Unions
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Oct 12, 2008
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|Column| Los Angeles Times
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|Story| Allentown Morning Call
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|Story| Associated Press
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