Summary
A collection of news and information related to Bankruptcy published by Tribune Company sources.
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1422 items on Bankruptcy
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Housing help
Sweeping legislation that offers help for every group battered by the mortgage foreclosure crisis will be voted on in coming days. The bill also includes something for almost everyone to hate. But Congress and President Bush should act quickly to make...Tags: Government, Executive Branch, Foreign Aid, George Bush, Mortgages
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Oil Prices Lowest Since Early June
Oil prices shed nearly $4 Wednesday, tumbling below $125 a barrel for the first time since early June on growing fears that high prices and the weak economy are destroying demand. Light, sweet crude for September delivery dropped $3.98, to settle at...Tags: Government, Economy, Wright Express Corporation, Commodity Markets, AAA
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Medical licensing of pilot of crashed plane in Ocean Ridge questioned
South Florida Sun-SentinelFederal aviation officials investigating Tuesday's crash of a twin-engine Cessna that struck Ocean Ridge's new Town Hall want to know three things: Was the pilot medically qualified to fly, did he own the plane and why did it fall out of the sky. Laurent...Tags: Transportation Accidents, Ocean Ridge, Air Transportation Industry, Boca Raton, Transportation Industry
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Chrysler plans to cut 1,000 salaried jobs
AP Auto WriterChrysler LLC said Wednesday it will cut 1,000 salaried jobs worldwide by Sept. 30 as it tries to return to profitability amid a severe downturn in U.S. sales. The automaker announced the cuts in a letter to employees. Chrysler spokesman David Elshoff...Tags: Ford Motor Co., Heavy Engineering, Vehicles, Sales, Fuel-efficient Cars
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Bridgeport Shipyard Seeks Bankruptcy Protection
BRIDGEPORT, Conn. (AP)- Derecktor Shipyards Connecticut in Bridgeport has filed for Chapter 11 bankruptcy protection, but says the reorganization is not expected to affect its 250 workers. The boatyard makes and repairs yachts, ferries, crab boats and...Tags: Bill Finch, Financially Distressed Companies, Bridgeport (Fairfield, Connecticut), Shipbuilding
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Plane crashes into Ocean Ridge City Hall
South Florida Sun-SentinelA home developer who said in court documents that he kept a plane secret from creditors during his bankruptcy crashed a twin-engine Cessna on Tuesday afternoon at the site of the town's nearly completed $4 million municipal complex. Construction and...Tags: Court Administration, Boynton Beach, Air Transportation Industry, Boca Raton, Employees
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South Florida businessmen accused of cheating hospital, IRS
South Florida Sun-SentinelTwo brothers who built a South Florida medical supply firm into one of the country's largest Hispanic-owned businesses cheated a Miami-Dade County hospital out of roughly $5 million and failed to pay taxes on more than $20 million of income, federal...Tags: Corporate Crime, Johnson & Johnson Incorporated, Punishment, Hospitals and Clinics, Coconut Grove
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How much more foreclosure pain?
Today's questions: There's evidence that a large percentage of modified mortgages with lower interest rates and loans with new repayment plans are going bad again. What does this say about the housing crisis? Previously, Landsburg and Henwood discussed...Tags: Economy, House, Phil Gramm, Mortgages, Financial and Business Services
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Brothers accused of bilking $5 million from Miami-Dade hospital expected to surrender
Sun-Sentinel.comTwo brothers who built a South Florida medical supply firm into one of the country's largest Hispanic-owned businesses cheated a Miami-Dade County hospital out of roughly $5 million and failed to pay taxes on more than $20 million of income, federal...Tags: Corporate Crime, Johnson & Johnson Incorporated, Punishment, Hospitals and Clinics, Coconut Grove
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UAL gets cash infusion amid $2.73 billion loss
AP Business WriterUnited Airlines shares zoomed up 45 percent on Tuesday after it announced plans for a major cash infusion, a smaller-than-expected quarterly loss, and reductions in flying and jobs intended to help it fight high fuel prices. Chicago-based United...Tags: United Airlines, J.P. Morgan Chase & Co., Retirement, Air Transportation Industry, Frontier Airlines Incorporated
Jul 24, 2008
|Story| Baltimore Sun
Jul 24, 2008
|Story| Associated Press
Jul 24, 2008
|Story| South Florida Sun-Sentinel
Jul 23, 2008
|Story| Associated Press
Jul 22, 2008
|Story| WTIC-TV
Jul 22, 2008
|Story| South Florida Sun-Sentinel
Jul 22, 2008
|Story| South Florida Sun-Sentinel
Jul 23, 2008
|Story| Los Angeles Times
Jul 22, 2008
|Story| South Florida Sun-Sentinel
Jul 22, 2008
|Story| Associated Press
