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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: Services and Shopping, Furniture, Media Industry, Pottery Barn
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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... -
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: Economy, Business and Finance, Lehigh County, Orefield, Interior Policy, Autism
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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: Nissan, Chrysler, Jeep, GMC, Ford
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Sinbad bankrupt and owes $8 million to the IRS
Zap2itNot 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 owes state and federal taxes from 2009 to 2012. To...Tags: Entertainment, Internal Revenue Service
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Aberdeen-area bankruptcies for May 9-15, 2013
Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for May 9-15, 2013. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers...Tags: Financially Distressed Companies
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Shift from Schwinn to SRAM mirrors change in bicycle business
John Nedeau rides his bike to work when he can. He has a good bike. He's a good rider. He works for a company called SRAM. Its global headquarters on Chicago's North Side is a long way from his home in suburban Lake Bluff, but Nedeau averages about 30...
Tags: Economy, Business and Finance, Hobbies, Companies and Corporations, Columbia College Chicago, Lifestyle and Leisure
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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: Finance, Economy, Business and Finance, Lawyers, Financially Distressed Companies, Justice System
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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... -
All powerful government
It was interesting, but not surprising, to read Saturday's story on the extraordinary scrutiny given to Somerset County's Roof Garden Patriots tea party's application for designation as a nonprofit organization. After all, many residents of this county... -
Unfinished buildings in Lake Mary a reminder of real-estate crash
For motorists in Seminole County, the cluster of unfinished buildings near the Seminole Towne Center mall is a high-profile reminder of how the real-estate crash is still taking a toll on the landscape. A never-completed strip shopping center faces...
Tags: Politics, Government, Interstate 4, Lake Mary, Public Officials
May 21, 2013
|Story| Chicago Tribune
May 21, 2013
|Blog| Autoblog.com
May 21, 2013
|Story| Los Angeles Times
May 21, 2013
|Story| Allentown Morning Call
May 22, 2013
|Story| Petoskey News
May 20, 2013
|Story| Zap2It
May 19, 2013
|Story| Aberdeen News
May 19, 2013
|Column| Chicago Tribune
May 20, 2013
|Story| Allentown Morning Call
May 20, 2013
|Blog| Autoblog.com
May 20, 2013
|Story| Daily American
May 20, 2013
|Story| Orlando Sentinel
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