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SEC accuses city of Victorville, others of fraud in bond sale
Ever since the Department of Defense shut down George Air Force Base in 1992, the high desert town of Victorville has struggled to reinvent itself. The city encouraged massive residential and retail development. It invested in two new power plants....Tags: Economy, Business and Finance, Renewable Energy, Public Officials, Environmental Issues, U.S. Department of Defense
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Rosenthal: The worst of a job seeker's past is often just a few clicks away
"The past is never dead. It's not even past," William Faulkner wrote more than 60 years ago, long before the sound and the fury of online chatter and the Internet's capacity for keeping one's personal history ever-present and unburied. The road people...Tags: Computing and Information Technology Industry, Economy, Business and Finance, Joint Ventures, Employment, Career and Workplace
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Casey Anthony lawyers back in court tomorrow
Attorneys for Casey Anthony will be back in a federal courtroom in Tampa on Wednesday for the latest hearing in her Chapter 7 bankruptcy, where two people suing her for defamation will continue the fight to salvage their lawsuits. The suits, brought...
Tags: Financially Distressed Companies, Justice System, Litigation, Crime, Law and Justice, Tampa
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Chrysler's first-quarter profits dip, expenses for new models rise
Chrysler Group said Monday that its first-quarter profit fell 65% to $166 million. The automaker’s earnings were hurt by higher expenses to launch new models and slower business in Europe and South America. Revenue fell 6% to $15.4 billion...
Tags: Chrysler Group LLC, Jeep, Hybrid Vehicles, Manufacturing and Engineering, Italy
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Martinovich found guilty on 17 federal fraud counts
NEWPORT NEWS — A federal jury on Monday found Jeffrey A. Martinovich, the head of now-defunct MICG Investment Management, guilty on 17 of the 25 fraud counts he faced. Following a case that saw more 35 witnesses take the stand and featured...
Tags: Justice System, Economy, Business and Finance, Prosecution, Stock Market, Crimes
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Hostess to open bakeries in Indiana and Illinois
KANSAS CITY, Mo. (AP) — Hostess Brands LLC said Monday that it will open bakeries in Indiana and Illinois, following announcements last week that it will reopen bakeries in Georgia and Kansas in its effort to bring back some of its snack brands....Tags: Financially Distressed Companies, Economy, Business and Finance, Hostess Brands, Inc., Schiller Park, Companies and Corporations
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Casey Anthony trustee withdraws plan to sell her life story in bankruptcy
A trustee has withdrawn his plan to sell the rights to Casey Anthony's life story as part of her Chapter 7 bankruptcy. The trustee overseeing Anthony's bankruptcy, Stephen L. Meininger, had filed a motion in March seeking permission to sell "the...
Tags: Financially Distressed Companies, Justice System, Crime, Law and Justice, Lawyers
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Hostess opens more bakeries; Twinkie operations to start in May
This post has been corrected. See the note at the bottom for details. Crack open the Ho Hos and Twinkies you’ve been hoarding. The new Hostess Brands said Monday that it would open bakeries in Indianapolis, Indiana and Illinois. The...
Tags: Strikes, Economy, Business and Finance, Hostess Brands, Inc., Career and Workplace, Labor Legislation
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N.J. firm to finish Allentown apartments stalled by a Ponzi scheme
Nearly three years after construction stalled at the Summit Ridge Apartments on Allentown's east side, a New Jersey real estate firm has picked up where the project's bankrupt developer left off. After foreclosing on the property and winning an $8.3...Tags: Justice System, Economy, Business and Finance, Prosecution, Foreclosures, Allentown
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New testimony backs up Shapiro claims of yacht parties with Miami athletes
CORAL GABLES — New testimony related to Nevin Shapiro's on-going bankruptcy backs up at least some of the former UM booster's claims of NCAA rule violations. Roberto Torres, the former chief financial officer for Shapiro's Capitol Investments, was...Tags: Financially Distressed Companies, Justice System, Prosecution, Miami (Miami-Dade, Florida), Witnesses
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Patriot Coal's bid to cut retiree benefits now in hands of bankruptcy judge
ST. LOUIS, Mo. -- A bankrupt St. Louis-based coal company's push to significantly cut thousands of retirees' health care and pension benefits is in the hands of a judge. U.S. Bankruptcy Judge Kathy Surratt-States has until May 29 to decide the matter...
Tags: Financially Distressed Companies, Justice System, Economy, Business and Finance, Peabody Energy Corporation, Crime, Law and Justice
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Search group objects to Casey Anthony's bankruptcy discharge
Another debtor is fighting Casey Anthony's attempt to clean her financial slate through bankruptcy: Texas Equusearch, the search-and-recovery group that looked for Anthony's daughter in 2008. Texas Equusearch is suing Anthony in state court, alleging...
Tags: Financially Distressed Companies, Casey Anthony
Apr 30, 2013
|Story| Los Angeles Times
May 8, 2013
|Column| Chicago Tribune
May 7, 2013
|Story| Orlando Sentinel
Apr 29, 2013
|Story| Los Angeles Times
May 6, 2013
|Story| Daily Press
Apr 29, 2013
|Story| WSBT-TV
May 7, 2013
|Story| Orlando Sentinel
Apr 29, 2013
|Story| Los Angeles Times
Apr 29, 2013
|Story| Allentown Morning Call
May 6, 2013
|Story| South Florida Sun-Sentinel
May 6, 2013
|Story| KY3-TV
May 6, 2013
|Story| Orlando Sentinel
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