Plans Bankruptcy

Fitch Takes Various Rating Actions on YRC Worldwide Inc. – Yahoo Finance
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has downgraded the Issuer Default Ratings (IDRs) of YRC Worldwide Inc. (YRCW) and its YRC Regional Transportation, Inc. subsidiary to ‘RD’ from ‘C’ following this morning’s announcement that the company has

Economy 101: The year in autos, by the numbers – Miami Herald
Mullaly says Ford plans to speed up debt repayment Ford Motor Co. CEO Alan Mulally says the automaker plans to speed up debt repayment as its financial condition continues to improve. Mulally also told reporters at a briefing Friday on its new

2009: The Year In Quotes – Progress Illinois
It was a long, eventful, and not-always-productful year in Illinois. As these quotes below remind us, we saw lots of good intentions, plenty of bad ones, and way too many of ugly realities. Happy New Year to all our readers and here’s hoping for a

MORE FROM THE BUSINESS JOURNAL – Central Penn Business Journal
In 2005, the Manns bought Uni-Mart Store No. 94209, a gas station and convenience store at 4361 N increased fuel and other inventory prices,” were among the factors that “prevented us from executing our business plans,” founder Henry D.

Trucker YRC’s debt exchange succeeds, shares fall – Yahoo Finance
OVERLAND PARK, Kansas (Reuters) – U.S. trucking giant YRC Worldwide (NasdaqGS: YRCW – News ) said it averted bankruptcy by finally negotiating a critical debt-for-equity exchange that wipes out $470 million in debt and gives the struggling company

For famed N.Y. tavern, last meal approaches – Daily Oklahoman
NEW YORK — Tavern on the Green, once America’s highest-grossing restaurant, is singing its culinary swan song. David Rosenberger, a doorman for Tavern on the Green in New York, stands outside the entrance to the restaurant. AP Photo The former

Fitch Takes Various Rating Actions on YRC Worldwide Inc. – Yahoo Finance
CHICAGO–(BUSINESS WIRE)–Fitch Ratings has downgraded the Issuer Default Ratings (IDRs) of YRC Worldwide Inc. (YRCW) and its YRC Regional Transportation, Inc. subsidiary to ‘RD’ from ‘C’ following this morning’s announcement that the company has

Economy 101: The year in autos, by the numbers – Miami Herald
Mullaly says Ford plans to speed up debt repayment Ford Motor Co. CEO Alan Mulally says the automaker plans to speed up debt repayment as its financial condition continues to improve. Mulally also told reporters at a briefing Friday on its new

2009: The Year In Quotes – Progress Illinois
It was a long, eventful, and not-always-productful year in Illinois. As these quotes below remind us, we saw lots of good intentions, plenty of bad ones, and way too many of ugly realities. Happy New Year to all our readers and here’s hoping for a

MORE FROM THE BUSINESS JOURNAL – Central Penn Business Journal
In 2005, the Manns bought Uni-Mart Store No. 94209, a gas station and convenience store at 4361 N increased fuel and other inventory prices,” were among the factors that “prevented us from executing our business plans,” founder Henry D.

Trucker YRC’s debt exchange succeeds, shares fall – Yahoo Finance
OVERLAND PARK, Kansas (Reuters) – U.S. trucking giant YRC Worldwide (NasdaqGS: YRCW – News ) said it averted bankruptcy by finally negotiating a critical debt-for-equity exchange that wipes out $470 million in debt and gives the struggling company

For famed N.Y. tavern, last meal approaches – Daily Oklahoman
NEW YORK — Tavern on the Green, once America’s highest-grossing restaurant, is singing its culinary swan song. David Rosenberger, a doorman for Tavern on the Green in New York, stands outside the entrance to the restaurant. AP Photo The former

Year in Review: Local economy ebbed and flowed – Visalia Times-Delta
The business landscape changed in Tulare County when one of the region’s oldest retailers, Gottschalks, filed for bankruptcy protection and shut its doors after more than 100 years. Though not a major employer in terms of jobs, Gottschalks generated

Year in Review: Local economy ebbed and flowed – Visalia Times-Delta
The business landscape changed in Tulare County when one of the region’s oldest retailers, Gottschalks, filed for bankruptcy protection and shut its doors after more than 100 years. Though not a major employer in terms of jobs, Gottschalks generated

Bankruptcy pays off for specialists – Tulsa World
Complete coverage: Read all the stories and documents related to the SemGroup collapse. A bankruptcy filing may usher in a blue morning for financially troubled companies, but it’s a red-letter day for the attorneys, consultants and other

World markets mixed after Wall Street slips – Yahoo Finance
PARIS (AP) — European stock markets were mixed during sluggish year-end trading Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In Europe, the FTSE-100 index of leading British shares held its last full

Stock Futures Set to Dip; Financials Eyed – ABC News
(Reuters) – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 4.30 a.m. ET. Shares in financial

Asian Markets Mixed After Wall Street Slips – ABC News
Asian stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of markets fluctuated, with Japan’s benchmark flat as shares of

Markets Settle Back as Traders Close Books – New York Times
Stocks have started to slip from their highs in the final days of 2009. European stock markets were lower on Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In London, the FTSE 100 index held its last

UPDATE 5-JAL stock hits record low on bankruptcy fears – Reuters
TOKYO, Dec 30 (Reuters) – Japan Airlines Corp ( 9205.T ) stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed

AMC via AP – MSNBC
The year’s big sob story may be coming to a conclusion. Make that a Saab story, for barring a last-minute reprieve, the long-ailing Swedish automaker could be about to follow such brands as Plymouth, Packard, Oldsmobile and Pontiac into oblivion

JAL shares dive to record low on bankruptcy fears – Quad-Cities Times
Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring. Asia’s biggest airline, known as JAL, closed down 24 percent at 67

H1N1 and health reform dominated 2009 medical news – CNN
Concerns about H1N1 caused school closures, public facility shutdowns in major cities Political efforts to reform the U.S. health care system brought protests, support, debates Changes in cancer screening guidelines challenged efficacy of mammograms

Bankruptcy pays off for specialists – Tulsa World
Complete coverage: Read all the stories and documents related to the SemGroup collapse. A bankruptcy filing may usher in a blue morning for financially troubled companies, but it’s a red-letter day for the attorneys, consultants and other

World markets mixed after Wall Street slips – Yahoo Finance
PARIS (AP) — European stock markets were mixed during sluggish year-end trading Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In Europe, the FTSE-100 index of leading British shares held its last full

Stock Futures Set to Dip; Financials Eyed – ABC News
(Reuters) – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 4.30 a.m. ET. Shares in financial

Asian Markets Mixed After Wall Street Slips – ABC News
Asian stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of markets fluctuated, with Japan’s benchmark flat as shares of

Markets Settle Back as Traders Close Books – New York Times
Stocks have started to slip from their highs in the final days of 2009. European stock markets were lower on Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In London, the FTSE 100 index held its last

UPDATE 5-JAL stock hits record low on bankruptcy fears – Reuters
TOKYO, Dec 30 (Reuters) – Japan Airlines Corp ( 9205.T ) stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed

AMC via AP – MSNBC
The year’s big sob story may be coming to a conclusion. Make that a Saab story, for barring a last-minute reprieve, the long-ailing Swedish automaker could be about to follow such brands as Plymouth, Packard, Oldsmobile and Pontiac into oblivion

JAL shares dive to record low on bankruptcy fears – Quad-Cities Times
Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring. Asia’s biggest airline, known as JAL, closed down 24 percent at 67

H1N1 and health reform dominated 2009 medical news – CNN
Concerns about H1N1 caused school closures, public facility shutdowns in major cities Political efforts to reform the U.S. health care system brought protests, support, debates Changes in cancer screening guidelines challenged efficacy of mammograms

UPDATE 5-JAL stock hits record low on bankruptcy fears – Reuters
TOKYO, Dec 30 (Reuters) – Japan Airlines Corp ( 9205.T ) stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed

JAL Stock Hits Record Low on Bankruptcy Rears – CNBC
Japan Airlines stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed turnaround fund has told JAL’s main

Markets Settle Back as Traders Close Books – New York Times
Stocks have started to slip from their highs in the final days of 2009. European stock markets were lower on Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In London, the FTSE 100 index held its last

Asian Markets Mixed After Wall Street Slips – ABC News
Asian stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of markets fluctuated, with Japan’s benchmark flat as shares of

JAL shares dive to record low on bankruptcy fears – Quad-Cities Times
Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring. Asia’s biggest airline, known as JAL, closed down 24 percent at 67

UPDATE 5-JAL stock hits record low on bankruptcy fears – Reuters
TOKYO, Dec 30 (Reuters) – Japan Airlines Corp ( 9205.T ) stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed

JAL Stock Hits Record Low on Bankruptcy Rears – CNBC
Japan Airlines stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed turnaround fund has told JAL’s main

Markets Settle Back as Traders Close Books – New York Times
Stocks have started to slip from their highs in the final days of 2009. European stock markets were lower on Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In London, the FTSE 100 index held its last

Asian Markets Mixed After Wall Street Slips – ABC News
Asian stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of markets fluctuated, with Japan’s benchmark flat as shares of

JAL shares dive to record low on bankruptcy fears – Quad-Cities Times
Shares of struggling Japan Airlines Corp. nosedived to a record low Wednesday on growing fears the money-losing carrier could be put through bankruptcy court as part of restructuring. Asia’s biggest airline, known as JAL, closed down 24 percent at 67

JAL Stock Hits Record Low on Bankruptcy Rears – CNBC
Japan Airlines stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed turnaround fund has told JAL’s main

Markets Settle Back as Traders Close Books – New York Times
Stocks have started to slip from their highs in the final days of 2009. European stock markets were lower on Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In London, the FTSE 100 index held its last

Bankruptcy pays off for specialists – Tulsa World
Complete coverage: Read all the stories and documents related to the SemGroup collapse. A bankruptcy filing may usher in a blue morning for financially troubled companies, but it’s a red-letter day for the attorneys, consultants and other

World markets mixed after Wall Street slips – San Francisco Chronicle
In Europe, the FTSE-100 index of leading British shares held its last full session of the year, inching up 0.5 percent to 5,429.22. In France, the CAC 40 retreated from its 2009 high reached Tuesday, slipping 0.2 percent to 3,953.58 while in Germany

AMC via AP – MSNBC
The year’s big sob story may be coming to a conclusion. Make that a Saab story, for barring a last-minute reprieve, the long-ailing Swedish automaker could be about to follow such brands as Plymouth, Packard, Oldsmobile and Pontiac into oblivion

French constitutional council nixes carbon tax – The Sun News
PARIS — France’s Constitutional Council has struck down a tax on carbon dioxide emissions that was to have gone into effect Jan. 1, part of President Nicolas Sarkozy’s plans to slash the country’s output of greenhouse gases. The Constitutional

SunCruz’ Casino owner files Chapter 7 bankruptcy – The Sun News
The parent company of SunCruz Casinos, which operated a casino boat from Little River, has filed for Chapter 7 bankruptcy, leaving in question whether a second casino boat will ever return to the area. When SunCruz abruptly stopped sailing Dec. 15

Stock Futures Set to Dip; Financials Eyed – ABC News
(Reuters) – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 4.30 a.m. ET. Shares in financial

CALC Wins Nasdaq Delisting Appeal – Biloxi Sun Herald
IRVINE, Calif., Dec. 30 /PRNewswire-FirstCall/ — California Coastal Communities, Inc. (Nasdaq: CALC) announced today that on December 29, 2009, the Nasdaq Hearings Panel determined to grant the Company’s request to remain listed on The Nasdaq Stock

JAL Stock Hits Record Low on Bankruptcy Rears – CNBC
Japan Airlines stock tumbled as much as 32 percent to a record low on Wednesday on growing expectations the struggling carrier was headed for bankruptcy under a state restructuring plan. A government-backed turnaround fund has told JAL’s main

Markets Settle Back as Traders Close Books – New York Times
Stocks have started to slip from their highs in the final days of 2009. European stock markets were lower on Wednesday after Wall Street snapped a six-day advance overnight and Asian markets fluctuated. In London, the FTSE 100 index held its last

Bankruptcy pays off for specialists – Tulsa World
Complete coverage: Read all the stories and documents related to the SemGroup collapse. A bankruptcy filing may usher in a blue morning for financially troubled companies, but it’s a red-letter day for the attorneys, consultants and other

World markets mixed after Wall Street slips – San Francisco Chronicle
In Europe, the FTSE-100 index of leading British shares held its last full session of the year, inching up 0.5 percent to 5,429.22. In France, the CAC 40 retreated from its 2009 high reached Tuesday, slipping 0.2 percent to 3,953.58 while in Germany

AMC via AP – MSNBC
The year’s big sob story may be coming to a conclusion. Make that a Saab story, for barring a last-minute reprieve, the long-ailing Swedish automaker could be about to follow such brands as Plymouth, Packard, Oldsmobile and Pontiac into oblivion

French constitutional council nixes carbon tax – The Sun News
PARIS — France’s Constitutional Council has struck down a tax on carbon dioxide emissions that was to have gone into effect Jan. 1, part of President Nicolas Sarkozy’s plans to slash the country’s output of greenhouse gases. The Constitutional

SunCruz’ Casino owner files Chapter 7 bankruptcy – The Sun News
The parent company of SunCruz Casinos, which operated a casino boat from Little River, has filed for Chapter 7 bankruptcy, leaving in question whether a second casino boat will ever return to the area. When SunCruz abruptly stopped sailing Dec. 15

Stock Futures Set to Dip; Financials Eyed – ABC News
(Reuters) – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 4.30 a.m. ET. Shares in financial

CALC Wins Nasdaq Delisting Appeal – Biloxi Sun Herald
IRVINE, Calif., Dec. 30 /PRNewswire-FirstCall/ — California Coastal Communities, Inc. (Nasdaq: CALC) announced today that on December 29, 2009, the Nasdaq Hearings Panel determined to grant the Company’s request to remain listed on The Nasdaq Stock

Stock Futures Set to Dip; Financials Eyed – ABC News
(Reuters) – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 4.30 a.m. ET. Shares in financial

H1N1 and health reform dominated 2009 medical news – CNN
Concerns about H1N1 caused school closures, public facility shutdowns in major cities Political efforts to reform the U.S. health care system brought protests, support, debates Changes in cancer screening guidelines challenged efficacy of mammograms

Stock Futures Set to Dip; Financials Eyed – ABC News
(Reuters) – U.S. stock index futures pointed to a lower open on Wall Street on Wednesday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.1 percent and Nasdaq 100 futures down 0.1 percent at 4.30 a.m. ET. Shares in financial

H1N1 and health reform dominated 2009 medical news – CNN
Concerns about H1N1 caused school closures, public facility shutdowns in major cities Political efforts to reform the U.S. health care system brought protests, support, debates Changes in cancer screening guidelines challenged efficacy of mammograms

End near for free TV? – Everett Herald
NEW YORK — For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

Springfield City Council panel approves plan to shrink pension board – News-Leader.com
It’s not yet a done deal, but a proposal for shrinking Springfield’s 11-member police-fire pension board to nine — and shifting the balance further toward citizen rather than employee representation — gained approval Tuesday from a City Council

Statler Towers Still In Bankruptcy Future Uncertain – WGRZ TV
Buffalo, N.Y.– The Statler Towers’ hey day is long in the past, the question now is whether there are many days left in its future. On Monday, the local group that won the bid for the Statler at auction over the summer failed for a third time to

A time of sorrow, belt-tightening and fierce local politics – Tacoma News Tribune
Tragic shootings and mysterious disappearances were among the top stories in South Sound in 2009, a marked change after no shootings made The Olympian’s top 10 stories list in 2008. Following are the top 10 stories of 2009, as selected by The

Are days of free TV ending? – Desert Sun
NEW YORK — For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

GM Plans Pontiac Fire Sale – FOX News
General Motors Co. is offering its dealers hefty incentives to move thousands of leftover vehicles from its discontinued Saturn and Pontiac brands. The unusual tactic could inflate the car maker’s December sales and cut the cost to car buyers by as

Pilgrim’s Pride to sell stake to JBS – Tulsa World
The chicken producer is leaving bankruptcy court protection.PITTSBURG, Texas — The chicken producer Pilgrim’s Pride Corp. said Monday that it has emerged from bankruptcy protection and will soon be part of the world’s largest meat producer. The

GM offers deep discounts on Saturn, Pontiac brands – Detroit Free Press
As of Nov. 30, Pontiac dealers had 8,500 vehicles in its U.S. stock, while Saturn dealers had 5,700, GM spokesman Tom Henderson said. The new incentive program plan, which is in effect through Jan. 4, allows dealers to sell the remaining 2009

World markets mixed after Wall Street slips – Yahoo Finance
HONG KONG (AP) — Global stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of Asian markets fluctuated, with Japan’s

End near for free TV? – Everett Herald
NEW YORK — For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

Springfield City Council panel approves plan to shrink pension board – News-Leader.com
It’s not yet a done deal, but a proposal for shrinking Springfield’s 11-member police-fire pension board to nine — and shifting the balance further toward citizen rather than employee representation — gained approval Tuesday from a City Council

Statler Towers Still In Bankruptcy Future Uncertain – WGRZ TV
Buffalo, N.Y.– The Statler Towers’ hey day is long in the past, the question now is whether there are many days left in its future. On Monday, the local group that won the bid for the Statler at auction over the summer failed for a third time to

A time of sorrow, belt-tightening and fierce local politics – Tacoma News Tribune
Tragic shootings and mysterious disappearances were among the top stories in South Sound in 2009, a marked change after no shootings made The Olympian’s top 10 stories list in 2008. Following are the top 10 stories of 2009, as selected by The

Are days of free TV ending? – Desert Sun
NEW YORK — For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

GM Plans Pontiac Fire Sale – FOX News
General Motors Co. is offering its dealers hefty incentives to move thousands of leftover vehicles from its discontinued Saturn and Pontiac brands. The unusual tactic could inflate the car maker’s December sales and cut the cost to car buyers by as

Pilgrim’s Pride to sell stake to JBS – Tulsa World
The chicken producer is leaving bankruptcy court protection.PITTSBURG, Texas — The chicken producer Pilgrim’s Pride Corp. said Monday that it has emerged from bankruptcy protection and will soon be part of the world’s largest meat producer. The

GM offers deep discounts on Saturn, Pontiac brands – Detroit Free Press
As of Nov. 30, Pontiac dealers had 8,500 vehicles in its U.S. stock, while Saturn dealers had 5,700, GM spokesman Tom Henderson said. The new incentive program plan, which is in effect through Jan. 4, allows dealers to sell the remaining 2009

World markets mixed after Wall Street slips – Yahoo Finance
HONG KONG (AP) — Global stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of Asian markets fluctuated, with Japan’s

Nikkei flat as JAL drags but set for gains in 2009 – Reuters
TOKYO (Reuters) – Japan’s Nikkei average is poised to book gains for 2009, with shares of high-tech exporters having led a rebound rally on a weaker yen and as economic stimulus measures helped turn around the world economy. On the Tokyo stock market

Japan Air Plunges to Record Amid Bankruptcy Reports (Update2) – Bloomberg
Dec. 30 (Bloomberg) — Japan Airlines Corp. plunged to a record in Tokyo trading on speculation the company may seek bankruptcy, even as the nation’s transport minister said other options remain for the unprofitable carrier. The airline, Asia’s

From Dolphins to real estate: my predictions – Miami Herald
T he fortune tellers have polished their crystal balls and are predicting events for 2010. As in past years, many foresee death and destruction coming our way. Newsweek is predicting Fidel Castro will die. Nikki, a self-proclaimed psychic to the

Nikkei Flat After 4-Mth High, JAL Weighs – CNBC
The Nikkei business daily reported that a government-backed turnaround fund plans to guarantee the struggling carrier’s fuel payments and other commercial transactions if the company is restructured in bankruptcy court. “There’s still a lot of

JAL Shares Fall 32% as Bankruptcy Worries Mount – CNBC
Sources have told Reuters that a state-backed turnaround fund now weighing whether to support JAL is considering using a bankruptcy procedure similar to Chapter 11 in the United States as part of its restructuring plan. “Today’s slide reflects

Viability of Alexandria Riverfront Center tied to hotel deal, better – Alexandria Daily Town Talk
The Alexandria Riverfront Center has had its share of obstacles in recent years, but city and local tourism officials think the city-owned convention center will rebound. It’s not “if” the meeting and entertainment venue in downtown will be back to

Nikkei flat as JAL drags but set for gains in 2009 – Reuters
TOKYO (Reuters) – Japan’s Nikkei average is poised to book gains for 2009, with shares of high-tech exporters having led a rebound rally on a weaker yen and as economic stimulus measures helped turn around the world economy. On the Tokyo stock market

Japan Air Plunges to Record Amid Bankruptcy Reports (Update2) – Bloomberg
Dec. 30 (Bloomberg) — Japan Airlines Corp. plunged to a record in Tokyo trading on speculation the company may seek bankruptcy, even as the nation’s transport minister said other options remain for the unprofitable carrier. The airline, Asia’s

From Dolphins to real estate: my predictions – Miami Herald
T he fortune tellers have polished their crystal balls and are predicting events for 2010. As in past years, many foresee death and destruction coming our way. Newsweek is predicting Fidel Castro will die. Nikki, a self-proclaimed psychic to the

Nikkei Flat After 4-Mth High, JAL Weighs – CNBC
The Nikkei business daily reported that a government-backed turnaround fund plans to guarantee the struggling carrier’s fuel payments and other commercial transactions if the company is restructured in bankruptcy court. “There’s still a lot of

JAL Shares Fall 32% as Bankruptcy Worries Mount – CNBC
Sources have told Reuters that a state-backed turnaround fund now weighing whether to support JAL is considering using a bankruptcy procedure similar to Chapter 11 in the United States as part of its restructuring plan. “Today’s slide reflects

Viability of Alexandria Riverfront Center tied to hotel deal, better – Alexandria Daily Town Talk
The Alexandria Riverfront Center has had its share of obstacles in recent years, but city and local tourism officials think the city-owned convention center will rebound. It’s not “if” the meeting and entertainment venue in downtown will be back to

Springfield City Council panel approves plan to shrink pension board – News-Leader.com
It’s not yet a done deal, but a proposal for shrinking Springfield’s 11-member police-fire pension board to nine — and shifting the balance further toward citizen rather than employee representation — gained approval Tuesday from a City Council

End near for free TV? – Everett Herald
NEW YORK — For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

A time of sorrow, belt-tightening and fierce local politics – Tacoma News Tribune
Tragic shootings and mysterious disappearances were among the top stories in South Sound in 2009, a marked change after no shootings made The Olympian’s top 10 stories list in 2008. Following are the top 10 stories of 2009, as selected by The

Sumner sees growth, tragedy in 2009 – Nashville Tennessean
• Former educator, school board member and community activist Mary Ralph Bradley , 85, died Jan. 5. She was remembered as an exemplary public servant who was elected to a term on the Sumner County School Board after spending 37 years in the school

Pilgrim’s Pride to sell stake to JBS – Tulsa World
The chicken producer is leaving bankruptcy court protection.PITTSBURG, Texas — The chicken producer Pilgrim’s Pride Corp. said Monday that it has emerged from bankruptcy protection and will soon be part of the world’s largest meat producer. The

Statler Towers Still In Bankruptcy Future Uncertain – WGRZ TV
Buffalo, N.Y.– The Statler Towers’ hey day is long in the past, the question now is whether there are many days left in its future. On Monday, the local group that won the bid for the Statler at auction over the summer failed for a third time to

World markets mixed after Wall Street slips – Yahoo Finance
HONG KONG (AP) — Global stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of Asian markets fluctuated, with Japan’s

GM Plans Pontiac Fire Sale – FOX News
General Motors Co. is offering its dealers hefty incentives to move thousands of leftover vehicles from its discontinued Saturn and Pontiac brands. The unusual tactic could inflate the car maker’s December sales and cut the cost to car buyers by as

GM offers deep discounts on Saturn, Pontiac brands – Detroit Free Press
As of Nov. 30, Pontiac dealers had 8,500 vehicles in its U.S. stock, while Saturn dealers had 5,700, GM spokesman Tom Henderson said. The new incentive program plan, which is in effect through Jan. 4, allows dealers to sell the remaining 2009

Springfield City Council panel approves plan to shrink pension board – News-Leader.com
It’s not yet a done deal, but a proposal for shrinking Springfield’s 11-member police-fire pension board to nine — and shifting the balance further toward citizen rather than employee representation — gained approval Tuesday from a City Council

End near for free TV? – Everett Herald
NEW YORK — For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

A time of sorrow, belt-tightening and fierce local politics – Tacoma News Tribune
Tragic shootings and mysterious disappearances were among the top stories in South Sound in 2009, a marked change after no shootings made The Olympian’s top 10 stories list in 2008. Following are the top 10 stories of 2009, as selected by The

Sumner sees growth, tragedy in 2009 – Nashville Tennessean
• Former educator, school board member and community activist Mary Ralph Bradley , 85, died Jan. 5. She was remembered as an exemplary public servant who was elected to a term on the Sumner County School Board after spending 37 years in the school

Pilgrim’s Pride to sell stake to JBS – Tulsa World
The chicken producer is leaving bankruptcy court protection.PITTSBURG, Texas — The chicken producer Pilgrim’s Pride Corp. said Monday that it has emerged from bankruptcy protection and will soon be part of the world’s largest meat producer. The

Statler Towers Still In Bankruptcy Future Uncertain – WGRZ TV
Buffalo, N.Y.– The Statler Towers’ hey day is long in the past, the question now is whether there are many days left in its future. On Monday, the local group that won the bid for the Statler at auction over the summer failed for a third time to

World markets mixed after Wall Street slips – Yahoo Finance
HONG KONG (AP) — Global stock markets were mixed in sluggish, year-end trade Wednesday, following a lackluster session on Wall Street as many investors held back after this year’s global rally. A number of Asian markets fluctuated, with Japan’s

GM Plans Pontiac Fire Sale – FOX News
General Motors Co. is offering its dealers hefty incentives to move thousands of leftover vehicles from its discontinued Saturn and Pontiac brands. The unusual tactic could inflate the car maker’s December sales and cut the cost to car buyers by as

GM offers deep discounts on Saturn, Pontiac brands – Detroit Free Press
As of Nov. 30, Pontiac dealers had 8,500 vehicles in its U.S. stock, while Saturn dealers had 5,700, GM spokesman Tom Henderson said. The new incentive program plan, which is in effect through Jan. 4, allows dealers to sell the remaining 2009

Free broadcast TV may go way of the VHS tape – MSNBC
NEW YORK – For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

From Dolphins to real estate: my predictions – Miami Herald
T he fortune tellers have polished their crystal balls and are predicting events for 2010. As in past years, many foresee death and destruction coming our way. Newsweek is predicting Fidel Castro will die. Nikki, a self-proclaimed psychic to the

JAL Shares Fall 32% as Bankruptcy Worries Mount – CNBC
Sources have told Reuters that a state-backed turnaround fund now weighing whether to support JAL is considering using a bankruptcy procedure similar to Chapter 11 in the United States as part of its restructuring plan. “Today’s slide reflects

JAL shares down 25 percent as bankruptcy worries mount – Reuters
TOKYO (Reuters) – Shares of Japan Airlines Corp tumbled as much as 32 percent to a record low on Wednesday as expectations grew the struggling carrier will be restructured in bankruptcy court as part of a state bailout. Sources have told Reuters that

Nikkei flat as JAL drags but set for gains in 2009 – Reuters
TOKYO (Reuters) – Japan’s Nikkei average is poised to book gains for 2009, with shares of high-tech exporters having led a rebound rally on a weaker yen and as economic stimulus measures helped turn around the world economy. On the Tokyo stock market

Viability of Alexandria Riverfront Center tied to hotel deal, better – Alexandria Daily Town Talk
The Alexandria Riverfront Center has had its share of obstacles in recent years, but city and local tourism officials think the city-owned convention center will rebound. It’s not “if” the meeting and entertainment venue in downtown will be back to

Japan Air Plunges to Record Amid Bankruptcy Reports (Update2) – Bloomberg
Dec. 30 (Bloomberg) — Japan Airlines Corp. plunged to a record in Tokyo trading on speculation the company may seek bankruptcy, even as the nation’s transport minister said other options remain for the unprofitable carrier. The airline, Asia’s

Nikkei Flat After 4-Mth High, JAL Weighs – CNBC
The Nikkei business daily reported that a government-backed turnaround fund plans to guarantee the struggling carrier’s fuel payments and other commercial transactions if the company is restructured in bankruptcy court. “There’s still a lot of

Stocks in Asia Drop in Thin Trade – New York Times
TOKYO — Asian stock markets fell Wednesday as year-end trade dwindled, with profit-taking pulling down stocks in Australia and bankruptcy worries about Japan Airlines weighing on the Nikkei, but the dollar rose broadly. In a reminder of the

Japan Airlines shares dive on bankruptcy fears – YAHOO!
TOKYO (AFP) – Fears deepened Wednesday about the future of debt-ridden Japan Airlines , with shares in Asia’s biggest carrier plunging by a quarter on fears it might file for bankruptcy, dealers said. JAL, battered by the global recession and swine

Free broadcast TV may go way of the VHS tape – MSNBC
NEW YORK – For more than 60 years, TV stations have broadcast news, sports and entertainment for free and made their money by showing commercials. That might not work much longer. The business model is unraveling at ABC, CBS, NBC and Fox and the

From Dolphins to real estate: my predictions – Miami Herald
T he fortune tellers have polished their crystal balls and are predicting events for 2010. As in past years, many foresee death and destruction coming our way. Newsweek is predicting Fidel Castro will die. Nikki, a self-proclaimed psychic to the

JAL Shares Fall 32% as Bankruptcy Worries Mount – CNBC
Sources have told Reuters that a state-backed turnaround fund now weighing whether to support JAL is considering using a bankruptcy procedure similar to Chapter 11 in the United States as part of its restructuring plan. “Today’s slide reflects

JAL shares down 25 percent as bankruptcy worries mount – Reuters
TOKYO (Reuters) – Shares of Japan Airlines Corp tumbled as much as 32 percent to a record low on Wednesday as expectations grew the struggling carrier will be restructured in bankruptcy court as part of a state bailout. Sources have told Reuters that

Nikkei flat as JAL drags but set for gains in 2009 – Reuters
TOKYO (Reuters) – Japan’s Nikkei average is poised to book gains for 2009, with shares of high-tech exporters having led a rebound rally on a weaker yen and as economic stimulus measures helped turn around the world economy. On the Tokyo stock market

Viability of Alexandria Riverfront Center tied to hotel deal, better – Alexandria Daily Town Talk
The Alexandria Riverfront Center has had its share of obstacles in recent years, but city and local tourism officials think the city-owned convention center will rebound. It’s not “if” the meeting and entertainment venue in downtown will be back to

Japan Air Plunges to Record Amid Bankruptcy Reports (Update2) – Bloomberg
Dec. 30 (Bloomberg) — Japan Airlines Corp. plunged to a record in Tokyo trading on speculation the company may seek bankruptcy, even as the nation’s transport minister said other options remain for the unprofitable carrier. The airline, Asia’s

Nikkei Flat After 4-Mth High, JAL Weighs – CNBC
The Nikkei business daily reported that a government-backed turnaround fund plans to guarantee the struggling carrier’s fuel payments and other commercial transactions if the company is restructured in bankruptcy court. “There’s still a lot of

Stocks in Asia Drop in Thin Trade – New York Times
TOKYO — Asian stock markets fell Wednesday as year-end trade dwindled, with profit-taking pulling down stocks in Australia and bankruptcy worries about Japan Airlines weighing on the Nikkei, but the dollar rose broadly. In a reminder of the

Japan Airlines shares dive on bankruptcy fears – YAHOO!
TOKYO (AFP) – Fears deepened Wednesday about the future of debt-ridden Japan Airlines , with shares in Asia’s biggest carrier plunging by a quarter on fears it might file for bankruptcy, dealers said. JAL, battered by the global recession and swine