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Recent Posts Tagged With 'business'

  • Simmons Bedding financiers seek Chinese bidder: report \n (Reuters)

    Posted on Saturday December 26th, 2009 at 21:14 in business

    Reuters – A group of financiers is trying to put a U.S. mattress maker now under bankruptcy court protection into play by encouraging Chinese bidders to top an already arranged offer for Simmons Bedding Co. , the Wall Street Journal reported l...

  • Simmons Bedding financiers seek Chinese bidder: report

    Posted on Saturday December 26th, 2009 at 21:14 in business

    SINGAPORE (Reuters) – A group of financiers is trying to put a U.S. mattress maker now under bankruptcy court protection into play by encouraging Chinese bidders to top an already arranged offer for Simmons Bedding Co., the Wall Street Journal...

  • Underwater Oregon homeowners find an escape hatch

    Posted on Monday December 21st, 2009 at 07:20 in business

    A heretofore little-used bankruptcy provision offers a way out of second mortgages Read the original: Underwater Oregon homeowners find an escape hatch Read more from the original source: Underwater Oregon homeowners find an escape hatch Go to Sourc...

  • Radio giant Citadel files for bankruptcy protection

    Posted on Monday December 21st, 2009 at 03:46 in business

    The owner of 224 stations, including KABC-AM (790) in Los Angeles, aims to restructure its debt load amid an ad slump. Citadel Broadcasting Corp., the nation’s third-largest radio broadcasting company, filed for Chapter 11 bankruptcy protectio...

  • Recent Law School Grad? Open a Bankruptcy Practice!

    Posted on Thursday December 17th, 2009 at 18:40 in business

    With the economy still reeling from the financial crisis and unemployment at over 10%, bankruptcy is one area of the law that is not suffering. Sure, the economy will recover eventually, but that does not mean that the need for bankruptcy attorneys ...

  • I (Still) Get No Respect

    Posted on Thursday December 17th, 2009 at 18:40 in business

    Let’s face it: Twitter, Facebook, and LinkedIn squandered their potential. Instead of becoming knowledge or trade hubs for professionals, including bankruptcy attorneys, they’re essentially virtual singles bars. All 3 of these networks a...

  • House to vote on letting judges modify mortgages – MarketWatch

    Posted on Saturday December 12th, 2009 at 02:40 in business

    addthis_url = 'http%3A%2F%2Fwww.1better1.com%2Fhouse-to-vote-on-letting-judges-modify-mortgages-%25e2%2580%2593-marketwatch%2F'; addthis_title = 'House+to+vote+on+letting+judges+modify+mortgages+%E2%80%93+MarketWatch'; addthis_pub = '...

  • Dodd set to unveil financial reform bill

    Posted on Tuesday November 10th, 2009 at 10:04 in business

    WASHINGTON (Reuters) – Senate Banking Committee Chairman Christopher Dodd will unveil long-awaited draft legislation on financial regulation reform on Tuesday, his office said on Monday. Originally posted here: Dodd set to unveil financial ref...

  • Fewer banks tightened lending standards last quarter, Federal Reserve says

    Posted on Tuesday November 10th, 2009 at 10:04 in business

    Fewer U.S. banks tightened lending standards for companies and consumers in the third quarter as the economy grew for the first time in more than a year, a Federal Reserve survey showed. Go here to read the rest: Fewer banks tightened lending standa...

  • Lazard may get more than one leader: report

    Posted on Tuesday November 10th, 2009 at 10:04 in business

    (Reuters) – Investment bank Lazard’s board may pick more than one person to lead the company following the death of Chief Executive Bruce Wasserstein, the New York Post said. Read the original post: Lazard may get more than one leader: r...

  • Beazer Homes Posts Profit in Fiscal 4th Quarter

    Posted on Tuesday November 10th, 2009 at 08:21 in business

    Beazer Homes posts profit in fiscal 4th quarter on debt-related gain See more here: Beazer Homes Posts Profit in Fiscal 4th Quarter Follow this link: Beazer Homes Posts Profit in Fiscal 4th Quarter Go to Source ...

  • Lawyer: Fla. office shooting suspect mentally ill \n (AP)

    Posted on Saturday November 7th, 2009 at 19:00 in business

    AP – The engineer accused of fatally shooting one employee and wounding five others at the firm where he once worked is “very mentally ill” and crumbled under the stress of his divorce, bankruptcy and unemployment, his attorney sai...

  • Afghanistan hits back at UN and foreign criticism – Reuters

    Posted on Saturday November 7th, 2009 at 15:41 in business

    Washington Post Afghanistan hits back at UN and foreign criticism Reuters KABUL, Nov 7 (Reuters) – Afghanistan accused the United Nations on Saturday of intervening in the formation of President Hamid Karzai’s next cabinet, less than a w...

  • 2010 elections: Democratic fears, Republican hopes \n (AP)

    Posted on Saturday November 7th, 2009 at 15:41 in business

    AP – Oh, how the tables have turned. Go here to see the original: 2010 elections: Democratic fears, Republican hopes (AP) See more here: 2010 elections: Democratic fears, Republican hopes (AP) Go to Source ...

  • Corruption costs poorer states up to $40 billion a year

    Posted on Saturday November 7th, 2009 at 15:41 in business

    DOHA (Reuters) – Corruption costs developing nations $20 to $40 billion each year, while emerging markets and financial centers are increasingly havens for stolen assets, a top World Bank official said Saturday. Read the rest here: Corruption ...

  • UK floats bank levy

    Posted on Saturday November 7th, 2009 at 15:41 in business

    ST ANDREWS, Scotland (Reuters) – Britain pressed the G20 on Saturday to come up with a plan to make banks pay for any future bailouts but one idea of imposing a global financial transactions tax was immediately shot down by the United States. ...

  • Stimulus, not transactions tax needed: Geithner \n (Reuters)

    Posted on Saturday November 7th, 2009 at 15:41 in business

    Reuters – Treasury Secretary Timothy Geithner on Saturday stressed the necessity of keeping global economic stimulus in place until recovery is assured and opposed the utility of a tax on financial transactions as a way to dampen risky bank be...

  • Poll: Hoffman has narrow lead in upstate congressional race – Newsday

    Posted on Monday November 2nd, 2009 at 13:46 in business

    Times Online Poll: Hoffman has narrow lead in upstate congressional race Newsday Conservative Doug Hoffman has a narrow lead over Democrat Bill Owens in the topsy-turvy race for New York’s 23rd Congressional District, according to a new poll r...

  • Obama to call Karzai on election victory

    Posted on Monday November 2nd, 2009 at 13:46 in business

    The White House said Monday President Obama planned to call Afghan President Hamid Karzai about his victory in the fraud-marred … Go here to read the rest: Obama to call Karzai on election victory Visit link: Obama to call Karzai on election v...

  • Fed: Get ready for more bank losses

    Posted on Monday November 2nd, 2009 at 13:46 in business

    Read full story for latest details. Continued here: Fed: Get ready for more bank losses See the rest here: Fed: Get ready for more bank losses Go to Source ...

  • Buffett bank favorite gets bigger

    Posted on Monday November 2nd, 2009 at 13:46 in business

    U.S. Bancorp is probably the biggest bank you’ve never heard of. Excerpt from: Buffett bank favorite gets bigger Original post: Buffett bank favorite gets bigger Go to Source ...

  • AP Source: New management plans Chrysler price cut

    Posted on Monday November 2nd, 2009 at 13:46 in business

    DETROIT – (AP) Coming to your local Chrysler, Dodge or Jeep dealer: Tractor-trailers full of cars and trucks with lower sticker prices. The big discounts are part of new CEO Sergio Marchionne’s attempt to revive the Detroit company the way h...

  • CIT Group receives $1 billion loan from Icahn

    Posted on Monday November 2nd, 2009 at 13:46 in business

    NEW YORK – (AP) Commercial lender CIT Group Inc. said Friday that billionaire investor and bondholder Carl Icahn agreed to support the company’s restructuring plan amid reports CIT may soon file for bankruptcy protection. Icahn also agreed t...

  • Everything must go! Lehman Bros. art auctioned off

    Posted on Monday November 2nd, 2009 at 13:46 in business

    PHILADELPHIA – (AP) Even in these trying financial times, you’re not going to see many going-out-of-business sales like this one. On Sunday, hundreds of works from the art collection of failed banking giant Lehman Brothers will go on the auc...

  • Madoff: Had ‘too much credibility’ with SEC \n (AP)

    Posted on Saturday October 31st, 2009 at 05:31 in business

    AP – As Bernard Madoff sat in jail a few months after pleading guilty to fraud, he sounded faintly boastful. See the rest here: Madoff: Had ‘too much credibility’ with SEC (AP) More: Madoff: Had ‘too much credibility’ with SEC ...

  • Nine U.S. banks seized in largest one-day haul

    Posted on Saturday October 31st, 2009 at 02:32 in business

    LOS ANGELES (Reuters) – U.S. authorities seized nine failed banks on Friday, the most in a single day since the financial crisis began and the latest stark sign that substantial parts of the nation’s banking industry are being crippled b...

  • Nine U.S. banks seized in largest one-day haul \n (Reuters)

    Posted on Saturday October 31st, 2009 at 02:32 in business

    Reuters – U.S. Read the original post: Nine U.S. banks seized in largest one-day haul (Reuters) Continued here: Nine U.S. banks seized in largest one-day haul (Reuters) Go to Source ...

  • SoCal Man Pleads Guilty in Swiss Bank Case

    Posted on Wednesday October 21st, 2009 at 04:02 in business

    California man latest to plead guilty in federal probe of Swiss banking giant UBS The rest is here: SoCal Man Pleads Guilty in Swiss Bank Case Link: SoCal Man Pleads Guilty in Swiss Bank Case Go to Source ...

  • Kerry Emerges as a Broker for the Obama Administration – Wall Street Journal

    Posted on Wednesday October 21st, 2009 at 04:01 in business

    BBC News Kerry Emerges as a Broker for the Obama Administration Wall Street Journal WASHINGTON — When Sen. Read this article: Kerry Emerges as a Broker for the Obama Administration – Wall Street Journal Read more: Kerry Emerges as a Brok...

  • Colorado Bank Loan Auction Generates Just $157M

    Posted on Wednesday October 21st, 2009 at 04:01 in business

    Auction of loans from failed Colorado bank generates a fraction of their former value Read more here: Colorado Bank Loan Auction Generates Just $157M Read the original here: Colorado Bank Loan Auction Generates Just $157M Go to Source ...