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City looks for solutions to rising water near ethanol plant
WSBT-TVSOUTH BEND -- Even more homeowners near a former ethanol plant have added their names to a list of people who have water or in some cases mold in their houses. Everyone seems to agree that the best way to stop the problem of rising water near the former...Tags: Ethanol, Environmental Issues, Renewable Energy, United Way , Biofuels
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Judge OKs New Energy sale
South Bend TribuneSOUTH BEND -- The New Energy Corp. ethanol plant cost more than $180 million to build in the early 1980s. But when it was sold at auction last week as part of the company's Chapter 11 bankruptcy proceedings, the winning bid came in at just $2.5 million....Tags: Ethanol, Companies and Corporations, Biofuels, Judges, U.S. Department of Energy
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New bankruptcy cases down again in Michigan
DETROIT (AP) — Perhaps here's a sign of better times: Michigan bankruptcy cases are down again. The government says new filings last year were down 13 percent in bankruptcy courts in eastern and western Michigan. There were 53,000 cases pending at...
Tags: Washington, DC, Financially Distressed Companies
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Meningitis-linked pharmacy owners got millions: filing
BOSTON (Reuters) - The four primary owners of the pharmacy linked to a deadly U.S. meningitis outbreak that has killed 44 people -- including some in our area -- received at least $16 million in salaries and shareholder distributions in 2012, according to...
Tags: Apple Store, Trials, Meningitis, Financially Distressed Companies, Steroids
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Ram 1500, Cadillac ATS win auto show awards
DETROIT (AP) — The two U.S.-based automakers that emerged from bankruptcy protection in 2009 have earned bragging rights for two new vehicles. General Motors' Cadillac ATS and Chrysler's Ram 1500 pickup on Monday won the 2013 North American Car...
Tags: Cadillac, Auto Shows, Ford, Marketing, BMW
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Convicted financier says he can't afford a lawyer
INDIANAPOLIS (AP) — An Indiana financier and former chief executive of National Lampoon who was convicted of swindling investors out of about $200 million says he can't afford to hire an attorney to handle his appeal. In federal court documents...
Tags: Mitch Daniels, Companies and Corporations, Joint Ventures, National Lampoon Incorporated, Corporate Crime
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Michigan Senate OKs new emergency manager proposal
LANSING, Mich. (AP) — The Republican-led Michigan Legislature cleared the way Thursday for GOP Gov. Rick Snyder to sign a replacement for an emergency manager law struck down by voters, delivering another punch to Democrats still reeling from this...
Tags: Parties and Movements, Republican Party, Rick Snyder, Laws, Voting
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Chrysler seeks tax incentives on vacant Ind. plant
TIPTON, Ind. (AP) — Chrysler Group is seeking tax incentives for a sprawling Indiana plant that was the heart of a deal with a German company that the automaker pulled out of in 2008. Chrysler spokeswoman Jodi Tinson confirmed Tuesday that the...Tags: Companies and Corporations, Economy, Business and Finance, Chrysler Group LLC, Plant Openings, Financially Distressed Companies
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Southwest Michigan town successful after state takeover
WSBT-TVTHREE OAKS, Mich. – The city of Benton Harbor is millions of dollars in debt and could be facing bankruptcy. 2 1/2 years ago, the state appointed an emergency financial manager to help turn around the city. Benton Harbor continues to struggle...Tags: Economy, Business and Finance, Finance, Financially Distressed Companies
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What if there's no Benton Harbor Police Department?
WSBT-TVBENTON HARBOR – The Berrien County Sheriff's Department is preparing to patrol Benton Harbor City streets if they have to. On Monday, we first told you Benton Harbor's Emergency Financial Manager is considering disbanding the city's police...Tags: U.S. Department of the Treasury, Justice System, Economy, Business and Finance, Finance, Judges
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End of an era: South Bend's Hostess distribution center closes
Additional reporting from CANDICE CHOI and TOM MURPHY, Associated PressIt's the end of an era for an iconic American brand, and the end of many jobs in the Michiana area. Friday was the last day of operations for the Hostess distribution center in South Bend. Debbie Romeo is stocking up while she can. "Just on the...Tags: Justice System, Companies and Corporations, Economy, Business and Finance, Judges, Financially Distressed Companies
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South Bend ethanol plant files for bankruptcy
WSBT-TVSOUTH BEND – As the last bit of Randy Matthys’ 2012 harvest dumped from the semi into the silo, it sounded a lot like the “ka-ching” of money in the bank. “We’ve always been sending anywhere from 80 to 90 percent of...Tags: Ethanol, Environmental Issues, Petroleum Industry, Companies and Corporations, Renewable Energy
Jan 23, 2013
|Story| WSBT-TV
Feb 5, 2013
|Story| South Bend Tribune
Feb 5, 2013
|Story| WSBT-TV
Jan 22, 2013
|Story| Reuters
Jan 14, 2013
|Story| AP Broadcast
Dec 18, 2012
|Story| AP Indiana
Dec 13, 2012
|Story| AP Broadcast
Dec 11, 2012
|Story| WSBT-TV
Nov 26, 2012
|Story| WSBT-TV
Nov 20, 2012
|Story| WSBT-TV
Nov 16, 2012
|Story| WSBT-TV
Nov 13, 2012
|Story| WSBT-TV
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