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Indiana bill would help local governments out of debt
INDIANAPOLIS — Residents in Benton Harbor and Three Oaks have seen Michigan state officials step in during recent years to help those towns solve financial crises.
Indiana Sen. Ed Charbonneau, R-Valparaiso, says Hoosiers should also have such an...Tags: Martinsville (Martinsville, Virginia), Justice System, Michigan, Crime, Law and Justice, Finance
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Eva Longoria's Vegas club files for bankruptcy
LAS VEGAS (AP) — A Las Vegas nightclub owned by actress Eva Longoria has filed for bankruptcy to remain operating while reorganizing nearly $5.7 million in debt. Lawyers for Beso LLC said in a federal Chapter 11 filing on Thursday that they...Tags: Lifestyle and Leisure, Justice System, Crime, Law and Justice, Bars and Clubs, Dining and Drinking
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AP analysis: Foreclosures raise U.S. economic stress
Americans are under more economic stress. A monthly analysis by The Associated Press shows an increased number of foreclosures outweighed lower unemployment in December. Foreclosure rates rose in 33 states for that month — most sharply in Utah,...Tags: Florida, Utah, Real Estate, Alabama, Nevada
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Gary, Indiana mayor says city won't file for bankruptcy
GARY, Ind. (AP) — Gary's mayor says the key to turning around the financially troubled city is to grow the economy with targeted projects. The Times of Munster reports that Rudy Clay told people attending his State of the City address on...Tags: Indiana, Politics, Public Officials, Financially Distressed Companies, Gary
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Mishawaka Borders set to close
MISHAWAKA — Borders will shutter its Grape Road store in the next few weeks, the nation’s second largest book seller announced today.
About 200 of its 642 stores across the country are closing, following Border’s Chapter 11... -
Grape Road's retail door revolves in Mishawaka
Borders bookstore will be saying goodbye to Mishawaka.
The company has filed for bankruptcy and is closing 200 bookstores nationwide, including Mishawaka's store.
This is just another blow to Grape Road, where a large number of retailers are located...Tags: Dining and Drinking, Politics, Elections, Real Estate, Business
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Shoppers worry about effect of Borders bankruptcy
ANN ARBOR, Mich. (AP) — Shoppers at Borders stores in the bookseller's hometown of Ann Arbor say they're worried about the effect of the company's filing for bankruptcy protection on economically struggling Michigan. The company plans to close...Tags: Michigan, Human Interest, Financially Distressed Companies, Companies and Corporations
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Apple, Enron share a connection
As corporations go, Apple and the late and unlamented Enron would appear to be about as polar opposite as two companies can get. Apple manufactures innovative, useful, world-class electronics. Enron produced obtuse numbers in nonsensical accounts that it...
Tags: The Herald-Mail, Tim Cook, Economy, Business and Finance, Personal Income, Taxation
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Bankruptcies: May 26
Here are bankruptcy filings in U.S. Bankruptcy Court, District of South Dakota, for May 16-22. Individuals can file Chapter 7 petitions (asking that debts be liquidated); Chapter 12 (a simplified reorganization method for farmers and ranchers whose...Tags: Financially Distressed Companies
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Problem Solver: Warranty company folds, leaves customer in cold
When he bought new furniture five years ago at The Room Place, Henry Huang didn't intend to buy an extended warranty. Then the saleswoman made her pitch. "We kind of had a little bit of a personal bond," Huang said. "She said, 'This is the best way to...
Tags: Economy, Business and Finance, Human Interest, Jon Yates, Companies and Corporations
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Company that planned Sorrento solar farm will be liquidated
A federal judge has appointed a receiver to take over management and begin liquidation of the troubled solar company BlueChip Energy, which had plans to install a massive solar farm in Sorrento. U.S. District Judge John Antoon II appointed a receiver as...
Tags: Justice System, Crime, Law and Justice, Economy, Business and Finance, Finance, Trials
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Latest Michigan news, sports, business and entertainment
NCAA-MICHIGAN-EXPLOSIVES 2 Mich. men charged with making Molotov cocktails (Information in the following story is from: AnnArbor.com, http://www.annarbor.com) ANN ARBOR, Mich. (AP) — Authorities say two University of Michigan wrestlers...Tags: Car Repair, Transportation Accidents, Teachers, Great Neck, Politics
Jan 12, 2011
|Story| South Bend Tribune
Jan 7, 2011
|Story| AP Broadcast
Feb 8, 2011
|Story| AP Broadcast
Feb 26, 2011
|Story| AP Broadcast
Feb 16, 2011
|Story| WSBT-TV
Feb 16, 2011
|Story| WSBT-TV
Feb 16, 2011
|Story| AP Broadcast
May 26, 2013
|Story| Herald Mail
May 25, 2013
|Story| Aberdeen News
May 26, 2013
|Column| Chicago Tribune
May 25, 2013
|Story| Orlando Sentinel
May 25, 2013
|Story| AP Michigan
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