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American Apparel seeks fashion revival under bankruptcy plan

2015-10-07 00:40:38| Apparel - Topix.net

American Apparel Inc plans to revamp its struggling fashion business under a restructuring plan that would give ownership to the Standard General hedge fund, which rescued RadioShack earlier this year, lawyers said at a hearing on Tuesday. American Apparel Inc, the country's largest "Made in the U.S.A" brand, filed on Monday for Chapter 11 bankruptcy protection.

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Fracking Boom Goes Bust as Companies File for Bankruptcy

2015-10-06 16:33:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: .S. shale production is in deep, deep trouble as the fracking boom bursts in the face of low oil prices. The September report from the oil cartel, OPEC, shows the writing on the wall. Crude oil prices have declined more than 50 percent since last year, says Nova Safo of NPRs Marketplace. Fracking companies in places like North Dakota, West Texas, parts of Oklahoma and Kansas have all taken a big hit. Many are filing for bankruptcy protection or going out of business. There were a large number...

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American Apparel files for Ch. 11 bankruptcy protection

2015-10-06 12:03:55| Apparel - Topix.net

Days of torrential rains kept much of South Carolina and its capital gripped by floodwaters early Monday as emergency responders promised renewed door-to-door searches for anyone still trapped after a weekend... Days of torrential rains kept much of South Carolina and its capital gripped by floodwaters early Monday as emergency responders promised renewed door-to-door searches for anyone still trapped after a weekend deluge and... The White House is announcing the designation of two new National Marine Sanctuaries - the first chosen in 15 years - as part of President Barack Obama's efforts to protect the environment. Hurricane Joaquin is locked in a dance with an extraordinarily heavy rainstorm that is already drenching the Carolinas.

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Winning bids announced for Waldbaum's, Pathmark stores in A&P bankruptcy

2015-10-06 03:35:02| Grocery - Topix.net

Twelve Waldbaum's and Pathmark stores on Long Island put up for auction last week by the Great Atlantic & Pacific Tea Co. now have winning bidders, including King Kullen and Best Yet Market, union officials said Monday.

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