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Walter Energy's bankruptcy is biggest in coal industry since 2012

2015-07-19 01:20:08| Industrial Machines - Topix.net

Coal is washed and processed at a plant outside of Walter Energy's Blue Creek No. 5 mine near Brookwood, Alabama on Thursday December 6, 2012.

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Coal miners struggle survive in industry battered by layoffs and bankruptcy

2015-07-18 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: There is pain across the nations coal fields, but here in West Virginia, the disruption is particularly acute. Mines are closing almost every month. Sawmills that provide wooden support beams for the tunnels are laying off workers, and diners are putting up signs asking their customers to pray for the miners. The coal industry, long the heart that pumped the economy here, is in deep trouble, buffeted by power plants switching to cheap natural gas, crippling debt, mounting foreign competition and...

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Supermarket Chain A&P Poised to File Bankruptcy, Report Says

2015-07-16 22:36:39| Grocery - Topix.net

The Great Atlantic and Pacific Tea Company, better known as A&P, is on the verge of filing for bankruptcy, a move that will likely spell the end as we know it of one of the nation's largest supermarket chains. The New York Post reports that the Chapter 11 bankruptcy filing is expected any day now, and it could affect the many stores the company has in the Hudson Valley.

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Walter Energy files Chapter 11 bankruptcy

2015-07-15 20:06:23| Industrial Machines - Topix.net

Walter Energy Inc. has officially filed for Chapter 11 bankruptcy protection in the midst of global struggles in the coal industry. The Hoover-based company, which is a major employer in central Alabama, has been in bankruptcy negotiations with senior lenders.

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A&P preparing to file for Chapter 11 bankruptcy

2015-07-15 12:17:17| Grocery - Topix.net

The corporate parent of the A&P, Pathmark, Waldbaum's and Food Emporium grocery chains - the country's biggest company 50 years ago - is set to file for Chapter 11 as soon as this week, sources told The Post. The Great Atlantic & Pacific Tea Co.'

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