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President of now-closed Armored Solutions in Pittsfield ponders a new business ...
Company President Chris Light said he and a partner are in the final stages of developing a no-idle climate control system for motor vehicles. Light hopes to open a new business to market that product after Armored Solution's assets are liquidated. "It ...
Markets Live: Investors dump shares
It's been an incredible move, and anyone wanting to see a full-scale liquidation of a hugely over crowded trade will use this as textbook.
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Bob Lutz, Chinese parts supplier may buy Fisker Automotive
The company's U.S. arm, in addition to owning Walgreen stores in the Midwest, provides parts to one of every three new cars manufactured here.
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Indy Soap Opera
Meanwhile, the death of Indianapolis Motor Speedway Corporation CEO Joe Cloutier left 30-year old Tony George, son of Company chairperson Mari Hulman George, in charge of Indianapolis Motor Speedway Corporation. George's new role gave him sway with ...
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Whistleblower Suit Holds Up Payout to Old GM Creditors
Lawyers for the trust, officially the Motors Liquidation Co. GUC Trust, are now asking Robert Gerber, the judge that oversaw GM's Chapter 11 case, to estimate the amount of the whistleblower's claim.
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Tesla To Pay Off $465 Million In Federal Loans
Tesla is looking to pay back $465 million in Department of Energy loans through an upcoming stock offering which could generate as much as $1 billion for the company. CEO Elon Musk, who often takes to twitter to defend the company and hint at upcoming ...
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In the papers: Shale gas could supply 'half UK's energy need'
The innovative restructuring could help to preserve 2,000 miners' jobs and prevent UK Coal Mine Holdings, the successor body to UK Coal, going into compulsory liquidation, the Pension Protection Fund believes. Get rid of public stake in RBS and Lloyds ...
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Braxton County man sues State Farm for wrongful termination
11, he agreed to help an acquaintance and State Farm insured negotiate a settlement with Nationwide Insurance Company following a motor vehicle accident, as the acquaintance felt that she was being bullied by the Nationwide adjuster assigned to the ...
Rep. Jim Renacci asks whether Treasury Department targeted conservative GM ...
Jim Renacci wants to know whether the Treasury Department also used political considerations when hundreds of auto dealerships were selected for closure during the federal bailout of General Motors. ... Renacci's letter cited, the Treasury Department ...
Stocks Little Changed as Slow News Day Draws the Focus to the Fed
( YHOO ) following news of the search engine company's $1.1 billion purchase of Tumblr. What have we learned throughout the first year of ... "Last night, silver futures tanked on what many called a forced liquidation. Since then, futures completely ...
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