Toasty sandwich restaurant chain Quiznos announced on Friday that it would be filing for Chapter 11 bankruptcy in an attempt to restructure the company and cut more than $400 million in debt.
The city of Los Angeles will not settle. On Friday, the city sued the cable company, Time Warner Cable Inc., claiming the franchise owes them almost $10 million in unpaid franchise fees.
WASHINGTON (AP) -- The prices companies receive for their goods and services fell slightly in February, the latest sign that inflation is tame.
With New Jersey taking action to ban Tesla from selling its cars there, the Garden State has joined with Arizona, Texas, Virginia and Maryland in making law only an auto-dealers association could love.
Later in the week, Fed will further taper USD 10 billion from its stimulus and likely offer fresh guidance on when it may raise interest rates.