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US coal major Peabody files for bankruptcy

2016-04-13 10:29:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Peabody Energy, the world`s largest private coal miner, has filed for bankruptcy protection in the US. Worth almost US$20 billion in 2011, the firm`s debts ballooned over the past five years as it expanded while coal prices crashed. It cited a weak Chinese economy, competition from shale gas and "ongoing regulatory challenges" -- a nod to climate protections -- as factors. This was a difficult decision, but it is the right path forward for Peabody. We begin today to build a highly successful...

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Fired Westport Whole Foods Worker Files $15M Lawsuit

2016-04-08 22:18:26| Grocery - Topix.net

A former meat cutter at the Whole Foods meat in Westport filed a $15 million lawsuit against the company alleging that he was fired because he complained about the store selling tainted meat, according to the Connecticut Post. Angel Figueroa, 44, said in his lawsuit that he was fired a day after filing a complaint with the health department about employees not following hygienic practices, the Post said.

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Pacific Sunwear files bankruptcy as shifting tides cut sales

2016-04-08 17:36:45| Apparel - Topix.net

Pacific Sunwear of California Inc. filed for bankruptcy protection Thursday after what it called years of management blunders that left the youth-oriented clothing chain unable to compete successfully in an increasingly cutthroat retail environment.

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Ex-worker files $15M lawsuit against Whole Foods

2016-04-07 20:22:01| Grocery - Topix.net

A local meat cutter has filed a $15 million lawsuit against Whole Foods saying he was fired from the Westport store after he complained the store was selling expired and tainted meat. In his lawsuit filed in Superior Court here, Angel Figueroa , 44, said he repeatedly complained to management at the store that the meat department staff were not following accepted hygienic practices in the care and treatment of the meat products and was fired one day after he filed a complaint with the local health department.

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Teen apparel retailer files for bankruptcy

2016-04-07 18:35:12| Apparel - Topix.net

In a not unexpected move, beleaguered teen apparel retailer Pacific Sunwear of California Inc. filed for Chapter 11 bankruptcy court protection. In a court filing on Thursday in Delaware, the Anaheim, California-based retailer listed assets in the range of $50 million to $100 million and liabilities of between $100 million and $500 million.

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