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The worlds largest coal company just went bankrupt
2016-04-13 11:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: In a move that has environmentalists hunting for graves to dance on, Peabody Energy, the world`s largest private-sector coal company, has filed for bankruptcy. Its the fourth major U.S. coal company to go bankrupt in the last year. The dirtiest fossil fuel sector has been hit hard by the natural gas boom and dropping prices for renewables. Further adding to coals woes are Obamas pending Clean Power Plan and aggressive anti-coal organizing by climate activists. In a statement, the company...
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California wins $1.1 billion judgment against bankrupt for-profit college
2016-03-24 21:16:00| American School & University
Corinthian Colleges Inc. closed its campuses last year in the wake of federal and state investigations into questionable practices read more
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Mattel Wins Auction for Bankrupt Nabi Tablet Maker
2016-01-22 03:04:57| Toys - Topix.net
Toy giant Mattel Inc. is preparing to take over the bankrupt manufacturer of Nabi children's tablets after winning a bankruptcy auction earlier this week with a $21.5 million bid. Court papers show Mattel put in the highest offer for the brand of colorful tablets made by Fuhu Inc., which went up for sale after the El Segundo, Calif., company filed for bankruptcy in December.
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Can bankrupt American Apparel stay American?
2015-10-07 21:15:47| Apparel - Topix.net
As the hipster retailer struggles to turn around $340 million in losses, its new CEO insists it can stay afloat without resorting to overseas production. "American Apparel will live beyond my lifetime," founder Dov Charney bragged to ABC just three years ago.
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Ken Braun: Big Oil would be loved more if it went bankrupt
2015-08-05 15:49:11| Oil & Gas - Topix.net
The oil industry is having a bad year, but sympathy cards from Capitol Hill and Lansing must have gotten lost in the mail. Last summer, their oil was fetching almost $100 per barrel, but today it's worth half that.
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