STOCKHOLM – (AP) A spokeswoman for General Motors’ Saab unit says several potential buyers have expressed interest in the Swedish brand after specialty car maker pulled out of a deal to acquire it. On Tuesday, a group led by Sweden’s Koenigsegg Automotive AB dropped out of a deal t Excerpt from: …
Tagged a-group-led, acquire-it-, brand-after, expressed-interest, general, general-motors, koenigsegg, specialty-car, sweden, tuesday, unit-saysMIAMI – (AP) Like many home owners, hotels are starting to drown in debt. They have been enticing travelers all year with sweet deals: credits for in-house spas and restaurants, up to 50 percent off five-star rooms, even free nights. But all that discounting hasn’t stopped Originally posted here: Hotel owners, …
Tagged and-restaurants, credits-for, enticing-travelers, even-free, five-star-rooms, have-been, originally, percent-off-five, with-sweetWASHINGTON – (AP) The Obama administration, battling a foreclosure crisis that shows no signs of relenting, will step up pressure on mortgage companies to do more to help people remain in their homes, officials said Saturday. The administration will announce its expanded program on Read this article: Administration plans new efforts …
Tagged article, efforts-, help-people, homes, mortgage-companies, obama, pressure-on-mortgage, program-on-read, their-homes, will-announce, will-stepSAN FRANCISCO – (AP) Newspaper headlines have skewered money lenders for dubious decisions that stoked the recession. Now the financiers are starting to headline newspapers in a new way as the owners. These newspaper novices are taking control through bankruptcy proceedings and givi The rest is here: Tough times turning newspaper …
Tagged are-starting, control-through, financiers, headlines-have, newspaper, owners, recession, skewered-money, times-turningWILMINGTON, Delaware (Reuters) – A group of noteholders of bankrupt regional theme park operator Six Flags Inc said on Sunday it submitted an alternative reorganization plan that transfers most of the equity to them. Link: Six Flags bondholders submit alternative plan
Tagged bankrupt-regional, delaware, equity, flags, said-on-sunday, submit-alternative, sunday, the-equity, transfers-mostVancouver, WA Bankruptcy
Vancouver, WA Bankruptcy
Reuters – Beal Bank has made a restructuring proposal for bankrupt Trump Entertainment Resorts’ Atlantic City casinos that would give it a 65 percent stake in the casinos company, the bank’s attorney said on Wednesday. Read the original here: Beal Bank makes play for Trump casinos …
Tagged atlantic, atlantic-city, bank, has-made, original, percent-stake, proposal-for, resorts, said-on-wednesday, trump, wednesdayNEW YORK (Reuters) – Beal Bank has made a restructuring proposal for bankrupt Trump Entertainment Resorts’ Atlantic City casinos that would give it a 65 percent stake in the casinos company, the bank’s attorney said on Wednesday. Go here to see the original: Beal Bank makes play for Trump casinos
Tagged atlantic, atlantic-city, attorney-said, bank, has-made, makes-play, new, percent-stake, proposal-for, resorts, wednesday, yorkThe total number of bankruptcies filed in the third quarter surged 33% in 2009 and is at the highest level since 2005, according to data released Wednesday. Read more: Bankruptcies spike 33%
Tagged 2009-and, bankruptcies, data-released, highest, level-since, quarter-surged, the-highest, the-third, third, total-number, wednesdayTOKYO – (AP) Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company from grounding flights. JAL signed an agreement with the state-run Development Bank of Japan after receiving governm More: Ailing Japan Airlines to receive emergency loans
Tagged 1-1-billion, after-receiving, development, japan, japan-airlines, money, preventing-the, state, the-state-run, tokyo, tuesday, tuesday-it-obtained