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Spencer Platt/Getty Images
Spencer Platt/Getty Images
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Detroit Bankruptcy Tests State Pension Protections

Detroit's attempt to revive its finances through bankruptcy court could hinge on a key question.

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Spencer Platt/Getty Images
Spencer Platt/Getty Images
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Detroit Turning To Bankruptcy

Detroit's decades-long fall from industrial powerhouse to financial ruin was the result of a long, slow decline in population and auto manufacturing.

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Official: Filing Shouldn’t Disrupt Jackson Service

JACKSON, Wyo. (AP) — An industry observer says the American Airlines bankruptcy proceedings should not disrupt winter service to Jackson Hole.

Mike Gierau (JEE'-uh-roo) of Jackson Hole Air Improvement Resources says he doesn't think the bankruptcy filing will effect service in the long term either

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lcm1863, Flickr
lcm1863, Flickr
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Restaurant Chain Friendly’s Files for Chapter 11 Bankruptcy

Citing the economic downtown and rising food costs, the parent of the Friendly’s restaurant chain filed for Chapter 11 bankruptcy protection on Wednesday and closed 63 underperforming stores.

The 76-year-old franchise, based in Wilbraham, Massachusetts and known for its ice cream and hamburgers, will continue to operate more than 400 restaurants as it restructures.

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