Is the U.S. Bankrupt?
[332Kb PDF] Laurence Kotlikoff, writing in this month's Federal Reserve Bank of St. Louis Review
, says "yes" - to the tune of $66 trillion! [more inside]
posted by ikkyu2
on Jul 16, 2006 -
Levi Strauss to Shut Last Plants in U.S.
Levi Strauss & Co. said that it would close the last of its North American manufacturing plants, laying off almost 2,000 workers. San Francisco-based Levi, which is celebrating its 150th anniversary this year, said it would shutter two plants in San Antonio by the end of the year, displacing 800 workers there and marking the end of its U.S. manufacturing operations. And Cone Mills Corp., the world's largest denim fabric maker, has filed for Chapter 11 bankruptcy protection
and accepted a letter of intent from W.L. Ross & Co to purchase all of its assets in a $90 million transaction (more inside)
posted by matteo
on Sep 26, 2003 -
US Airways Bankrupt.
It had to happen to one of the big airlines eventually, what with 9/11 and the hesitancy to fly following. But on top of everything else financially as of late... it just deepens that already sick feeling. Who's next?
posted by dopamine
on Aug 11, 2002 -
Excite turns out the lights.
For the last four years Excite's portal page
has been my daily stop for news, stocks, showtimes, weather, etc. But they've been turning off services for weeks, and now the whole portal seems to be dead. Are free news portals soon to be quaint memory? [more inside]
posted by y6y6y6
on Nov 29, 2001 -