Reuters reports this morning via the Chicago Tribune:
Hostess Brands Inc., the bankrupt maker of Twinkies and Wonder Bread, said it had sought court permission to go out of business after failing to get wage and benefit cuts from thousands of its striking bakery workers.
Hostess said a strike by members of the Bakery, [...]
Have you heard about this? The school superintendent in Fresno County, California, Larry Powell, is a hero to taxpayers nationwide:
Some people give back to their community. Then there’s Fresno County School Superintendent Larry Powell, who’s really giving back. As in $800,000 – what would have been his compensation for the next three years.
Nothing has been officially announced, but changes are allegedly in store for Bergner’s, and possibly all the other subsidiaries of Bergner’s parent company, The Bon Ton Stores, Inc. According to my sources, Bon Ton will be changing the name of all Bergner’s stores to Carson Pirie Scott starting November 1. In fact, they may [...]
Yesterday, at the height of Speaker Boehner’s attempt to convince his fellow Republicans to approve his debt ceiling plan, the House instead voted on a bill sponsored by Rep. Aaron Schock:
House leaders have delayed a scheduled vote on the debt ceiling plan offered by House Speaker John A. Boehner, a possible acknowledgement that [...]
Looks like it’s time to close the book on Borders.
The bankrupt bookstore chain will likely begin the liquidation process after it couldn’t come to terms with a bidder that would have kept its 399 nationwide stores operating.
The second-largest book chain behind Barnes & Noble is asking the U.S. Bankruptcy Court [...]
1. Bergner’s Sheridan Village
This actually happened a while ago, but I never got around to writing about it until tonight. Bergner’s in Sheridan Village has closed its basement level to shoppers. A wall has been erected around the old down-escalator. The housewares and luggage that used to be in the basement has moved [...]
Local resident General Parker traveled to Ohio to take part in a protest demonstration against JP Morgan Chase Bank in Columbus, Ohio:
“Being the number one perpetrator of home foreclosures in this country, especially after our tax dollars bailed them out. They should show some lienency and since they went through a meltdown, they [...]
If you don’t have the TV or radio on, you’ll find most programming has been preempted for a special news report: Osama bin Laden has been killed. President Obama is expected to make the official announcement soon.
UPDATE: Here is a transcript of President Obama’s address, delivered Sunday night:
THE PRESIDENT: Good evening. Tonight, [...]
In a world where robots take over the fourth estate . . .
Sound like the opening of a bad sci-fi film trailer? It may be more realistic than you think. National Public Radio reported Sunday: “‘Robot Journalist’ Out-Writes Human Sports Reporter.”
“A while back, All Things Considered brought you the story [...]
A new hotel franchise is on its way to downtown Peoria.
In an agreement between Holiday Inn City Centre and Starwood Hotel & Resorts Worldwide, Inc., the Holiday Inn hotel will officially be renamed Four Points by Sheraton Downtown Peoria.
A multimillion dollar enhancement for the hotel has already been put into [...]