Daily News Channel
OPINION: History will judge all things, including Pippa Middleton’s breathtakingly wonderful bottom Historians will wonder why the rear end of this woman, holding the wedding train of her sister, so energised the world when she was first seen on live TV that she has been fodder for women’s magazines and tabloids ever since. When snapped by the paparazzi, she’s been portrayed as revealing the gamut of human misery when in reality she was probably just thinking about lunch
Another television actor files for bankruptsy, this time it’s former CSI star; heart throb Gary Dourdan. Creditors And Assets Former “CSI” star Gary Dourdan throws in the towel and files for Chapter 11. The troubled actor filed papers on August 30th — and according to the docs, has a little over $1.8 mil in […]
General Motors Corp. may no longer be the world’s biggest automaker, but it still operates the country’s largest pension fund.
Michael Fertik may be running a business, but by the time new customers are knocking on his door, things have turned decidedly personal. “People send us letters that say, ‘You saved my life,'” says the CEO of Reputation.com, pointing to the dramatic ways in which a person’s virtual reputation can shape their day-to-day routine
Health-care woes are terminally funny in ‘So Much for That’ Just when you’re sick to death of hearing/talking/thinking about health care reform, along comes a delicious novel about … why we need health care reform. So Much for That, Lionel Shriver’s improbably feel-good black comedy, is the rare book that can make suicide, near-bankruptcy and […]
Extended Stay Hotels Inc.’s examiner filed under seal his report addressing claims that two private-equity firms schemed with the hotel chain’s senior lenders to push out junior debt holders and take over the company by bankrupting it. Ralph Mabey, a former bankruptcy judge, filed his report under seal yesterday in Extended Stay’s case docket. U.S. […]
A U.S. federal judge in the GM bankruptcy case late Sunday approved the sale of the troubled automaker’s assets to a "new GM," court documents showed. Judge Robert Gerber, in giving his approval, said it “is the only available means to preserve the continuation of GM’s business.” Lawyers wrapped up their closing arguments in the bankruptcy case Thursday, giving Gerber the long holiday weekend to make his decision
General Motors, the nation’s largest automaker and for decades an icon of American manufacturing, stood on the brink of a bankruptcy filing and a de facto government takeover on Monday. A bankruptcy petition will be filed at 8 a.m., according to a source with direct knowledge of the bankruptcy proceedings. President Barack Obama will address the nation shortly before noon on Monday to explain the rationale for the filing, and his hopes that this is the best route for a turnaround, two officials close to the situation told CNN.