Ener1, an electric car battery company that the Obama administration awarded a $118 million stimulus grant to expand its operations , filed for Chapter 11 bankruptcy protection Thursday after being unable to repay pressing debts. Read full article > >

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Obama-backed car battery company files for bankruptcy protection

When a brand whose name is nearly synonymous with photography prepares to file for bankruptcy, photographers, naturally, are a bit upset. According to a Wall Street Journal report, Kodak , the 131-year-old photography company, is preparing for a Chapter 11 filing. If the company cannot sell its cache of 1,100 digital-imaging patents — which could fetch from $2 million to $3 billion —Kodak will go bankrupt. Read full article > >

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Kodak bankruptcy: Photographers mourn

Seeks Chapter 11 protection.

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American Airlines Files for Bankruptcy

DOVER, Del. — A Massachusetts energy storage company that received a $24 million federal stimulus grant and a $43 million loan guarantee from the Department of Energy has filed for bankruptcy protection. Beacon Power Corp. of Tyngsboro, Mass., filed for Chapter 11 protection on Sunday in bankruptcy court in Delaware, listing assets of $72 million and debts of $47 million. Read full article > >

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Massachusetts energy firm that got stimulus grant, loan guarantee, seeks bankruptcy protection

Harry & David, the makers of gourmet gift baskets, could file for Chapter 11 bankruptcy protection as soon as Monday morning, sources said Sunday. According to people familiar with the matter, Harry & David has a “prearranged” deal with…

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Harry & David Nears Chapter 11

Jeremy Bernard could have had Paris. It could have been a blast, another chapter in the life of an irreverent, shrewd insider who can get away with playfully tossing an ornamental gourd in a fancy Washington restaurant without any repercussions. But after only three months at the apex of diplomatic…

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Jeremy Bernard is first male, gay social secretary for White House

Today, we conclude our serialization of Thom Hartmann’s “Rebooting the American Dream,” with its final chapter, “Tag, You’re It.” This chapter offers time-tested strategies for rebuilding a true middle class and restoring American prosperity – without peremptorily squelching the dream for future generations. read more

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Conclusion: Tag, You’re It!

Hollywood’s legendary MGM studio files for Chapter 11 bankruptcy protection in a move pre-agreed with its major creditors.

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MGM in bankruptcy protection move

Do they really think this will help them get dates? Yale fraternity Delta Kappa Epsilon was on the defensive this week after their pledges were caught on video chanting “no means yes” and “yes means anal.” Although the chapter issued an apology and…

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Yale Frat Pledges Shout Misogynistic Chant