Standard General, which is partnering with Sprint, has upped its bid for the bankrupt chain by $20-million dollars to $165-million, in a bid to keep more than 1,700 stores open, co-branding them between Radio Shack and Sprint, and saving around 7,500 jobs.
A national chain of skin care clinics has reportedly filed for protection from its creditors in bankruptcy court, leaving thousands of customers who paid money up-front for services wondering what to do next.
Supporters of Bay Area Bike Share are hoping to get expansion plans back in the fast lane after financial woes have created delays.
The quake — although it exacted a greater toll in damage and injuries in Napa Valley — was the latest blow to a hard-luck community that has weathered years of bankruptcy and is now beset by poverty, gangs and crime.
Bryman College Monday closed BioHealth College in San Jose and its other for-profit colleges in Hayward, Los Angeles, San Francisco and San Jose, according to the California Bureau of Private Postsecondary Education.
The Bay Area Metropolitan Transportation Commission approved $8.7 million in funding Wednesday morning to expand the Bay Area Bicycle Share program to the East Bay in 2015 despite delays in existing expansion plans caused by the bankruptcy of a key business.
Cities in California are watching how the bankruptcy case plays out in Michigan, and whether it might affect their own proceedings in California.
Ecotality, which makes charging systems for electric vehicles, has filed for Chapter 11 bankruptcy protection and wants to sell its assets in an auction.
A Mi Pueblo spokeswoman assures that customers of the grocery chain won’t feel the effects of the companies bankruptcy filing. Meanwhile Smart & Final is opening a store in East San Jose.
Electric car maker CODA Holdings Inc. filed for bankruptcy protection Wednesday after selling just 100 cars and said it plans to quit the auto business altogether.