Lawyers for the California city of Stockton said Monday it has cut its budget and services to the bone and has no choice about trying to become the most populous U.S. city to enter bankruptcy.
The only remaining Hostess Bakery Outlet in the Bay Area has been donating free bread to Vallejo non-profits as the store prepares to close its doors for good.
Hostess Brands Inc. says it’s going out of business after striking workers across the country crippled its ability to make its Twinkies, Ding Dongs and other snacks.
Four candidates who are running for political office in the city of Gilroy this November have filed for bankruptcies in the past.
The failed solar power company Solyndra LLC is asking a Delaware bankruptcy judge to confirm its proposed reorganization plan over objections from government attorneys.
Government attorneys are urging a Delaware bankruptcy judge to reject the proposed reorganization plan of failed solar power company Solyndra LLC.
One of the largest turkey producers in the nation, Zacky Farms, has filed for bankruptcy, blaming the soaring price of feed.
A fiscal emergency has been declared in the small Central California city of Atwater, a move that could lead to the state’s fourth municipal bankruptcy this year.
Seagate Technology has reached a tentative deal to buy the former headquarters of solar company Solyndra.
One of the nation’s top credit rating agencies will begin a wide-ranging review of municipal finances in California because of what it sees is a growing threat of increased city bankruptcies and bond defaults.