Bankruptcy
East Bay School District Celebrates End Of Decades Of Debt
The West Contra Costa Unified School District paid the state of California $47 million, $18 million of which was interest.
South Bay School Districts Could Face Bankruptcy
Four districts are facing major financial troubles, among the almost 200 listed in a new state report.
Solyndra Not Dealing With Toxic Waste At Milpitas Facility
Three months after CBS 5 caught Solyndra tossing millions of dollars worth of brand new parts, the bankrupt solar firm may be trying to abandon toxic waste.
Sales Tax Hike Expected To Fuel Vallejo’s Recovery
The City of Vallejo is no longer in bankruptcy, and now a sales tax increase which goes into affect April 1st is expected to generate millions more dollars.
Stockton On Verge Of Becoming Largest City To Enter Bankruptcy
Stockton leaders have approved a series of emergency fiscal steps they hope will allow the city to avoid bankruptcy.
Bankruptcy Judge Approves $370K In Solyndra Bonuses
A Delaware bankruptcy judge has approved close to $370,000 in bonuses for certain employees of Solyndra LLC, a solar panel manufacturer that received a half-billion dollar loan from the federal government before declaring bankruptcy.
Bankrupt Solyndra Caught Destroying Brand New Parts
After filing for bankruptcy last year, Fremont solar company Solyndra still owes American taxpayers half a billion dollars. But CBS 5 caught them destroying millions of dollars worth of parts.
Solyndra Asks Bankruptcy Judge To Allow $500K In Bonuses
The Washington Times reports that bankrupt Fremont-based solar panel maker Solyndra hopes to give its executives thousands of dollars in bonuses.
Laid Off Solyndra Workers Invited to Special Career Fair
High tech workers formerly employed by Solyndra are getting some much-needed help in the search for new jobs. Two cities are holding career fairs specifically for laid off workers of the failed solar start-up.
American Airlines Parent Files For Bankruptcy; SFO Flights Not Impacted
The parent company of American Airlines and affiliate American Eagle Airlines has become the latest in legacy airlines to file for Chapter 11 bankruptcy.
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