Stories tagged with "bankruptcy proceedings"
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Accuride Corp. files for Chapter 11 restructuring
Evansville — Accuride Corp., a manufacturer of steel and aluminum wheels based in Evansville, said Thursday it has filed for Chapter 11 bankruptcy reorganization as part of a...
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Briefly Around the State + Nation
Accuride Corp. files for Chapter 11 restructuring Evansville Accuride Corp., a manufacturer of steel and aluminum wheels based in Evansville, said Thursday it has filed for Chapter...
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Indianapolis developer: N.C. high-rise project bankrupt
An unfinished high-profile construction project in Charlotte, N.C. — affiliated with Indianapolis-based Flaherty&Collins — has filed for Chapter 7 bankruptcy...
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Ind. officials renew Chrysler bankruptcy fight
Indiana officials are asking the U.S. Supreme Court to reconsider hearing their objections to the Chrysler bankruptcy proceedings that resulted in the sale of the bulk of the...
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Cummins recalls 400 workers -- temporarily
Plant to make Dodge Ram engines a few weeks, then be idled again About 400 Cummins workers returned to work Monday — for the time being — as a Walesboro plant resumes...
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Cummins recalling 400 workers in Columbus
COLUMBUS, Ind. — Cummins Inc. is recalling 400 laid-off workers as it resumes production at a Columbus factory, but nearly 300 people lost their jobs when an auto parts company...
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2 Ind. cities top U.S. jobless rate increase
WASHINGTON — Layoffs tied to the troubled housing and autos industries clobbered the West and Midwest in May and helped raise unemployment rates in all the largest metropolitan...
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Lost Chrysler fight doesn't upset Indiana treasurer
Indiana Treasurer Richard Mourdock says he stands by his effort to halt Chrysler’s bankruptcy proceedings even though the losing battle could cost three state pension and...
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Supreme Court asked to block Chrysler sale
WASHINGTON — Opponents of Chrysler’s sale to Fiat are asking the Supreme Court to block the deal. Three Indiana state pension and construction funds filed emergency papers at...
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Pensions safe for now, but will restructuring be a lasting legacy?
Government-led carmaker sets out on new path to get lean, profitable Facing a $20 billion hole in its pension funds, General Motors could return to bankruptcy court in a few years...
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Obama defends U.S. intervention in GM
WASHINGTON — President Barack Obama is defending the government’s intervention in the auto industry, saying the collapse of GM and Chrysler would have been devastating for the...
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State funds took losses in Chrysler bankruptcy
Indiana’s treasurer won’t invest any more money in the corporate debt of companies receiving federal funds after state pensions were stung by millions of dollars in...
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Trump casinos file for bankruptcy a third time
ATLANTIC CITY The three Atlantic City casinos once run by Donald Trump filed for Chapter 11 bankruptcy protection on Tuesday — for the third time.Trump Entertainment...
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Bayh backs help for auto industry
WASHINGTON -- Letting the domestic auto industry go into bankruptcy is too risky in an already unstable economy, Sen. Evan Bayh, D-Ind., argued at a congressional hearing...
