AMERICAN Airlines says it has fixed a computer problem that prompted the grounding of its aircraft on Tuesday, with flight resuming but schedules still in disarray. Earlier in the day, American had grounded all its aircraft due to ...
Tags: Computer, Computer Products
Luxury plug-in hybrid carmaker Fisker Automotive looks set to file for bankruptcy protection in the US as soon as this week, according to latest reports. Under pressure from the US Department of Energy (DOE) to re-pay nearly US$200 ...
Houston, Texas, United States of America (Free-Press-Release.com) April 2, 2013 -- HOUSTON – Houston-based Hi-Way Equipment Company LLC, along with Hi-Way Holdings LLC and HWE Real Estate LLC, reported today that they have filed ...
Tags: IH equipment, Hi-Way Equipment
Hostess Brands, a US-based bankrupt producer of bakery products, has attained US Bankruptcy Court approval to sell its Drake's snack cake brand as well as four of its northwest regional bread brands in separate transactions that are ...
Bimbo Bakeries USA, the American arm of Mexican baking company Grupo Bimbo, has acquired the Beefsteak bread brand from Hostess Brands, the US-based bankrupt producer of bakery products, for $31.9m. The Beefsteak brand has been acquired ...
Tags: Bimbo, Hostess'Beefsteak Bread, Food
Morris Chang, chairman and CEO of Taiwan Semiconductor Manufacturing Company (TSMC), noted in August 2012 that the firm had changed its position in relation to investments in solar cell maker Motech, shifting from strategic purposes to ...
Tags: solar industry, solar
The reform attempt made by the traditional manufacturing enterprises fromoverseas sales to domestic sales may not make success soon, at least for the present. As early as three years ago, located in China's Lighting Mecca, Guzhen Town, ...
Tags: LED lighting, Home Lighting
There aren't many cars that make my heart flutter more than a Corvette. And over the last 20 years, I've been lucky to have driven many. This redesigned 2014 model—which we first saw in Detroit—might turn out to be one of the ...
Tags: New York Auto Show, Chevrolet, Sting
Executives from China-based solar firm Wuxi Suntech have visited Taiwan to hold talks with solar cell OEM firms. Wuxi Suntech hopes to continue cooperation with Taiwan-based solar firms while seeking alliances with South Korea-based firms ...
Tags: solar cell, solar firm, solar
Suntech Power's epic plunge from solar module dominance to bankruptcy comes as the result of misplaced investments, a misguided pricing strategy, anti-dumping action in the US and a potential new willingness by the China government and ...
Tags: solar module, solar, Suntech
The Australian dollar fell after the Cypriot parliament failed to pass a bank deposit tax that was a condition of a bailout for the island nation. At 6.30am AEDT the local unit was trading at 103.63 US cents, down from 103.80 cents at ...
Tags: Australian dollar, US cents, European Union
BOWLING GREEN, Ky. — Eagle Inds. has laid off about 250 workers at its plant here and says it is in talks with an investor for a possible purchase of the entertainment furniture and case goods manufacturer. Eagle was asked to ...
Tags: Eagle Inds
The U.S. Congress needs to shut down so-called patent trolls whose infringement lawsuits are diverting company resources from hiring and research, a group of technology companies told lawmakers Thursday. Representatives of Cisco Systems, ...
Tags: Tech companies, retailers, technology
Suntech Power Holdings, a China-based solar module giant, said on March 11, 2013, that it has signed a forbearance agreement with the holders of more than 60% of the firm's 3% convertible notes. The forbearance agreement between Suntech and ...
Tags: Suntech, Lighting, solar module
US snack food manufacturer McKee Foods has been selected as the leading stalking horse bidder to acquire Hostess Brands' Drake's snack cake business for $27.5m. Hostess Brands stated that the deal will be presented to the US Bankruptcy ...
Tags: Mckee Foods, Drake's Snack Cake, Food