Hostess Brands, a producer of bakery products in the US, has received clearance from the US Bankruptcy Court in New York to shut down the business and sell its assets. US Bankruptcy Judge Robert Drain authorized the liquidation process ...
Tags: Hostess Brands, Bankruptcy, BCTGM, 18500 employees
A former boss of Kettle Chips maker, Diamond Foods has pledged to repay two years’ bonuses and resigned his position after a financial scandal engulfed the business earlier this year. Michael Mendes, former chief executive of ...
Tags: Bonus payments, Kettle Chips, Diamond Foods
Hostess Brands has said last-ditch talks with union officials to try to resolve the dispute that has threatened the existence of the US baker have been"unsuccessful". The company,which owns brands including Twinkies,was set to ask for ...
Tags: union officials, dispute, Hostess Brands, strike
First, starting in 2011, China will implement the Twelfth Five-Year Plan, China's sustained growth and development, rapid urbanization to enhance the period of a year will increase by one percentage point. The country will have about 13 ...
Tags: stone