Page 83 - Liquidation News Today

Million have been earmarked as bonuses for managers overseeing the liquidation. the judge is basically saying that the group deserves the extra compensation because theyre still working as they wind down operations. before we grab out the torches and pitchforks and say hey, why are the managers getting money? we should also point out that the rank-and-file workers who remain at the company during this winddown are also getting bonuses to the tune of about $4.36 million. thief also agreed to dist...

He gave a speech last night on television. it was formatted as an interview, but it was still a speech in which he said, im sorry. i didnt mean to take all of these extra powers, but i did it for the sake of the nation. >> nbcs richard engel in tahrir square in cairo, thank you. time to look at stories topping the news now. israeli officials are saying that government has okayed settlement construction of 3,000 new west bank units. now, this news comes as palestinians are celebrating yesterday...

The daily beast with a piece al gore to state? the article proposes six alternatives to susan rice. topping the list, al gore. saying gore is well-known and he can use the position to elevate his top issue, climate change. it prompts scott conroy to ask whether scott browns senate departure prove brief. suggesting the former republican senator from mass could run in a special election or be an interim senator. that would happen if president obama selects john kerry for a cab threat post. and the...

Restore revive rejuvenate rebuild rebuild rebuild today hostess will ask a bankruptcy judge to approve big bonuses for top executives. bonuses will total nearly $2 million and could go higher. hostess says the incentive is needed to keep the managers during the companys liquidation. nearly 18,000 people are losing their jobs in that bankruptcy. we now know a little bit more about the winners of the biggest power ball jackpot ever. one of the winning tickets was sold at a four sons food store...

Thanks. heather: so take a look at this image. pretty much says it all. a partial poster of twinkie the kid, oh, thats kind of sad. and a sign that said closed permanently. just one of the hostess facilities shuttered for good, this after a judge gave his preliminary approval for the liquidation of the company that makes twinkies and wonder bread, hoe hoes and ding dongs as well. the decision coming after mediation talks failed to resolve differences over wage and benefit concessions. rick: are ...

Drought fueled by uncertainty over the approaching fiscal cliff and tax increases. the jobs report shows the number of people filing for an employment fell to 410,000. the labor department says those numbers are still skewed because of superstorm sandy. the four-week average was a less volatile measure rose to 10,000. and hostess heads to bankruptcy court unable to reach an agreement with the bakers union. last week the company closed its plans after 42 years. some 18,000 plus people will likely...

Likely, now, to be out of a job. now, the chief business correspondent and author of "rebounders, winners pivot from set back to success." the breaking news, a judge after saying boys go back to the bargaining table, has now said, okay, host us, you are free to sell off. it looks like they will sell to the highest bidder. will the union workers go with those twinkies? >>guest: this is expected pretty much that hostess would end up in liquidation. it has been a troubled company for several years ...

On the attack clapper said he did not know who made the changes. republican chairman of the house intelligence committee mike rogers demanding an immediate explanation. >> lis questioning two men in connection with the blast that leveled two homes in indianapolis and left two people dead. one of them is being linked to this white van that was spotted near the home on the day of the explosion. neighbors say they saw it outside of the trailer for about two weeks until it disappeared three-days ago...

Yesterday. a judge called for mediation in hopes of averting liquidation and saving 18,000 jobs. the jobless report is out today claiming were down last week as 41,000 less people filed for unemployment benefits than the previous week. analysts say the total claims number remains elevated due to hurricane sandy. dougless kennedy, the son of the late robert f. kennedy, has been aquilted of charges with in two nurses. a sophomore at college has set a new scoring record. he scored 138 points ...

Ho-hos and ding dongs. >> absolutely. just in case this scenario came to be, there are plenty of people out there who have been hoarding hostess products. we hear ats love stories, one guy in oklahoma, for example, who stuffed his freezer full of twinkies. you hear other reports of shelves being cleaned out in many stores. also this holiday people really wanted this company to stay in business. at this stage, though, hostess will continue down the path to a full liquidation. its already shuttere...