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Shutting down Circuit City to take time
Circuit City Stores Inc. has started the arduous process of dismantling its massive retail business, but it could take two years before the entire company completely disappears. ...more
January 30, 2009
Ernie Haire Ford Shuts 1 Lot
Ernie Haire Ford cleared the lot at its used car location on East Bearss Avenue last week and moved the vehicles to the dealership on North Florida Avenue. ...more
January 14, 2009
Storefronts Closing; More On Chopping Block
The holiday sales figures are in and, as expected, things were ugly at the nation's stores. ...more
January 9, 2009
Frontier's Pilots OK 10% Cut In Pay
that includes a 10 percent pay cut - to help the Denver-based company reorganize under bankruptcy protection. ...more
January 8, 2009
Frontier Pilots Approve Pay Cut To Help Ailing Airline
The Frontier Airlines Pilots Association has ratified an agreement -- that includes a 10 percent pay cut -- to assist the Denver-based company reorganize under bankruptcy protection. ...more
January 7, 2009
Store Bankruptcies Can Burn Shoppers
The lackluster holiday season and deepening recession will take a toll on retailers across the country. Experts are predicting the worst rash of store closings in 35 years. Already, Circuit City is operating under bankruptcy protection. KB Toys, Linens 'n Things and Mervyns announced last year they're going out of business. ...more
January 4, 2009
Ernie Haire Buyers Cut Off By Banks
Seven banks and financial institutions are refusing to make vehicle loans to Ernie Haire Ford customers, which could make it even more difficult for the dealership to emerge from bankruptcy. ...more
January 2, 2009
McDonald's Low Prices Send Its Stock Up 5%
Declining consumer confidence took a bite out of restaurants' sales and profits in 2008, leading to bankruptcy filings at casual-dining chains, such as Bennigan's, and the closure of more than 600 Starbucks locations. ...more
January 2, 2009
More Retailers May Close After Dismal Holiday
U.S. retailers face a wave of store closings, bankruptcies and takeovers starting next month as holiday sales are shaping up to be the worst in 40 years. ...more
December 30, 2008
Some Doubt GMAC Move Will Help Car Buyers
NEW YORK (AP) - Several analysts expressed skepticism Friday that the Federal Reserve's decision allowing GMAC Financial Services to become a bank holding company would spur many more people to buy cars. ...more
December 28, 2008
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