Hostess, the maker of Twinkies and Wonder Bread, is going out of business, closing plants, laying off its 18,500 workers and putting its brands up for sale.
The move comes just days after a trustee was appointed to oversee the bankruptcy filing of the company. The decision leaves 170 people without work.
About 1800 items from Curt Schilling’s bankrupt video gaming company 38 Studios are set to be auctioned off on Tuesday in Providence.
Upper Crust filed for Chapter 11 protection, after defaulting on a bank loan of more than $3 million.
After several weeks where the Worcester Tornadoes’ financial troubles had become increasingly publicized, the team’s membership with the Can-Am League has been terminated until it can find more financially stable ownership.
Former Oakland Athletics slugger Jose Canseco has filed for bankruptcy protection in Nevada.
Former Red Sox pitcher Curt Schilling said Friday he’s ‘tapped out’ after investing millions of his personal fortune into his failed video gaming company.
A confidential 37 page memo from Curt Schilling’s 38 Studios to officials in Rhode Island painted a very risky and speculative investment.
After years of trying to make his video game company profitable, former Red Sox pitcher Curt Schilling is out of the game.
According to the National Council on Aging, more than 13 million older adults are considered economically insecure, living on less than $22,000 a year.