(Photo courtesy: Friendly's-Facebook)

Friendly’s CEO Steps Down

The chief executive of the Friendly’s restaurant chain has announced he is stepping down after 18 months on the job and a month after the company emerged from bankruptcy protection.


(File Photo by Guy Solimano/Getty Images)

Kodak Files For Chapter 11 Bankruptcy

Kodak, a company more than a century old, filed for Chapter 11 bankruptcy protection on Thursday.


(Photo by Justin Sullivan/Getty Images)

Hostess Files For Bankruptcy Protection

Just like many Americans, the maker of Twinkies, Sno Balls and Wonder Bread is trying to lose the fat.


(Photo credit: JONATHAN NACKSTRAND/AFP/Getty Images)

Saab’s Future Uncertain After Automaker Files For Bankruptcy

Saab has filed for bankruptcy, now that the company’s last hope to nail down financing from a Chinese company fell apart.


(File photo by Kevork Djansezian/Getty Images)

American Airlines Files For Bankruptcy Protection

While not unexpected, the Chapter 11 bankruptcy filing by American Airlines is a jolt to the aviation industry and airports in New England.


(File photo by Mario Tama/Getty Images)

Filene’s Basement Closing All Stores

Filene’s Basement has filed for Chapter 11 bankruptcy protection and plans to liquidate their operations.


WBZ Radio Mic

Beacon Power Files For Bankruptcy

On the heels of Solyndra’s bankruptcy, a Massachusetts-based alternative energy company is also filing for Chapter 11.


(Photo courtesy: Friendly's-Facebook)

Friendly’s Had Been Losing Market Share For Years

Facing mounting debt, the Friendly’s ice cream chain headquartered in Wilbraham has filed for Chapter 11 bankruptcy protection.


(Photo courtesy: Friendly's-Facebook)

Friendly’s Files For Bankruptcy, Closing 30 Mass. Restaurants

Friendly’s filed for Chapter 11 bankruptcy Wednesday morning and it’s shutting down several restaurants in Massachusetts.


(Photo Credit: Getty Images/William Thomas Cain)

List Of Closed Friendly’s Restaurants

In all, there will be 63 Friendly’s restaurants closed down across the country.