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Bank of America Cutting 35,000 Bank of America said it will eliminate 35,000 jobs over the next three years because of the poor economy and duplications created through its merger with financial services company Merrill Lynch & Co. Inc. ...more
December 12, 2008
The company that owns the Los Angeles Times and the Chicago Tribune filed for bankruptcy protection Monday, seeking relief from $13 billion in debt that largely stems from last year's leveraged buyout of the media company. ...more
December 9, 2008
Ernie Haire Ford Inc. of Tampa has filed for bankruptcy protection, boosting to at least five the number of local auto dealerships that have faltered in the troubled economy. ...more
November 26, 2008
TAMPA Ernie Haire Ford Inc. of Tampa has filed for bankruptcy protection, boosting to at least five the number of local auto dealerships to falter in the troubled economy. On Monday, Ernie Haire filed for Chapter 11 bankruptcy, which will allow it to continue operating and to reorganize its finances while protected from its creditors. ...more
November 25, 2008
There's a new realization that holding a gift card from a troubled retailer is like having a bank account without FDIC insurance. ...more
November 23, 2008
Americans have slammed their wallets shut since the financial meltdown, and the future is looking downright scary for stores across the country and the whole U.S. economy. ...more
November 15, 2008
Recession or not, a Texas-based car dealership chain is moving ahead with plans to buy the closed Bill Heard Chevrolet in Plant City. ...more
November 12, 2008
Accentia Biopharmaceuticals, the Tampa-based drug development company, has filed for bankruptcy protection while it tries to cut costs and seek additional financing. ...more
November 11, 2008
Circuit City Stores filed for bankruptcy protection Monday, heading into the busy holiday season hoping the move will help the nation's second-biggest electronics retailer survive. ...more
November 11, 2008
Circuit City Stores Inc. may close at least 20 percent of its stores to shore up its finances and to avoid filing for bankruptcy protection, The Wall Street Journal reported Monday. ...more
October 21, 2008
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