Politicians who are promising to repeal ObamaCare won’t find any evidence in the Kaiser Family Foundation’s analysis of health insurance costs that the law has caused premiums to skyrocket, as many of those politicians have contended.... Read more»
Lee Enterprises, the troubled parent company of the Arizona Daily Star and about 50 other newspapers, reported a $1.5 million third-quarter loss, lower than last year’s 3Q loss of $155 million. But the company’s revenues fell 4.3 percent, and employment was down 7.5 percent.... Read more»4
Policymakers across the nation owe it to taxpayers to consider the importance of limiting public debt, particularly for risky ventures that provide more benefit to private interests or government unions than the public at large.... Read more»1
Francisco Reynoso is suffering a Kafkaesque ordeal in which he’s hounded to repay loans that funded an education his dead son will never get to use — loans that he has little hope of ever paying off.... Read more»2
Investors and financial analysts have their eyes on a bankruptcy case, pending in a Dallas courtroom, that they say could systematically shift how American firms do business with Mexican companies.... Read more»
Lee Enterprises, the beleaguered parent of the Arizona Daily Star, reported a $26.6 million second-quarter loss, mostly related to its recent bankruptcy, with advertising dipping another 5.3 percent the period ending March 25.... Read more»1
A federal judge gave the nod Monday to a plan that puts off the day of reckoning for newspaper chain Lee Enterprises, the publisher of the Arizona Daily Star, St. Louis Post-Dispatch and some 50 other newspapers. Lee now has more time to pay off its $1 billion debt.... Read more»1
Eastman Kodak Co., which brought photography to the masses with the first hand-held camera — the $1 Brownie Camera — almost a century ago, filed for Chapter 11 bankruptcy protection in New York on Thursday.... Read more»
Lee Enterprises, the troubled publisher of the Arizona Daily Star and more than 40 other newspapers around the country, declared a 4th-quarter loss, even as the company struggles to refinance its crushing debt. Is a bankruptcy in the cards?... Read more»1
Greek Prime Minister George Papandreou is expected to resign from his position after the nation’s new coalition government has been formed, a spokesman from his party said Sunday.... Read more»
The fallout from the government’s failed $535 million bet in solar panel maker Solyndra expanded Friday, with the Obama administration seeking an independent audit of Energy Department loans even as the Republican-led House Energy committee threatened a subpoena of the president.... Read more»
Fallout over the collapse of Solyndra, whose bankruptcy may cost taxpayers $535 million in federal loan guarantees, has called into question the tax status of the foundation of a major investor in the solar company.... Read more»1
President Obama exaggerated when defending his administration’s approval of a $535 million loan guarantee to Solyndra, a now-defunct solar company.... Read more»
The head of the Energy Department’s embattled loan program, Jonathan Silver, resigned Thursday after a tumultuous month during which the program’s first loan recipient, the solar panel manufacturer Solyndra, declared bankruptcy, leading to a wave of scrutiny for his agency.... Read more»
New White House emails show a top donor to Barack Obama was in direct contact with one of the president’s closest advisers about the federal energy loan program.... Read more»
The two top executives of the bankrupt solar power company Solyndra sat stone-faced before a Congressional committee Friday and invoked their Fifth Amendment right, rather than explain how they blew through $535 million in taxpayer money.... Read more»
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