Tuesday, April 6, 2010

 

Chrysler is said to expect to break even this year.

Less than a year after filing for chapter 11 bankruptcy, Chrysler is saying that it expects to break even by year end.
Achieving that goal should be a non-brainer: just stop making that awful PT Cruiser.

For more, see DetroitNews.com

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Wednesday, August 19, 2009

 

Reader's Diggest to file for bankruptcy.

Reader's Digest announced last week that it will fill for bankruptcy to unload some of its debts.
After hearing the news, kids all over the country whose moms picked a lot of tips while raising them from the magazine, starting asking: "What's a reader mom?"


For more, see Reuters.com

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