Today in history

...One year ago: Once the very symbol of American industrial might, Detroit became the biggest U.S. city to file for bankruptcy, its finances ravaged and its neighborhoods hollowed out by a long, slow decline in population and auto manufacturing...
My Turn: Alaska met the challenge of its unfunded pensions

...for years to come.Where public retirement plans in other states have broken promises by reducing benefits or filing for bankruptcy, Gov. Sean Parnell and the Alaska Legislature unanimously enacted a plan to appropriate $3 billion to the Public Employees...
US hiring surges as unemployment dips

...from 6.3 percent in May to its lowest level since the financial crisis struck at full force in the fall of 2008 with the bankruptcy of the Wall Street firm Lehman Brothers."Since February, this has now become a textbook jobs expansion," said Patrick...
Not For Web
Oil is critical to Alaska's economy

...will keep oil tax reform in place, which will help ensure a healthy Alaska for decades to come. A vote yes is a vote for bankruptcy.? James Udelhoven has been doing business in Alaska for over 40 years and is the founder of Udelhoven Oilfield System...
Bethel council releases investigation on manager

...a defunct seafood company, and they decided to pay off that bill with the demolition instead of having that company file bankruptcy.Faulkner said the city is dragging Foley "through the mud," adding that was the thanks Foley received for taking the...
Bankruptcies are on the rise

...from the American Bankruptcy Institute on the...After averaging 45 bankruptcies a year for eight...State and national bankruptcies also increased...Juneau-based bankruptcy court district...the number of bankruptcies went up 66 percent...regaining the bankruptcy level of the state...
KSM Pt. 2: A river runs through it, and that's the problem

...and financially. How this will be guaranteed needs to be addressed in the application," Lynch wrote. "Considering that bankruptcies and buyouts are common in the mining industry, what assurances can be made that the long term commitments of one company...
Lesson in contrasts: Stockton, San Bernardino and Sandy Springs

...recently declared bankruptcy. Municipal bankruptcies are rare, but not...instance, filed for bankruptcy protection in May...000, filed for bankruptcy on June 26, after...deep reforms, more bankruptcies are virtually certain...
Fairbanks health center to file for bankruptcy

...mental health services in Fairbanks has decided to file for bankruptcy.The board of Fairbanks Community Behavioral Health Center voted unanimously Tuesday to protect the organization with the bankruptcy filing as it tries to find a way out of debt. The center...
Today in History

...that he'd taken part in the bombings; he is serving life at the United States Penitentiary in Florence, Colorado.) A bankruptcy judge approved Chrysler's plan to terminate 789 of its dealer franchises, the same day the Supreme Court cleared the way...


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