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- NAMPA -- After announcing nearly 300 job cuts in the last three weeks, Nampa-based MPC Corporation announced Friday on its Web site that officials have filed voluntary petitions for Chapter 11 bankruptcy.The filings were made in the United States Bankruptcy Court for the District of Delaware and apply to MPC and all its direct and indirect subsidiaries. MPC expects to keep its operations up and ...
www.idahopress.com
- WASHINGTON (AP) _ The auto industry and business groups mounted a lobbying onslaught Thursday to thwart GOP opposition to a Senate vote next week on Democrats' plan for a $25 billion emergency loan plan for U.S. carmakers.
www.chicagotribune.com
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- The plan is targeted at homeowners who are current on their payments but might be in trouble later. The effort will focus on areas whose home values have fallen, including California. Citigroup Inc. today plans to announce a six-month program to reach out to 500,000 high-risk mortgage customers who are current on their payments but someday may require loan modifications to stay in their ...
www.latimes.com
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