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With the recession raging, failures are skyrocketing in Florida and the Bay area. Business bankruptcies filed with the U.S. Bankruptcy Court's middle district of Florida – the central, southwest and north portions of the state – rose 101 percent from calendar year 2007 to calendar year 2008. ...more
March 13, 2009
One by one on a recent Saturday, cars entered the empty parking lot and slowly circled Buffalo's Southwest Cafe. Eventually, the drivers noticed the printed sign taped to the front door before driving away: ...more
March 8, 2009
It may come as no surprise, but bankruptcies surged in Central Florida last year, especially among businesses. ...more
March 6, 2009
Today's economic troubles offer us the chance to understand some of our ancestors from an enlightened perspective. Americans have dealt with bankruptcy since the founding of our country; they've lost their homes and their fortunes. ...more
March 1, 2009
As you may know by the report in last week's Sun, the Sun City Center Board of Directors has refused to fund the golf course study proposed by a board-appointed task force. ...more
February 25, 2009
Investors wiped out by the Bernard Madoff scandal got more bad news Friday: Investigators have confirmed suspicions that the monthly statements showing the disgraced financier was making stock trades for the investors were pure fiction. ...more
February 21, 2009
A public forum in Tampa Wednesday to discuss the government's banking and economic-recovery plans revealed the local business community deeply worried about the immediate financial future. ...more
February 20, 2009
President Barack Obama is expected to roll out a plan today meant to keep struggling families from losing their homes. ...more
February 18, 2009
Circuit City Stores Inc. is asking a U.S. Bankruptcy Court judge for permission to pay up to $4.65 million in retention bonuses to some of its employees to keep them as the chain winds down its business affairs. ...more
February 13, 2009
Muzak Holdings LLC, the maker of elevator music, filed for Chapter 11 bankruptcy protection Tuesday. The company had heavy debt load, and it filed to try to refinance some of its debt. Its total debt is between $100 million and $500 million and it has assets of less than $50,000, Muzak said in a court filing. ...more
February 10, 2009
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