Hostess Brands, which also makes Wonder Bread, Ding Dongs and more, has filed for Chapter 11 bankruptcy protection.
Despite a previous bankruptcy process only a few years ago, Hostess was unable to agree with unions on reducing pension and other labor costs.
bankruptcy processTwinkie-Maker Files For Bankruptcy ProtectionNPR Programs: Morning Edition Wed, 01/11/2012 - 3:00am
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The New G.M. BeginsDonklephant Fri, 07/10/2009 - 10:23am
It’ll be a while before we know if this arrangement will work or not, but I can’t help but think a new G.M. that builds better, greener autos will be competitive in the future. |
