Download Our App

All posts tagged "Chapter 11 Bankruptcy Protection"

'Pink slime' furor crushes U.S. beef processor

'Pink slime' furor crushes U.S. beef processor

WASHINGTON — A leading US ground-beef processor, AFA Foods, filed for bankruptcy protection Monday, blaming media coverage of one of its products dubbed "pink slime" by critics.

U.S. brokerage bankrupt over euro debt losses

U.S. brokerage bankrupt over euro debt losses

Struggling US brokerage firm MF Global has filed for bankruptcy after confidence in the company was shattered by a string of losses from European public debt holdings.