Interstate Bakeries gets OK for funding
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Bankrupt Interstate Bakeries Corp., maker of Hostess Twinkies and Wonder Bread, received court approval Thursday for financing that will allow it to keep paying employees and vendors while it seeks to reorganize.
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The Massachusetts office of Economic Development is giving out $76 million in grants to 21 development projects, including $10 million to Columbus Center, a long-delayed hotel, residential, and retail project that is to straddle the Massachusetts Turnpike between the Back Bay and South End.
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Interstate Bakeries Corp. IBC.N,  maker of Hostess Twinkies and Wonder Bread, filed for  bankruptcy on Wednesday after struggling with more than $1.3  billion in debt, high costs and weak demand for bread products  amid the popularity of low-carbohydrate diets.
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By The Pueblo Chieftain, Colo.  Feb. 2--THE LOCAL match for federal funding of the Arkansas Valley Conduit is included in legislation introduced this week by State Sen. Jim Isgar, D-Hesperus.
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RHM Ltd., the UK&#39;s biggest baker, is backing a government campaign to reduce salt in processed food such as the company&#39;s Hovis bread.
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Interstate Bakeries Corp. , maker of Wonder bread and Hostess Twinkies, said yesterday its auditors' report may raise questions about its ability to continue as a going concern, sending its shares tumbling more than 42 percent. The company said in a statement that its annual report would again be delayed because of uncertainty over whether it will ...
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Deb Shops has cash in the bank and more on the way.
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Interstate Bakeries Corp. filed for  bankruptcy on Wednesday after struggling with more than $1.3  billion in debt and weak demand for bread products amid the  popularity of low-carbohydrate diets.
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By Philip Marcello; Journal Staff Writer  This story of statewide business interest previously appeared in a local news section.
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Comps still look good, even if the Mimi Cafe chain does need some help.
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Interstate Bakeries Corp. (IBC.N: Quote, Profile, Research) filed for bankruptcy on Wednesday after struggling with more than $1.3 billion in debt and weak demand for bread products
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When Mission Foods, which makes Mexican tortillas and chips, wanted to build a factory in the Northeast, it chose Pennsylvania. One reason: an ultra-low-cost loan from Citizens Bank. As a condition of the loan, the company pledged to add about 230 jobs.
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By Soule, Alexander  After coming up short in its bid for $15 million in federal grants a year ago, The Workplace Inc. last week received a $5 million commitment from the U.S. Department of Labor to create new work-force development programs in Fairfield County.
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By Will Higgins, The Indianapolis Star  Dec. 7--With endorsements from neighborhood leaders and little resistance  from political powers, backers of a Near Northside restaurant and bar won  approval from the city Wednesday and now need only a liquor license to open  for business.
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Interstate Bakeries Corp. (IBC.N), maker of Wonder bread and Hostess Twinkies, on Monday said it hired a turnaround firm and delayed filing its annual report with the U.S. Securities and Exchange Commission.
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Interstate Bakeries Corp. IBC.N,  maker of Wonder bread and Hostess Twinkies, on Monday said it  hired a turnaround firm, delayed filing its annual report and  outlined possible credit concerns, sending its shares tumbling  more than 25 percent.
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Many of the D.C. businesses that would be taxed to help pay for a new baseball stadium said Thursday that they support the preliminary details of the proposal.