Commerce chamber in liquidation
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Cardiff Chamber of Commerce, which represents 1,400 businesses in south Wales, goes into liquidation.
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Circuit City Stores Inc. , the target of a $3.3 billion takeover bid by Boston-based Highfields Capital Management LP, plans to close 19 US stores, a warehouse, and five regional offices, eliminating as many as 973 jobs.
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Williams Cos. Inc. (WMB.N: Quote, Profile, Research) has scrapped efforts to sell its power business as the depressed wholesale market has damaged prospects for selling the unit, the natural gas company said on Thursday.
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Like many newspapers, the Times-Union is planning to reduce its stock listings. In an age of immediate stock quotes on the Internet and business news channels on cable TV,  the newspaper listings have become less critical.
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After spending several years in a protracted death spiral, Commerce One Inc. is finally on the verge of ending its misery by running out of cash. The San Francisco software maker laid off most of its staff this week and said in a Friday regulatory filing that it is down to its last $300,000 in operating cash.
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Most communities that lose business in spite of offering companies tax breaks walk away, but one town is fighting back.
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The hard luck Back Bay Holiday Market at Prudential Center was shut down for about five hours yesterday by the Boston Public Health Commission, prompting one merchant to say she plans to leave.
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How to unload your property during a real estate downturn.
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Business & money: Â· Buyout firms blamed for collapse of schemesÂ· Labour donor linked to Â£81m of deficits
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The realty space is being disrupted.
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Business & money: Â· Firm teaching energy assessors sacks 100Â· Government could be sued for lost earnings
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NEW YORK -- Internet software developer Commerce One Inc. on Friday said it laid off about 61 percent of its staff to conserve cash ahead of plans to close down its business, sending its stock plunging during morning trading.
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A troubled company in the troubled housing sector.
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Alliance Bancorp Inc. has filed for Chapter 7 bankruptcy protection and will liquidate, becoming the latest residential mortgage lender to collapse in the U.S. housing downturn.
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By Benjamin Spillman  By BENJAMIN SPILLMAN  REVIEW-JOURNAL  A hotel-casino that was supposed to become "the anchor of the downtown market" remains shuttered almost one year after its owners closed the property and displaced nearly 700 workers.
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Commerce One says it must lay off 56 employees, leaving it with 36 to operate its supplier relationship management business unit. Years of economic devastation have left Commerce One -- once
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The company's development group has been hit with layoffs.