Bankruptcy filing as Wonder Breadâs hurtinâ for dough
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Interstate Bakeries Corp. yesterday filed for Chapter 11 bankruptcy, as the maker of Twinkies, Devil Dogs and America&#39;s most famous white bread crumbled under rising costs and a move toward healthier offerings.
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First came the sex scandal. Then  there were lawsuits. Now there are bankruptcies.
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Bankrupt Interstate Bakeries Corp. (IBC.N: Quote, Profile, Research) , maker of Hostess Twinkies and Wonder Bread, received court approval on Thursday to incur new debt
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By George Chamberlin , Daily Transcript Financial Correspondent. Wimpy&#39;s plea for a sandwich is representative of how many Americans have handled the cash flow in their checking accounts.
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Is there dough in Sara Lee's new bread?
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A business receives legal protection from its creditors when it declares bankruptcy. But what happens when a company declares bankruptcy twice in just two years?
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The US Supreme Court considered yesterday how much retirement savings people can shield when they file for bankruptcy, an important question as more Americans go into debt.
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At the request of Interstate Bakeries Corp., US Bankruptcy Judge Jerry Venters ordered the company to keep making Twinkies, Ding Dongs, Ho Hos and the rest of its product line and approved temporary loans to finance the company.
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The Supreme Court considered Wednesday how much retirement savings people can shield when they file for bankruptcy, an important question as more Americans go into debt.
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The doughnut maker confesses to a bad quarter but pledges to make a comeback.
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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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Interstate Bakeries Corp., the largest US wholesale baker whose products include Twinkies and Wonder Bread, has filed for bankruptcy reorganization early Wednesday, according to a published report.
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Overwhelmed by sexual abuse lawsuits involving priests, the Roman Catholic Diocese of Spokane today became the third in the nation to file for bankruptcy protection.
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When the news broke last week that a drab-sounding Kansas City-based company called Interstate Bakeries had filed for bankruptcy protection, it may not have immediately gripped the imagination.
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A second bankruptcy filing comes after a month of warnings and a failure to secure labor concessions.
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The recent problems of Dominoâs Pizza speak volumes about the challenges facing both companies and consumers in the year ahead.
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Interstate Bakeries Corp., the parent company of the Wonder/Hostess Bakery in Davenport, filed for Chapter 11 bankruptcy early Wednesday.