Hostess bakery outlet crowds as brand fades in bankruptcy
Shoppers in Indianapolis stream into a Wonder Hostess Bakery Outlet amid news of the company’s Chapter 11 filing. The tale traces Hostess brands back to 1888 and notes debt, limited marketing, and the bakery’s struggle before the liquidation.
MENTIONED IN THIS ARTICLE
Wonder Hostess Bakery
Indianapolis
Charles Selke
Samantha Caldwell
Chicago
CVS
Caldwell
Hostess
Chang, Pany
Arts
Bakeries
Hostess To Liquidate After Long Struggle And Strikes
Hostess Brands filed for liquidation in U S Bankruptcy Court after a nationwide strike crippled production. The move ends 18 500 jobs across 33 plants with 500 outlets to sell remaining stock. CEO Gregory Rayburn cites $2 5 billion annual revenue while union reps push back on wage and benefit cuts.
MENTIONED IN THIS ARTICLE
Hostess
Irving
Texas
Brain Driscoll
U.S
Gregory Rayburn
Bakery
Confectionery, Tobacco Workers and
Grain Millers International Union
Bakers Union
Strong continued from 1A enters STRONG program
A defendant may enter the STRONG program to complete probation and terminate remaining balance if successful. Failure to finish the program could terminate probation and trigger a prison term up to six years. STRONG promotes peer driven philosp for residents volunteering with groups like the Friends of the Library.
MENTIONED IN THIS ARTICLE
S.C. Strong
Deficit talks at White House center on tax reform and cuts
A defiant push to avert the fiscal cliff, with Obama, Boehner, Pelosi and Reid at the White House, debating a multitrillion-dollar deficit plan to replace looming tax hikes and spending cuts set for January. Republicans favor spending restraint. Democrats seek a balanced approach to deficit reduction.
MENTIONED IN THIS ARTICLE
House
Nancy Pelosi
California
Obama
White House
Sean
Roosevelt
Boehner
Senate
Mitch McConnell
Jay Carney
Congress grapples with tax and spending reform amid looming expiring provisions
Facing a 7.9 percent unemployment rate and looming year end expirations, leaders vow a fair balanced approach. Boehner and Reid push for a rapid framework, Obama seeks 1.6 trillion in higher taxes and over four trillion in deficit cuts, while current laws expire triggering widespread tax and benefit changes.
MENTIONED IN THIS ARTICLE
Sing
Boehner
Harry Reid
D-Nev
Obama
White House
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Andy Wagar
Wonder Bakery Thrift Shop
Bellingham
Wash
Hostess Brands Inc
Aikenstandard.com
The
Friends of the Library
SC Strong
South Carolina
Cliff
Sen
the Carpet Shop Flooring America
Augusta, GA
Aiken, SC
Elem S
Carpetshop
United Inches