A Twinkie shows off its creamy filling in this file photo from 2005. A snack-cake sales slump is one reason Hostess Brands is seeking protection from its creditors.
Credit Tim Boyle / Getty Images
Twinkies maker Hostess Brands Inc., is again seeking protection from its creditors, filing for Chapter 11 bankruptcy as the company tries to cope with high debt and rising costs of labor and raw materials.
Hostess, which also makes Ho Hos, Sno Balls, and Wonder Bread, is a privately held company based in Irving, Tex. It owes millions to suppliers and labor unions. The company has reportedly found some financing to keep it running during bankruptcy proceedings.
Between 1960 and 1976, the Dodge Dart was one of the best-selling cars in America, with its affordable price and rugged styling. More than 3.5 million Darts were sold.
Though the car was never known for being especially stylish or pretty, Chrysler is now reviving the name as the company continues its own revitalization. On Monday, it unveiled the new Dart at the 2012 North American Auto Show in Detroit.
Governor John Hickenlooper spoke at the Denver Metro Chamber's annual legislative business briefing Monday at the Colorado Capitol.
Credit Photo by Kirk Siegler
Governor John Hickenlooper told a crowd of business leaders at the state capitol Monday that the beleaguered state budget will likely be the source of the most heated debates in the upcoming legislative session. But speaking at the Denver Metro Chamber’s annual business policy briefing, the Democrat urged lawmakers to work together to create a better environment for business growth.
President Obama may have riled Republicans with his recess appointment of Richard Cordray to lead the Consumer Financial Protection Bureau, but there's bipartisan agreement on Mr. Cordray's qualifications. He served as Ohio's attorney general. Before that, he was Ohio state treasurer. For more, we're joined by our friend from the business world, New York Times op-ed columnist Joe Nocera. Joe, thanks for being with us.