-
Already in bankruptcy protection, the company has also been dealing with a nationwide strike. It says it can't go on. So 18,500 jobs are being eliminated. And some iconic taste treats may soon be scarce.
-
Famous for processed treats like Twinkies, Hostess Brands says it will go into liquidation if striking bakers don't return to work Thursday. Analysts say the company's most iconic brands would likely be bought by other companies.
-
Twinkies maker Hostess Brands Inc., is again seeking protection from its creditors, blaming high debt and rising costs of labor and raw materials. Sales of Twinkies are down, despite its prime product placement in the 2009 film Zombieland.