Surfing Brand Quiksilver Files For Chapter 11 Protection
The maker of sporting apparel and gear announced that it had entered into a plan to reduce its debt by more than $500 million.
Economy
Puerto Rico's Governor Announces Plan To Reduce $72 Billion Debt
Puerto Rico's governor has announced a plan to reduce the island's $72 billion debt and restore fiscal stability through cutting spending and increasing tax collections. But it also depends on help from Washington, D.C., and renegotiating debt terms with lenders. Unless there's action, Puerto Rico says it will run out of cash by June.
Everything You Wanted To Know About Jeb Bush's Tax Plan
Bush's tax plan tries to lower tax rates for some of the rich and for corporations, but also sticks it to hedge-fund managers and gives some relief to low-income earners.
Intel Ending Sponsorship Of Prestigious Science Contest For High School Students
Intel has been the corporate sponsor of the Science Talent Search since 1998. This year the company gave out more than $1 million in prize money.
New Season, But Same Problems For Liberty Street Market
Winston-Salem's Liberty Street Market is nearing its first anniversary, and city officials are hoping the second year won't be as rough as the first.
United Airlines CEO Jeff Smisek Resigns Amid Federal Investigation
The CEO and two other high ranking officials at United Airlines resigned Tuesday in the midst of an internal and federal investigation.
Amid A Shortage Of Welders, Some Prisons Offer Training
Baby boomers with the skill are retiring and not enough young people are replacing them. In Georgia, inmates are given access to heavy tools and blowtorches so they can get a welding certificate.
Jobs Report Says Technology Is Changing The Workforce Landscape
The North Carolina Justice Center has released its annual Labor Day employment analysis, renewing the debate about the quality vs. quantity of jobs being created.
Obama Orders Federal Contractors To Provide Paid Sick Leave
"This will give about 300,000 working Americans access to paid sick leave for the first time," President Obama said after signing an executive order.
Will The Fed Raise Rates, Or Keep The (Little) Economic Party Going?
Friday's decent but unspectacular jobs report didn't answer the question of whether the Fed is about to raise interest rates. But even if the Fed finally takes the plunge, it will do so very gradually.