Oops, we just did. Anyway, their last day is today. The former mega-retailer, once a formidable force in electronics retail, just spent the last month and a half liquidating. They gave themselves until March 31, but finished early. So tonight, the lights go off for the last time on the retailer that wanted to be Best Buy, but wasn’t as good. source
The failure to obtain sufficient funding from the U.S. government or governments outside the United States may require us to shrink or terminate operations or seek reorganization for certain subsidiaries outside the United States.
General Motors • In a filing to the federal government regarding the health of their company. The company says it may have to go into bankruptcy to stay afloat, which, considering their size, would probably not be healthy for the economy at all. Michigan is screwed. • source