Tag Archive for bankruptcy

OC Budget Battle Begins Today

Today, June 9, 2009, the Orange County Board of Supervisors is scheduled to begin hearings on the more than $5 billion county budget. With anticipated revenue sharply down and the state legislature looking at borrowing from local governments to cover…

Tribune Co. files for bankruptcy

NEW YORK (AP) — Media conglomerate Tribune has filed for bankruptcy protection. The owner of the Los Angeles Times, Chicago Tribune, KTLA and other propreties has filed forbankruptcy in Deleware today. According to reports, Tribune is more than $13 billion…