Steven Church | The Seattle Times

FILE – In this Nov. 27, 2013, file photo, a customer checks in at a Hertz car rental counter at Hartsfield–Jackson Atlanta International Airport, in Atlanta. Hertz cuts revenue guidance as pricing pressure lingers into 2016. The car rental company said industry capacity will likely moderate as season demand improves with the approaching peak summer season. (AP Photo/David Goldman, File) NY107

October 7, 2020 at 9:20 am

Hertz drops executive pay plan that judge called offensive

Hertz Global Holdings dropped its plan to hand out as much as $5.4 million in executive incentive bonuses this year after the judge overseeing the...

Business

Retsu Ikeda examines the selection of wrapping paper at Papyrus, a specialty store in downtown San Francisco, California on Thursday, December 21, 2000. Peter Appert, an analyst for Deutsche Banc Alex Brown in San Francisco has been forecasting holiday sales by analyzing the sales of wrapping paper. Appert says that this year gift-wrap sales are the weakest they’ve been in five years, and that would imply, not surprisingly that retail sales would be down as well. Photographer: Noah Berger. Bloomberg News. 12/21/00

January 23, 2020 at 12:22 pm

Papyrus, seller of ‘curated greeting cards,’ to liquidate chain and close all stores

The Papyrus chain of stores selling art-inspired gift cards and fancy paper products will shut down after failing to find a buyer to rescue the...

Business

The Gibson Brands G Force Automatic Tuning System is seen on a Gibson Les Paul guitar at the 2017 Consumer Electronics Show in Las Vegas on Jan. 6, 2017. MUST CREDIT: David Paul Morris/Bloomberg

October 3, 2018 at 6:50 am

Gibson guitar fans at KKR leading rock music icon out of bankruptcy

A former rock star has been instrumental in a months-long legal battle that ultimately gave control of the 124-year-old guitar maker to KKR and other...

Business

February 25, 2016 at 3:50 pm

Republic Airways files for bankruptcy protection

The first large U.S. airline bankruptcy since American Airlines filed in 2011 comes at a time when major carriers have been reporting record profits for...

Business

February 8, 2011 at 10:00 pm

WaMu investors can question hedge funds on insider-trading claims

Washington Mutual Inc. shareholders won a judge's permission to question hedge funds about allegations they used confidential information to trade in the bankrupt company's securities.

Business

February 1, 2011 at 5:31 pm

Deadline passes for approval of WaMu deal

Washington Mutual Inc., former parent of the biggest U.S. bank to fail, missed the deadline for approval of its bankruptcy plan, making a related, $10...

Business

January 7, 2011 at 10:00 pm

Judge rejects WaMu bankruptcy-exit plan

The judge listed a variety of deficiencies in the proposal that must be corrected before she could approve the document, which will distribute an estimated...

Business

August 24, 2010 at 8:00 pm

WaMu Inc. ordered to face trial over investor lawsuit

Before Washington Mutual Inc. can end its bankruptcy, the former owner of the biggest U.S. bank to fail must face a trial over who owns...

Business

July 20, 2010 at 4:53 pm

Court orders examiner to look into Washington Mutual assets

Shareholders of Washington Mutual Inc. (WMI) won court approval of a new investigation of the biggest U.S. bank failure, further delaying the company's effort to...

Business

June 17, 2010 at 10:00 pm

WaMu in talks with shareholders over bankruptcy plan

Washington Mutual put off a courtroom showdown with shareholders as the two sides discuss making changes to the company's reorganization plan.

Business