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Hostess Mediation Fails; Liquidation Near

Hostess Brands Inc., the bankrupt maker of Twinkies, said Tuesday that mediation with the Bakery, Confectionary, Tobacco and Grain Millers Union had failed to reach agreement and it will seek to liquidate.
Black Friday 2012: Items To Ignore

Black Friday 2012: What Not To Buy

Every year Black Friday heralds the beginning of mega shopping deals that sees consumers waiting in long queues to win the best bargains. But not all offers come with the best deals, some offer propositions that are best saved for spring.
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US Sues KBR Over Iraq War Overcharges

The U.S. Justice Department said Monday it is suing KBR Inc., accusing it and a Kuwaiti subcontractor of improperly charging the government for delivering and installing trailers for troops in Iraq.
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Chinese Police Arrest 73 In Counterfeit Luxury-Bag Ring

Acting on intelligence gathered during a joint investigation by Chinese and U.S. law-enforcement authorities, Chinese police on Sunday arrested 73 people who are suspected of being involved in the counterfeit luxury-bag trade across national borders.

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