Weak rates tip Overseas Shipholding into bankruptcy

(Reuters) – Debt-laden Overseas Shipholding Group Inc , the world’s No. 2 independent tanker operator by fleet size, filed for bankruptcy protection on Wednesday as questions about its financial statements shut it out of credit markets. The company has also … Continue reading


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Online installment loan lenders – Availing loan with convenient repayment

After you get stuck inside financial hardship subsequently you can use the benefit of installment financial loan to solve your current economic dilemma. This plan is the foremost resolution regarding currently income problems dilemma that come up inside life. Using … Continue reading


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Best same day loans online for the unexpected emergency during vacation

Do you ever believe that you would want best same day loans online whenever you are usually on vacation? If not, you’ll want to now begin to think about as unanticipated can occurs whenever even within the holidays. When you … Continue reading


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Battery maker A123 Systems files for bankruptcy

(Reuters) – A123 Systems, which had received a $249 million grant from the U.S. government, filed for Chapter 11 bankruptcy protection on Tuesday, giving Republicans fresh ammunition to attack the Obama administration’s subsidies for green energy. The filing came after … Continue reading


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Firm that won $249M federal grant files for bankruptcy

A123 Systems was supposed to become the leading home-grown supplier of lithium-ion batteries for automakers in the United States and around the world.


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