Pie Chain Marie Callender's Files For Chap. 11 Bankruptcy
Owner Perkins & Marie Callender's Inc. cited tough competition, the weak economy and rising food costs for the primary reasons behind the filing.
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Owner Perkins & Marie Callender's Inc. cited tough competition, the weak economy and rising food costs for the primary reasons behind the filing.
Traditionally, home equity rises as a mortgage is paid off, but home values continue to plunge since the bubble burst in 2006.
At Bob Hope Airport in Burbank, the number of passengers arriving and departing dropped by just over 5 percent in April compared to the same period last year.
Employers were advertising fewer jobs in April compared to the previous month, which could signal even bleaker hopes that the U.S. job market is in recovery.
The weakened job market saw employers in May adding the fewest jobs in eight months, while the official unemployment rate inched up to 9.1 percent.
Fewer people applied for unemployment benefits last week, but applications remain stuck at high levels that signal weak job growth.
Retailers reported muted May revenue growth on Thursday as bad weather and worry over the rising cost of living held back shoppers' demand for spring and summer merchandise.
Skid Row resident Dadisi Komolafe points indignantly to the sign reading "Union Rescue Mission," and grumbles that the name no longer fits since the shelter started charging for a nightly stay.
Wall Street may be giving up on its hope for a robust economic recovery in the U.S. — with one trader warning of even rockier times ahead.
A record number of foreclosures are forcing prices down, and they are expected to keep falling through this year.
Stocks are mostly lower and bond yields are at a new low for the year after two reports dimmed hopes for the job market and the U.S. economy.
The recent pain at the pump is altering spending habits and forcing families to delay or cancel big-ticket purchases like vacations and household appliances.
Are you sick of emptying your wallet while filling up the tank? A new bipartisan study says you should blame the greenback.
An upbeat outlook for Southland businesses and international trade may mean a surge in hiring in the months ahead, according to one economist.
Over 200 municipal employees in the Orange County city could get pink slips in the next six months due to outsourcing.
The government said Friday that a bad economy has shortened the life of the trust funds that support Social Security and Medicare, the nation's two biggest benefit programs.
One official said the economy is making the spread of the disease worse due to an abundance of dirty swimming pools in abandoned homes.
While April saw the biggest hiring spree in five years, the unemployment rate ticked up to 9 percent.
An unexpected windfall in tax revenues likely won't be enough to sway Governor Jerry Brown to abandon his plan for tax increases
If you're want to know why the economy seems to be stuck in neutral, a new study says look no further than your local gas station.
The main reason: shoppers fear the high price tag for most hybrid and electric vehicles may be too high to offset the savings they can expect at the pump.
A monthly survey says concerns about jobs and inflation eased in April, pushing the Consumer Confidence Index above expectations.
A Republican-led group of California lawmakers and Lt. Gov. Gavin Newsom will head to Texas next week to hear from businesses that left the state.
a new study shows over three-fourths of the U.S. workforce is stressed out by at least one thing at their job, with anxiety even reaching the youngest working Americans.
