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  • Singer Dionne Warwick is pictured after receiving the Lifetime Achievement Award at the 2012 MOBO Awards in Liverpool, England, on Saturday, Nov. 3, 2012. (Joel Ryan/Invision/AP)

    Dionne Warwick: Songstress files for bankruptcy in N.J.

    Singer Dionne Warwick claims in a recent bankruptcy filing that she owes nearly $10 million in back taxes and her monthly expenses exceed $20,000.

  • Solar firm reportedly was aware of defects

    Abound Solar, propped up by tens of millions of dollars in federal loans that remain unpaid, acknowledged defects in the solar panels it was selling before the Colorado company went bankrupt, according to a customer.

  • "Technology produced by A123 and funded by U.S. taxpayers should not simply be shipped off to China so that the military applications" can be reproduced abroad, said Sen. Chuck Grassley. (Associated Press)

    Foreign bids called critical to A123 sale

    The prospect of Massachusetts-based high-tech battery-maker A123 Systems landing in the hands of a Chinese competitor has angered some lawmakers, but a group of highly paid lawyers — including a former Senate staffer who earned more than $1,000 per-hour — kept the sale from falling apart amid mounting criticism on Capitol Hill.

  • Jason Forcier (right), vice president and general manager of A123 Systems Inc., shows off a lithium-ion battery at a plant in Romulus, Mich., in 2011 to (from left) A123 President and CEO David Vieau, Rep. John D. Dingell, Michigan Democrat, and Energy Secretary Steven Chu. Now in bankruptcy, the pending sale of A123 to a China-based company has vendors and stockholders trying to recoup some of they money they have lost. (Associated Press)

    Lobbyists work both sides on A123 sale

    Lobbyists are swarming on both sides of the pending sale of a U.S. battery-maker backed by more than $100 million in federal grants that soon could be in the hands of a Chinese competitor.

  • DOJ official wants trustee in Mass. pharmacy case

    An independent trustee must be appointed to oversee the bankruptcy of a Massachusetts pharmacy linked to a meningitis outbreak because of the firm's "gross mismanagement," among other reasons, a Justice Department official argued Tuesday.

  • ** FILE ** An A123 Systems Inc. logo is shown in Livonia, Mich., in 2009. (Associated Press)

    Creditors want help with A123 sale to Chinese

    Creditors of a bankrupt U.S. battery maker that went broke after winning a multimillion-dollar federal grant want permission to hire a lobbying firm to keep the proposed sale of the company to a Chinese competitor on track.

  • Mass. firm in meningitis case eyes bankruptcy help

    A pharmacy connected to a deadly nationwide meningitis outbreak filed for bankruptcy protection on Friday and said it was seeking to set up a fund to pay victims.

  • Economy Briefs: Hasbro says gender-neutral Easy-Bake on the way

    Hasbro says it soon will reveal a gender-neutral Easy-Bake Oven after meeting with a New Jersey girl who started a campaign calling on the toymaker to create one that appeals to all children.

  • ** FILE ** An A123 Systems Inc. logo is shown in Livonia, Mich., in 2009. (Associated Press)

    Failed bidder for battery maker A123 appeals decision to sell to Chinese company

    An American company that lost out in its bid for the assets of a failed, federally backed battery maker is appealing a judge's decision last week selling the company to a Chinese competitor.

  • **FILE** An A123 Systems Inc. logo is shown in Livonia, Mich., on Aug. 6, 2009. (Associated Press)

    Chinese firm gets OK to buy A123’s assets

    A judge approved a deal Tuesday for a Chinese company to buy the assets of a bankrupt U.S. battery maker that won a quarter-billion-dollar grant from the federal government just three years ago.

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