http://www.physorg.com/ en-us Physorg.com internet news portal provides the latest news on science including: Physics, Nanotechnology, Life Sciences, Space Science, Earth Science, Environment, Health and Medicine. (AP) --Howard Stern is threatening to leave Sirius XM Radio Inc. now that the shock jock and the satellite radio provider are getting set to enter contract talks in 2010. http://www.physorg.com/news180638046.html Technology Mon, 21 Dec 2009 17:15:12 EST news180638046 The effectiveness of the existing bankruptcy code has long been a source of vigorous debate. More and more lately, high-profile firms like General Motors, Enron, and K-Mart are seeking protection from creditors through Chapter 11 filings. But are these firms really getting the "fresh start" they need? In a recent edition of Financial Management, researchers Randall Heron, Erik Lie, and Kimberly Rodgers argue that the Chapter 11 process is flawed and fails to offer the clean slate needed to establish new capital structure. http://www.physorg.com/news178810031.html Other Sciences Mon, 30 Nov 2009 13:50:01 EST news178810031 US newspaper advertising revenue fell by nearly 28 percent in the third quarter, continuing a slide which has led to layoffs, bankruptcies and the closure of several dailies. http://www.physorg.com/news177953266.html Technology Fri, 20 Nov 2009 15:40:03 EST news177953266 Daily circulation figures for US newspapers released on Monday provided more bad news for an industry battling the flight of readers to the Web and battered by a steep decline in advertising revenue. http://www.physorg.com/news175796754.html Technology Mon, 26 Oct 2009 17:50:07 EST news175796754 (AP) -- Telecommunications services provider FairPoint Communications filed for Chapter 11 bankruptcy protection Monday after agreeing on a deal with key lenders that will help lower its debt by about 62 percent. http://www.physorg.com/news175767231.html Technology Mon, 26 Oct 2009 09:21:34 EST news175767231 (AP) -- Ciena Corp. is offering cash and stock worth $521 million to acquire some of Nortel's most-prized remaining business units as the fallen telecommunications company continues to liquidate. http://www.physorg.com/news174134296.html Technology Wed, 07 Oct 2009 11:39:06 EST news174134296 (AP) -- The Los Angeles Times and The Washington Post are breaking up their news service after 47 years, making it the latest casualty of the media upheaval driven by the array of alternative information and entertainment sources on the Internet. http://www.physorg.com/news173593927.html Technology Thu, 01 Oct 2009 05:50:01 EST news173593927 (AP) -- Simmons Co., the maker of Beautyrest mattresses, said Friday that it plans to file for Chapter 11 bankruptcy protection in a move that will put new owners in charge of the bedding unit and significantly lower the company's debt. http://www.physorg.com/news173096454.html Technology Fri, 25 Sep 2009 11:30:03 EST news173096454 Pirate Bay suitor Global Gaming Factory has been served with a bankruptcy petition, a Stockholm court official said on Friday, after a former board member filed a complaint over unpaid debts. http://www.physorg.com/news172493473.html Technology Fri, 18 Sep 2009 11:51:34 EST news172493473 (AP) -- Nortel Networks Inc. won approval Wednesday from judges in Delaware and Ontario for the $900 million sale of a Nortel unit that makes communications systems for businesses. http://www.physorg.com/news172344226.html Technology Wed, 16 Sep 2009 18:40:12 EST news172344226 (AP) -- A federal appeals court on Monday reversed a judge's decision that granted the copyright of the Unix computer operating system to Novell Inc. http://www.physorg.com/news170416443.html Technology Tue, 25 Aug 2009 10:54:30 EST news170416443 General Motors will launch a plug-in hybrid sport utility vehicle under the Buick brand in 2011, the automaker said Thursday. http://www.physorg.com/news168842357.html Technology Fri, 07 Aug 2009 05:39:49 EST news168842357 (AP) -- U.S. and Canadian courts have approved Swedish wireless company LM Ericsson's $1.13 billion bid to buy next-generation wireless technology and other assets from insolvent telecom equipment maker Nortel Networks Corp. http://www.physorg.com/news168024312.html Technology Tue, 28 Jul 2009 19:10:03 EST news168024312 Canadian telecom equipment maker Nortel said Monday it reached a deal to sell its enterprise solutions business to US-based Avaya for 475 million dollars pending approval of a bankruptcy court. http://www.physorg.com/news167321368.html Technology Mon, 20 Jul 2009 15:30:09 EST news167321368 (AP) -- As part of its turnaround plan, General Motors Corp. said Friday it plans to experiment with auctioning new cars on eBay, expanding on an existing partnership covering certified used vehicles on the online marketplace. http://www.physorg.com/news166470821.html Technology Fri, 10 Jul 2009 19:20:01 EST news166470821 (AP) -- London Olympic officials on Friday replaced bankrupt Canadian technology sponsor Nortel Networks with Cisco for the 2012 Games, a move that will cost organizers $19.4 million in revenue. http://www.physorg.com/news166449490.html Technology Fri, 10 Jul 2009 12:59:05 EST news166449490 (AP) -- More than a quarter million people are wondering what will happen to their fingerprints, Social Security numbers, home addresses and other personal information now that a company that sped them through airport security is out of business. http://www.physorg.com/news165296256.html Technology Sat, 27 Jun 2009 04:38:11 EST news165296256 What do high bankruptcy rates in states like Tennessee and Utah tell us about the people that live in those places? Not much, according to a new 50-state bankruptcy study published in the latest issue of the Journal of Law and Economics. http://www.physorg.com/news164914482.html Other Sciences Mon, 22 Jun 2009 18:35:04 EST news164914482 (AP) -- Nortel Networks, once a technology giant, has decided to sell itself off in pieces rather than attempt to emerge from bankruptcy as a restructured company. http://www.physorg.com/news164735322.html Technology Sat, 20 Jun 2009 16:49:39 EST news164735322 Medical problems contributed to nearly two-thirds (62.1 percent) of all bankruptcies in 2007, according to a study in the August issue of the American Journal of Medicine that will be published online Thursday. The data were collected prior to the current economic downturn and hence likely understate the current burden of financial suffering. Between 2001 and 2007, the proportion of all bankruptcies attributable to medical problems rose by 49.6 percent. The authors' previous 2001 findings have been widely cited by policy leaders, including President Obama. http://www.physorg.com/news163318959.html Medicine & Health Thu, 04 Jun 2009 07:23:39 EST news163318959 (AP) -- Charter Communications Inc. is suing DirecTV Group Inc. over advertisements that try to persuade subscribers to switch TV service by touting Charter's bankruptcy filing. http://www.physorg.com/news161363912.html Technology Tue, 12 May 2009 16:20:19 EST news161363912 In the face of rising unemployment and businesses declaring bankruptcy, a new study has found that losing your job can make you sick. Even when people find a new job quickly, there is an increased risk of developing a new health problem, such as hypertension, heart disease, heart attack, stroke or diabetes as a result of the job loss. The study will be published in the May 8 issue of Demography. http://www.physorg.com/news160985299.html Medicine & Health Fri, 08 May 2009 07:09:01 EST news160985299 The U.S. economy would be better served by letting failing firms file for bankruptcy rather than by bailing them out under presumptive federal policies that deem them to be "too big to fail," according to new research from Penn State's Smeal College of Business. http://www.physorg.com/news159803303.html Other Sciences Fri, 24 Apr 2009 14:49:20 EST news159803303 Bankrupt Polaroid Corp. has been bought by a pair of private equity firms after a judge threw out the acquisition of the iconic inventor of instant photography by another investor. http://www.physorg.com/news159199367.html Technology Fri, 17 Apr 2009 15:03:34 EST news159199367 (AP) -- Bernard Madoff is still making a market - at least his Citi Field seats are. http://www.physorg.com/news158686009.html Technology Sat, 11 Apr 2009 16:27:15 EST news158686009 (AP) -- Silicon Graphics Inc. will sell the remaining shreds of its fraying franchise to Rackable Systems Inc. for $25 million, punctuating the downfall of a former high-tech star that once dazzled investors and customers with the prowess of its fancy computers. http://www.physorg.com/news157815341.html Technology Wed, 01 Apr 2009 14:36:27 EST news157815341 The Sun-Times Media Group Inc., owner of the Chicago Sun-Times and other newspapers, filed for bankruptcy protection on Tuesday, the latest victim of the crisis gripping the US newspaper industry. http://www.physorg.com/news157729183.html Technology Tue, 31 Mar 2009 14:40:20 EST news157729183 (PhysOrg.com) -- Simple overspending has driven most personal bankruptcies in recent years, a change from previous decades when illness and unemployment were major factors, concludes a new study from the University of California, Davis, Graduate School of Management. http://www.physorg.com/news139237438.html Other Sciences Fri, 29 Aug 2008 14:03:58 EST news139237438 (PhysOrg.com) -- The rates of personal bankruptcies have declined among young people while soaring among older Americans, a new study shows. http://www.physorg.com/news136042127.html Other Sciences Wed, 23 Jul 2008 14:28:47 EST news136042127