Court rules city is eligible to file Chapter 9 bankruptcy.
Hostess, the company that makes Twinkies and Wonder Bread, has asked a judge for permission to go out of business and lay off 18,500 employees.
Natura World's headquarters in Canada has moved into a new stage of
bankruptcy known as receivership ... Which Wichita Falls Chamber of
Commerce President Tim Chase says is equivalent to chapter seven
bankruptcy" in the States.