Energy Futures, which declared Chapter 11 bankruptcy in April, has said that it is stopping its restructuring or reorganization and auctioning its stake in Oncor. Oncor is a power transmission unit of Energy Futures that has remained profitable. Spin Off The main thrust of Future Energy’s restricting plan will be the spinoff of its unprofitable units. However, the company also plans to auction its profitable Oncor unit in order to pay its credito...
Homeowners who bought their house using "teaser loans" (highly discounted initial payments), or by paying a down payment less than 15% of the cost price or other traditional loans that allow minimal down payment, are the ones...
McDonald's is in even worse shape than we realized.
Profits are crumbling, sales are shrinking and guest traffic is declining all around the world.
Consumers are defecting for healthier and fresher options like Chipotle, the burrito chain that McDonal...
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