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Work on new Steve & Barry's store in Moreno Valley proceeds (The Press-Enterprise)

Construction is moving forward on a new Steve & Barry's store at Moreno Valley Mall, despite reports this week that the New York-headquartered clothing retailer may soon seek a bankruptcy restructuring.

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Bankruptcy fears drive GM shares to 54-year low (Honolulu Advertiser)

NEW YORK — Shares of General Motors Corp. plunged yesterday to close below $10 for the first time in more than half a century, on worries about the company's cash needs and speculation about a possible bankruptcy protection filing down the road.

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GM stock below $10 for first time since '54; is bankruptcy possible? (Detroit Free Press)

NEW YORK -- Shares of General Motors Corp. plunged Wednesday to close below $10 for the first time in more than half a century, on worries about the company's cash needs and speculation about a possible bankruptcy protection filing down the road.

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HVAG: Exits Bankruptcy (Nasdaq)

High Velocity Alternative Energy, Inc. (HVAG) announced that on June 27, 2008, the United States Bankruptcy Court for the Southern District of New York has approved the Settlement Agreement between the Company and Highgate House Funds, Ltd., with a one time "lump sum" payment of $750,000, in full settlement of all amounts due and all claims by all parties against each other.

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Steve & Barry's works with bankruptcy firm (The Tennessean)

NEW YORK — A bankruptcy firm on Tuesday confirmed that it is working with apparel retailer Steve & Barry's LLC to negotiate with its lenders and review strategic alternatives.

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