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Business

  • Tech firm fined for paying workers $1.21 per hour
    A Silicon Valley company is paying more than $43,000 in back wages and penalties after labor regulators found eight employees imported from India were being treated like they were in an overseas sweat shop while they were working on a special
  • Zimmer Holdings Inc. reports third-quarter earnings
    Zimmer Holdings Inc. today reported third-quarter earnings of $166 million, or 96 cents per diluted common share, a 7 percent increase from the $154 million, or 90 cents a share, posted for the same three months of 2013.
  • Yahoo CEO defends strategy in face of criticism
      SAN FRANCISCO – Signaling her reign has reached a pivotal juncture, Yahoo CEO Marissa Mayer is trying to convince restless shareholders that the long-struggling Internet company is heading in the right direction.
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Bankruptcies

Following are recent filings for bankruptcy protection in northeast Indiana. The list includes all business bankruptcies, as well as personal bankruptcies in which liabilities exceed $100,000. Except where noted, the filings fall under Chapter 7 of federal bankruptcy laws, which usually leads to a liquidation of assets.

Bradley K. McAllister, 1614 W. Goldspur Drive, Fort Wayne. Chapter 13. Debt: $283,122. Assets: $135,875.

Shawn Jeffrey and Sarah Michelle Rogers, 2512 Vance Ave., Fort Wayne. Debt: $132,100. Assets: $86,135.

Kathy Renee Carter, 3728 Reed St., Fort Wayne. Debt: $185,346. Assets: $3,905.

Joseph Paul Dennis, 5606 Webster St., Fort Wayne. Debt: $137,138. Assets: $65,275.

Cody Alan and Amber Lynn Boyd, Pleasant Lake. Debt: $190,799. Assets: $132,657.

John Paul and Deanna Marie Schiefelbein, South Whitley. Debt: $147,155. Assets: $16,200.

Richard H. and Sharon R. Elzey, Decatur. Debt: $118,663.81. Assets: $152,855.62.

Joshua Jay Shultz, 5417 Trier Road, Fort Wayne. Debt: $103,726. Assets: $123,435.

Justus P. and Julie A. Bennett, Columbia City. Debt: $125,788.83. Assets: $11,550.

Angelique Louise Soulier, 2219 Lima Valley Drive, Fort Wayne. Debt: $119,586.02. Assets: $116,300.

Cheryl Lynn Long, Angola. Chapter 13. Debt: $196,830. Assets: $221,160.

Dianna Renea Huffman, Poneto. Debt: $123,486.94. Assets: $118,048.

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