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After years enduring lawsuits and other conflicts over plans to build almost 2,000 homes near the Placer County town of Penryn, SunCal Bickford Ranch LLC, has filed Chapter 11 bankruptcy. The giant Irvine land developer blamed the project's financial collapse on the implosion of the Wall Street investment bank, Lehman Brothers. "The Lehman Brothers bankruptcy has created a situation that stands ...
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An international aid agency will not give new health care funds to Zimbabwe to fight AIDS and other diseases until the country's central bank returns roughly $7 million of the group's donation, an agency official said Thursday. The Global Fund to Fight AIDS,...
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