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Advanta has filed for bankruptcy

Advanta has filed for bankruptcy

Advanta Corp is a company that offers small businesses credit cards in the United States. Yesterday the lender filed for bankruptcy protection. The company, in its filing with the U.S. Bankruptcy Court for the Deleware District, listed assets of $363 million and debts totaling $331 …

Harley is also facing financial hardships

Harley-Davidson is also facing economic hardships. The company is having to take measures to insure its viability. Harley annouced that it will be cutting 1,500 jobs over the next two years and consolidate factories.
“As you know, 2008 was a challenging year,” said James Ziemer, who …