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As Hostess Brand Inc. descended into economic ruin, executives at the company made sure to give themselves six-figure raises. The company filed paperwork to liquidate its assets late last week, and will attend a hearing in front of a bankruptcy judge in New York, Monday (Nov. 19), yet gave its big wigs up to 300 […]
Twinkies have fallen into a sugary financial runt that they may not be able to come back from. Hostess Brand Inc., the company behind the cream-filled treats filed a motion with the U.S. Bankruptcy Court in New York, Friday (Nov. 16) to get permission to shut down.