Hostess Dead Again as Talks Fail

Twinkies, Ho Hos and Wonder Bread are up for sale now that a bankruptcy judge cleared the way for Hostess Brands Inc. to fire its 18,500 workers and wind down its operations. A last-ditch effort to end a strike with Hostess' bakers union failed Tuesday night and Judge Robert Drain on Wednesday approved the company's request to shut down its business and sell the pieces to the highest bidder. Hostess lawyers told Drain that they needed to begin the liquidation process quickly to take...Full Story