
Hostess Brands -- the maker of such iconic baked goods as Twinkies, Devil Dogs and Wonder Bread -- announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them. The closing will result in Hostess' nearly 18,500 workers losing their jobs as the company shuts 33 bakeries and 565 distribution centers nationwide. The bakers' union represents around 5,000. Hostess will move to sell its assets to the highest bidder. That could mean new life for some of its most popular products, which could be scooped up at auction and attached to products from other companies. [MyDriveFM.com]
New iMacs may be delayed until next year
The new iMacs may not be home for Christmas. Via AppleInsider, French blog MacBidouille reports that Apple’s new iMac all-in-one PC models will not be ready for sale by the holiday shopping season. The blog speculates that Apple is having supply-chain difficulties, as its manufacturers are struggling with an “advanced welding process.” The new iMacs are quite an impressive fete of engineering, with edges that measure in at just 5 millimeters thin despite having display sizes of 21.5 inches and 27 inches. In other words, it’s not surprising that they’re challenging to mass produce. [Boy Genius Report]
Fark.com
Wal-mart workers are planning the company's first ever walk-out. On Black Friday.
Guy Fieri says his new Times Square restaurant does not suck donkey sauce.









