Car Review: Nissan Pathfinder takes a new road









To see the evolution of the SUV market, park the all-new 2013 Nissan Pathfinder next to its first-generation ancestor from 1985. They share nothing but a name tag.

That's hardly unique to Nissan Motor Co. When sport utility vehicles started crowding mall parking lots in the mid-1980s, they were little more than rear-wheel-drive truck frames with a square box strapped to their backs. Capable and rugged, they offered little comfort or efficiency. Three decades later, most SUVs are essentially station wagons with a hormone problem. Nearly all share a platform with a front-wheel-drive sedan. Fuel efficiency and comfort must now be balanced with practicality, towing capacity and value.

Some find this balance better than others. The 2013 Pathfinder finds it better than most.

Much bigger than its predecessor, the new Pathfinder now comfortably seats seven adults in three rows of seats. To do this, Nissan stretched the Pathfinder's length by 5 inches and its width by more than 4 inches.

That cleared out 7 more inches of legroom in the middle row. But that gain comes with an asterisk: It's measured with the middle seat adjusted all the way back, at the expense of back-row passengers. Third row passengers get 2 more inches of legroom, and both the middle and rear seats fold flat for cargo. Overall, the Pathfinder's interior is more than 8 cubic feet larger.

This Nissan's bigger insides mean it's bigger on the outside too, so be prepared to steer a lot of vehicle. The Pathfinder's girth gives it the turning radius of your average battleship. Speed-sensitive steering helps, but the Pathfinder still feels big.

It also looks big. More curves and softer lines can't mask this Nissan's newfound width. Adding to its visual mass are large, angled headlights. Their lines then flow into a trapezoid grille trimmed with thick chrome bars. Meanwhile, the front bumper juts forward, giving the Pathfinder a bit of a snout. The upscale Pathfinder Platinum I tested added additional bits of chrome around the exterior and 20-inch alloy wheels.

Fortunately my $39,995 tester also came standard with a feature borrowed from several Infiniti vehicles called Around View. While you park, the view from a camera on each side of the Pathfinder is stitched together on the navigation screen to form a bird's-eye view of the entire vehicle. It's awesome; expect plenty of Nissan dealers to earn their holiday bonus selling customers on this feature.

But the Pathfinder's growth has little effect on its weight. The previous Pathfinder used a heavier body-on-frame setup like that of a pickup truck. Bowing to the aforementioned trend for SUVs, the 2013 model now uses the same unibody construction found on competitors such as the Dodge Durango, Ford Explorer, Mazda CX-9 and Toyota Highlander. It also shares a front-wheel-drive crossover platform with its mechanical twin, the Infiniti JX, and Nissan's smaller Murano. The switch from the prior Pathfinder's setup means ground clearance on the 2013 model drops by more than 2 inches, so if you are finding paths, make sure they're at least gravel.

The switch helps shed several hundred pounds and gives the Pathfinder class-leading fuel economy. The two-wheel-drive model I tested is rated at 20 mpg in the city and 26 on the highway, gains of 5 mpg and 4 mpg, respectively. During 350 miles of more city than highway driving, I averaged 19 mpg on regular-grade gas.

A new and more fuel-efficient transmission also reduces thirst. Nissan has been busy dropping a continuously variable transmission — the kind with no fixed gears — into recent models such as the mid-size Altima and compact Sentra sedans and the Quest minivan. So it should come as no surprise that a CVT is the only option on the Pathfinder.

It's paired with a single engine option as well: a 3.5-liter V-6 that Nissan borrowed from its Altima makes 260 horsepower and 240 pound-feet of torque. On paper, these figures put the Pathfinder toward the bottom of its class for six-cylinder engines. But on the road, this SUV does not lack for power. Both the engine and transmission do their jobs without drama, leaving all seven passengers to enjoy not being squished together in the quiet, comfortable cabin.

Spring for the Platinum model and your charges will also get to enjoy amenities pulled right out of the Pathfinder's upscale cousin, the Infiniti JX. My test vehicle came with items including leather seats, heated and cooled up front, a touch-screen navigation system with traffic updates, a 13-speaker Bose sound system, power liftgate, Bluetooth streaming audio and the aforementioned Around View monitor.

The only other options offered are the $2,300 premium package — dual moon roofs and a rear-seat entertainment system with dual DVD screens — and all-wheel-drive, for $1,600. The base Pathfinder starts at $29,095 and comes with a 4-inch color trip computer, push-button start, three-zone climate control, six-speaker sound system with a six-disc CD changer and steering wheel-mounted controls.

All models include safety features such as anti-lock brakes, six air bags, traction control and the LATCH system for child seats.

Rather than stand out in one or two areas while compromising performance in others, the 2013 Pathfinder does nearly everything well. Nissan realized that most SUV buyers will be finding paths much less often than they'll be finding parking, and has adjusted this vehicle's ethos accordingly. It's not the Pathfinder of yore, and that's just fine.

david.undercoffler@latimes.com



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LAPD plans major presence for Black Friday









Black Friday is a day for burning off those Thanksgiving calories with some intense Christmas shopping. But for the Los Angeles Police Department, it's become a day of surveillance, crowd control and crime-suppression tactics.


Helicopters will buzz above some shopping centers, and below, a cavalry of LAPD officers will patrol on bikes and horses. From store rooftops, officers will scan the crowds below looking for unruly behavior. Electronic signs near stores will warn customers about becoming victims of theft as they navigate the mass of humanity looking for bargains.


The deployments are part of a new strategy by the LAPD to deal with the retail roller derby that comes after Thanksgiving. In addition to stationing officers around shopping centers, the LAPD has been visiting stores across the city this week, talking to managers about the psychology of the frantic shopper.





Officials said the push was prompted by a series of incidents at Black Friday sales, notably one last year at a Porter Ranch Wal-Mart in which two dozen people were injured when a woman unleashed pepper spray during a frantic battle for some discounted video games.


LAPD Cmdr. Andy Smith said he hopes people will behave. But "like Chief [Charlie] Beck says, we are not in the optimism business."


The LAPD would not say exactly how many officers it will deploy Friday, but the number is expected to be considerable. In the Valley division, for example, officials have put together detailed tactical plans for each major shopping center, using mobile command posts and both officers and cadets.


"For some people, shopping is a competitive sport," Smith said. "But it should not be a contact sport."


Even some big retailers — which for years fueled the shopping frenzy with aggressive marketing and deep discounts — are trying to rein in some of the excitement they create this year.


Fernando Reyes, manager of the Wal-Mart in Porter Ranch where the pepper spray incident occurred, said his main goal is to avoid a repeat of the chaos. He has met with the LAPD and plans new crowd-control strategies, including setting up special check-out lines for some sales items.


The store also plans to give out vouchers to shoppers for "door buster" merchandise to avoid people jockeying for the limited supplies. If a customer did not get such a voucher, Reyes said there should be a "reasonable expectation" that they won't get the sales item.


The LAPD has talked to other retailers about creating "time-specific entry passes" that would stagger the number of shoppers who are inside the store at any given time. In a flier the department is handing out to store managers, officials note that "this process has been very successful at many of the major theme parks and can help to ensure organized, safe entry into your business."


The LAPD has also suggested that retailers avoid stacking sales items on pallets "to mitigate crowd aggression."


Despite all the headlines, Black Friday misbehavior is still relatively rare. Police report a scattering of brawls, assaults and various larcenies each year. But it's the headlines that people remember. A few years ago, gunfire erupted in a crowded Palm Desert Toys R Us, killing two people. Four years ago, a Long Island, N.Y., Wal-Mart employee was trampled to death by a crush of customers who toppled large glass doors.


Aimee Drolet Rossi, a consumer psychologist at UCLA's Anderson School of Management, said it should not be surprising that some people act out on Black Friday. Research on rats and monkeys has shown that they become more aggressive when placed in a crowded situation, and Rossi said humans are no different.


"Crowding leads people to behave less altruistically, in part because people's sense of responsibility lags when a lot of other people are around," she said. "People assume that other people will step up to help someone who is in distress."


She also said research shows that people are less likely to make eye contact with people in crowded situations, and this can cause them to make bad decisions.


Retailers bear some of the responsibility for what's happened, she said.


"They set up this environment that encourages this competitive shopping ...." Rossi said. "They offer only 10 TV sets at the ridiculously low price. It's really no surprise people get upset when they don't get one."


This year, some stores are actually opening on Thanksgiving Day, and people are already lined up.


Tony Juarez, a 30-year-old North Hollywood resident, has been camping outside the Porter Ranch Best Buy for a week. It's been an eight-year tradition for Juarez and his friends, who set up a makeshift campsite with portable chairs, blankets and a heater. A few feet away, other campers actually brought tents.


This year, Juarez is hoping to score some cut-priced TVs and laptops. A few years ago, he got a $200 Toshiba laptop and is still crowing about the bargain.


He was at the Best Buy when the pepper spray incident occurred at the Wal-Mart next door. He watched, stunned, as a stampede of shoppers streamed out of the store and scores of police arrived.


This year, he's definitely noticed more police presence at the shopping center, and that has been comforting.


"We are seeing an LAPD car every five minutes. It's definitely safer," he said.


But more police isn't enough for South L.A. resident Lynnette Jordan, who plans to stay away from the Baldwin Hills Crenshaw mall on Friday.


"You are still going to deal with folks basically fighting to get into the door to get the item they so desperately want," Jordan said. "No matter what, some people will act the fool because that's what they do."


andrew.blankstein@latimes.com


hector.becerra@latimes.com





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6 actually useful smartphone apps to get you through Black Friday
















Gracefully navigate the shopping madness by doing a little prep work on your iPhone or Android before you leave the house


Ah, the holidays! Big-box stores compete with online behemoths for customers, while customers compete with each other to get the best Black Friday savings. And, in a new digital twist, Black-Friday-focused apps are competing with one another for downloads. Developers are creating all sorts of helpful ways for customers to sniff out bargains, track spending, and manage their nephew’s wish list. Now that The Week has advised you on Black Friday “deals” to avoid, here’s a rundown of some of the more helpful apps out there: 













Black Friday by BradsDeals
The folks behind BradsDeals.com, a site known for tracking down coupons and discounts, put together this helpful Black Friday app that shows you all the leaked ads and discounted items from 100 major retailers like Sears, Kohls, and Macy’s. Who needs a newspaper? (iPhone-only)


Black Friday Deal Finder by Fat Wallet
Search for deals using variables like free shipping, doorbusters, online availability, rebates, and more. Useful for planning but also recommended for any quick-witted shopper who wants to do in-store product comparisons. (iPhone-only)


Black Friday app from DealNews
Both PC World and PC Magazine voted DealNews tops in its category thanks to its exhaustive, well-organized catalog. Like the other apps, this one lets you browse “leaked” and “confirmed” ads from major retailers so you can plot out your plan of attack beforehand. (iPhone, Android)


ShopSavvy Barcode Scanner
Use your phone’s camera to scan products for instant price comparisons — no need to painstakingly input your search queries while angry shoppers slam you with their carts. If there’s a better deal around you or online, this app will let you know. (iPhone, Android)


Wunderlist
Was it your nephew Charlie who wanted the new Call of Duty game? Or was that your boss’ son Jimmy? Instead of checking your list twice, try WunderList, a super-simple task management tool that syncs lists on your desktop, iPhone, and more. (iPhone, Android) 


Mint.com Personal Finance
The whirlwind holiday shopping season can make it difficult to keep your finances in check. One solution: Mint, a virtual-money manager that automatically keeps tabs on your bank and credit card accounts to help you master your budget with a friendly, easy-to-use interface. Best of all, it’s useful well after January rolls around; no wonder TIME Magazine named it one of the 50 best iPhone apps out there. (iPhone, Android)



SEE ALSO: Get rich quick: 6 people who accidentally found a fortune


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Ex-'Price is Right' model gets $7.7M in damages

LOS ANGELES (AP) — A jury has awarded a former model on "The Price is Right" more than $7.7 million in punitive damages after determining the show discriminated against her because of her pregnancy.

The decision Wednesday came one day after the panel determined producers discriminated against Brandi Cochran. They awarded her nearly $777,000 in actual damages.

The show's producers, FremantleMedia North America and The Price is Right Productions, vow to appeal the verdict and say they expect to be vindicated.

Cochran said she was rejected by the game show's producers when she tried to return from maternity leave in 2010.

Producers said they were satisfied with the five models they had when the 41-year-old sought to return.

Cochran says she is humbled by the award and hopes it raises issues of pregnancy discrimination in all workplaces.

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Well: Officials Warn Against Baby Sleep Positioners

Health officials are warning parents not to use a special device designed to help keep babies in certain positions as they sleep. The device, called a sleep positioner, has been linked to at least 13 deaths in the last 15 years, officials with two federal agencies said on Wednesday.

“We urge parents and caregivers to take our warning seriously and stop using these sleep positioners,” Inez Tenenbaum, the chairman of the Consumer Product Safety Commission, said in a statement.

The sleep positioner devices come primarily in two forms. One is a flat mat with soft bolsters on each side. The other, known as a wedge-style positioner, looks very similar but has an incline, keeping a child in a very slight upright position.

Makers of the devices claim that by keeping infants in a specific position as they sleep, they can prevent several conditions, including acid reflux and flat head syndrome, a deformation caused by pressure on one part of the skull. Many are also marketed to parents as a way to help reduce a child’s risk of sudden infant death syndrome, or SIDS, which kills thousands of babies every year, most between the ages of 2 months and 4 months.

But the devices have never been shown in studies to prevent SIDS, and they may actually raise the likelihood of sudden infant death, officials say. One of the leading risk factors for sudden infant death is placing a baby on his or her stomach at bedtime, and health officials have routinely warned parents to lay babies on their backs. They even initiated a “Back to Sleep” campaign in the 1990s, which led to a sharp reduction in sudden infant deaths.

With the positioner devices, if an infant rolls onto the stomach, the child’s mouth and nose can press up against a bolster or some other part of the device, leading to suffocation. Even if placed on the back, a child can move up or down in the positioner, “entrapping its face against a bolster or becoming trapped between the positioner and the crib side,” Gail Gantt, a nurse consultant with the Food and Drug Administration, said in an e-mail. Or the child might scoot down the wedge in a way that causes the child’s mouth and nose to press into the device.

“The baby’s movement may also cause the positioner to flip on top of the baby, trapping the baby underneath the positioner or between the positioner and the side of the crib,” she said.

Of the 13 babies known to have suffocated in a sleep positioner since 1997, most died after they rolled from their sides onto their stomachs. The Consumer Product Safety Commission has also received dozens of reports of babies who were placed on their sides or backs, “only to be found later in hazardous positions within or next to the product,” the F.D.A. said in a statement.

Many baby books for new parents specifically urge against using sleep positioners, and the American Academy of Pediatrics does not support their use for SIDS prevention. Though the F.D.A. has never approved the positioners for the prevention of SIDS, it has in the past approved a number of the devices for the prevention of gastroesophageal reflux disease and flat head syndrome. But the agency said that in light of the new safety data, it believed any benefits from using the devices were outweighed by the risk of suffocation.

As of Wednesday, the agency is explicitly advising parents to stop using sleep positioners, and it has asked manufacturers of the devices to submit clinical data showing that the benefits of their products outweigh the risk of serious harm. In addition to avoiding the devices, experts say, parents should keep things like pillows, comforters, quilts and bumpers away from their infants and their cribs. Soft bedding can increase the likelihood of a baby suffocating.

“The safest crib is a bare crib,” Dr. Susan Cummins, a pediatric expect with the F.D.A., said in a statement. “Always put your baby on his or her back to sleep. An easy way to remember this is to follow the ABC’s of safe sleep – Alone on the Back in a bare Crib.”

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Unions, buoyed by election results, are taking a stand









They're fed up and they're not going to take it anymore.


That's the case for thousands of employees across the country who are striking and walking out of jobs rather than accept changes to their pay and benefits. It might be a shot in the arm for a labor movement that had been left for dead but saw big gains in the November election as voters elected pro-labor candidates.


The number of union-related work stoppages involving more than 1,000 workers, which reached an all-time low of just five in 2009, rose to 13 this year as of October. And unions aren't done yet.





Nurses are striking this week at hospitals operated by Sutter Health in California; workers voted against concessions at Hostess Brands Inc., forcing the company's hand; pilots at American Airlines are wreaking havoc on the airline's schedule as it tries to cut pension and other benefits.


"There's a lot of agitating going on," said Julius Getman, a labor expert at the University of Texas. "People are unhappy. They feel that they're not being well-treated. There is a swelling of annoyance at the rich."


Quiz: How much do you know about the 'fiscal cliff'?


This week, labor faces a pivotal test of just how strong this movement is, with a group called Our Walmart asking associates to strike at stores across the country during the retailer's busiest days of the year.


The group says it is protesting Wal-Mart Stores Inc.'s retaliation against workers who seek to unionize. It wants to get the corporation to sit down with the group and listen to workers' complaints.


"There comes a time when you have to stand up and you have to fix what is broke, and Wal-Mart is broken," said Evelyn Cruz, 41, who works at a Wal-Mart in Pico Rivera and walked off the job there Tuesday.


Cruz says that the company has cut staff so that her department has half the number of people it once did, and that Wal-Mart gives poor shifts or fewer hours to the people who complain. She was one of a handful of workers who participated in the first strike in the company's history in October.


Wal-Mart, for its part, says that it does not expect the protests to disrupt business, and that most of its employees are happy at their jobs.


"The fact is, our pay and benefits plans are as good or better than our retail competitors, including those that are unionized," Wal-Mart spokeswoman Kory Lundberg said in an email.


The Bentonville, Ark., retail titan last week filed an unfair labor practice complaint with the National Labor Relations Board, seeking an injunction to stop the protests.


That's unlikely to make a difference with the protests. Our Walmart filed a complaint in response Tuesday, accusing Wal-Mart of trying to deter workers from participating in the strikes.


Labor actions usually occur in clusters, and big turnouts on Friday could prompt others to take action, Getman said.


"If there really is turmoil at Wal-Mart on Friday, it will set in motion a lot of other protests," Getman said. "There will be a sense of, 'Well, they did it, why shouldn't we?'"


But even if the Wal-Mart protests fizzle, many workers elsewhere are frustrated about the benefits they've been asked to give up during the recession.


Nurses at Sutter hospitals, for instance, are being asked to give up paid sick days and health insurance for part-time workers, said Charles Idelson, a spokesman for the California Nurses Assn.


"There are employers who are seeking to exploit the current economic situation to try and push through deep cuts in workers' living standards," Idelson said.


As the economy improves and workers feel more secure in their jobs, they're often more willing to take action, said Nelson Lichtenstein, director of the Center for the Study of Work, Labor and Democracy at UC Santa Barbara.


"Insofar as there's an uptick in employment, workers can think, 'If I get fired, I can maybe find another job,'" he said.


Even if few of the strikes achieve their desired results, victories at the polls in November all but guaranteed labor will have some influence at the White House. Unions helped reelect President Obama and were also influential in the elections of Sens. Tammy Baldwin (D-Wis.) and Elizabeth Warren (D-Mass.).


AFL-CIO President Rich Trumka said earlier this month that he expected card check legislation, which makes it easier for companies' workforces to unionize, to be introduced in Congress in the next four years.


Although labor experts consider that unlikely, they say Obama could take up the issue of raising the minimum wage, or could issue an order requiring companies to rely less heavily on part-time workers.


The fact that they have the influence to do so, even in an era of declining union membership, indicates that things may finally be turning around for the labor movement, said Gary Chaison, an industrial relations professor at Clark University.


"The unions are taking a higher profile. They've become energized after the elections," he said. "The labor movement is starting to feel revived, but it knows it's not quite there yet."


alana.semuels@latimes.com





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Feds charge former hedge fund manager in big insider-trading case









WASHINGTON -- Federal prosecutors on Tuesday charged a former hedge fund portfolio manager with securities fraud in connection with what they said was the most lucrative insider-trading case ever prosecuted.


In complaints filed in New York, authorities said investment advisors and hedge funds made more than $276 million in illegal profits or avoided losses by trading before the announcement in 2008 of negative results from clinical trials for an Alzheimer's disease drug being developed by Elan Corp. and Wyeth.


Prosecutors charged Mathew Martoma, a former portfolio manager at CR Intrinsic, an unregistered investment adviser, with securities fraud for allegedly illegally using information about the clinical trial results that he obtained from a neurologist at a hospital involved in the testing.





The criminal complaint did not name the neurologist, which it said was a cooperating witness in the case.


The Securities and Exchange Commission filed a a related civil suit Tuesday against Martoma, CR Intrinsic and Dr. Sidney Gilman, a neurology professor at the University of Michigan Medical School. The SEC suit said Gilman was chairman of the safety monitoring committee overseeing the clinical trials of the Alzheimer's drug.


Martoma met Gilman some time between 2006 and 2008 through paid consultations, the SEC complaint says. "During these consultations, Gilman provided Martoma with material, nonpublic information about the ongoing trial," the SEC complaint said.


In mid-July 2008, "Gilman provided Martoma with the actual, detailed results of the clinical trial" before an official announcement on July 29, 2008, the SEC said.


The FBI, SEC and U.S. attorney's office in New York scheduled a 12:30 p.m. EST news conference to discuss the case.


"The charges unsealed today describe cheating coming and going – specifically, insider trading first on the long side, and then on the short side, on a scale that has no historical precedent," said Preet Bharara, U.S. attorney for Manhattan.  "As alleged, by cultivating and corrupting a doctor with access to secret drug data, Mathew Martoma and his hedge fund benefited from what might be the most lucrative inside tip of all time."


Follow Jim Puzzanghera on Twitter and Google+.


Also:


Senate moves insider trading bill to Obama's desk.


Baseball star Eddie Murray settles insider-trading investigation.


Former Goldman Sachs director Rajat Gupta guilty of insider trading.





http://articles.latimes.com/2012/aug/17/business/la-fi-sec-murray-20120818






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Ex-'Price is Right' model wins suit against show

LOS ANGELES (AP) — Jurors awarded nearly $777,000 Tuesday to a former "The Price is Right" model who claimed she was discriminated against by producers because of her pregnancy.

Brandi Cochran, 41, said she was rejected by the game show's producers when she tried to return to work in early 2010 after taking maternity leave.

The Superior Court jury determined her pregnancy was the reason she wasn't rehired and awarded Cochran $776,944 in the suit against producers FremantleMedia North America and The Price is Right Productions.

In their defense, producers said they were satisfied with the five models working on the show at the time Cochran sought to return.

A second phase of the trial will determine whether Cochran should be awarded punitive damages. Cochran's attorneys had asked for more than $8 million, City News Service reported.

Jurors began deliberations Thursday, telling Judge Kevin Brazile several times that they were deadlocked before reaching the verdict.

In a statement, FremantleMedia said it expects to be "fully vindicated" after an appeal, adding that it stands behind executive producer Mike Richards and the show's staff.

"We believe the verdict in this case was the result of a flawed process in which the court, among other things, refused to allow the jury to hear and consider that 40 percent of our models have been pregnant," and further "important" evidence, FremantleMedia said.

A call seeking comment from Cochran's attorney wasn't immediately returned Tuesday.

The verdict is a rare one for a program that has seen other lawsuits. Longtime host Bob Barker, who retired in 2007, was sued by some of the show's hostesses for sexual harassment and wrongful termination.

Most of the cases involving "Barker's Beauties" — the nickname given the gown-wearing women who presented prizes to contestants — ended with out-of-court settlements.

Comedian-actor Drew Carey followed Barker as the show's host.

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Global Update: Meningitis Vaccine Gets Longer Window Without Refrigeration





In what may prove to be a major advance for Africa’s “meningitis belt,” regulatory authorities have decided that a new meningitis vaccine could be stored without refrigeration for up to four days.




The announcement was made last week at a conference in Atlanta of the American Society of Tropical Medicine and Hygiene. While a few days may seem trivial, the hardest part of protecting poor countries is often keeping a vaccine cold while moving it from electrified cities to villages with no power. In antipolio drives, for example, the freezers, generators and fuel needed to make ice for the shoulder bags of vaccinators can cost more than the vaccine.


The new vaccine, MenAfriVac, made in India for 50 cents a dose, was introduced in 2010. In bad years, epidemics during the hot harmattan winds have killed as many as 25,000 Africans and disabled 50,000 more. In Chad this year, vaccination drove down cases to near zero in districts where it was used, while others nearby had serious outbreaks.


Experts decided that the vaccine is safe for four days as long as it stays below 104 degrees.


While temperatures get higher than that in Africa, said Dr. Godwin Enwere, medical director for the Meningitis Vaccine Project, teams normally get the vaccine out of coolers at dawn, drive to villages and finish before the day heats up. Other experts said it should be kept in the shade and monitored with colored paper “dots” that darken after hours in the heat.


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Hostess, union mediation fails; Twinkies return to chopping block









Looks like it’ll be a bake sale after all. Hostess Brands Inc. said Tuesday afternoon that mediation efforts with the Bakery, Confectionery, Tobacco and Grain Millers Union were about as successful as a Twinkie without the cream filling.


That means the pastry maker will return to bankruptcy court in White Plains, N.Y., on Wednesday morning to argue its case for liquidating and selling off its assets.


The company “will have no further comment” until then, it said.





[Updated: 4:35 p.m. Nov. 20: The failed talks will likely be devastating news to legions of Americans who stockpiled Ding Dongs and Ho Ho’s over the weekend -- after Hostess first said Friday that it was shutting down -- then rejoiced when the company agreed Monday to attempt a reconciliation with its union.


Far worse off, however: the more than 18,000 workers who will lose their jobs as Irving, Texas-based Hostess close its operations. The brand was powered by hundreds of distribution centers, bakeries and outlets spread around the country, including in Southern California.


The company blamed a strike by BCTGM union members for its decision to close; workers who walked off their jobs accused Hostess of boosting executive pay while plundering worker benefits and slashing wages.


The mediation, suggested by Judge Robert Drain, may have been doomed from the start, according to experts. A line of potential buyers has formed in the last few days, among them Hurst Capital and, according to reports, Flowers Foods, Sun Capital Partners and Bimbo Group.]


ALSO:


Hostess shutdown sparks grief, Twinkie runs, criticism


Hostess, maker of Twinkies, to go out of business; strike cited


Twinkies hope? Hostess puts off liquidation, agrees to mediation





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