Borders Holding Up Payments – Again

January 31, 2011

The struggling Borders chain is putting off sending payments due to suppliers in an effort to “maintain liquidity” while it seeks to restructure its debt.

Recent News

Waffle House Workers Strike for Fair Pay and Better Working Conditions

Waffle House workers in Conyers, Georgia, are now on their third day of striking over what they call the company’s unfair policies. Led by the Union of Southern Service Workers (USSW), Waffle House employees are demanding an end to the mandatory “meal credit” deductions from their paychecks, along with better wages and improved working conditions.