Circuit City Goes Bankrupt, Files for Chapter 11 Protection

After closing 155 stores last week » 11/10/08 9:02am 11/10/08 9:02am, Circuit City has finally bitten the dust. The electronics store chain-with 721 stores in the US and 770 in Canada-has filed for Chapter 11 protection in the U.S. Bankruptcy Court in Richmond, Virginia, pressured by the recession and competition from Best Buy and Wal-Mart. However,…

Circuit City Closing 155 Midwest Stores Tomorrow, Source Confirms

We have got confirmation from a reliable source: Circuit City is closing 155 stores tomorrow » 11/03/08 1:26am 11/03/08 1:26am: "They are going to be midwest ones, which are underperforming right now. Liquidators will be taking control of these stores this Monday." He got more juicy details and his opinion on the possibility of Circuit City going…

IBM Sued After $1.4 Million Server Dumped on Floor by Forklift

IBM is being sued after one of its servers was damaged in transit. T.R. Systems, who was shipping the beast to its customer the U.S. Patent and Trademark Office, and who had to shell out for a replacement, claims that the computer giant did not package the $1.4 million behemoth correctly. Want to hear how it all… » 8/28/07 5:15pm 8/28/07 5:15pm