Upload

Loading...

Twinkies Not Dead; Hostess Agrees To Mediation | NewsBreaker | Ora TV

1,007

Loading...

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Nov 19, 2012

Host @DavidBegnaud delivers breaking news and today's trending buzz in 45 seconds.

ChicagoTribune.com:
WHITE PLAINS, N.Y., Nov 19 (Reuters) - Hostess Brands Inc
agreed in court on Monday to enter private mediation with its
lenders and leaders of a striking union to try to avert the
liquidation of the maker of Twinkies snack cakes and Wonder
Bread.

Hostess, its lenders and the Bakery, Confectionery, Tobacco
Workers and Grain Millers International Union (BCTGM), agreed to
go into mediation at the urging of Bankruptcy Judge Robert Drain
of the Southern District of New York, who urged mediation rather
than a more expensive, public hearing regarding the company's
liquidation.

"My desire to do this is prompted primarily by the potential
loss of over 18,000 jobs as well as my belief that there is a
possibility to resolve this matter," Drain said.

The 82-year-old Hostess is seeking permission to liquidate
its business, claiming that its operations had been crippled by
a bakers strike and that winding down operations is the best way
to preserve its dwindling cash.


~*!*~*!*~*!*~*!*~*!*~*!*~*!*~*!*~*!*~
SUBSCRIBE to Ora TV's YouTube Channel for more NewsBreaker videos
FACEBOOK: http://www.facebook.com/pages/NewsBre...
TWITTER: http://twitter.com/newsbreaker
TUMBLR: http://nboratv.tumblr.com/
STORIFY: http://storify.com/newsbreaker
CHECK OUT our homepage: http://www.ora.tv/newsbreaker

Loading...

Uploads from Ora TV

  1. 1106

    Lindsay Lohan 'Devastated' by 'Liz' Critics | Newsbreaker | OraTV

  2. 1107

    GRAPHIC: Mayor Executed | Newsbreaker | OraTV

  3. 1108

    Chris Brown Quits Twitter After Nasty Rant

  4. 1109

    ABC News Correspondent Jake Tapper Interview | Larry King Now | Ora TV

  5. 1110

    Casey Anthony "Bombshell" Jury Never Heard | Newsbreaker | OraTV

  6. 1111

    Caught On Tape: Police Shoot And Kill Restrained Dog | NewsBreaker | Ora TV

  7. 1112

    WOW: Hoops Player Scores 138 Points In Game | NewsBreaker | Ora TV

  8. 1113

    "He Wanted to Eat A Woman for Thanksgiving"

  9. 1114

    TV Anchor Team Quits on LIVE TV | NewsBreaker | Ora TV

  10. 1115

    Report: Boxing Legend Brain Dead | NewsBreaker | Ora TV

  11. 1116

    CAUGHT ON TAPE: Man Urinates on Cop Car | NewsBreaker | Ora TV

  12. 1117

    Danica Answers Awkward Question About Wedding Ring | NewsBreaker | Ora TV

  13. 1118

    BIG NEWS: Israel and Hamas Agree to Cease-fire

  14. 1119

    "Terrorist" Bombs Bus in Tel Aviv Israel | NewsBreaker | Ora TV

  15. 1120

    Anderson Cooper Burns Woman On Twitter | NewsBreaker | Ora TV

  16. 1121

    Mitt Romney Pumps His Own Gas | NewsBreaker | Ora TV

  17. 1122

    Girl Dies After School Bus Shooting | NewsBreaker | Ora TV

  18. 1123

    "Plot to Kill Americans" | NewsBreaker | Ora TV

  19. 1124

    "Elmo" Puppeteer Quits Amid New Sex Charges | NewsBreaker | Ora TV

  20. 1125

    Gaza-Israel Ceasefire Deal? | NewsBreaker | Ora TV

  21. Twinkies Not Dead; Hostess Agrees To Mediation | NewsBreaker | Ora TV

  22. 1127

    American Music Awards Winners | NewsBreaker | Ora TV

  23. 1128

    Oprah Tweets Love For Microsoft On Her iPad | NewsBreaker | Ora TV

  24. 1129

    Deadly Indianapolis Blast Was An "Intentional Act" | Newsbreaker | OraTV

  25. 1130

    Israel's Iron Dome Explained in 45 seconds | Newsbreaker | OraTV

  26. 1131

    Israeli Ceasefire Terms: BBC | Newsbreaker | OraTV

  27. 1132

    RAW VIDEO: Gulf Oil Platform Explosion Caught on Tape | Newsbreaker | OraTV

  28. 1133

    LIVE TV: Anderson Cooper Rocked by Bomb Blast | Newsbreaker | OraTV

  29. 1134

    Caught on Tape: Media Building Bombed | Newsbreaker | OraTV

  30. 1135

    Gov. Christie: I Am Not Answering Questions On Twinkies | NewsBreaker | Ora TV

  31. 1136

    Veterans Killed By Train During Parade | NewsBreaker | Ora TV

  32. 1137

    The $5,000 Twinkie | NewsBreaker | Ora TV

  33. 1138

    Coast Guard Responds to Oil Platform Explosion

  34. 1139

    Oil Rig Fire in Gulf of Mexico | Newsbreaker | OraTV

  35. 1140

    Jerusalem Under Fire | NewsBreaker | Ora TV

  36. 1141

    Danica Partrick Interview | Larry King Now | Ora TV

  37. 1142

    Israeli Ground War Imminent | NewsBreaker | Ora TV

  38. 1143

    Elmo Accuser "Outed" | NewsBreaker | Ora TV

  39. 1144

    Israel Prepping For Gaza Ground War | NewsBreaker | Ora TV

  40. 1145

    Israel Bombing Gaza | NewsBreaker | Ora TV

  41. 1146

    Spy Chief: I Screwed Up Terribly | NewsBreaker | Ora TV

  42. 1147

    Tel Aviv Under Attack: Rocket Fired From Gaza | NewsBreaker | Ora TV

  43. 1148

    Record Penalty For BP Over Gulf Oil Spill | NewsBreaker | Ora TV

  44. 1149

    Miranda Cosgrove Interview | Larry King Now | Ora TV

  45. 1150

    Sexiest Man Alive

  46. 1151

    Report: Woman Denied Abortion, Dies | NewsBreaker | Ora TV

  47. 1152

    Bieber Busted AGAIN

  48. 1153

    John McCain Flips out on Reporter | NewsBreaker | Ora TV

  49. 1154

    Nancy Pelosi Slams Reporter

  50. 1155

    Presidential Assassin Suspect Busted | NewsBreaker | Ora TV

  51. 1156

    Caught on Camera: Airstrike on Car | NewsBreaker | Ora TV

  52. 1157

    OMG CUTE: Baby Red Panda Tries To Catch Butterfly | NewsBreaker | Ora TV

  53. 1158

    Israel Assassinates Hamas Commander | Newsbreaker | OraTV

  54. 1159

    Simon Baker Interview | Larry King Now | Ora TV

  55. 1160

    VIRAL VIDEO: Bus Driver Fights High School Girl | NewsBreaker | Ora TV

  56. 1161

    Elmo Accuser RECANTS Sex Abuse Claim | NewsBreaker | Ora TV

  57. 1162

    Governor To GOP: Stop Being The Stupid Party | NewsBreaker | Ora TV

  58. 1163

    TV Station Runs Racy Cover Of Petraeus Biography | NewsBreaker | Ora TV

  59. 1164

    CIA Sex Circus Explained In 72 Seconds| NewsBreaker | Ora TV

  60. 1165

    Kate Walsh Interview | Larry King Now | Ora TV

  61. 1166

    Victoria's Secret: We're So Sorry For Her Outfit | Newsbreaker | OraTV

  62. 1167

    FBI Raids Paula Broadwell's Home | Newsbreaker | OraTV

  63. 1168

    People Beg White House To Let Their States Defect | NewsBreaker | Ora TV

  64. 1169

    Girl Shot By Taliban: UPDATE | Newsbreaker | OraTV

  65. 1170

    Family Dead from Poisioning | Newsbreaker | OraTV

  66. 1171

    Mastin Kipp On Obama's Win | 2012 Presidential Election | Ora 2012 With Larry King

  67. 1172

    Meet the Players of the Petraeus Sex Scandal | Newsbreaker | OraTv

  68. 1173

    Fewer People "Like" Mitt Romney | Newsbreaker | OraTV

  69. 1174

    Clash Statement On Sesame Street Sex Scandal | NewsBreaker | Ora TV

  70. 1175

    Sesame Street Sex Scandal | NewsBreaker | Ora TV

  71. 1176

    Lance Armstrong Quits Livestrong

  72. 1177

    Jimmy Kimmel Interview | Larry King Now | Ora TV

  73. 1178

    Walmart Workers Trash iPads

  74. 1179

    CIA Sex Scandal

  75. 1180

    HUGE Fire in NYC

  76. 1181

    Caught On Tape: "Murderer" Crashes Stolen Plane

  77. 1182

    CIA Dir. Petraeus Resigns Over Affair

  78. 1183

    Lakers Coach Mike Brown Fired

  79. 1184

    Election Day 2012 Wrap Up | Larry King Now | Ora 2012

  80. 1185

    Jonah Hill And Don Lemon In Twitter Feud | NewsBreaker | Ora TV

  81. 1186

    President Obama Cries | NewsBreaker | Ora TV

  82. 1187

    Seal Team 6 Members Punished | NewsBreaker | Ora TV

  83. 1188

    Pentagon: Iran Fires At U.S. Aircraft | NewsBreaker | Ora TV

  84. 1189

    NYC Mayor Imposes Gas Rationing | NewsBreaker | Ora TV

  85. 1190

    Gabby to Shooter: "Done Thinking About You" | NewsBreaker | Ora TV

  86. 1191

    Twitter Makes A Big Oops! | NewsBreaker | Ora TV

  87. 1192

    Nate Silver: I Told Ya So

  88. 1193

    Incredible Pictures from Nor'easter

  89. 1194

    Was Diane Sawyer Drunk on TV?

  90. 1195

    Gays, Pot, And Rape: Election 2012 | NewsBreaker | Ora TV

  91. 1196

    Major Earthquake Rocks Guatemala

  92. 1197

    Jeff Goldblum Interview | Larry King Now | OraTV

  93. 1198

    #Ora2012: Election Buzz on Social Media

  94. 1199

    @BarackObama Tweets Celebration

  95. 1200

    Record: 20 Million Tweets for Election | Newsbreaker | OraTV

  96. 1201

    Stacey Dash on Being a Black Republican in Hollywood | Newsbreaker | OraTV

  97. 1202

    #Ora2012: Dedicated Voters Wait Hours in the Cold

  98. 1203

    #Ora2012: Voters Tweeting Photos of Long Lines | Newsbreaker | OraTV

  99. 1204

    #Ora2012 Presidential Candidate Gary Johnson Reacts To Ohio | NewsBreaker | OraTV

Advertisement
Sign in to add this to Watch Later

Add to