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CIT: Bankruptcy filing still a possibility

BY CSA STAFF

New York City CIT Group said in a regulatory filing Tuesday that it might have to file for bankruptcy protection if not enough bondholders participate in a recNew York Cityently launched debt exchange, according to the Associated Press.

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Whirlpool exec earns LEED AP certification

BY CSA STAFF

BENTON HARBOR, Mich. Richie Heumann, senior account manager of Whirlpool Corporation’s North Atlantic division, recently earned Leadership in Energy and Environmental Design Accredited Professional certification. The LEED AP certification will allow Heumann to better support his trade customers with building solutions to help make constructing sustainable homes easier.

This year, he also was recognized with the “Whirlpool Corporation Trade Relations Industry and Community Service Award.” The award recognizes Heumann’s ongoing leadership, building industry contributions and countless hours of community involvement.

 

“Richie’s dedication and commitment to his customers and to sustainable building as a whole never cease to impress,” said Mitchell Isert, North Atlantic contract division director at Whirlpool. “His sustainable building knowledge and leadership is an asset to Whirlpool Corporation and to his customers’ building projects.”

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Barnes & Noble to consolidate publishing operations

BY CSA STAFF

PORTLAND, Ore. According to reports, Barnes & Noble said it would no longer publish bargain books through an in-house division in an effort to consolidate operations.

The retailer said that Sterling Publishing, a publisher it acquired in 2003 will now handle the creation of bargain books. The move will eliminate a small number of jobs and eliminate duplicative functions, a spokeswoman said.

 

Barnes & Noble has taken several steps to control expenses this year. Back in January, the company announced that it would cut close to 100 positions at its corporate headquarters.

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