by Chris Isidore and James O'Toole @CNNMoney November 16, 2012: 6:15 PM ET Hostess Brands -- the maker of such iconic baked goods as Twinkies, Drake's Devil Dogs and Wonder Bread -- announced Friday that it is asking a federal bankruptcy court for permission to close its operations, blaming a strike by bakers protesting a new contract imposed on them. Hostess' nearly 18,500 workers will lose the
Popular U.S. pizza chain Papa John's faces a $250 million class-action lawsuit for blasting customers with illegal text messages. The plaintiffs allege that Papa John's (PZZA) franchises sent customers a total of 500,000 unwanted messages in early 2010. The spam texts offered deals for pizza, and some customers complained they were getting 15 or 16 texts in a row, even during the middle of the nig
thanks for visiting cnnmoney. We're no longer maintaining this page. For the latest business news and markets data, please visit CNN Business Discover Bank has agreed to refund $200 million to more than 3.5 million cardholders over claims of deceptive telemarketing. The Consumer Financial Protection Bureau and the Federal Deposit Insurance Corporation announced the agreement Monday, following a jo
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