The baking giant Hostess says it is going out of business.
The maker of Twinkies, Ding Dongs and Wonder Bread made the announcement Friday morning after setting a deadline for 5 p.m. Thursday for striking workers to return to work.
If employees refused, Hostess said it would start liquidating the company.
Hours after that deadline, neither side was backing down.
Hostess then said it would be sometime Friday before they made a decision about liquidation. Then, an announcement came just after 7 a.m.
The move means picketers, including those at the Northeast Philadelphia plant, could be out of jobs.
The employees originally started striking because of a contract that would cut wages and benefits.
Thursday, May 23 2013 2:37 PM EDT2013-05-23 18:37:35 GMT
We have been following the story of Herbert and Catherine Schaible for a while now. This couple lives in Philadelphia and are a faith healing couple who is facing murder charges for the death of their
We have been following the story of Herbert and Catherine Schaible for a while now. This couple lives in Philadelphia and are a faith healing couple who is facing murder charges for the death of their
Thursday, May 23 2013 2:02 PM EDT2013-05-23 18:02:25 GMT
A college student from Pennsylvania who went missing last week on his drive home from a New England college has been "located unharmed," almost a week after he disappeared, authorities say.
A college student from Pennsylvania who went missing last week on his drive home from a New England college has been "located unharmed," almost a week after he disappeared, authorities say.
Thursday, May 23 2013 12:55 PM EDT2013-05-23 16:55:29 GMT
A $1,000 reward has been posted for information leading to the arrest and conviction of two men seen running to and away from a homicide scene Tuesday night in Camden.
A $1,000 reward has been posted for information leading to the arrest and conviction of two men seen running to and away from a homicide scene Tuesday night in Camden.
Thursday, May 23 2013 12:43 PM EDT2013-05-23 16:43:10 GMT
Thirteen paintings by the famous Wyeth family of artists have sold for just over $2 million at a New York City auction.New Jersey businessman Eric Sambol sold the works by Andrew, Jamie and N.C. Wyeth
Thirteen paintings by the famous Wyeth family of artists have sold for just over $2 million at a New York City auction.New Jersey businessman Eric Sambol sold the works by Andrew, Jamie and N.C. Wyeth
Thursday, May 23 2013 12:31 PM EDT2013-05-23 16:31:19 GMT
AP Image
New Jersey's invasion of cicadas has started in the wake of two days of warm weather.The insects have started to emerge from the soil in droves for the first time in 17 years and that could make for
New Jersey's invasion of cicadas has started in the wake of two days of warm weather.The insects have started to emerge from the soil in droves for the first time in 17 years and that could make for
Thursday, May 23 2013 12:23 PM EDT2013-05-23 16:23:02 GMT
A small street in the city's Fern Rock section is closed off to traffic - for a good reason!Volunteers from Rebuilding Together Philadelphia and the Sears Heroes At Home program have gathered at the Reed
A small street in the city's Fern Rock section is closed off to traffic - for a good reason!Volunteers from Rebuilding Together Philadelphia and the Sears Heroes At Home program have gathered at the Reed
Thursday, May 23 2013 12:03 PM EDT2013-05-23 16:03:40 GMT
In the aftermath of the tornado that devastated Moore, Oklahoma on Monday, residents are starting to sort through their belongings that were scattered about as a result.
In the aftermath of the tornado that devastated Moore, Oklahoma on Monday, residents are starting to sort through their belongings that were scattered about as a result.
Thursday, May 23 2013 10:35 AM EDT2013-05-23 14:35:48 GMT
To the everyday on-looker, Lacey Barchart is just your average young girl.She likes playing with her stuffed animals and her friends. But, she sees the world just a bit differently than one might guess.
Brave little Lacey lives a normal life, but there is more to her than what meets the eye.
Thursday, May 23 2013 9:36 AM EDT2013-05-23 13:36:20 GMT
Rapper-producer Sean "Diddy" Combs has paid a marketing visit to Pennsylvania's capital city. Combs visited with Pennsylvania Liquor Control Board officials on Wednesday to promote a
Rapper-producer Sean "Diddy" Combs has paid a marketing visit to Pennsylvania's capital city. Combs visited with Pennsylvania Liquor Control Board officials on Wednesday to promote a
