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The continuing saga at Malden Mills Industries Inc. is turning into a case study of whether altruism makes good business sense. Six years ago, the Lawrence textile company gained fame after owner ...
LAWRENCE, Mass., Nov. 29 -- Malden Mills Industries Inc., the company made famous when it kept its employees on the payroll while it recovered from a devastating fire, filed for Chapter 11 ...
Not so at Malden Mills, the textile company in Lawrence, Mass., that invented the fabric Polartec. As 60 Minutes reported last year, Malden Mills also filed for bankruptcy protection, but that's ...
Malden Mills Industries Inc., made famous in 1995 when president and chief executive Aaron Feuerstein kept employees on the payroll while it recovered from a devastating fire, filed Chapter 11 ...
Standing amid the ruins of the Malden Mills complex in Lawrence one day after a fire destroyed much of his business, Aaron M. Feuerstein became an instant hero when he pledged to rebuild the ...
The unsolicited contributions started eight years ago, after the CEO became a hero for refusing to lay off workers after a fire devastated his Malden Mills Industries Inc. textile plant.
Malden Mills Industries Inc. named a new chief executive Monday and disclosed that its longtime family owner, Aaron Feuerstein, has left the textile company to pursue his attempt to buy back ...
Six years ago Aaron Feuerstein, CEO of Malden Mills in Massachusetts, rose to international fame and became something of a legend in the world of business ethics by continuing to pay his employees ...
It was just before Christmas, 1995, and Malden Mills employees were braced for the worst. With the insurance settlement, Feuerstein could presumably have closed the business founded by his ...
Gurnee police said a real bear may have been spotted near Gurnee Mills mall on Wednesday. Authorities said they were made aware of a possible bear sighting near the busy commercial intersection of ...