Hostess To Pay $1.75 Million In Executive Bonuses After Blaming Unions For Bankruptcy

Hostess To Pay $1.75 Million In Executive Bonuses After Blaming Unions For Bankruptcy: Hostess Brands, the maker of sweet snacks like Twinkies that filed for Chapter 11 bankruptcy protection last week, will ask a bankruptcy judge today to approve a plan that will allow it to pay $1.75 million in bonuses to 19 of its executives. Hostess’ decision to file for bankruptcy came amid disputes with its union [...]/p