Wonder Bread

Hostess Twinkies. (credit: Justin Sullivan/Getty Images)

Hostess Asks Judge To Slash Union Obligations

Hostess has asked a judge to slash some of its commitments to union employees, saying it’s the only way it can emerge from bankruptcy as a viable company.


A loaf of Wonder Bread rests on a table. (credit: Spencer Platt/Getty Images)

Hostess Brands Files For Bankruptcy Protection

Hostess, the maker of Twinkies and Wonder Bread, is filing for bankruptcy protection, blaming benefit troubles, increased competition and a tough economy.