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TWINKIE UPDATE: Hostess Gets OK To Begin Winding Down Business

Updated: 11/21/2012 - Hostess Brands Inc. and its second largest union will go into mediation to try and resolve their differences, meaning the Irving, Texas-based company won't go out of business just yet. The news came Monday after Hostess moved to liquidate and sell off its assets in bankruptcy court citing a crippling strike last week.

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TWINKIE STRIKE: Hostess Going Out Of Business

Updated: 11/16/2012 - Hostess, the maker of Twinkies, Ding Dongs and Wonder Bread, is going out of business. The company has a plant in Rocky Mount with about 275 people on the payroll.

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