Why is Hostess shutting down?
The maker of Twinkies, Ding Dongs and many other packaged desserts you loved as a child asked the U.S. Bankruptcy Court to let it close.
Hostess Brands is blaming striking workers for crippling its ability to maintain production. The company is losing money, and no buyers have come forward to purchase it.
Hostess sent home all its workers at its 33 factories on...