REGION

REGION

First Niles Financial declares dividends

NILES — First Niles Financial has declared a dividend of 16 cents a share on common stock and 17 cents a share on preferred class A stock. The dividend is payable March 20 to shareholders of record on March 6. First Niles is the parent company of Home Federal Savings and Loan Association of Niles.

NATION

Liberty Media to lend $530M to Sirius

NEW YORK — Facing a likely bankruptcy, Sirius XM Radio Inc. found a savior in Liberty Media Corp., which will lend $530 million to the satellite radio provider and block a bid for control that had been waged by a rival both companies share: Dish Network Corp. CEO Charlie Ergen.

Sirius had warned it could file for bankruptcy as early as Tuesday if it could not successfully negotiate with its debt holders. The company found itself on the brink as credit markets dried up and auto sales plunged — a critical factor for Sirius because many new subscribers buy the service in package offers with cars and trucks.

3 casinos once run by Trump file for Chapter 11

ATLANTIC CITY, N.J. — The three Atlantic City casinos once run by Donald Trump filed for Chapter 11 bankruptcy protection Tuesday — for the third time.

Trump Entertainment Resorts made the filing in U.S. Bankruptcy Court in Camden, N.J., four days after the real estate mogul whose name remains on the company and its three seaside gambling resorts resigned as chairman of its board.

Trump was frustrated that bond holders and their allies on the board rebuffed his offer to buy the company and take it private.

Associated Press