Heavy rain will continue to fall across the mountains. Flood Warnings are already out for most of the area through later this afternoon. A Flood Watch continues for everyone through tomorrow night. A Winter Storm Warning goes into effect later today for most of the area. The rain will start to transition to freezing rain/sleet and snow by later this evening, generally between 8 p.m. and midnight. Keep it locked to WYMT for updates.
NEW YORK (AP) - Video game maker Atari's U.S. operations have filed for Chapter 11 bankruptcy protection in an effort to separate from their French parent company.
In a statement, Atari says the move is necessary to secure investments it needs to grow in mobile and digital gaming.
Atari, which turned 40 last year, was a videogame pioneer with games like "Pong" and "Centipede," but has changed owners several times amid financial problems. France's Infogrames Entertainment first took a stake in Atari in 2000. It acquired the remaining stake in 2008 and changed its name to Atari S.A.
In its filing with the U.S. Bankruptcy Court in the Southern District of New York, Atari is seeking approval for $5.25 million in debtor-in-possession financing from private investment firm Tenor Capital Management.