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Hostess Twinkies are shown in a studio photograph, Tuesday, Jan. 10, 2012 in New York. Hostess Brands Inc. is filing for Ch.11 bankruptcy protection and said Wednesday, Jan. 11, 2012, it will be able to maintain routine operations thanks to a $75 million financing commitment from a group of lenders. (AP Photo/Mark Lennihan)

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Hostess Brands files for bankruptcy protection

NEW YORK (AP) -- Hostess Brands Inc., the maker of Twinkies and Wonder Bread, is filing for bankruptcy protection, blaming troubles with its pension and medical benefits obligations, increased competition and tough economic conditions.. The Chapter 11 filing on Wednesday comes just two years after a predecessor company emerged from

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