Creditors file objections to Detroit bankruptcy
Detroit faced a flood of objections to its Chapter 9 filing led by AFSCME Michigan Council 25 and retirees. Pension systems, bondholders and residents argue Orr hastily moved to seek bankruptcy to reduce post‑employment obligations, while supporters call Detroit insolvent and in need of federal relief.
MENTIONED IN THIS ARTICLE
Detroit
U.S
American Federation of State
Afscme
Aflcio
Michi
Orr
Bil Sehuchie
Kevyn Orr
Motor City
Michigan
Bruce Babiarz
Police and Fire
General Retirement
Mary Dugans
Federal Court
James McTevin
McTevin & Associates
Associated Press
John Zettner
Texas leaders urge Abbott to back American US Airways merger
Dallas and Fort Worth chambers of commerce and Allied Pilots Association urge Texas Attorney General Greg Abbott to support the American Airlines US Airways merger. They argue it will boost the regional economy, create jobs, and keep the world’s largest carrier based in Texas, while Abbott says the action follows the law amid antitrust concerns.
MENTIONED IN THIS ARTICLE
Dallas
Dallas and
Fort Worth
Texas
James Oberwetter
Bill Thornton
Greg Abbott
Abbott
Jerry Strickland
American Airlines
Strickland
Abbott and
AGI
U.S. Justice Department
Allied Pilots Association
Dallas Morning News
American Is
Futures trading figures at Chicago Board of Trade Thursday
Futures trading activity at the Chicago Board of Trade shows open high low settle figures around 641 to 666 with minor percentage shifts. Markets reflect slight volatility amid early trading session.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Board of Trade
UATI
New York
Chicago Merchantile Exchange
Eig
Dun
Cotton New York
N.Y
Agers
Hedge fund titan Falcone to settle SEC charges in NY
Phil Falcone and Harbinger Partners will pay 18 million dollars and admit to violations to settle SEC charges over misuse of firm funds. Falcone faces a five year bar from the securities industry as part of the agreement, a departure from prior settlements. Falcone said the settlement puts issues behind him and his investors.
MENTIONED IN THIS ARTICLE
New York
Phil Falcone
Harbinger Partners
Securities and Commission
Falcone
Vale
SEC
Hasong
Andrew Ceresney
Also Mentioned on This Page
AA Pilots
Texas AG
United
Delta
Ars
London
Haman
Pat Santos
Fritts
I New
No York Mercantile Light Sweet
Dollars
Bbi
NY Harbor
Fritous
RTO Sena
B2gold G
Facebook
Cisco
SPOR
Wore
Gainers
BovieMed
OrionEngy
PranaBio
Drxindiab
CT Ptrs
interCit G
Reeds
nTelos
JinkoSolar
RenewEn
GoodrPet
SL Ind
Dow Jones Industrials
Dow Jones Transportation
Dow Jones Utilities
NYSE
Amex
Russell
Merck
At&t Inc
Microsoft
PNM Res
PepsiCo
TSI
Phillips
ECG Res
IwstAkt
Texinst
EngyTsfrad TimeWarn
VerizonCm
WalMart
XoelEngy
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