Economics News continually updated from thousands of sources around the net.
1 hr ago | Detroit Free Press
A panel of federal court judges put a halt to appeals in Detroit's bankruptcy case after lawyers for the city, state and a number of creditors asked the court to delay hearings pending the outcome of a big trial on Detroit's plan for exiting bankruptcy.
5 hrs ago | Bellingham Herald
The agency is also citing a commitment by the bailed out country's conservative-led government to improve public finances.
9 hrs ago | Business Journal
The Rite-Hite YMCA in Brown Deer is among the locations that the YMCA of Metropolitan Milwaukee intends to continue to operate following completion of its restructuring.
14 hrs ago | The Intelligencer
The remaining 20 employees at the Ormet aluminum plant were officially let go Thursday as the new owners of the plant - and representatives from the United Steelworkers Union - wait to determine the next step.
The City of Detroit has abruptly withdrawn a proposal to monitor the city's proposed bankruptcy restructuring plan.
Demonstrators look up next to an image of Argentina's President Cristina Fernandez de Kirchner during a demonstration in support of Argentina's government outside Buenos Aires' Historical Cabildo, July 30, 2014.
A 43-year-old Newark man who was sexually abused by a Catholic priest was victimized again by family members who used much of his $347,901 in settlement money to buy cars, jewelry and other property, a Chancery Court judge said in a scathing opinion Tuesday.
This June 26, 2014 file photo shows Ne-Yo at the 27th Annual Rhythm And Soul Awards held at the Beverly Hilton Hotel in Los Angeles.
Federal Bankruptcy Judge Susan Kelley has ordered a mediator to try and resolve the three-and-a-half year old bankruptcy case involving the Milwaukee Catholic Archdiocese.
CenturyLink announced Wednesday that it has signed a multimegawatt data center deal to host CoinTerra Inc.'s rapidly growing Bitcoin-mining operations in CenturyLink data centers.
The city attorney of bankrupt San Bernardino, California, has a novel idea for raising new revenue - open medical marijuana dispensaries to sell pot.
Kodak is aiming to strike a deal with all of the major studios as it faces stiff competition from digital technologies.
Cyprus' president on Wednesday rebuffed an International Monetary Fund assessment that Cyprus will need to make additional spending cuts to meet a key target of its financial rescue program.
Webster Parish District Attorney Schuyler Marvin tells The Times the plea was scheduled to have been entered Tuesday but was postponed because of pending action in federal court with the company's Chapter 11 bankruptcy proceedings.
A Wichita businesswoman who is challenging Gov. Sam Brownback in the Republican primary has filed for bankruptcy protection in the past, while her running mate has done so twice.
Kelley agreed more than a year ago that the archdiocese would not have to pay legal fees while its bankruptcy case was pending so it could keep enough cash on hand to cover at least one month's bills.
Now, one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, and a police investigation.
Updated: Fri Aug 01, 2014 07:19 pm
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