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Ukraine

Ukraine's parliament backs import tax rises amid budget crisis

Ukraine's parliament gave preliminary approval on Thursday to a law that would simplify tax legislation and impose additional duties on imports, in an effort to raise revenue amid economic crisis.

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Detroit Bankruptcy

Creditor to oppose San Bernardino bankruptcy plan favoring Calpers - source

A major capital markets creditor of bankrupt San Bernardino, California, will oppose any exit plan that is more favorable to Calpers, California's public pension fund, a source familiar with the creditor's strategy said on Thursday.

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New England Compounding Center

NECC trustee files compensation plan for 2012 meningitis outbreak victims

The trustee overseeing the bankruptcy of a Massachusetts pharmacy linked to a 2012 meningitis outbreak that killed 64 people, filed a plan that would set aside at least $135 million to compensate victims and their families.

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Detroit Bankruptcy

Detroit eyes bankruptcy exit in second week of December: attorney

Detroit is eying a date between Dec. 8 and 10 for its debt adjustment plan to take effect, allowing the city to exit the biggest-ever municipal bankruptcy, an attorney said on Monday.

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An Anadarko Petroleum-Led Consortium Discovers 2nd Oil Find Offshore Sierra Leone

Anadarko's $5.15 billion cleanup deal approved by U.S. court

Anadarko Petroleum Corp's agreement to pay $5.15 billion to clean up nuclear fuel and other pollution received approval from a federal judge on Monday, the final hurdle for the settlement touted by the U.S. Department of Justice as the largest-ever environmental cleanup recovery.

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Samuel Wyly

SEC seeks to double $200 million damages award against businessman Wyly

The U.S. Securities and Exchange Commission will ask a federal judge to more than double the money Texas businessman Sam Wyly must pay from $200 million to $455 million for his involvement in an offshore fraud scheme, a lawyer for Wyly said on Friday.

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American Airlines

U.S. airlines see third-quarter profits rise, upbeat outlook

American Airlines Group (AAL.O), United Airlines (UAL.N) and other carriers reported strong third-quarter profits on Thursday, helped by falling fuel costs, and mostly shrugged off concerns that Ebola could affect their outlook.

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The headquarters of Calpers, the largest U.S. public pension fund, is seen in Sacramento. REUTERS/Max Whittaker

Infrastructure investors line up for Indiana toll road

Some of the world's largest pension funds and infrastructure investors are forming consortia to bid for the operator of an Indiana toll road that filed for bankruptcy last month, according to people familiar with the matter.

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The iPhone 6 Plus

GT to cut jobs, wind down sapphire plant; takes aim at Apple

GT Advanced Technologies Inc (GTAT.O) said it will cut 890 jobs, close an Arizona plant expected to make scratch-resistant screens for Apple Inc (AAPL.O), and suggested it could pursue legal claims against the iPhone maker while revamping under bankruptcy.

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New York Stock Exchange

GT Advanced Technology, Nokia active in early trading

GT Advanced Technology Inc shares were attracting the most volume on the Nasdaq on Tuesday morning a day after the sapphire glass maker filed for bankruptcy.

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Detroit

Detroit should be able to borrow after bankruptcy -consultant

Detroit should be able to access capital markets and borrow at a rate of around 5 percent after it exits bankruptcy, as long as its tax revenue remains stable, a city consultant said on Tuesday.

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Detroit Bankruptcy

Michigan OK's bonds to fund Detroit's bankruptcy plan

Michigan officials on Friday signed off on four bond issues totaling $1.1 billion that would fund Detroit's exit from the biggest-ever municipal bankruptcy.

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Sbarro

Pizza chain Sbarro said to be readying second bankruptcy filing

Sources told Bloomberg that pizza restaurant chain Sbarro is preparing for a bankruptcy filing which could take place any time in the next few weeks.

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Mt. Gox

Mt. Gox to seek bankruptcy protection

After shuttering its operations this week, Tokyo-based Bitcoin exchange Mt. Gox told reporters that it will be seeking bankruptcy protection, The Wall Street Journal reported.

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Detroit Bankruptcy

Two Detroit pension funds file expedited appeal for city's bankruptcy eligibility

Detroit pension funds, the General Retirement System and Police and Fire Retirement System, submitted an expedited appeal with the US 6th Circuit Court of Appeals on a judge's ruling about Detroit's bankruptcy.

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