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Alabama county files biggest US muni bankruptcy
BIRMINGHAM, Ala, Nov 9 (Reuters) - Alabama's Jefferson County filed for bankruptcy court protection on Wednesday in the biggest municipal bankruptcy in US history. Despite a tentative deal reached with creditors in September to
Updated: 11/09/2011 09:47P
Jefferson County, Alabama $4.1B Bankruptcy
by Staff The Jefferson County Commission voted 4-1 Wednesday to take the Alabama county into bankruptcy, at $4.1 billion the largest municipal filing US history. Officials for the state's most populous county have been wrangling with the financial
Updated: 11/09/2011 09:45P
Support for Euro Risks Splitting European Union
BRUSSELS — Behind the urgent battle to save Italy and Greece from bankruptcy, another struggle is simmering: over power and influence in a European Union that risks separating into two, one an inner core that sets economic policy for
Updated: 11/09/2011 09:45P
Perry stumbles on cuts at OU GOP debate
Though he typically favors bankruptcy, this wasn't an issue of two companies declining, but a takedown of the entire supply chain, which "would have been devastating for our nation." "I don't want to second-guess that," Snyder said of the federal aid
Updated: 11/09/2011 09:43P
Biz Snipz: the current happenings of the business world
•Cisco, the world's largest maker of networking equipment released its first fiscal quarter earnings, reporting both profit and sales numbers that exceeded the expectations of analysts. The Company is benefiting from increased demand for its cloud
Updated: 11/09/2011 09:43P
Top Stories on KRTV (Wed Nov 9, 5:30)
Lawsuit filed in the shooting death of 10 year old Shelby McCorkle in Great Falls in March 2011; 11 year old Cory Zindell pled "true" to the charge of negligent homicide, and now McCorkle's parents are seeking wrongful death damages against Zindell's
Updated: 11/09/2011 09:31P
Greece: No deal on interim government
Deutsche Presse-Agentur ATHENS -- Greece failed yesterday to reach a breakthrough on an interim government after three days of intense talks, despite international pressure and the threat of imminent bankruptcy. Outgoing Prime Minister George
Updated: 11/09/2011 09:31P
Attorney: Crystal Cathedral agrees to accept bid from university or Orange diocese
Church attorney Marc Winthrop told a federal bankruptcy court judge Wednesday that the board has agreed to accept a proposal from either Chapman University or the Roman Catholic Diocese of Orange to emerge from Chapter 11 bankruptcy
Updated: 11/09/2011 09:25P
Jefferson County bankruptcy: County commissioners explain decision (video)
By The Birmingham News Enlarge Joe Songer -- The Birmingham News Jefferson County Commission president David Carrington looks over the Chapter 9 bankruptcy filing in the doorway of his office at the Jefferson County Courthouse.
Updated: 11/09/2011 09:25P
Alarm hits US as county seeks $5bn bankruptcy
LEGISLATORS in Alabama's Jefferson County yesterday voted 4 to 1 to file for bankruptcy court protection in what would be the biggest municipal bankruptcy in US history. Despite a tentative deal with creditors reached in September to settle $3.14bn
Updated: 11/09/2011 09:18P