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Italy's Mario Monti wins confidence vote
Rome: Against the backdrop of anti-austerity protesters clashing with riot police, Italy's new premier appealed to Italians to accept sacrifices to save their country from bankruptcy, but pledged economic growth and greater social cohesion in return.
Updated: 11/17/2011 10:51P
Devon Energy files court motion questioning safety of elevators at First
First National Building LLC, an investment group led by Aaron Yashouafar, chief executive officer of Milbank Real Estate, has been in bankruptcy court for the past year since lenders won a foreclosure motion on the property. A motion filed in the case
Updated: 11/17/2011 10:43P
Judge approves sale of Crystal Cathedral to Diocese of Orange for new
A federal judge has approved the sale of the Crystal Cathedral to the Roman Catholic Diocese of Orange to help the financially struggling church emerge from bankruptcy. This Oct. 27, 2011 photo shows the Crystal
Updated: 11/17/2011 10:29P
US bankruptcy judge approves the release of about $520 million to MF Global
By AP NEW YORK (AP) — The judge overseeing the bankruptcy of collapsed MF Global Inc. has approved the release of about $520 million to trading customers of the brokerage firm whose accounts have been frozen since Oct. 31. US Bankruptcy Judge Martin
Updated: 11/17/2011 10:24P
Crystal Cathedral Chooses Catholic Diocese as Chapman University 'Sweetens
The bankruptcy sale of Crystal Cathedral, the glass-walled Orange County church known for its "Hour of Power" broadcasts, has touched off a bidding war between a Roman Catholic diocese and a local university. The church's ministry, meanwhile,
Updated: 11/17/2011 10:21P
Crystal Cathedral: Judge approves sale to Diocese of Orange
A bankruptcy judge chose the Roman Catholic Diocese of Orange as the buyer of the Crystal Cathedral for $57.5 million after an emotional hearing in Santa Ana on Monday night, despite pleas by congregants and others that the 56-year-old ministry stay
Updated: 11/17/2011 10:19P
PSC's vote on seeking role in co-op bankruptcy devolves into another round of
On Thursday, Molnar and Kavulla disagreed on whether the PSC should try to be a party in the bankruptcy of Southern Montana Electric Generation and Transmission. The commission ultimately voted 3-2 to get involved. HELENA — Montana's Public Service
Updated: 11/17/2011 10:08P
Italy hit by protests as PM unveils economic plan (AP)
ROME – As protests erupted in Rome and other cities, Italy's new premier unveiled his economic plan Thursday, vowing to spur growth yet fairly spread the sacrifices Italians must accept to save their country from bankruptcy and the eurozone from a
Updated: 11/17/2011 10:08P
Board of Crystal Cathedral megachurch in California prefers bid for campus by
The announcement came just before a bankruptcy court hearing at which a judge was expected to decide between competing offers from the diocese and Chapman University. The Catholic diocese wants the property for a cathedral of its own,
Updated: 11/17/2011 10:05P
MF Global may return $520m funds, cuts 141 more jobs
A bankruptcy judge on Thursday will consider a request by James Giddens, the trustee supervising the liquidation of the MF Global Inc broker-dealer unit, to release $520 million associated with 23300 commodity customer accounts that contained only cash
Updated: 11/17/2011 10:02P