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61-70 results from 1000 for query «debt»

August 23, 2018 9:35 PM Chicago’s New Idea to Fix Its Pension Deficit: Take On More Debt

Proposed $10 billion bond would be biggest pension obligation bond ever issued by a U.S. city Chicago tried to lower its pension deficit with budget cuts, benefit reductions and tax increases. Now the third-largest U.S. city is considering a controversial new fix: more debt. Finance Chief Carole Brown said she would decide in the next week whether to endorse 62

August 21, 2018 4:12 PM Kayaker, 24, tied large rock to her ankles with extension cord to drown herself, officials say

The body of Maranda Whitten, 24, was found Monday, days after she was reported missing. Her death is being treated as a suicide. (Troup County Sheriff's Office) A 24-year-old kayaker who vanished during a family camping trip in Georgia had tied a rock to her ankles with an extension cord in an apparent intentional drowning, police said on Monday 77

August 21, 2018 1:00 PM Cuomo pardons immigrant man hours before his deportation hearing

ALBANY — Looking to beat the clock, Gov. Cuomo on Tuesday pardoned an immigrant man hours before his deportation hearing. Harveys Gomez, 39 who lives in the Bronx, has been in federal Immigration and Customs Enforcement since October. Gomez was busted in 2009 on drug sale charges and spend six months in jail. He was also given five years probation, which 53

August 21, 2018 11:29 AM Malaysia Can’t Afford $22 Billion Beijing-Backed Projects, Mahathir Tells China

The Malaysian prime minister plans to defer or cancel the infrastructure projects BEIJING—Malaysian Prime Minister Mahathir Mohamad said he plans to defer or cancel some $22 billion worth of Chinese-backed infrastructure projects, after explaining his objections to China’s leaders. At a Tuesday media briefing at the end of a five-day China trip, Mr. Mahathir 58

August 20, 2018 12:36 PM Greece ends bailout odyssey but Athens not in festive mood

ATHENS (Reuters) - Greece emerged from the biggest bailout in economic history on Monday after nine years of creditor-mandated austerity, with European institutions hailing the exit a success but jaded Greeks finding little reason to celebrate. The milestone weans the debt-burdened euro zone member off financial lifelines offered on three occasions by creditors 62

August 20, 2018 3:59 AM Noble Group founder declines executive director role in restructured firm

SINGAPORE/BENGALURU (Reuters) - Embattled commodity trader Noble Group Ltd (NOBG.SI) said on Monday that its founder, Richard Elman, will not take up a previously announced position as an executive director in the restructured company, citing “personal reasons”. Once Asia’s largest commodity trader, Noble has shrunk its business after selling billions 68

August 19, 2018 12:47 PM As Euro Crisis Ends, Italy Stokes Fear of a Revival

Concern comes amid market jitters over Italian debt, attacks by politicians in Rome on Europe’s establishment ROME—The end of Greece’s marathon bailout on Monday would mark the closure of the eurozone crisis—if only it weren’t for Italy, and nagging fears that the euro isn’t fixed after all. European Union authorities will hail as a victory the completion 72

August 17, 2018 10:32 PM Mexico’s President-Elect Says the People Should Decide on New Airport

Andrés Manuel López Obrador calls for survey or referendum to determine whether construction of Mexico City airport should continue MEXICO CITY—Mexican President-elect Andrés Manuel López Obrador said Friday he would let voters decide whether to continue construction of Mexico City’s new airport, throwing into doubt the country’s biggest public-works 54

August 17, 2018 6:39 PM The Game Has Changed at Tesla

SEC investigation means Tesla’s precarious cash situation could become critical in the coming months Tesla’s investors, captivated by the electric car maker’s future growth prospects, have ignored its rickety finances. That is no longer possible. Tesla is in trouble after a chaotic week. Elon Musk’s supposed plan to take the company private at $420 a share 70

August 15, 2018 4:03 AM China’s Awkward Debt Problem

Why can’t China kick its debt addiction? The obstacles are political, not economic When the chairman of China’s Dongbei Special Steel Group hanged himself last year, it was clear that something at the firm was going horribly wrong. Next, the company defaulted on nine separate corporate bonds, telling creditors that it lacked the money to pay its bills 38