Bankruptcy

The county’s proposed general fund budget appears to display an unconscionable lack of fiscal discipline.

Opponents of the $700 million adopted budget say $2.5 million of spending choices may begin a slide back to Chapter 9.

China's recently announced suspension of U.S. agricultural imports escalated trade-related risks to U.S. agriculture, said Fitch Ratings.

The Ohio law replaces a ratepayer surcharge for renewable power with one that subsidizes two of the firm's nuclear generation facilities.

Moody’s Investors Service downgraded $492 million of bonds because of its revised criteria on special revenue debt.

Ricardo Rossello resigned after two weeks of furious protests, throwing the leadership of the U.S. commonwealth into uncertainty.

The goal of the 2018 Chapter 11 restructuring was to establish a capital structure supported by project revenues.

A bailout of FirstEnergy Solutions Ohio nuclear plans would enhance what can be paid to bondholders under the company's Chapter 11 reorganization.

Without a successful appeal, Employees Retirement System bondholders won't get their bond payments during the bankruptcy.

The restructuring is expected to save PREPA and Puerto Rico residents about $3 billion in debt service payments over the next 10 years.