Bankruptcy

Standard & Poor's has withdrawn its D rating on a Glendale, Ariz., plant designed to convert trash into energy after the project defaulted on its October bond payment.

Florida's second-most populous county and one of its tiniest cities bucked the official state position on carbon emissions by joining a coalition supporting the federal government's Clean Power Plan.

State Rep. Karen MacBeth wants the Rhode Island State Police and Attorney General to investigate Michael Corso's activities related to the 38 Studios bond fiasco.

Chicago squares off in the Illinois Supreme Court Nov. 17 with unions and pension fund members challenging the overhaul of its municipal and laborers' pension funds.

Agreements settling construction disputes over new nuclear units in Georgia and South Carolina are positive credit factors for the public and private owners of the projects, according to Moody's Investors Service.

The former CEO of Queens Library in New York City sued the library in federal court, saying it fired him for cause to deny him more than $2 million in severance.

In striking down a class-action union appeal Nov. 2, the Georgia Supreme Court ruled that Atlanta did not violate the state's constitution when the City Council reformed pension benefits in 2011.

A forensic inquiry into Jacksonville, Fla.’s Police and Fire Pension Fund says poor management and the lack of transparency by the fund’s board are among reasons for at least $370 million in losses.

U.S. Bankruptcy Judge Alan C. Stout scheduled a hearing for Dec. 9 to decide if Hillview, Ky. is qualified to continue through the bankruptcy process.

Puerto Rico could benefit from a control board similar to what Congress implemented for Washington, D.C., said former House Speaker Newt Gingrich.