Contrary to fiscal principles that recommend borrowing only for investment, report found 11 states used new debt to finance ...
Chicago taxpayers now face unfunded debt from its municipal, laborers, police, fire and teachers’ pensions that exceed the ...
U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 ...
The auto parts manufacturing company filed for bankruptcy Sunday after disclosing more than $10 billion in liabilities, court filings show.
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