U.S. judge OKs disclosure document for Detroit’s debt plan
DETROIT (Reuters) – A U.S. Bankruptcy Court judge on Monday approved a key supporting document for Detroit’s plan to adjust $18 billion of debt and exit the biggest municipal bankruptcy in U.S. history.
Deaths fell after Massachusetts healthcare overhaul: study
NEW YORK (Reuters Health) – When Massachusetts blazed the trail of healthcare reform in 2006 by expanding coverage for the poor and requiring all residents to have health insurance, it may have done more than serve as a model for nationwide reform: it …
After years of good behavior, Missouri convict can skip sentence
(Reuters) – A Missouri man who straightened his life out after being convicted of a 1999 robbery was officially proclaimed a free man on Monday when a judge determined it was not his fault that the state forgot to imprison him while he started a busine…
California real estate recovery means higher property taxes for many
SACRAMENTO, California (Reuters) – California’s recovering real estate market means higher property taxes for homeowners whose bills were reduced during the economic downturn, despite tough protections against tax hikes imposed by voters decades ago, a…
Exclusive: Payday lender subpoenaed in U.S. criminal probe
NEW YORK (Reuters) – A U.S. grand jury has subpoenaed a company that a federal regulator has said is at the center of a deceptive payday lending scheme, a source familiar with the matter said.
Colorado woman survives six days trapped in wreckage of her car
DENVER (Reuters) – A 43-year-old Colorado woman who survived six days trapped in the wreckage of her car after driving off a mountain highway was listed in critical condition on Monday at a Denver-area hospital, authorities said.
New York City mayor unveils affordable housing plan
NEW YORK (Reuters) – New York City Mayor Bill de Blasio released a plan on Monday to create and preserve 200,000 units of affordable housing over the next decade – a centerpiece of his strategy to address economic inequality in the nation’s largest cit…
First U.S. MERS patient improving, gets ready for discharge
MUNSTER, Indiana (Reuters) – The first U.S. patient to test positive for the often deadly MERS virus is off supplemental oxygen and walking around his hospital room in Munster, Indiana, as health officials begin planning the man’s release, state and fe…
Man struck and killed by Amtrak train in Connecticut
BOSTON (Reuters) – A 56-year-old man was struck and killed by an Amtrak train in Connecticut on Monday morning, the second such fatality in the area in recent weeks, authorities said.
Skip college, forfeit $800,000: Fed study
SAN FRANCISCO (Reuters) – Over a lifetime, the average U.S. college graduate will earn at least $800,000 more than the average high school graduate, a study published Monday by the Federal Reserve Bank of San Francisco shows.