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Corporate restructuring and recapitalization
July 29, 2016
Merck posts strong 2Q numbers, while building for long term
Drugmaker Merck & Co., focused heavily on its long-term future as it builds sales of crucial new medicines Keytruda for ...
June 13, 2016
High court rules against Puerto Rico in debt case
The Supreme Court ruled Monday that Puerto Rico can't restructure more than $20 billion in public debt as it tries to ...
May 21, 2016
Bondholders sue over Puerto Rico debt-moratorium law
Holders of bonds from Puerto Rico's Government Development Bank are suing to challenge aspects of a debt-moratorium law that ...
May 20, 2016
Relief and anger in Puerto Rico as Congress acts on debt
After months of pleading from Puerto Rico's government, the U.S. Congress has agreed to help the territory restructure its ...
May 19, 2016
Congress, White House strike rescue deal for Puerto Rico
House Republicans and Democrats reached a rare, election-year deal with the White House to try to rescue Puerto Rico from $70 ...
May 05, 2016
Q&A: How Michigan lawmakers differ on Detroit school revamp
The fate of Detroit's debt-ridden school district rests with the Michigan Legislature, where lawmakers have passed widely ...
May 01, 2016
Q&A: Puerto Rico's debt crisis, what it means for muni bonds
Puerto Rico's worsening debt crisis is dimming the economic outlook for the U.S. territory and putting pressure on Congress ...
May 01, 2016
Puerto Rico won't make $370 million in debt payments Monday
Gov. Alejandro Garcia Padilla announced that Puerto Rico's government will not make nearly $370 million in bond payments due ...
April 19, 2016
Congress unlikely to act on Puerto Rico ahead of deadline
Congress seems increasingly unlikely to take action to help Puerto Rico ahead of a May 1 deadline for the commonwealth to ...
April 14, 2016
Ryan: Congress needs to bring order to Puerto Rico crisis
House Speaker Paul Ryan said Congress needs to "bring order to the chaos" in Puerto Rico and prevent U.S. taxpayers from ...
April 13, 2016
House GOP abruptly cancels vote on package for Puerto Rico
House Republicans on Wednesday abruptly canceled a committee vote on a plan to help Puerto Rico deal with its $70 billion ...
April 12, 2016
House GOP releases legislation to reverse Puerto Rico's debt
Seeking to reverse Puerto Rico's spiraling economy, House Republicans on Tuesday released compromise legislation to create ...
March 29, 2016
Democrats reject GOP plan for Puerto Rico control board
House Democratic leader Nancy Pelosi says a Republican plan to create an oversight board for Puerto Rico would exert "undue ...
March 25, 2016
House GOP bill would create oversight board for Puerto Rico
House Republicans are preparing legislation to create a new oversight board that would help Puerto Rico control its finances, ...
March 22, 2016
High court seems sympathetic to Puerto Rico in debt case
Four liberal justices on a short-handed Supreme Court seemed sympathetic Tuesday to arguments that Puerto Rico officials ...