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United States

Tom Hals

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Oct 16 2017

Major Sears investor Berkowitz departs board; stock plunges

Sears Holdings Corp on Monday said that Bruce Berkowitz, head of the company's second-biggest investor, resigned from the board of directors less than two years after he sought a seat to help turn the struggling department store chain around, sending Sears stock down as much as 15 percent.

Oct 16 2017

Major Sears investor Berkowitz departs board; stock plunges

Oct 16 Sears Holding Corp on Monday said that Bruce Berkowitz, head of the company's second-biggest investor, resigned from the board of directors less than two years after he sought a seat to help turn the struggling department store chain around, sending Sears stock down as much as 15 percent.

Oct 12 2017

Judge finds Amur defaulted on Pine River credit agreement

WILMINGTON, Del. A Delaware judge ruled on Thursday that an affiliate of Amur Finance Co, a financing firm, had defaulted on a $167 million credit agreement with a unit of Pine River Capital Management, which is closing its master hedge fund in the wake of client withdrawals.

Oct 12 2017

Breitburn lays out bankruptcy exit plan, creditors want an auction

WILMINGTON, Del. Breitburn Energy Partners LP detailed plans at a Thursday court hearing to exit bankruptcy by transferring the oil-and-gas producer's assets to creditors, but opponents pressed for an auction of main reserves to generate more money.

Oct 10 2017

M&T's Wilmington Trust reaches deal to end U.S. criminal charges

WILMINGTON, Del. Wilmington Trust Corp reached a $60 million deal to end U.S. criminal charges that the bank concealed its deteriorating condition from regulators and investors in 2009 and 2010, avoiding a trial that was set to begin on Tuesday.

Oct 10 2017

U.S. opens rare criminal trial vs bank stemming from 2008 crisis

WILMINGTON, Del., Oct 10 The U.S. government, long criticized for a dearth of successful prosecutions tied to the 2008 financial crisis, was set to open a rare criminal trial on Tuesday that gives it a chance to improve its record.

Oct 02 2017

Takata says $1.6 billion KSS deal to be signed in within two weeks

WILMINGTON, Del. Key Safety Systems has agreed to terms on the $1.6 billion purchase of assets of Takata Corp , stricken by a recall of its faulty vehicle air bags, and final documents will be signed in less than two weeks, a lawyer for Takata's U.S. unit said on Monday.

Oct 02 2017

Factbox: Seadrill's restructuring plan faces bondholder opposition

Seadrill, once the largest offshore rig company by market capitalisation, filed for U.S. Chapter 11 bankruptcy protection in Texas on Sept. 12.

Sep 26 2017

JPMorgan scores partial win in $1.5 billion GM bankruptcy dispute

WILMINGTON, Del JPMorgan Chase & Co scored a partial victory on Tuesday in a long-running dispute over the repayment of a $1.5 billion loan it made to General Motors' bankrupt predecessor, known as 'Old GM'.

Sep 22 2017

Exclusive: U.S. agency claims huge hole in Westinghouse's pension plan

WILMINGTON, Del. Employees of U.S. nuclear power firm Westinghouse Electric Co LLC, which is bankrupt and reeling from a failed reactor project, got a nasty surprise recently: in the eyes of the U.S. government's pension insurer, its retirement plan has a massive shortfall.

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