United States

Bankruptcy News Headlines

Puerto Rico GO bond hits five-month high

Puerto Rico's benchmark bond price hit a 22-week high on Tuesday, the six-month anniversary of Hurricane Maria, as the island's federal oversight board prepared to approve a blueprint for the U.S. territory's debt restructuring efforts.

Puerto Rico utility PREPA taps Walter Higgins as new CEO

Puerto Rico's bankrupt power authority, PREPA, has appointed Walter Higgins as its new chief executive officer, the utility said on Tuesday, the six-month anniversary of Hurricane Maria's destruction of the island's power grid.


Democratic Rep. Lipinski wins Illinois congressional primary: AP

CHICAGO Democratic Representative Dan Lipinski held off a stiff challenge from businesswoman Marie Newman to win a nationally watched congressional primary in Illinois, the Associated Press reported on Wednesday. | Video