| Dec 19, 2013
| 6:58 PM
If Hugh Hefner strove to put a suave, air-brushed image on sexual freedom in the 1960s, rival publisher Al Goldstein was the polar opposite. Unabashedly abrasive and foul-mouthed, the cigar-chomping, obese Goldstein called his explicit magazine Screw...
| Dec 22, 2013
| 11:08 AM
MOSCOW -- Mikhail Khodorkovsky, the former oil tycoon once considered President Vladimir Putin's most potent political foe, said Sunday that he had no plans to resume his business or political activities or to support Russia's embattled opposition forces....
| Dec 22, 2013
| 9:45 PM
Less than a year after state auditors warned that Bell faced possible insolvency, the city has seen a significant infusion of cash from settlements with firms it blamed for not preventing the corruption scandal that engulfed the town.
| Dec 25, 2013
| 4:33 PM
DETROIT — He'd heard stories of ruin and blight, but that didn't prepare Oliver Kearney for what he saw:
Prostitutes roaming the streets at 8 a.m., rubble-strewn parking lots overrun with weeds, buildings taken over by bright pink graffiti, the...
| Dec 27, 2013
| 6:00 AM
One summer Saturday in the Bay Area city of Richmond, nitric acid leaked from a tank at a metal plating company, forming a toxic cloud that floated over a neighborhood of small houses and stucco apartments.
"People were coughing. They were gasping for...
| Dec 29, 2013
The Detroit bankruptcy court judge's ruling that employee pensions are "on the table" for potential reductions has spurred yet another round of acrimonious debate between those on the right who blame public-sector pensions for virtually all of government'...
| Dec 28, 2013
| 6:00 AM
The Los Angeles Memorial Coliseum was flirting with insolvency, but that didn't stop its government overseers from incurring hundreds of thousands of dollars in legal expenses to keep secret their deliberations on a new long-term lease for the stadium....
| Jan 14, 2014
| 7:37 AM
In an attempt to save the Detroit Institute of Arts from being crippled or destroyed by its city's epic bankruptcy, nine local and national charitable foundations have pledged $330 million to spare the museum from having artworks sold to help prop up...
| Jan 2, 2014
| 9:11 AM
Italian automaker Fiat plans to take full control of Chrysler Group by buying out the shares held by a United Auto Workers union-controlled trust fund.
The union and Fiat reached a deal on New Year’s Day for the automaker to acquire the 41.5% of...
| Jan 5, 2014
| 5:00 AM
With interest rates set to rise, many on Wall Street are wondering if the municipal bond market is in for another pummeling as 2014 gets underway.
Investors couldn't get out fast enough last year. Bonds from states, cities and counties suffered their...
| Jan 8, 2014
| 5:33 PM
Only a month after emerging from bankruptcy, American Airlines faces a claim from the city of Los Angeles for $21.5 million in fees charged to operate out of Los Angeles International Airport.
The city asked a U.S. Bankruptcy Court judge in New York for...