Atlanta-based radio giant Cumulus Media has filed to reorganize in Chapter 11 bankruptcy, with $2.4 billion in debt. It has reached an agreement with 69% of its term loan holders.
See Original Article

The UK accounting watchdog said on Thursday it should have been faster in investigating why KPMG gave HBOS's accounts the green light just seven … Following a reform last year, the FRC can pursue accountants who work for an audit company for breaches, presenting a lower legal hurdle than the
See Original Article

ECB policy can turn on a euro and hammer fixed income. Just look at what happened in the U.S.. By. Mark Gilbert. @ScouseView More stories by Mark Gilbert. and. Marcus Ashworth. @marcusashworth More stories by Marcus Ashworth. November 30, 2017, 2:27 AM PST. From. Annual Meetings Of The
See Original Article

The White House is discussing whether to replace Secretary of State Rex Tillerson with CIA Director Mike Pompeo, two White House officials said. The timing of the shakeup for President Donald Trump's national security team is unclear. Trump has told advisers that Tillerson might be out of his job
See Original Article

Tom Prendergast, who stepped down as chairman of the MTA in January, said performing such work during closures is like the difference between changing a tire at your home instead of at the side of a busy highway.
See Original Article