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Monday, February 17, 2014

U.S. Top News: Detroit bankruptcy bond fight a watershed for municipal market

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02/17/2014
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
Detroit bankruptcy bond fight a watershed for municipal market
(Reuters) - The city of Detroit's effort to declare some of its general obligation bonds as unsecured debt will be challenged in bankruptcy court Wednesday in what could be a precedent-setting turn in the largest-ever municipal bankruptcy in U.S. history.
VW works council says will pursue labor representation at U.S. plant
HAMBURG/BERLIN (Reuters) - Volkswagen's works council said it would press on with efforts to set up labor representation at its Chattanooga, Tennessee plant, undeterred by a workers' vote against any such step involving the United Auto Workers union (UAW).
Excessive radiation levels detected at New Mexico waste site
(Reuters) - Underground sensors have detected excessive radiation levels inside a nuclear waste storage site deep below New Mexico's desert, but no workers have been exposed and there was no risk to public health, U.S. Department of Energy officials said on Sunday.
Lofty Los Angeles office tower launched with record concrete pour
LOS ANGELES (Reuters) - Construction workers in downtown Los Angeles finished laying the foundation on Sunday for a planned 73-story skyscraper expected to be the tallest west of the Mississippi River as they completed the world's largest continuous pour of concrete.
Augusta's iconic Eisenhower Tree victim of winter storm
(Reuters) - Augusta National's famed Eisenhower Tree, an iconic image at the Masters tournament, survived an attempt by the former U.S. president to have it chopped down but it could not survive a severe winter storm.
New England digs out from second snow storm in a week
(Reuters) - A winter blast left parts of the U.S. Northeast buried under a foot of snow on Sunday before heading toward coastal Canada, the second powerful storm system to slam the region in less than a week.
Carbon monoxide at Baltimore-area hotel sends nine to hospital
WASHINGTON (Reuters) - Nine people were in stable condition in hospitals on Sunday after high levels of carbon monoxide were found at a hotel near the Baltimore-Washington international airport in Maryland, fire officials said.
Winter builds rare icy path to Lake Superior ice caves
(Reuters) - Crowds of people are flocking to northwestern Wisconsin to trek on a frozen-over Lake Superior to reach dramatic ice caves accessible on foot for the first time in several years, courtesy of the long frigid winter.
Two skiers lost in Colorado avalanche are confirmed dead
DENVER (Reuters) - Two skiers missing after an avalanche swept them and five others away in a slide-prone area of Colorado were confirmed dead on Sunday, authorities said.
Snake-handling preacher dies in Kentucky after being bit by snake
NASHVILLE (Reuters) - A Kentucky snake-handling preacher who appeared in a television show about the religious practice died of a snakebite after refusing medical treatment, authorities said on Sunday.
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