Alberta will probably sell bonds to pay for rebuilding of roads and bridges damaged by the worst flooding in more than a century, according to investors including BlackRock Inc., the world’s biggest money manager.
California school districts are financing projects by pushing debt payments as far as 40 years into the future, defying a warning from the Los Angeles County treasurer while incurring interest that dwarfs principal by 10- to-1 or more.
U.S. prosecutors are preparing what would be the first criminal charges against BP Plc staff after the worst U.S. oil spill last year, the Wall Street Journal reported, citing unidentified people familiar with the matter.
Jefferies Group Inc. , the New-York based investment bank, hired Michael Alexander as chief executive officer of its Asia unit and five other CLSA employees to build sales and trading, and equity research in the region.
Last May, New York lawyer John Cahill filed an application with the Internal Revenue Service for a tax exemption for Revere America, a group pushing for the repeal of President Obama’s health care law.