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Timeline of Detroit's financial crisis 11/07/2014 03:10pm • The Associated Press DETROIT (AP) -- A timeline of Detroit's financial troubles:___2005-2006-- Detroit issues $1.44 billion of new debt in the form of pension obligation certificates to fund the city's two retirement systems. A 30-year repayment schedule is negotiated. Then-Mayor Kwame Kilpatrick a TVA president could earn more than $1M extra 11/07/2014 11:59am • CHATTANOOGA, Tenn. (AP) -- The Tennessee Valley Authority's president and CEO could earn more than $1 million extra this year.The Chattanooga Times Free Press (http://bit.ly/1smQm6m) reported the agency's board voted unanimously on Thursday to raise Bill Johnson's salary and performance pay after th Hong Kong domestic workers struggle in risky jobs 11/07/2014 11:19am • JACK CHANG Associated Press HONG KONG (AP) -- At every stop, the path from Tritin Kartika's poor Indonesian hometown to her job as a live-in maid in a Hong Kong apartment put her at risk of exploitation.Back home, she signed an employment contract that required her to give up most of her first six m Analysts: How GOP Congress could boost US economy 11/07/2014 08:10am • JOSH BOAK AP Economics Writer WASHINGTON (AP) -- Voters made clear Tuesday that they're worried about the economy, despite steady job gains, a robust stock market and faster economic growth this year.So what can -- and should -- the now-dominant Republicans in Congress and President Barack Obama do 4 Personal Finance Books That Will Inspire You 11/07/2014 12:00am • When traveling down the long road toward financial freedom, it can sometimes be hard to keep your eyes looking forward toward your financial goals. With all the pleasures and distractions in life, those big financial goals can fade into the mist while today's desires get in the way. What most of Business Highlights 11/06/2014 06:40pm • The Associated Press ___Analysts: How GOP Congress could boost US economyWASHINGTON (AP) -- Voters made clear Tuesday that they're worried about the economy, despite steady job gains, a robust stock market and faster economic growth this year.So what can -- and should -- the now-dominant Republican Figures on government spending and debt 11/06/2014 05:40pm • WASHINGTON (AP) -- Figures on government spending and debt (last six digits are eliminated). The government's fiscal year runs Oct. 1 through Sept. 30. Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Senate Democrats dump ads in Louisiana 11/06/2014 05:30pm • PHILIP ELLIOTT Associated Press WASHINGTON (AP) -- Senate Democrats' campaign committee on Thursday began canceling plans for television ads in Louisiana's major markets to help Sen. Mary Landrieu's runoff campaign against Republican Bill Cassidy, making her re-election bid an even steeper challenge University of California weighs tuition hike plan 11/06/2014 04:47pm • LISA LEFF Associated Press SAN FRANCISCO (AP) -- Tuition at the University of California's 10 campuses would increase by as much as 5 percent in each of the next five years under a plan UC President Janet Napolitano unveiled Thursday.Rates have remained frozen for the past three years.Under Napolita Germany after Berlin Wall: Not always best in west 11/06/2014 01:42pm • KIRSTEN GRIESHABER Associated Press DRESDEN, Germany (AP) -- In the German city of Dresden, trumpet player Ludwig Guettler takes pride in the soaring spires of the Baroque Frauenkirche church, rebuilt from the ruins of World War II, and sees them as a symbol of his city's vibrant economic and cultur ADM promotes its president to CEO 11/06/2014 12:40pm • NEW YORK (AP) -- Agribusiness giant Archer Daniels Midland Co. is promoting its president and chief operating officer to CEO as Patricia Woertz steps down after more than eight years at the helm.ADM said Thursday that Juan Luciano will take over as CEO on Jan. 1. Woertz will remain chairman of the c ECB letters shed new light on 2010 Ireland bailout 11/06/2014 11:20am • SHAWN POGATCHNIK Associated Press DUBLIN (AP) -- Long-confidential letters between European Central Bank and Irish government leaders document how Dublin's cash-starved banks were threatened with collapse unless Ireland sought an international bailout.The 2010 letters published Thursday by the Frank Perrigo to buy Omega Pharma in $3.1-billion deal 11/06/2014 09:59am • The Associated Press Perrigo is expanding its reach into Europe through a $3.1 billion acquisition of one of the continent's biggest suppliers of non-prescription medicines.Perrigo Co. Plc said Thursday that it will pay a combination of cash and stock to acquire Belgium's Omega Pharma NV. The deal Spain's Repsol sees Q3 profit drop after LNG sale 11/06/2014 05:30am • MADRID (AP) -- Spanish energy company Repsol says its third-quarter profit fell 17.3 percent compared with the same period last year following the sale of its liquefied natural gas assets, which had contributed to the quarter's profits in 2013.Repsol S.A. said Thursday that profit for July through S Despite fragile economy, ECB to sit tight 11/06/2014 04:20am • DAVID McHUGH Associated Press FRANKFURT, Germany (AP) -- Despite the eurozone economy's sluggishness, the European Central Bank is likely to refrain from offering more monetary support at its meeting Thursday as it looks to existing stimulus programs to start working.The ECB's 24 policymakers are ex
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