World

Italy giving 5.2B euros in resources to keep 2 banks open

The Italian government is making 5.2 billion euros ($5.8 billion) of resources available to keep operative two banks that the European Central Bank last week had deemed "failing or about to fail," sending them into insolvency procedures.

Puerto Rico governor to fight proposed furloughs, cuts

Puerto Rico's governor says he'll go to court to fight a federal control board's call to cut a public pension system by 10 percent, furlough tens of thousands of government workers and eliminate Christmas bonuses.

Puerto Rico governor to fight proposed furloughs, cuts

Puerto Rico's governor says he'll go to court to fight a federal control board's call to cut a public pension system by 10 percent, furlough tens of thousands of government workers and eliminate Christmas bonuses.