(Recasts with vote by general retirement system board, adds comments from law professor)
April 16 - Detroit's General Retirement System board on Wednesday passed a resolution supporting economic terms of a proposed settlement that is a key component in the city's historic bankruptcy case, according to a spokeswoman for the system.
FRANKFURT, April 16 - German luxury fashion company Strenesse, once known for dressing the German national soccer team at official events, has filed for insolvency, it said on Wednesday.
April 16 - Detroit's two pension systems reached tentative settlements with the bankrupt city over major financial issues late on Tuesday, a significant step in Emergency Manager Kevyn Orr's effort to roll up agreements with major creditor groups.
* Tokyo court rules 'difficult' for bitcoin exchange to revive
April 16 - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.
April 16 - Defunct bitcoin exchange Mt. Gox has given up plans to rebuild under bankruptcy protection and has asked a Tokyo court to allow it to be liquidated, the Wall Street Journal reported, citing people familiar with the situation.
April 16 - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
April 15 - Michigan officials and President Barack Obama's Administration are discussing a plan to free up $100 million in federal money to aid Detroit's retired city workers, the Detroit Free Press reported on Tuesday.
* Deal with pension funds may be close (Add statement from city emergency manager, filings by creditors, judge's ruling on hearing motion)
- M&A: UPDATE 1-Fidelity Contrafund avoids Big Oil, adds to Tesla stake
- IPOs: Online dating website Zoosk files for IPO of up to $100 mln
- Private Capital: UPDATE 2-Post Holdings nears $2.5 bln deal for Michael Foods -source
- Hedge Funds: Apocalypse Now? China 'bears' hope for their "told you so" moment
- Regulatory News: UPDATE 1-Offshore driller Noble's first-quarter earnings beat view
Free Deals Newsletter
Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.
Dicta Sunt Quae Nihil. Doloremque Amet Nostrud Natus Architecto Natus. Rem Do Incidunt Quisquam.
- Modi says committed to no first use of nuclear weapons
- Journalists smeared me over Gujarat riots - Modi
- Over 280 missing after South Korean ferry capsizes
- Bale stunner claims Spanish Cup win for Real over Barca
- Ocean floor search for missing Malaysia plane cut short again
- BlackBerry's meltdown sparks start-up boom in Canada's Silicon Valley
- Supreme Court recognises transgenders as third gender in landmark ruling
- Priyanka Gandhi steps up to fight for Congress party
- Ukraine launches 'gradual' operation, action limited