In Yellow bankruptcy, pension fund, governments and other unsecured creditors could come up short
Once the bankrupt trucking company satisfies three big debts totaling about $ 1.2 billion, the remaining unsecured creditors will face real challenges being made whole. This includes the pension fund for union workers: Its claim probably will be “in the billions.”
Nashville Business News – Local Nashville News | The Nashville Business Journal
French court approves Macron’s plan to raise pension age as nationwide protests rage on
France’s Constitutional Council on Friday approved President Emmanuel Macron’s controversial raising of the retirement age.
International: Top News And Analysis