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Credit Rating News

City fights for Visteon retireesSaturday, March 13, 2010 @ 6:04AMCONNERSVILLE, Ind. -- Visteon retirees might know by Tuesday whether their health and life insurance benefits will continue while an appeal on those benefits is pending in federal court.

Home-improvement fraud allegedSaturday, March 13, 2010 @ 5:55AMLOWELL -- A Nashua, N.H. contractor, already facing federal wire-fraud charges in New Hampshire, has been charged in Massachusetts with home-improvement fraud after authorities say he bilked a Chelmsford couple out of thousands of dollars and nearly left them homeless when he took their money, but failed to complete the job.

Burlington faces decision on auditSaturday, March 13, 2010 @ 5:11AMThe question for Burlington Mayor Bob Kiss and Chief Administrative Officer Jonathan Leopold as the city’s annual audit is prepared is how to describe the $17 million hole in the city’s accounts.

Burlington faces decision on auditSaturday, March 13, 2010 @ 5:04AMThe immediate issue facing the city is that the $17 million the city spent on BT is described in the audit as an "asset" to BT — but without a plan to repay the money to the city, it must be recorded as a city deficit, said city councilor Karen Paul, I-Ward 6. That, in turn, would exhaust the fund reserve and could result in further drops in the city's credit rating.

EAST WINDSOR: Resident finishes life's work of deceased friendSaturday, March 13, 2010 @ 4:53AMWhen former Princeton University political science professor Manfred Halpern was told by doctors he only had three weeks to live, he asked his friend, colleague, former student and East Windsor resident David Abalos to finish his life’s work for him.

Atlanta Thrashers Team ReportSaturday, March 13, 2010 @ 4:48AMIt was a must-win game Friday, but the Thrashers showed up too late.

Facing tighter budgets, more homeowners are rethinking remodelingSaturday, March 13, 2010 @ 4:20AM(ARA) - With more Americans downsizing their household budgets, larger-scale renovation projects are out and frugal remodeling is in.

S&P lowers Jordan's credit ratingSaturday, March 13, 2010 @ 3:48AMS&P lowers Jordan's credit rating

HIGHTSTOWN: Ratner advances to state wrestling finalsSaturday, March 13, 2010 @ 3:34AMHightstown High’s Gregg Ratner and Cherokee’s Jeff Schaefer both pinned each other during action in the Region 7 Wrestling Tournament, held this past Saturday at Robbinsville High School. Fortunately for Ratner, he followed the advice of his coach.