By Brendan O'Brien (Reuters) - A single winning ticket for a record Powerball lottery jackpot worth $590.5 million was sold in Florida, organizers said late on Saturday, but there was no immediate word about who won one of the largest jackpots in U.S. history. The winning numbers from Saturday night's drawing were: 10, 13, 14, 22 and 52, with a Powerball number of 11. The odds of winning were put at 1 in 175 million. The winning ticket was sold at a Publix supermarket in Zephyrhills, a suburb of Tampa, according to the Florida Lottery. ...
By Hilary Russ (Reuters) - In Harrisburg, Pennsylvania's cash-hungry capital city, local political battles are waged much as they are across the United States: with big personalities and bare-knuckled verbal brawls. But unlike most cities, Harrisburg's financial troubles have thrust it into the national spotlight, most recently with a slap from the U.S. Securities and Exchange Commission for fraud. Financing for a single incinerator has been driving the city toward insolvency since 2009. The $3.7 trillion U.S. ...
By Bernie Woodall and Karen Pierog DETROIT (Reuters) - Bond restructurings, negotiated settlements with bondholders and bond insurers, and tough talk with unionized workers are on the agenda as Detroit's emergency financial manager tries to meet a self-imposed, six-week deadline to decide whether the city can get through its financial crisis without a bankruptcy filing. Kevyn Orr, a former bankruptcy lawyer, in his first report to the state of Michigan since Governor Rick Snyder appointed him, laid out last week a bracing picture of steps he may need to take to address the city's troubles. ...


















