Detroit Bankruptcy Battle Begins In Federal Court

The city’s plan to restructure its debt has been praised as a creative way to protect both pensioners and its art museum. But some creditors — and residents — feel like they’re being railroaded.

Eric Cantor Joins Wall Street Investment Bank

Former House Majority Leader Eric Cantor is joining the boutique investment bank Moelis & Company. The Virginia Republican was unexpectedily defeated in a June primary.