Saturday, July 20, 2013

Reuters: Money News: Detroit filing sends benefits' warning to other cities

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. 
Detroit filing sends benefits' warning to other cities
Jul 21st 2013, 04:29

NEW YORK (Reuters) - Many U.S. cities have a much better economic outlook than struggling Detroit, but the Motor City's bankruptcy filing on Thursday should still set off alarm bells elsewhere as the cost of paying retirement benefits swells.

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