By Richard Weizel BRIDGEPORT, Connecticut (Reuters) - Thousands of Connecticut commuters should brace for travel chaos on Monday as Metro-North workers repair damage on the United States' busiest rail line caused by the collision of two trains, officials warned on Sunday. Lengthy detours and hours of traffic backups were likely as many daily train commuters take to the road, officials said. ...
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. ...