- Japanese bitcoin exchange files US bankruptcy case Updated: Mar-10-14 5:47 pm
- Detroit draws first map to get out of bankruptcy Updated: Feb-21-14 6:38 pm
The collapse of Japan's Mt. Gox bitcoin exchange is spilling into U.S. bankruptcy court as the company scrambles for legal cover after losing digital currency valued at $473 million.
DETROIT - Detroit presented its first full road map for leaving bankruptcy Friday, outlining an elaborate plan to restructure $18 billion in debt, demolish thousands of blighted homes and invest in the broken-down infrastructure that has made the city a symbol of urban decay.