BIRMINGHAM, Ala. — The Alabama county that filed the largest municipal bankruptcy in U.S. history has worked out an interim agreement with a sewer bond trustee, agreeing to pay up to $5.5 million a month and that it no longer will withhold sewer system revenues for certain expenses. The Birmingham News ( http://bit.ly/AtMwNF) reports that [...]

Tulsa is ranked No. 4 among the unhappiest cities for work, according to a ranking by CareerBliss.com. In its annual list of the Happiest and Unhappiest Cities for Work, CareerBliss ranked Oklahoma City No. 3 under the happiest cities. According to the website, thousands of employees in the happiest cities say they’re most satisfied with [...]

Bank of America Corp., the second-biggest U.S. lender by assets, may reduce annual costs by as much as an additional $3 billion in the next stage of CEO Brian Moynihan’s efficiency plan. The lender, which already targeted $5 billion in expense cuts from retail and back-office operations, may reach total savings of $6 billion to [...]

With frosty weather predictions, industry investment and the state economic rebound, Michigan seems poised to produce a profitable winter for the state’s ski and resort areas. Despite a warm November that made Thanksgiving a bust for skiers, many Michigan ski areas say they are ready for snow-sport enthusiasts to take to the slopes. The three [...]

GIFI stands for General Index Of Financial Information. Created by the Canada Revenue Agency in 1999, the GIFI is a system which assigns a unique code to a list of items commonly found on income statements, balance sheets, and statements of retained earnings. The purpose of the GIFI is to allow the CRA to collect [...]