Market News

Puerto Rican utility nears deal to avoid default

Tue, 30 Jun 2015 20:13 GMT

It follows news earlier Tuesday that Puerto Rico will make a July 1 coupon payment of $645.2 million on its general obligation debt.

Apple conspired to fix e-book prices: US court

Tue, 30 Jun 2015 19:27 GMT

Apple lost its appeal after the 2nd U.S. Circuit Court ruled the tech company conspired to rise e-book prices.

Insured Puerto Rico debt holders in 'good shape'?

Tue, 30 Jun 2015 19:15 GMT

With Puerto Rico unable to pay its $72 billion debt, investors worry whether bond insurers can cover a looming default.

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INB's Dee Jason Promoted

Illinois National Bank’s Board of Directors recently promoted Dee Jason to Vice President, Riverton and Mt. Pulaski Branch Manager.

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