U.S. Supreme Court justices signal reluctance to overturn appointments to Puerto Rico's federally created financial oversight board in a dispute that could derail the restructuring of ~$120B of the bankrupt U.S. territory's debt, Reuters reports. More news on: MBIA Inc., Ambac Financial ...

The key concept in negotiation is finding the Zone of Possible Agreement (or ZOPA) – the gap between what is acceptable for either counterparty to sacrifice in order to get what they want. In a salary negotiation, you may want your boss to pay you $2.5 million per year while your boss...

Ambac Financial (NASDAQ: AMBC )  advances 2.6%  after New York state's court of appeals issued a ruling that preserves Ambac's breach of contract and fraudulent inducement claims against Countrywide/Bank of America ( BAC -1% ) and eliminates a jury trial in favor of a bench trial...