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Bankrupt San Bernardino, Calif., warns it may contract out services, raise debt

Paul Glassman, San Bernardino's bankruptcy attorney, told the federal judge overseeing the city's bankruptcy that a rejection by voters on Tuesday of a pay-cutting ballot measure for police and firefighters was a "gamechanger" that had thrown the restructuring plan off track. Lawyers for San Bernardino's police and fire unions reacted with dismay and anger...
Source: Reuters | By: Tim Reid
UPDATE 1-Continued weak bullion may derail Kinross Tasiast mine expansion

Nov 5- Kinross Gold Corp is unlikely to go ahead with the expansion of its Tasiast gold mine in Mauritania if the price of gold does not recover from current weaker levels, Chief Executive Paul Rollinson said on Wednesday. Gold price matters and we are watching it closely, "he said after Kinross released quarterly results that beat market expectations.
Source: Reuters | By: Nicole Mordant
Coach snags new shoppers-at a cost

Coach is upbeat about its Stuart Vevers' collection, a key part of its turnaround plan, but investors may need more convincing as shares tumble.
Source: CNBC.com | By: Courtney Reagan