Roughly two-thirds of Haiti’s total debt was canceled Tuesday when three organizations that provide financial assistance to poor countries announced they’re forgiving $1.2 billion of what the Caribbean country owes.

Roughly two-thirds of Haiti’s total debt was cancelled Tuesday when three organizations that provide financial assistance to poor countries announced they’re forgiving $1.2 billion of what the Caribbean country owes.

June 30 (Bloomberg) — Cemex SAB , the largest cement maker in the Americas, submitted a proposal to creditors that aims to extend maturities on $14.5 billion of debt.

June 30 (Bloomberg) — Wal-Mart Stores Inc. said it supports legislation that would require large companies to offer health-care insurance to their workers, offering a boost to President Barack Obama ’s plans to revamp the system.

Instead of the government spending thousands advertising about senior abuse it should look at senior pensions. Living in poverty must be abuse! Ottawa must think: “What the heck, they’re old.[...]

FORT WORTH, Texas, June 30 (UPI) — American Airlines intends to sell $520 million in secured debt backed by 20 new planes appraised at $1.1 billion, a U.S. regulatory filing said.

June 30 (Bloomberg) — Oracle Corp. , the world’s second- largest software maker, plans to sell $4.5 billion of debt in a three-part offering, according to a person familiar with the transaction.

SeaBright Insurance Holdings Inc. said Tuesday that Robert P. Cuthbert resigned as the company’s chief financial officer, effective immediately.

Senators on a key committee are putting the finishing touches on a government health insurance option that they hope will win broad support among Democrats and the public.

All the Madoff sentencing does is reinforce the mood of distrust about Wall Street.