FiberTower Corp. (FTWR) Tuesday said it has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code.
The filing includes a proposed plan of reorganization for FiberTower, which is expected to eliminate the company's long-term debt.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.