Enter multiple symbols separated by commas  Detroit bankruptcy
deal would limit pension cuts  A tentative agreement between the
city of Detroit and its largest union would limit pension cuts
to 4.5 percent instead of the 27 percent cuts proposed in the
bankrupt city's reorganization plan.  The city and American
Federation of State County and Municipal Employees (AFSCME)
Council 25, which represents the city's non-uniformed employees,
announced the settlement late Friday. If ratified by the union's
rank-and-file and approved by the state, the deal would clear a
major hurdle in the largest municipal bankruptcy case in U.S.
history. It would also set a major precedent for struggling
cities seeking to reduce their pension obligations in the face
of stiff union opposition.  Nonetheless, the agreement "presents
the best possible outcome under uniquely difficult
circumstances," the union said in a letter to members, obtained
by CNBC, urging them to vote yes.  "A 'no' vote risks much worse
outcomes for our active and