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Goodrich Petroleum has filed for bankruptcy protection with the goal of eradicating its almost $400 million debt. The move comes after the debt-for-equity swap failed.

A judge in Wisconsin has denied the appeal of the lawyers for the girls accused in Slenderman stabbing. The judge won't lower the bond from $500,000 to $5,000. The trial is still pending as they await for the court's decision if the case would be tried in the adult court.

The U.S Congress is brewing up different plans in helping Puerto Rico get rid its massive debt crisis. Several roadblocks in the Congress itself, however, need to be cleared to make the plan happen.