The U.S. Treasury's new plan to help bail Puerto Rico out of its $70 billion debt will favor the retirees, banking on an almost depleted pension fund, over bondholders who claim they are also now facing huge losses because of their investments.
The proposed merger between Charter Communications Inc., Time Warner Cable Inc., and Bright House Network, and the duopoly it will create over two thirds of U.S. households have created seriious concern among five Democratic senators including presidential contender, Bernie Sanders.
Amid protests from Amnesty International and human rights group, deportation of the Syrian refugees seeking asylum from Russia was halted. The reprieve has been issued after the European Court of Human Rights issued an emergency ban.
A passenger that was battered by a major storm in the Atlantic Ocean filed a lawsuit against the Royal Caribbean. The court case filed by the passenger's attorney said that the ship already knew or should have known of the storm.
