Hot Issues

A Huffington Post report pointed out that the fraud allegations the former employees of the Harris School of Business has highlighted the many and repeated noncompliance of for-profit colleges to the provisions of the country's federal gainful employment rule.

The financial restructuring plan of the city of Detroit filed with the federal court today involves paying off long-term obligations in full. The Wall Street Journal said pension funds and unsecured creditors could get reduced amounts of what the city owes.

A new lawsuit against media tycoon Calvin Darden Sr and company Darden Media Group in relation to the investor fraud allegations lodged against his son claimed that the parent company of Maxim magazine had met both Dardens and a letter of intention with regard to the sale of the magazine.