The planned acquisition of Energy Transfer Equity to its peer pipeline company Williams Co is on troubled waters. Certain provisions over the tax opinions have kept both companies in disagreement.
On Monday, UBS AG went to trial over the $2.1 billion in losses that investors incurred on mortgage-backed securities after the collapse of the U.S. housing market.
US President Barack Obama's bid to save his proposal to spare immigrants from deportation and give them work permits instead faced tough situation on Monday at the U.S. Supreme Court .
Almost $64 million in debt payments are sinking the Detroit Public Schools (DPS), underlining the need for a long-term state legislative fix, according to a report released on Monday by the district's state-appointed transition manager.
