Fitch downgrades credit rating of Chicago in wake of pension ruling
Fitch Ratings downgraded Chicago’s credit to the lowest investment grade levels after the Illinois Supreme Court shot down Mayor Rahm Emanuel’s plan to cut pension benefits.
Law & Society
Al Qaeda-claimed Territory in Yemen suspected to have been bombed by the US air strikes and kill 14 militants. The air strikes destroyed the militants' headquarterd buildings and bases in the southern coastal Abyan province.
The tax that was imposed by the Puerto Rican governemnt to Walmart is unconstitutional according to the judge's decision. This turn of events will slow down the process of the country's effort in making their economy better.
A former executive of an audio-visual equipment company has pleaded guilty to insider trading. On Monday, a former executive of Harman International Industries has pleaded guilty to insider trading in the company's stock.
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