Federal prosecutors in Massachusetts already launched a civil rights probe into the Boston Latin School. This came after black students filed their complaints that the school administration ignored incidents of racism.
The office of President Barrack Obama will place a law professor and a former congressional staff as new leaders in the Commodity Futures Trading Commission. The comission's main function is to handle the derivative marketplace.
The US Supreme Court on Wednesday hears a crucial abortion case for the first time in nearly a decade, not involving fetuses or the mother, but rather admitting privileges of physicians and abortion facilities.
Lenders to a subsidiary of Ultra Petroleum Corp gave it a waiver on more than $100 million in payments that were due March 1.
