Watchdog report said that New York City has already paid over $13 million in fiscal year 2015. This move is an effort to settle a rising personal injury claims from its jails, particularly the Rikers Island complex
Former F1 racer, Michael Schumacher is still on his way to recovery from the horrific skiing accident in 2013 which left him in an unhealthy state. Several reports have surfaced regarding his condition claiming that he is now able to walk, however, Schumacher's official spokesperson Sabine Kehm has denied false statements.
A judge ruled that the Securities and Exchange Commission could take Daniel Mudd to trial over hiding Fannie Mae's exposure to risky loans. Mudd previously appealed to have the trial dismissed over lack of evidence.
Engility Holdings Inc. has announced its new CEO after Tony Smeraglinolo stepped down. It declared former Raytheon Intelligence, Information and Services president Lynn Dugle for the job aiming for organic growth and repayment of debt.
