Ferguson, which is recovering from riots following the August shooting death of an unarmed black teenager by a white policeman, plans to close a budget gap by boosting revenue from public-safety fines and tapping reserves.
Read More »BP appeals spill ruling that may spell $18 billion in fines
BP Plc challenged a federal judge’s ruling that the company’s exploration unit acted with gross negligence in causing the 2010 Gulf of Mexico oil spill, a decision that exposed the U.K.-based energy company to as much as $18 billion in fines under U.S. law.
Read More »A new guide to trading on inside tips without going to prison
After a federal appeals court overturned two prominent insider-trading convictions Wednesday, new legal questions have sprung up about the chain of information that winds through the financial markets. For some participants, avoiding prosecution just got easier.
Read More »Ferguson businesses get loans, Treasurer Zweifel Says
State Treasurer Clint Zweifel spoke about his office’s response to protests in Ferguson and his estimate for rebuilding costs to be “in the millions.”
Read More »Older Americans buoy housing with high ownership rate
Older homeowners have emerged as the pillar of the housing market following the collapse in 2008.
Read More »Police killings show race-frozen U.S. politics powerless to heal
Police shootings of blacks by white officers are exposing the intractability of racial distrust in the U.S. and the inability of institutions to dispel it.
Read More »U.S. plans civil-rights probe of police chokehold death
The U.S. Justice Department will conduct a civil-rights investigation into the death of a black Staten Island man after a state grand jury cleared the white New York City police officer who held him in a chokehold.
Tagged with: Eric Garner
Read More »Police violence cases unlikely to derail Lynch’s confirmation
President Barack Obama’s nominee to be the next attorney general probably won’t face confirmation trouble because of her role leading a federal probe into the choke-hold death of a black man by a white New York policeman.
Tagged with: Loretta Lynch
Read More »Dwindling of police hinders plans for relationship building
President Barack Obama’s push to mend relations between police and struggling communities faces a challenge: Cities like Jennings have fewer officers around to create goodwill.
Read More »Takata says demand for national air-bag recall is premature
Takata Corp. defended its rejection of demands to expand air-bag recalls across the U.S., saying regulators didn’t provide enough notice and the company is already taking measures to improve safety.
Read More »‘Unpatriotic loophole’ targeted by Obama costs U.S. $2B
U.S. companies that have already carried out inversions are likely to cost the government a record $2.2 billion or more in lost tax revenue next year, double the amount in 2014, according to calculations based on companies’ financial results.
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