Needy Illinois schools face anxiety over looming state aid cutoff
CHICAGO (Reuters) – Illinois’ most financially distressed school districts appear capable of opening on schedule this month, but some may face shutdowns in September and possible bond-rating downgrades if $6.7 billion in state education funding remains frozen by a new round of political deadlock.
Jury ends third day of deliberations in Shkreli trial with no verdict
NEW YORK (Reuters) – Jurors in the U.S. fraud trial of former drug company executive Martin Shkreli deliberated for a third day on Wednesday without reaching a verdict.
Prosecutors will not bring charges over 2015 death of New York inmate
NEW YORK (Reuters) – Federal and New York state prosecutors will not pursue criminal charges in the death of a state prison inmate following an altercation with guards in 2015, officials announced on Wednesday.
Pistol-packing Tennessee bride arrested after pulling gun on new husband
Just hours after saying “I do,” a Tennessee bride pulled a 9 mm pistol from her wedding dress, pointed it at her groom and pulled the trigger, according to court documents and media reports.
U.S. court puts Metlife ‘too big to fail’ case on indefinite pause
WASHINGTON (Reuters) – A U.S. appeals court on Wednesday decided to put the federal government’s appeal in a lawsuit involving MetLife Inc. on indefinite pause to allow time for Treasury Secretary Steven Mnuchin to finish reviewing how the government d…
Comey signs book deal after abrupt end to FBI career
(Reuters) – Former FBI Director James Comey, who was fired by U.S. President Donald Trump, has signed a deal for a book on leadership and decision-making that will come out in spring 2018, the publisher said on Wednesday.
Rights groups assail Justice Department over college race probe
WASHINGTON (Reuters) – Civil rights groups slammed the Trump administration on Wednesday over a U.S. Justice Department plan to probe whether colleges’ racial-preference admissions programs discriminate against white and Asian-American applicants.
Prosecutors say Boston hedge fund’s manager defrauded investors
BOSTON (Reuters) – Federal prosecutors on Wednesday accused the manager of a Boston-based hedge fund of defrauding investors out of millions of dollars, nearly two months after state regulators charged him with engaging in a Ponzi-like scheme.
Major U.S. transgender case remanded after student graduates
(Reuters) – A U.S. appeals court on Wednesday returned a major transgender rights case to a lower court to determine whether it is still valid because the plaintiff, a student suing his school district, has graduated from high school.
Ex-CEO of Rentboy.com gets six months for promoting prostitution
NEW YORK (Reuters) – The former chief executive of Rentboy.com, who ran what prosecutors called the largest U.S. online male-escort service before pleading guilty to promoting prostitution, was sentenced on Wednesday to six months in prison.
