Chicago school board approves budget, major borrowing plan
CHICAGO (Reuters) – The Chicago Board of Education on Wednesday signed off on a $5.46 billion fiscal 2017 operating budget, property tax hike, and a borrowing plan that calls for up to $945 million of long-term bonds and $1.55 billion of short-term deb…
Turing accused of retaliation after executive’s sexual assault complaint
(Reuters) – The chief commercial officer of Turing Pharmaceuticals LLC, whose founder Martin Shkreli stepped down as chief executive last year after being charged with securities fraud, has filed a federal complaint accusing Turing’s co-founder of sexu…
‘Pink slime’ maker drops targets in defamation case against ABC
CHICAGO (Reuters) – Meat processor Beef Products Inc has dropped more than half the defendants from a lawsuit over its allegations that TV network ABC and others defamed a meat filler critics have dubbed “pink slime.”
New York City hospitals settle Medicaid repayment fraud charges
NEW YORK (Reuters) – Three hospitals in New York’s Mount Sinai Health System will pay $2.95 million to settle Medicaid fraud charges for taking two years to repay more than $844,000 of improper billings that had been flagged by a whistleblower, authori…
Chicago’s detective force dwindles as murder rate soars
CHICAGO (Reuters) – Every two weeks, Cynthia Lewis contacts the detectives investigating the homicide of her brother on Chicago’s south side almost a year ago.
Brooklyn D.A. to pay $15,000 fine for dining out on office funds
NEW YORK (Reuters) – The Brooklyn district attorney has agreed to pay a $15,000 fine to settle allegations that he violated New York City’s conflicts of interest law by using office funds to pay for meals.
North Carolina investigates police shooting of deaf driver
(Reuters) – North Carolina’s top safety official has appealed to the public and the media not to rush to judgment over the fatal shooting of a deaf driver by a Highway Patrol trooper until an investigation is completed.
Special Report: How Delaware kept America safe for corporate secrecy
DOVER, Delaware, (Reuters) – In 2009, a global coalition was pressing governments to lift the veil on corporate secrecy. Its members – U.S. President Barack Obama’s administration, influential senators, international law enforcement agencies, anti-corruption activists and major American allies — presented a formidable front in their campaign against money laundering and tax evasion.
California bill to repeal ‘tampon tax’ heads to governor
SACRAMENTO, Calif. (Reuters) – California lawmakers on Tuesday sent a bill to end state sales taxes on feminine hygiene products to Democratic Governor Jerry Brown, the latest success for a nationwide bipartisan effort to end the so-called tampon tax.
New York Times says suspected Russian hackers targeted Moscow bureau
WASHINGTON (Reuters) – The New York Times said on Tuesday its Moscow bureau was targeted by a cyber attack this month but that there was no evidence the hackers, believed to be Russian, were successful.
