Publisher Houghton Mifflin Harcourt filed for Chapter 11 bankruptcy protection Monday to restructure $3.1 billion in debt and reduce annual interest costs by around $250 million.
China can now bypass Wall Street when buying U.S. government debt and go straight to the U.S. Treasury, in what is the Treasury's first-ever direct relationship with a foreign government, according to documents viewed by Reuters.
Researchers found that more than 2,000 defendants who were falsely convicted of serious crimes have been exonerated in the past 23 years.
Dharun Ravi, a former Rutgers student, has been sentenced to 30 days in jail after being convicted of criminal charges including invasion of privacy and tampering with evidence.The sentencing comes two months after Ravi was convicted of crimes that provoked the suicide of his Rutgers University roommate Tyler Clementi.
Ravi was sentenced to 30 days in jail for broadcasting Clementi's sexual encounter with a man days before the teenager committed suicide.
Led by New York's Eric Schneiderman, a group of 23 Democratic and Republican attorneys general asked the U.S. Supreme Court Monday to uphold Montana's ban on direct corporate spending in local campaigns.
A former Rutgers University student was sentenced on Monday to 30 days in prison for hate crimes after spying on his roommate's gay encounter with another man.
Graduation speeches don't always have to be a bore. Here are seven graduation addresses delivered to the Class of 2012 that imparted nuggets of wisdom. Others just plain made us laugh and some mixed both sound advice with comedic moments.
Extra onions and ketchup in two McDonald's cheeseburgers resulted in two angry men heavily vandalizing a Tennessee branch of the restaurant.
In the case of a prenuptial agreement, Mark Zuckerberg and Priscilla Chan would have agreed exactly how to split assets, which obviously includes Facebook stock.
President Barack Obama raised nearly twice as much as likely Republican nominee Mitt Romney in April, but the pro-Romney Restore Our Future won the battle of the Super PACs.
With no end in sight to the Air India Pilots' Strike that entered its 14th day Monday, Civil Aviation Minister Ajit Singh would meet the Air India Union leaders later in the day to resolve the ongoing crisis. The strike has cost the national carrier over Rs. 23 billion.
Abdel Baset al-Megrahi, the only person convicted for the 1988 Lockerbie bombing over Scotland, which killed 270 people, has died at home in Libya, his brother said Sunday.
Watch live coverage from Rome of Rafael Nadal Vs. Novak Djokovic and Maria Sharapova Vs. Li Na, plus a full preview and prediction.
Far from the politics of Santiago and within eyeshot of each other are two projects that epitomize a growing divide in Chile: the $10 billion HidroAysen dam scheme and the proposed Patagonia National Park.
Air India is planning to hire retired pilots for flying international routes even as a strike by a group of pilots entered the 12th day Saturday.
Where to watch live coverage of the semi-finals of both ATP and WTA Tour events from Rome, plus read a full preview of the action.
A wealthy Chinese criminal whose flight to Canada had embarrassed both governments for more than a decade was sentenced to life for bribery, smuggling, and tax evasion.
New York Police Commissioner Ray Kelly made some changes to the controversial stop-and-frisk policy that disproportionally affects young black and Latino men.
A day after the largest bank in Japan agreed to comply with a U.S. District Court order barring it from doing business with Iran, bankers and government officials in Tokyo are reportedly trying to find a way to circumvent the commercial embargo.
Desmond Hatchett is hoping state officials from Tennessee will show him leniency because he cannot pay his child support for his 30 children with 11 different women.
East Texas has been shaken this past week by two earthquakes, and the region's natural gas drilling could be what has triggered them.
