BIRMINGHAM, ALABAMA-Yesterday, the Jefferson County Commission in Alabama voted to file for Chapter 9 bankruptcy. This makes this bankruptcy filing the largest municipal bankruptcy in U.S. history. The previous record was when Orange County filed in California in 1994.
SCOTTSDALE, ARIZONA-Just as Herman Cain sought to rescue his presidential campaign from allegations of sexual harassment with a nationally televised news conference to publicly deny the accusations laid out by Sharon Bialek, another woman has stepped forward to level more charges.
WASHINGTON D.C.-Secretary of the Interior Ken Salazar yesterday announced the Proposed Outer Continental Shelf (OCS) Oil and Gas Leasing Program for 2012-2017, which makes more than 75 percent of undiscovered technically recoverable oil and gas resources estimated in federal offshore areas available for exploration and development.
LOS ANGELES, CALIFORNIA-The verdict was read yesterday in the case of Michael Jackson's doctor. Dr. Conrad Murray, age 58, sat quietly in a gray suit and blue tie as the verdict was read from the 7 man, 5 woman jury. He was found guilty of one felony count of involuntary manslaughter concerning the death of […]