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Donald Trump has been indicted following a years-long investigation by Manhattan prosecutors that has led to the first criminal charges against a former US president in the country’s history, according to his lawyers. “President Trump has been indicted. He did not commit any crime. We will vigorously fight this political prosecution in court,” his lawyers
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A small Texas public school district’s underlying junk bond ratings are under pressure as it deals with financial woes that led to a state-appointed monitor. Last week, Moody’s Investors Service downgraded Tioga Independent School District’s Ba3 general obligation bond issuer rating to B1 with a negative outlook, affecting about $5.3 million of debt outstanding as
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Municipals were little changed throughout most of the curve in secondary trading Wednesday as the primary took focus with the sale of $1.2 billion of general obligation bonds from New York City in two deals. U.S. Treasuries were weaker and equities rallied. The two-year muni-UST ratio was at 59%, the three-year at 59%, the five-year
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Isaac Perlmutter, the billionaire who sold Marvel to Disney in 2009 and had clashed with the company’s chief executive Bob Iger, has been ousted as part of the company’s round of job cuts, according to people familiar with the matter. Perlmutter was chair of Disney’s Marvel Entertainment unit, which has become a blockbuster-making juggernaut for the
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Arizona’s governor blocked an attempt to bar companies that “discriminate” against the firearm industry from state and local government contracts by vetoing the bill Tuesday.  Senate Bill 1096 passed the Republican-controlled Senate in February and House last week in tight votes of 16-13 and 31-29, making a veto override attempt improbable. Arizona Democratic Gov. Katie
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