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Education Secretary Arne Duncan has said that some for-profit colleges lure students into expensive educational programs that don't increase employability, while leaving graduates and dropouts with crushing debt. (Bryan Bedder/Getty Images for TIME)

Education

For-profit college group sues to block pay rule

Bloomberg News -

February 26, 2014 5:00 am

Ernst & Young LLP was accused by the U.S. of failing to comply with an Internal Revenue Service request for documents in an investigation of the tax liability of Schaeffler AG Chairman Georg F. W. Schaeffler. (Spencer Platt/Getty Images)

Ernst & Young sued by U.S. over Georg Schaeffler tax probe

Bloomberg News -

February 26, 2014 5:00 am

Credit Suisse Group helped American customers hide as much as $10 billion in assets from the Internal Revenue Service, more than double the amount previously known, according to a U.S. Senate committee. (AP/Gaetan Bally)

Politics

Credit Suisse helped clients hide billions, Senate says

Bloomberg News -

February 26, 2014 5:00 am

Quebecor World creditors suffered another loss when the U.S. Supreme Court refused to allow an appeal in a lawsuit intended to claw back $376 million for early redemption of bonds three months before bankruptcy in January 2008. (AP/Paul Chiasson)

No Supreme Court appeal on Quebecor safe harbor

Bloomberg News -

February 26, 2014 5:00 am

Former company officers bought a business in bankruptcy, through confirmation of a Chapter 11 plan. The bankrupt company assumed the union contract, although it wasn't assigned to the buyers.

Sale didn’t enable buyer to avoid union contract

Bloomberg News -

February 26, 2014 5:00 am

The JPMorgan Chase headquarters stands in Midtown Manhattan. (John Moore/Getty Images)

Economy

Banks averting bond losses with accounting twist

Bloomberg News -

February 26, 2014 5:00 am

Shawn White, director of external operations for Keynote Systems, is shown in the data storage room at Keynote headquarters in San Mateo, Calif., in July 2009. (AP Photo/Paul Sakuma)

Technology

Switzerland shifting from bankers to bunkers in data push

Bloomberg News -

February 26, 2014 5:00 am

Gas slid as much as 12 percent as forecasters including MDA Weather Services said frigid weather in the Midwest and East through next week will ease starting March 7. (Photo: Thinkstock)

Energy and Environment

Natural gas heads for biggest 2-day drop in 11 years on weather

Bloomberg News -

February 25, 2014 5:00 am

New Jersey Gov. Chris Christie delivers his budget address for fiscal year 2015 to the state legislature on Feb. 25 at the Statehouse in Trenton, New Jersey. The $34.4 billion state budget proposes increased spending for schools and health care, and also includes the largest-ever payment to the public worker pension fund. (Photo by Jeff Zelevansky/Getty Images)

Education

Chris Christie proposes largest budget in New Jersey history on costs

Bloomberg News -

February 25, 2014 5:00 am

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