The deal worked out by the city's emergency manager, Kevyn Orr, includes shedding $7 billion in debt and borrowing hundreds of millions to implement the strategy.
Among those held were the alleged owner and operator of Silk Road 2.0 in San Francisco. The underground online markets seized Thursday allow users to anonymously buy illegal products and services.
An industry group calls an attempt to regulate the career college industry "unlawful, arbitrary and irrational."
The economy added 214,000 jobs in October, less than the 248,000 produced in September, but just enough to continue pushing the unemployment rate down.
S. Donald Stookey discovered glass ceramics in 1952 — the fortuitous outcome of an experiment gone wrong.
On Friday, the Labor Department releases the October employment report. Economists think employers added about 230,000 jobs to payrolls last month. The unemployment rate is expected to stay the same at 5.9 percent.
The face of manufacturing has changed. In the future, the pool of workers is expected to be smaller. And if workers want to succeed, they'll need continuous improvement with on-the-job education.
The judge must decide if the plan is fair to Detroit's creditors and feasible for the city to accomplish, as it seeks to shed $7 billion in debt and invest more than a billion in city services.
Last week, a commercial spaceship built by Virgin Galactic crashed during a test flight. More than 700 had signed up for flights on the craft, and many are sticking with the project — for now.
The Chinese island is renowned as a gambling capital and a place to launder cash. An anti-graft campaign has driven away high rollers and others dependent on its shady financial services.
The online video giant has just opened a gleaming new production studio in Manhattan. It's part of an effort to attract new viewers — and ultimately compete with companies like Netflix and Hulu.
The Center for Public Integrity calculates that KTUU in Anchorage ran more U.S. Senate ads this cycle than any station in the country.
Airlines say they expect an uptick in Thanksgiving travel. This November, jet fuel prices are down, but carriers are using the saved money to upgrade equipment and software rather than cut fares.
Are you ready to bring an eavesdropping device that's connected to the cloud into the privacy of your abode? Amazon thinks so, as it introduces Echo, a speaker that takes your questions and commands.
Pro-cannabis ballot measures were approved in Oregon, Alaska and Washington, D.C. in the midterms. Robert Siegel checks in with Chris Walsh, managing editor of Marijuana Business Media.
Republicans will control both houses of Congress, giving energy firms allies on Capitol Hill. Among the issues lawmakers may take up: the Keystone XL pipeline and lifting the ban on crude exports.
GOP Sen. Lisa Murkowski of Alaska is set to head the Energy and Natural Resources Committee. It can be easier for her oil-reliant state to adapt to the changing climate rather than address its causes.
Apprenticeship programs have been in decline, but South Carolina is bucking the trend. Nearly 11,000 apprentices have been trained there since 2007 in fields ranging from manufacturing to nursing.
Tuesday's elections weren't just bad news for Democrats. Oil giant Chevron got clobbered in a city election in Richmond, Calif., that was widely seen as a referendum on the company itself.
The American Beverage Association poured tons of cash into the effort to defeat the penny-per-ounce sugary-drink tax. But the effort to pass the tax also got cash infusions from some big-name donors.