Talks between Argentina and holdout bondholders collapsed Wednesday. With no additional talks scheduled, it appears Argentina has defaulted for the second time in about 12 years.
Under new bipartisan legislation, colleges and universities could face strong new penalties for mishandling cases of sexual assault on campus. Critics question whether they can be implemented.
Congress leaves some significant business unfinished as it goes on break. But the talk of Washington and beyond is Wednesday’s vote by House republicans to authorize a lawsuit against President Obama.
The Senate is expected to pass the measure this week. It would expand government programs and provide funds for vets who are unable to access VA services to see private doctors.
House Republicans say that the president has overstepped the bounds of his executive authority. President Obama dismissed the move as a “political stunt.”
A food blogger says dozens of distilleries are buying rye whiskey from a factory in Indiana and using it in bottles labeled “artisan.”
Both the Commerce Department and the Federal Reserve gave the economy good marks after years of slack performance. The Fed still frets about jobs but generally is upbeat, predicting “moderate” growth.
Israel’s army declared a humanitarian cease-fire on Wednesday but said it did not apply to all areas. A market that Palestinians had thought was safe was hit, killing 17 and wounding dozens more.
The tiny European country of Moldova isn’t known for much of anything, and especially not its wine. But its winemakers are trying to find new export markets and overcome their post-Soviet reputation.
Hamas militants are using tunnels in and out of Gaza to strike inside Israel. Israelis are questioning how the tunnels grew to be so complex and why the military hasn’t been able to shut them down.
Arthur T. Demoulas, chief executive of the New England grocery chain Market Basket, was pushed out by his cousin in a boardroom struggle. Protesting employees have brought business to a standstill.
A jury had found the bank liable for fraud related to mortgages sold by its Countrywide Financial unit last October. Bank of America may appeal.
An explosion rocked a crowded Gaza market during what was expected to be a lull in the fighting. Earlier in the day a United Nations school was hit by what U.N. officials say was Israeli artillery fire, killing at least 15 people. Meanwhile, rocket fire from Gaza continues to be fired into Israel.
Wildfires are ravaging thousands of square miles on the West Coast, though officials say that this wildfire season has been tamer than average. Still, responding to these fires has proven costly, and the Obama administration is reevaluating how it pays for fighting them.
A bipartisan group of senators has introduced new legislation aimed at combating sexual assault on American college campuses. If passed, the bill would force colleges to handle accusations more aggressively and provide advocates for victims.