A lender to Trump SoHo, the upscale Manhattan hotel and condominium that Donald Trump unveiled on his television show The Apprentice, is foreclosing on the property and putting it up for sale, said people familiar with the matter.
Elon Musk's space venture could be cleared to launch rockets for the Pentagon by Dec. 1, a senior U.S. Air Force official said. The planned certification of the Falcon rockets would allow SpaceX to challenge a joint venture between Boeing and Lockheed Martin.
A congressional report harshly criticizes the National Highway Traffic Safety Administration for failing to catch a deadly GM safety defect despite years of complaints and for since taking no action to prevent its failure from happening again.
The U.S. consumer-finance regulator sued troubled for-profit education firm Corinthian Colleges Inc., alleging the company prodded students into taking out unaffordable loans and used aggressive debt collection tactics.