Puerto Rico filed for bankruptcy protection May 3, the largest-ever American municipal debt restructuring in history. As the U.S. territory seeks forgiveness in $73 billion to assorted creditors, an expert at Washington University in St. Louis says the situation should serve as a dire wake-up call to the municipal bond market.
As a European-based conglomerate prepares to buy U.S. restaurant chain Panera Bread, a finance professor at Washington University in St. Louis says the move points to the growth of the private equity industry as a viable alternative to the public market.
As the EPA takes next steps to replace the Clean Power Plan, an engineer at Washington University in St. Louis who studies fossil fuel combustion says this week’s move will make it difficult for power providers to plan for the future.
Chuck Berry, who died March 18, embodied the sound, attitude and mythology that defined the early days of rock and roll, says Patrick Burke, head of musicology in Arts & Sciences.
A pair of engineers at Washington University in St. Louis say proposed federal budget cuts to science programs and agencies could signal sweeping changes in the way our nation regulates and researches the environment.
A bill pending in the Missouri Legislature would make it more difficult for workers who experience discrimination or lose their job because of whistleblowing to hold their employers responsible, says an expert on employment law at Washington University in St. Louis.
The dean of Olin Business School at Washington University in St. Louis says while the Fed’s rate hike was widely anticipated, he would have liked to see the Fed hold off until President-elect Trump’s inauguration.