Litigation

Solicitor General Fadwa Hammoud and special prosecutor Kym Worthy said they will expand the investigation based on new evidence.

Four California and Chicago school districts are among issuers to earn negative outlooks in Fitch revisions after a ruling in Puerto Rico's bankruptcy.

The lawsuit filed in federal court is now the second national suit alleging fraud in the variable-rate debt market.

The company that bought Vernon's power plant is suing the city in a case over whose fault it is that the plant operated below full capacity.

Banker Peter Cannava may be left to battle on alone, after the Securities and Exchange Commission and Wells Fargo told a federal court they have an agreement.

The California Supreme Court left the so-called California Rule on pensions untouched in a ruling favoring the state's right to eliminate an "air time" benefit.

The scope of the court's ultimate ruling in the first of five pension-related cases on its docket remains unclear after Wednesday's oral arguments.

The case may challenge the California Rule, which has thwarted efforts to cut pension benefits.

The California Supreme Court will hear oral arguments Dec. 5 on a case to decide what pension rights are vested for government employees in the state.

The U.S. Supreme Court case heightens the risks for Georgia, because authorities could be forced to borrow to build alternate water systems.