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S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations"
S&P Slashes New Orleans' Credit Rating On "Structurally Imbalanced Operations"
New Orleans, home to Mardi Gras and muffulettas, has been governed by Democrats for decades, so it should come as little surprise that S&P Global Ratings has slashed the city's obligation rating to the third-lowest level of investment grade and placed it on a negative outlook.
S&P Global Ratings cut New Orleans' general obligation rating by one notch to BBB+ with a negative outlook, citing structurally imbalanced finances, shrinking reserves, and growing reliance on one-time desperate measures to meet cash needs.
"The...
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Apr 27, 2026 / Tyler Durden
More Than 40 Mexican Mafia Members And Associates Indicted In California: DOJ
More Than 40 Mexican Mafia Members And Associates Indicted In California: DOJ
Authored by Aldgra Fredly via The Epoch Times (emphasis ours),
A total of 43 alleged members and associates of the Mexican Mafia prison gang were arrested this week on multiple charges, the U.S. Attorney’s Office in the central district of California said on April 23.
The Department of Justice in Washington on March 11, 2026. Madalina Kilroy/The Epoch Times
The U.S. Attorney’s Office said the total includes individuals already in custody, with 25 of them being arrested in Orange County, California,...
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Jun 29, 2026 / Tyler Durden
NANO Nuclear Rises On Potential Power Plant, Dual-Listing In Abu Dhabi
NANO Nuclear Rises On Potential Power Plant, Dual-Listing In Abu Dhabi
Over the past year, we've tracked NANO Nuclear’s reactor, fuel, and supply chain programs closely through nearly every milestone. After branching into the Asian market and then making the formal transition to a revenue generating company, the company is now working on their next frontier in the UAE.
According to Semafor, the company is actively working to restart its UAE partnership after delays caused by the Iran war. The update builds on NANO Nuclear's February announcement of a Memorandum of Understanding...
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Sep 14, 2026 / Tyler Durden
John Brennan Subpoenaed As Part Of DOJ Investigation
John Brennan Subpoenaed As Part Of DOJ Investigation
Authored by Jack Phillips via The Epoch Times,
An attorney for John Brennan on Sept. 14 said the former CIA director was subpoenaed to testify next month before a grand jury as part of a Department of Justice (DOJ) investigation into whether former intelligence and law enforcement officials illegally conspired against President Donald Trump.
In a court filing submitted to the U.S. District Court for the District of Columbia, attorney Kenneth L. Wainstein confirmed that Brennan was asked by a federal prosecutor this past...
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