Molycorp solidifies bankruptcy agreement with creditors
Molycorp has reached a deal with its creditors regarding its bankruptcy status. The company has filed bankruptcy after the prices of rare earth materials on the market went down.
Law & Society
General Motors ignition-switch test trials will continue despite effort of the lawyers for the plaintiffs to revise it. U.S. District Judge Jesse Furman announced that he will continue with the pending six bellwether or test this year.
The U.S. Supreme Court refused to stay a ruling that two North Carolina congressional districts be redrawn over racial gerrymandering in 2011 redistricting.
Senate Republicans ruled out taking action on any nominee put forth by President Barack Obama to the Supreme Court.
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