Liu Yingxia, who was listed as China's 46th richest woman with assets worth 4 billion (or $650,000,000), was removed this week from a senior political organization, for links to a former high ranking official facing graft allegations.
A Huffington Post report pointed out that the fraud allegations the former employees of the Harris School of Business has highlighted the many and repeated noncompliance of for-profit colleges to the provisions of the country's federal gainful employment rule.
Earlier this week, celebrity blogger Perez Hilton claimed that he heard someone said that pop singer and Nickelodeon television series star Ariana Grande was using cocaine at a party, the Belfast Telegraph reported. Grande is reportedly gearing to file a lawsuit against Perez for slander.
The financial restructuring plan of the city of Detroit filed with the federal court today involves paying off long-term obligations in full. The Wall Street Journal said pension funds and unsecured creditors could get reduced amounts of what the city owes.
