The Wall Street Journal is reporting that credit rating agency Standard & Poors could face a lawsuit from the U.S. Department of Justice over the way it rated mortgage bonds before the financial crisis.
The WSJ report cites unnamed sources, but the market appears to be taking the threat pretty seriously.
Shares of parent company McGraw Hill are off nearly 7.5 percent in intraday trading:
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Rita Ora showed up almost fully naked to the 2024 Met Gala in a multicoloured Marni dress that was completely open-sided revealing she was braless & commando
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Emily Ratajkowski just hit the 2024 Met Gala almost totally naked wearing a sparkly see-through Versace backless dress. We are *so* in love with this look!
Israel’s long-anticipated assault on Rafah has begun. The city is thought to contain four battalions of Hamas soldiers, making it the terrorist’s last stronghold in Gaza. The operation is essential to securing Israel’s borders and safety when military operations end. Yet immense international pressure is being applied to Benjamin Netanyahu in an attempt to force a ceasefire on incredibly unfavourable terms.
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The event marked the pop star's third Met Gala, after making her debut at the event in 2019
An Indian judge has dismissed a woman’s complaint that her husband committed “unnatural sex,” because under Indian law it’s not illegal for a husband to force his wife to engage in sexual acts.
Images of tourists stuck partway up a mountain in eastern China went viral, showing it’s not just Everest that’s prone to overcrowding.
Kendall Jenner attended the 2024 Met Gala looking incredible in a dress with bum crack cut-outs. Her vintage archival Givenchy gown has never been worn before.
"My next house will either be laid out by me or made in the '70s or '80s — back when they designed homes to be lived in."
The former 'American Idol' contestant gushed over his wife, saying he's "ready to thrive" with her
What does an elephant in a British room need to do for his hosts to admit he exists? Under Xi Jinping, China’s rivalry with the free West has become a zero-sum contest. Beijing is engaged in full economic warfare with Britain. And Britain’s establishment, polite as ever, all too often chooses to ignore this inconvenient reality.
Rebecca Joynes, 30, is accused of six counts of engaging in sexual activity with a child, two while being in a position of trust
Vladimir Putin began his fifth term as Russian president at a palace in Moscow in front of a crowd of faces - including actor Steven Seagal and the leader of a biker gang. At the ceremony in the gilded Grand Kremlin Palace, Mr Putin placed his hand on the Russian Constitution and vowed to defend it as a crowd of hand-picked dignitaries looked on. The US actor, known for films such as Under Siege and On Deadly Ground, is an ally of Mr Putin.
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England winger starred as German giants eliminated Paris Saint-Germain
Israel rejected a ceasefire offer from Hamas on Monday night, vowing to continue with its invasion of the southern Gazan city of Rafah and saying a last-minute proposal had failed to meet its key demands.
Former Manchester United players lined up to call for the club to sack manager Erik ten Hag after their disastrous season plumbed new depths on Monday night with the 4-0 humilitation at Crystal Palace.
Jadon Sancho and his Borussia Dortmund team-mates belted out a rendition of Adele song Someone Like You as they celebrated reaching the Champions League final.
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