The U.S. rating agency Moody's announced Thursday morning more downgrades are on the horizon — this time for nearly 20 global banks and dozens of additional European firms. Names like Morgan Stanley and UBS could see their long-term credit ratings affected. It's another indicator of the wide reach of Europe's debt crisis.
Apple is under pressure by consumers and lawmakers on Capitol Hill to enforce its rules when it comes to iPhone apps that upload users address books. Several social media apps, such as Facebook and Twitter, can gain access to a phone's address book, and users often aren't warned what's happening.
It's estimated the nation faces a $3 trillion backlog in unmet road and transit needs. Since the Reagan administration, public transit has been funded from the same revenue stream as roads and bridges. Now there's a movement to fund public transit with revenue sources other than the gas tax.
Testimony in one of the most complex environmental lawsuits ever to reach trial is scheduled to begin at the end of the month. Shrimpers, waiters, housekeepers and others have joined in a federal lawsuit to determine who is responsible for the 2010 Gulf oil spill and how to compensate those affected.
As gay and lesbian people age, finding suitable retirement housing can be a unique challenge. Some facilities allow only married couples to live together, and many gay seniors fear a cold shoulder from staff or fellow retirees. Now, some retirement homes have begun catering specifically to LGBT seniors.
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