The university's new stadium will be named after a private prison company. The GEO Group gave FAU a $6 million gift that "delighted" the administration but prompted protests from students. Friday, university President Mary Jane Saunders said the deal was a "closed book," despite allegations of abuse at the company's institutions.
Michigan Gov. Rick Snyder announced Friday that the state would be taking over Detroit's finances. But the intervention might not be enough to pull the city out of a $14 billion hole. It would be the largest municipal bankruptcy in the country, if it happens.
The U.S. Air Force will pay Gulfstream nearly $50 million to maintain its C-37 executive jets, in a contract announced the day before the federal budget was set to absorb $85 billion in automatic spending cuts.
With Detroit deep in the red, Michigan Gov. Rick Snyder has announced that the state will take over the city's finances, cut existing labor contracts and sell city assets. The business community and some residents applaud the move, but others fear a greater decline in already faltering city services.
More than 2 feet of snow hit the high plains this week, snarling travel and all but shutting down some cities. Despite those hassles, for farmers and ranchers, the snow brings some urgently needed moisture to their drought-stricken fields and pastures.
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