It's not new for Puerto Rico to miss payments on its debt, but this time it was rather big. On Monday, the US territory missed almost $370 million on a bond payment. Officials of the island said worse could be expected ahead in case the U.S. Congress does not come to rescue it from the from pile of debt.
It was a big win for the oil and gas companies over a lengthy battle, as on Monday the Supreme Court of Colorado struck down prohibitions by the local government on fracking.
In court said in a separate ruling that a moratorium in Fort Collins and a ban in Longmont were not valid as state law forestalled them. Previously, the same conclusion was given by a lower court.
The secretiveCentral Intelligence Agency of the United States has released a series of tweets with details of an operation that killed led to the killing of Osama bin Laden on this day five years ago. CIA announced it would "live" tweet the details of the events that occurred five years earlier as if if they were happening again.
On Saturday, the office of Chicago Mayor, Rahm Emanuel released details regarding a new planned hotel to be built on Navy Pier. It will be a five storey hotel with two hundred rooms. It's one of its kind because, is going to be the very first hotel at the pier. The statement from the mayor's office said, the hotel project will be developed and operated by First Hospitality Group Inc.