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PBS News Hour

Will 2016 bring more company defaults across the globe?

Around the world, companies have defaulted on at least 95 billion dollars worth of debt this year -- the highest numbers of Business Defaults since 2009, according to Standard and Poor’s. For perspective into what happened in 2015 and a look at what to expect next year, NewsHour’s Hari Sreenivasan speaks with Financial Times reporter Eric Platt.

California News
Lineage, Not Race: California’s Strategy to Advance Equity for Descendants of Slavery
Lineage, Not Race: California’s Strategy to Advance Equity for Descendants of Slavery
California lawmakers are advancing a new strategy: reparations not based on race, but on lineage.
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Who can afford to become a teacher in California?
Who can afford to become a teacher in California?
The state offers multiple pathways toward completing its requirements, but many students who enter the teaching profession still risk getting into debt, even before accounting for cost of living.
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California's Much-Touted IVF Law May Be Delayed Until 2026, Leaving Many in the Lurch - KFF Health News
California's Much-Touted IVF Law May Be Delayed Until 2026, Leaving Many in the Lurch - KFF Health News
California lawmakers are poised to approve a six-month delay in implementing the state’s in vitro fertilization law, pushing its start to January 2026. The plan to postpone, which has drawn little attention, is part of the state budget package and has left patients, insurers, and employers in limbo.
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Controversial climate rule, which could raise gas prices, about to go into effect
Controversial climate rule, which could raise gas prices, about to go into effect
No immediate hike in California gas prices will occur but Democrats and Republicans in the Legislature fear the effects of the clean-fuel program.
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