September 15, 2025 - 22:16

Multi-million dollar lawsuit settlements regarding police conduct typically receive pushback from some aldermen, but not in this case. The Chicago finance committee has approved a substantial $90 million settlement related to the actions of former police Sergeant Ronald Watts. This decision comes after years of legal battles and allegations of misconduct that have plagued the Chicago Police Department.
The settlement addresses claims made by multiple victims who accuse Watts and his unit of corruption, including false arrests and the planting of evidence. The approval signifies a significant step toward addressing the long-standing issues of police accountability in the city.
Aldermen expressed a mix of relief and concern over the financial implications of such a hefty payout, recognizing the need for reform within the police force. The settlement is expected to be finalized soon, marking a pivotal moment in the ongoing conversation about police reform and community trust in law enforcement.
January 31, 2026 - 02:31
Senate passes funding deal but a partial government shutdown is on tap for this weekendThe U.S. Senate has successfully passed a short-term funding package, a critical step toward maintaining federal operations. However, the threat of a partial government shutdown beginning this...
January 30, 2026 - 18:27
Onity Group Announces Closing of $200 Million Senior Notes OfferingWEST PALM BEACH, Fla., Jan. 30, 2026 – Onity Group Inc. has successfully completed a significant debt offering, raising $200 million in capital. The transaction was finalized through the...
January 30, 2026 - 11:29
In Graphic Detail: The puny nature of regulatory fines compared to Big Tech’s financial prowessGovernments worldwide are increasingly wielding regulatory fines against technology giants for various infractions, from antitrust violations to data privacy breaches. However, a stark comparison...
January 29, 2026 - 23:05
German Finance Minister Calls for Discriminatory Taxes on Large U.S. Tech Firms - Americans for Tax ReformGerman Finance Minister Lars Klingbeil has called for the implementation of a new digital services tax aimed squarely at large international technology corporations. The proposal, outlined in a...