Suing New Jersey: The Securities and Exchange Commission took aim at troubled public pension systems Wednesday, charging New Jersey with civil fraud for lying about whether it had covered its pension obligations to teachers and other state employees, the Washington Post reports.
New Deal: Intel said on Thursday that it has agreed to buy McAfee, the computer antivirus software maker, for about $7.7 billion in cash, as the chip giant seeks to expand its presence in security services, according to The New York Times.
Phone Fight: A long-running dispute between radio broadcasters and the recording industry over music royalties has taken an unexpected turn with a proposed settlement that threatens to drag the mobile phone industry into the ring, the Washington Post reports.
Unconstitutional: Memorial crosses erected along Utah public roads to honor fallen state highway troopers have been found unconstitutional by a federal appeals court, CNN reports.
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