Legal

The back-and-forth fighting in Washington over the past four years has made it impossible to cut spending and reform the tax code, impairing the industry.

A new labor agreement covering musicians and a shift away from defined benefit pension plans has helped the Orchestra emerge from Chapter 11.

A judge on Tuesday rejected a union-backed attempt to halt a measure that curbs pensions for San Diego city workers. It may take effect next month.

Can the retirement crisis be solved through a new, government-sponsored and non-optional social safety net, paid by further taxing the rich? Probably not.

Gov. Pat Quinn is calling lawmakers back for a one-day session to reform Illinois' ailing pension systmes, but didn't introduce any new ideas on breaking gridlock.

Of the 126 charges litigated by the SEC and FINRA, B/Ds and advisors got about 1 in 8 of the claims dismissed through lawsuits.