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Morgan Stanley’s $2.5 Billion Parking Sale Wins Chicago Approval

A Morgan Stanley-led investor group won Chicago’s approval for its $2.5 billion sale of a parking-meter operation to Stonepeak Partners, ending months of political turmoil around the transaction.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Trump Administration Addresses Plan to Cut Student Loans for Some Degrees

"Federal student loans are not a welfare program for failing college programs," the Education Department said on social media.

  • Department of Education denies Trump administration's plan to ban student loans for certain degrees.
  • New rule holds colleges accountable for students' financial outcomes, not banning programs.
  • Approximately 5.2% of programs could fail, impacting 4.2% of federal loan recipients.

More from Tuesday 29 September →