In 1906, Leonor Loree, an accomplished railroad executive, examined the dilapidated Kansas City Southern Railroad that he had been hired to rehabilitate. Dismayed, he permanently enriched American slang by exclaiming: “This is a helluva way to run a railroad!” Judge Janice Rogers Brown of the D.C. Circuit Court of Appeals, the nation’s second-most important court, recently said, with judicial ...

  There is a very unusual thing going on in the municipal market right now: People are losing money by the bucket, and soon they’ll be losing money by the boatload. While regrettable, this is what happens when reality intrudes upon a fantasy. Because Puerto Rico has defaulted, is defaulting and will default on some or all of the $70 ...

  ISTANBUL / AP Spring colours, breezy fabrics, high necklines and long hemlines: The International Modest Fashion Week opened in Istanbul as Turkey sought to be seen as a creative hotspot for a unique blend of tradition with style around the world. Seventy designers are taking part in the two-day event hosted by Modanisa, an online retailer of Muslim fashion, ...