RadioShack said Tuesday it will close 1,100 retail stores across the country amid a disappointing fourth quarter, in a sign that the electronics retailer is ceding ever-more market share to big box stores and online providers, such as Amazon.
CEO Joseph Magnacca said the closings would leave the company with more than 4,000 U.S. stores still operating. RadioShack did not say which of its stores it planned to shutter.
The District of Columbia Council moved Tuesday to decriminalize some use of marijuana.
The Washington Post reports Mayor Vincent Gray said he intends to sign the bill into law, pitting the district directly against the federal government, which still considers smoking marijuana a criminal offense.
The U.S. Supreme Court has ruled that a federal whistleblower law, enacted after the collapse of Enron Corporation, protects not just the employees of a public company, but also company contractors like lawyers, accountants, and investment funds.
Writing for the six-justice majority, Justice Ruth Bader Ginsburg said that in enacting the Sarbanes-Oxley law in 2002, Congress provided protection from retaliation for employees and contractors alike to ensure that they would not be intimidated into silence when they knew of corporate wrongdoing.
It's testing time in Illinois today. Hundreds of thousands of students began taking state tests in math and science but some students, parents, even teachers are refusing. At dozens of schools in Chicago, they're staging a boycott, saying the tests don't matter. As NPR's Cheryl Corley reports, it's part of a growing national debate over measuring student performance.
UNIDENTIFIED GROUP: Boycott the ISAT. Let things be. Boycott the ISAT.