The Vallejo police force, shown at a crime scene last year, remains “woefully understaffed” several years after bankruptcy, according to City Manager Dan Keen.

The California city of Vallejo emerged from bankruptcy just over two years ago, but it is still struggling to pay its bills.

The main culprit: Ballooning pension costs, which will hit more than $14 million this year, a nearly 40% increase from two years ago.

Amid threats of legal action from the state’s pension giant, CalPERS, Vallejo did little during its nearly three-year stint in bankruptcy to stem the growth in its pension bills.

As a result, Vallejo continues to dole out large sums of money for retirees. Except for new hires, Vallejo’s police and firefighters can retire at age 50 with as much as 90% of their salary —

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Sanjiv Patel has plowed over $1 million into his peanut company Holy Cow. Last year, he had over $300,000 in sales, his product was in roughly 600 stores, and he had two full-time employees. But if he doesn’t hire another eight people in the next 12 months, he could get kicked out of the country.

Patel is here on an investor immigrant visa — a controversial program that gives a green card to any foreigner who invests at least $500,000 and creates 10 jobs in the United States.

Next March, he’ll have to go before immigration officials and prove he’s created the 10 positions or he risks losing the temporary green card he was granted last year.

“The worst-case scenario is I leave,” said Patel, 40, who’s based in Dallas but originally from

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The Saturn Ion is among the vehicles GM has recalled due to a dangerous ignition problem. Thirteen deaths have been attributed to the issue.

General Motors has appointed a team to investigate events leading up to the automaker’s recall of roughly 1.4 million cars for a problem that has been tied to at least 13 deaths.

The internal investigation is being led by attorney Anton Valukas, chairman of Chicago law firm Jenner Block and by GM’s own General Counsel, Michael Millikin. Valukas is best known for his work on the Lehman Brothers bankruptcy. He is also a former United States attorney.

Attorneys from the firm of King Spalding are also participating in the investigation, GM said in an announcement.

A representative of Jenner Block was not immediately able to comment on

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The U.S. economy in the next two years is well positioned for growth assuming no adverse shocks or bad policy decisions.

That’s the view from the White House, which released President Obama’s 2014 Economic Report on Monday.

The report offered several reasons for that assessment. Among them:

Households have less debt and more wealth: U.S. households now have 1.1 times more debt than they have disposable income. That’s down from 2007, when the ratio was 1.4.

And the amount of money they spend on credit card and mortgage interest as well as other debt service has also fallen to its lowest level since 1980, according to the report.

Related: Recovery on track, but still slow and steady

On top of that, households with access to the stock and housing markets saw big gains in 2013, bolstering their net worth.

Those

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Boeing employees work on a Dreamliner wing during final assembly of the jet. Hairline cracks in some wings, disclosed Friday, are the latest problem for the plane.

Boeing’s Dreamliner has been a big success for the manufacturer, racking more than $200 billion in sales. But the fuel-efficient, lightweight jet continues to be hit by problems.

On Friday Boeing announced that a manufacturing problem had cause hairline cracks in the wings of some Dreamliners. None of the planes affected have been shipped to customers yet.

The hairline cracks come a little more than a year after safety regulators grounded the Dreamliner for three months due to a fire risk associated with the plane’s lithium battery.

“It’s not this particular (cracked wing) problem that’s important. It’s the pattern that’s important,” said

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