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Black, Enron boss win partial Supreme Court victories
Jun 24, 2010 11:53 EDT
The US Supreme Court on Thursday gave partial victories to former Enron boss Jeffrey Skilling and disgraced media mogul Conrad Black, ruling that the former's fraud conviction was "flawed" and sending the latter's case back to a lower court.
Part of Enron boss's conviction quashed by US Supreme Court
Jun 24, 2010 11:08 EDT
The US Supreme Court Thursday set aside part of Enron boss Jeffrey Skilling's fraud conviction, saying it was "flawed" and unconstitutional.
Part of Enron boss's conviction quashed by Supreme Court
Jun 24, 2010 10:58 EDT
The US Supreme Court Thursday set aside part of Enron boss Jeffrey Skilling's fraud conviction, saying it was "flawed" and unconstitutional.
Firm eyes suit claiming BP 401(k) plan broke law
Jun 23, 2010 16:51 EDT
Law firm investigating suit charging BP 401(k) plan with wrongdoing for buying company stock. A law firm known for shareholder lawsuits on Wednesday said it is investigating whether the agents who ran BP PLC's employee savings plan violated federal law by buying BP stock.
Wet wipes may cause rashes
Jun 21, 2010 17:22 EDT
NEW YORK (Reuters Health) - Using wet wipes after going to the bathroom can be a less-than-soothing experience, according to a new report of four people who developed severe allergic reactions after using such products.
Boomers Come Face to Face With Alzheimer's
Jun 13, 2010 20:00 EDT
The latest 'sandwich generation' encounters dementia in loved ones . Although there are the Betty Whites of the world ? hosting Saturday Night Live at the age of 88 with her wit and split-second timing and even starring in a new sitcom ? the harsh reality is that, after the age of 65, and most definitely after the age of 85, dementia becomes more and more likely.
Goldman case gets decisive, compassionate jurist
May 16, 2010 14:04 EDT
In NYC court, judge presiding over SEC vs. Goldman is compassionate, fun and decisive. The federal judge presiding over civil fraud charges brought against Wall Street's most powerful firm can be counted on to run a tight courtroom as she considers claims that Goldman Sachs & Co. took unfair advantage of lax controls on financial institutions.
Qwest: A scrappy little company with big ambitions
Apr 22, 2010 17:10 EDT
Qwest, a scrappy little company with big ambitions, ends a Denver era with sale to CenturyTel. Since the day it was created, Qwest Communications has been like the scrappy little guy who swings for the fences but doesn't quite hit a home run.
Key events in the history of Qwest Communications
Apr 22, 2010 15:57 EDT
Key events in the history of Qwest Communications. A timeline of key events in the history of Qwest Communications International Inc.:
Obama to stump for financial overhaul in NY
Apr 19, 2010 12:23 EDT
Obama campaigning for new finance rules in New York City speech. President Barack Obama is heading to New York City later this week to push for a financial overhaul package in a venue rich with presidential history.
Watchdog reminds auditors to watch unusual deals
Apr 07, 2010 15:25 EDT
NEW YORK (Reuters) - The U.S. auditor watchdog on Wednesday issued an alert to corporate accounting firms, reminding them to watch for fraud or misstatements if they detect "significant unusual transactions" when doing their work.
Simple Test an Early Predictor of Alzheimer's
Apr 05, 2010 20:00 EDT
Researchers develop new way to diagnose mild cognitive impairment. An inexpensive and easy test has been developed to test the brain's capacity for information -- a reliable predictor of Alzheimer's disease.
Toyota shareholders sue over fallen stock price
Mar 21, 2010 23:41 EDT
Toyota shareholders claim company deception on accelerator problems set stock up for a fall. Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company executives deliberately misled investors and the public about the depth of accelerator problems in millions of its vehicles.
Toyota shareholders sue over fallen stock price
Mar 21, 2010 16:05 EDT
Toyota shareholders claim company deception on accelerator problems set stock up for a fall. Toyota shareholders incensed over a sudden drop in the Japanese automaker's stock price are heading to court with lawsuits claiming company executives deliberately misled investors and the public about the depth of accelerator problems in millions of its vehicles.
Harbour Town tournament searches for title sponsor
Mar 01, 2010 14:17 EST
Can you hear me now? Heritage executive says 2011 PGA tournament a go, even without Verizon. Tournament director Steve Wilmot says there will be a Heritage in 2011, with or without a title sponsor.
Diabetes ups risk of dementia for mildly impaired
Jan 14, 2010 16:15 EST
NEW YORK (Reuters Health) - Diabetes may hasten progression to dementia in older people with mild thinking impairment, new research shows.
Market meltdowns, inflation, protecting capital & trading commodities
Jan 11, 2010 14:59 EST
Investing in commodity ETFs could be a sound strategy to hedge against inflation . The purpose of owning commodities like gold, silver and oil is to protect oneself from the effects of inflation that I believe we are likely to see in the coming months. Unfortunately, the United States has taken a monetary policy of printing massive amounts of money to attempt an escape of deflation. In the past 16 months, the monetary base has ballooned from $908 billion to $2.0 trillion. Bailout funds in the past two years total $8.1 trillion..... That is 78 times more than the government spent to bail out WorldCom...... and 123 times more than it spent on Enron. U.S. debt has risen sharply -- from $6.2 trillion in 2002 to $12.1 trillion today. These are scary numbers! The illusion of an economic recovery in the U.S. is simply the function of the Fed making billions and trillions of newly printed money available at ZERO percent interest to the largest financial institutions. The idea that you really c
Junior explorer surges on lithium assays
Jan 07, 2010 17:30 EST
Lithium results made some shareholders feel a whole lot happier Thursday, while an energy junior gushed on oil flow. . Stockhouse Canadian Small and Micro-cap Stock Report for Thursday, January 7, 2010
Electric car buzz pushes lithium companies higher
Jan 07, 2010 13:49 EST
TSX volume leader is tied to batteries for low emission vehicles. . First Lithium Resources (TSX: V.MCI, Stock Forum) shares shot 33% higher to 14 cents on Thursday morning. The company may have benefitted from news out of the manufacturing sector.