The country’s four biggest banks announced yesterday that they had each borrowed $500 million from the Federal Reserve, taking an unusual step to ease the credit squeeze that has been rattling the financial system for weeks.
An Ohio county agreed Tuesday to pay $8 million to settle a lawsuit over photos taken of posed bodies in its morgue.
Barclays faced fresh embarrassment yesterday over its £314 million emergency loan from the Bank of England, when HSBC, its rival, furiously denied that an error by its bankers had forced Barclays into the red.
Gordon Brown last night rebuffed growing pressure for a referendum on the new EU treaty and predicted that a threatened trade union rebellion on the issue would not succeed.
The state of Texas has carried out its 400th execution since the restoration of the death penalty in 1976 despite last-ditch appeals by 40 countries, including every member state of the European Union.
Japanese Prime Minister Shinzo Abe called on Wednesday for a "broader Asia" partnership of democracies that would include India, the United States and Australia but leave out the region´s superpower, China.
The defense tentatively rested in Phil Spector´s murder trial Tuesday without calling the music producer to testify on his own behalf.
Futures point to positive start for Wall Street after yields on shorter-dated Treasurys finally start to rise; credit concerns linger.
A chief inspector of police who was dyslexic and who was found by an employment tribunal to have been disadvantaged in comparison with his work colleagues in examinations for promotion, was disabled within the meaning of the Disability Discrimination Act 1995.
The City´s top 100 law firms have increased billings by more than 350 per cent in the last 15 years to £12.2 billion, but there are fears the market may have peaked.
After pleading guilty Monday to federal conspiracy charges involving an illegal dogfighting operation, quarterback Michael Vick is waiting to hear if he´ll play professional football again.
The yen pared earlier gains, sterling trimmed losses and the euro rose against the dollar on Tuesday in an immediate market move after the Chinese central bank raised interest rates.
Hundreds of dangerous prisoners could be freed from jail because of “disastrous” failings by the Government when it introduced a new prison sentence, a High Court judge said yesterday.
Bank of England lends £314m ahead of urgent talks between three of America´s most powerful financial figures on market turmoil.
The fundamental technology behind the present generation of lithium-ion cells – the batteries that power nearly every laptop computer and mobile phone in the world – is inherently dangerous and must be changed to ensure safety, according to experts.
Victims of corporate crime - such as the Maxwell pensions scandal and the collapse of the Bank of Credit and Commerce International - are largely overlooked by officials because they do not fit government targets, it is claimed today.
Plans to deregulate the legal market may threaten the existence of small practitioners but they can compete on service, says one High Street lawyer
A group of Europe’s “wise men” has pronounced that the European Union treaty agreed by Tony Blair in June is substantially the same as the constitution rejected two years ago.
The American stock market operator, in a bid battle to buy OMX, has appointed banks to explore LSE stake sale options
In an effort to get guns off the streets of Central Florida, officials are offering residents a free pair of shoes or a $50 gift card if they turn in a gun.
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