JAN
22
2008

Top court rejects appeal by Enron investors

The Supreme Court on Tuesday rejected an appeal by Enron Corp investors seeking to proceed with a $40 billion class-action lawsuit against investment banks that put together financing deals for the energy trader, which collapsed in 2001.

JAN
22
2008

U.K. Trainees Avoid Crunch Fallout as Top Firms´ Retention Soars Above 90 Percent

Eighteen out of the top 25 U.K. firms are holding on to more than 90 percent of their trainees.

JAN
22
2008

Investors Abroad No Longer Feel Immune From U.S.

Since late summer, the United States economy has demonstrated an enduring power to surprise. And not for the better.

JAN
22
2008

Hawaii Supreme Court Considers Crackdown on Legal Aid Businesses

At Legal-Ez, Betty Marais helps her customers fill out legal civil documents at rates far below what lawyers charge. She´s not an attorney, and her business is built on giving clients easy access to the justice system without having to pay steep hourly rates.

JAN
21
2008

Legal Outsourcing to India Is Growing, but Still Confronts Fundamental Issues

Outsourcing legal work to India is no longer a novelty. It´s a reality.

JAN
21
2008

SEC´s Fraud Case Against Former AOL Execs Gets New Life

Four executives accused of cooking the books at America Online Inc. and PurchasePro.com had been hoping to deliver a knockout blow to the government´s case against them.

JAN
21
2008

New Report Identifies the Slowest Federal Judges in the Land

Semiannual report on pending cases and motions identifies the judges with steep backlogs in cases

JAN
18
2008

Brown seeks to take China relationship to new level

Prime Minister Gordon Brown told China on Friday he wanted Britain to be the number one choice for Chinese trade and investment as he sought to take the relationship to a "higher level".

JAN
18
2008

Resignation Weakens Italy’s Government

A new element of instability shook Italy’s government Thursday as the justice minister, resigning over a corruption investigation, withdrew his small party from the already fragile center-left ruling coalition.

JAN
18
2008

CIA Faulted for Destruction of Interrogation Videotapes

A federal judge will not hold the CIA in civil contempt for the 2005 destruction of videotapes of the interrogation of high level al-Qaida detainees -- but only because it would not do any good.

JAN
18
2008

Euro climbs versus yen, still weak vs dollar

The euro bounced from four-month lows versus the yen on Friday after a late rebound in Asian stocks, led by Japan´s Nikkei, prompted investors to trim expectations of more unwinding of risky carry trades.

JAN
15
2008

Europe’s Appetite for Seafood Propels Illegal Trade

Walking at the Brixton market among the parrotfish, doctorfish and butterfish, Effa Edusie is surrounded by pieces of her childhood in Ghana. Caught the day before far off the coast of West Africa, they have been airfreighted to London for dinner.

JAN
15
2008

Republicans Make Final Appeals to Michigan Voters

Mitt Romney began what even his advisers concede is potentially a do-or-die moment for his presidential candidacy on Tuesday, by reflecting on the memory of his late father, George Romney, as Michigan voters began casting primary ballots.

JAN
15
2008

Citi Posts $9.83 Billion Loss; Will Cut Jobs

Citigroup announced a steep cut in its stock dividend and another big investment by foreign investors on Tuesday after taking more write-downs related to subprime securities and posting a $9.83 billion loss for the fourth quarter.

JAN
14
2008

Europe Launches New Probes Against Microsoft

The European Commission, fresh from a major court victory over Microsoft, launched new antitrust investigations into the software giant on Monday, on suspicion it abused its market dominance.

JAN
14
2008

Fluidity in G.O.P. Race; Democrats Eye Electability

Republican voters have sharply altered their views of the party’s presidential candidates following the early contests in Iowa and New Hampshire, with Senator John McCain, once widely written off, now viewed more favorably than any of his major competitors, according to the latest nationwide New York Times/CBS News Poll.

JAN
14
2008

GM buys into cellulose-based ethanol

General Motors Corp. has bought a stake in the start-up biofuel company Coskata Inc., which has developed a commercially viable process to bring cellulose-based ethanol to the market in 2011.

JAN
11
2008

Bank Agrees to Buy Troubled Loan Giant for $4 Billion

Bank of America announced Friday that it had agreed to pay about $4 billion in stock to acquire Countrywide Financial, the troubled lender that became a symbol of the excesses that led to the subprime mortgage crisis.

JAN
11
2008

Japan Approves Bill on Afghan Mission

The Japanese government rammed through a special law Friday authorizing its navy to resume a refueling mission in the Indian Ocean as part of the American-led war in Afghanistan.

JAN
10
2008

White House race enters new phase

The unpredictable fight for the White House went national on Wednesday as candidates fanned out across the United States and Democrat Barack Obama bounced back from a surprise loss to Hillary Clinton to grab a coveted union endorsement.

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