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Facts not an issue as Nichols trial begins
After a morning session largely consumed by the reading of the 54-count indictment of accused Fulton County Courthouse shooter Brian G. Nichols, the jury and courtroom were jolted by the prosecution's opening statement, marked by the playing of an audiotape of the gunshots that killed Fulton County Superior Court Judge Rowland W.NYC trial over socialite Astor's will nears end
NEW YORK AP - A tortuous trial that revealed the elegant philanthropist Brooke Astor as a deluded invalid struggling with Alzheimer's disease is nearing an end after more than four months of testimony.Astor's 85-year-old son, Anthony Marshall, and his lawyer are accused of exploiting the socialite's declining mental condition to plunder millions of dollars from her estate.Companies overlook terrorism, invest in India
Just because Unilever NV Chief Executive Officer Patrick Cescau and his designated successor Paul Polman barely escaped the terrorist massacre of 164 people in Mumbai, doesn't mean the world's second-largest consumer-products company has any intention of avoiding India's financial capital."It was just a question of being in the wrong place at the wrong time," said Unilever spokesman Gerbert van Genderen Stort in Rotterdam.Narrow Path Leads to Justice Department
Vanessa [email protected] announcement last week that Deputy Attorney General James B. Comey intends to step down before Labor Day took few observers by surprise. After all, Comey-a career prosecutor who holds his political views close-has never been part of the in-crowd at Main Justice.Federal control of AIG clouds its litigation
Since the government bailout of American International Group Inc., last September, American taxpayers have owned 80 percent of a company engaged in many lines of business, most too complex for human comprehension. There are many simple truths buried amid that corporate complexity-bonuses are still too big for the public's taste, and loan payback time is a long way off.Accounting tricks boost bank profits
There's nothing like a little magical math to make banks' financial woes go away.Bank stocks have surged in recent weeks, a sign that investors are betting the worst of the financial crisis is over. But in reaching this conclusion, the market has chosen to ignore some creative accounting banks are using to bolster their finances.11th Circuit appears split over deference in sentencing
Oil's answer to carbon law may be imports
America's biggest oil companies will probably cope with U.S. carbon legislation by closing fuel plants, cutting capital spending and increasing imports.Under the Waxman-Markey climate bill, refiners would have to buy allowances for carbon dioxide spewed from their plants and from vehicles when motorists burn their fuel.Expert: Commercial real estate is facing a crash
Billionaire investor Wilbur L. Ross Jr., said the U.S. is in the beginning of a "huge crash in commercial real estate." "All of the components of real estate value are going in the wrong direction simultaneously," said Ross, one of nine money managers participating in a government program to remove toxic assets from bank balance sheets.Trending Stories
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