NY indictment filed in $6B money-laundering case
The founder of an online currency transfer business was indicted in the United States along with six other people in a $6 billion money-laundering scheme described as "staggering" in its scope, authorities said Tuesday.Fed, central bankers find high food prices hard to digest
RISING PRICES FOR FOOD, from yogurt in the U.S. to steak in South Africa, are causing heartburn at the world's most powerful central banks. The fastest increase in food-commodity prices in at least a decade has already led monetary authorities in England, Mexico, Chile and South Africa to lift borrowing costs. It is also sowing seeds of doubt about the U.Transcripts show Guantanamo panels struggle to determine who poses a threat
As time runs out, Delta, US Airways woo creditors
US AIRWAYS' contention that bigger airlines are better for the public got unexpected support yesterday from a senior official in the U.S. Department of Transportation testifying at a Senate hearing on airline mergers. Since Sept. 11, the declining health of network carriers has created a growing need to subsidize air service to smaller communities, Andrew B.All states get ethanol, but not everyone is sold
BELFIELD, N.D. AP - Ethanol has a toe-hold in every state, pushed by increased production, government subsidies and people looking to save a few pennies at the pump."For the farmer, it's another market for our product _ this is a good thing," said Mike Clemens, a Wimbledon farmer and a director of the North Dakota Corn Growers Association.JQC: Bogus charge has 'chilling' effect on future judicial probes
Two members of the state Judicial Qualifications Commission say a bogus drug charge against one of the commission's cooperating witnesses is a matter of grave concern that could affect JQC protocols in removing judges from office.Generics seek entry into biologics industry
Hamster ovaries, mare's urine, pig intestines, blood. It's not a recipe for a witch's stew-they're all components of high-tech biologic drugs. Used to treat everything from cancer to arthritis, biologics are the fastest-growing class of medicines, with more than 40 billion in annual sales in the United States.Cleary, Wachtell lead on Google's $12.5 billion Motorola buy
Stanford CCO Found Liable For Securities Fraud
An administrative law judge has found Bernerd Young, who served as chief compliance officer for convicted Ponzi schemer Allen Stanford's now-defunct brokerage, liable for securities fraud. The judge's order bars Young from working in the securities industry.Lawyers, firms stake claims in Masry & Vititoe bankruptcy
At least four lawyers and law firms are among the top creditors of Masry Vititoe, the personal injury law firm of Erin Brockovich fame that filed for Chapter 11 bankruptcy protection on Aug. 14. The firm, based in Westlake Village, Calif., said in bankruptcy court papers that it has spent $3 million defending lawsuits filed by the family and estate of former name partner Edward Masry, who died in 2005.Trending Stories