Monthly Archives: September 2011

SEC concedes challenges in credit-rating probes (Reuters)

WASHINGTON/NEW YORK (Reuters) – The Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency’s enforcement chief said, pointing to the complexity of the cases and the industry’s strong legal defenses. SEC Enforcement Director Robert Khuzami’s comments … Continue reading

Filed under Stock Market News | Tagged , , , , , , |

Late-day rally sends stocks higher; Dow rises 143 (AP)

NEW YORK – It was another day of big swings in the stock market. The Dow Jones industrial average ended with a gain of 143 points Thursday. On its way there, it surged 260 points shortly after the opening bell, … Continue reading

Filed under Stock Market News | Tagged , , , , , , |

Exclusive: Justice Department probing Chinese accounting (Reuters)

WASHINGTON (Reuters) – The U.S. Justice Department is investigating accounting irregularities at Chinese companies listed on U.S. stock exchanges, said an official with the Securities and Exchange Commission, suggesting criminal charges may be brought in addition to civil proceedings. “There … Continue reading

Filed under Stock Market News | Tagged , , , , , , |

How the major stock indexes fared on Thursday (AP)

It was another day of big swings in the stock market. The Dow Jones industrial average ended with a gain of 143 points Thursday. On its way there, it surged 260 points shortly after the opening bell, then turned mixed … Continue reading

Filed under Stock Market News | Tagged , , , , , , |

Dow, S&P rise in wild day, Nasdaq takes China hit (Reuters)

NEW YORK (Reuters) – Stocks mostly rose in a volatile session on Thursday as stronger-than-expected economic data and German approval of a beefed-up euro-zone crisis fund relieved two of the worst fears hanging over the market. But the Nasdaq was … Continue reading

Filed under Stock Market News | Tagged , , , , , , |

Summary Box: Late-day rally sends stocks higher (AP)

UP, DOWN, UP: It was another day of big swings in the stock market. The Dow Jones industrial average ended with a gain of 143 points Thursday. On its way there, it surged 260 points shortly after the opening bell, … Continue reading

Filed under Stock Market News | Tagged , , , , , , |

Supreme Court Is Asked to Rule on Health Care

The Justice Department said the justices should hear its appeal of a decision by a three-judge panel of the United States Court of Appeals for the 11th Circuit, in Atlanta, that struck down the centerpiece of the law by a … Continue reading

Filed under Health | Tagged , |

Probe finds fraud in U.S. distance education (Reuters)

(Reuters) – The U.S. Department of Education’s Office of Inspector General (OIG) identified a “serious vulnerability” in distance education programs due to frauds committed by students and recommended a stricter enrollment process for colleges. Stocks of for-profit colleges, which mostly … Continue reading

Filed under Education | Tagged , |

Spain: gunman kills pregnant woman, but baby saved (AP)

MADRID – A gunman walked into a Catholic church and killed a pregnant woman Thursday, then committed suicide, but emergency crews performed a C-section on the woman inside the church and saved the baby, a police official said. Another woman … Continue reading

Filed under Religion | Tagged , |

Judge blocks slowdown by US Airways pilots (AP)

A federal judge ordered the union for US Airways pilots to stop intentionally delaying flights, finding that it had engaged in a “concerted effort to disrupt the airline.” US Airways saw its June on-time ranking drop to last place among … Continue reading

Filed under Travel | Tagged , |