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SAC Capital Responds To Criminal Charges Of Insider Trading Against The Firm
Steve Cohen's $14 billion SAC Capital Advisors broke its radio silence moments ago to respond to today's federal indictment against the firm on criminal charges of insider trading.Via CNBC's Kayla...
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BP Is Protesting Gulf Spill Lawsuits In Full-Page Ads In The WSJ And NYT
WSJ's Tom Gara writes BP has taken out a full-page ad in both his paper and the New York Times protesting aggressive lawsuits that continue to emerge from the Deepwater Horizon spill.How could the...
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Congress May Undo The Student Loan Interest Rate Hike After All
After months of emotion-filled debate, the Senate passed a bill that will provide a permanent solution to fluctuating student loan interest rates. Earlier this month, the interest rates on subsidized...
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Here's Why Kanye West Won't Be Prosecuted For Attacking A Photographer Last Week
Kanye West got into another ugly scuffle with a paparazzo at LAX last week, but looks like the law will be on his side for this go-around. TMZ reports that the new dad won't be charged with any crimes...
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Abercrombie & Fitch Is In Trouble For Its Hiring Policies Again
An official watchdog group in France is accusing Abercrombie & Fitch of discriminatory hiring practices. The group, Defenseur des Droits, says it suspects people hired as models to entice customers...
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Here Are Photos Of Aaron Hernandez Allegedly Holding A Gun On The Night Of...
Prosecutors released 104 pages of previously sealed court documents related to the Aaron Hernandez case today.Most of the information in the documents isn't new, according to Brian Ballou of the Boston...
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One Tea Party Congressman Is Becoming Republicans' Worst Nightmare On...
Here is how a politically sensitive issue becomes a nightmare for the Republican Party: The sponsor of House Republicans' only concrete, yet divisive, action on immigration this year makes a comment...
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How Going To A Women's College Helped A Yuppie 'Fit In' At A Federal Prison
Like a lot of people, I've been riveted by Netflix's new fish-out-of-water series, "Orange is the New Black," which centers around a yuppie who goes to a women's prison for a 10-year-old drug...
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10 Former Contestants Say 'American Idol' Is Racist, Sue For $25 Million Each
Ten former Idol hopefuls have sued the show for booting them from the competition, allegedly because of their race, TMZ reported. The ex-contestants' lawyer James Freeman submitted a letter in January...
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After Close Vote, House Leaders Defend NSA Mass Spying Program
WASHINGTON (Reuters) - Republican and Democratic leaders in the House of Representatives on Thursday defended their support for a spy program that sweeps up vast amounts of electronic communications...
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Halliburton Pleads Guilty To Destroying Evidence In Connection With Deepwater...
Halliburton has agreed to plead guilty to destruction of evidence in the Deepwater Horizon oil drilling tragedy.The plea deal — which is still subject to court approval — means they'll pay the maximum...
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UBS Reaches $885 Million Settlement With US Regulator Alleging Bank...
WASHINGTON (Reuters) - A U.S. regulator on Thursday said it reached an $885 million settlement with UBS over allegations the bank misrepresented mortgage-backed bonds that were sold to Fannie Mae and...
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Porn Filtering System David Cameron Praised Is From A Company With Alleged...
The filtering system praised by British Prime Minister David Cameron is controlled by Huawei, a controversial Chinese company with alleged ties to that nation's government, BBC reports.The 'Homesafe'...
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The 20 Safest Cities In America
Violent crime reports rose in America for the first time in 2006, according to FBI statistics.However, the recent 1.2% increase belies a long-term trend: America is becoming a much safer country.To...
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US Indicts Hackers In Biggest Cyber Fraud Case In History
NEWARK, N.J./BOSTON (Reuters) - Federal prosecutors said on Thursday they have charged five men responsible for a hacking and credit card fraud spree that cost companies more $300 million and two of...
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Train Driver Immediately After Spain Crash: 'I F---ed Up. I Want To Die.'
The driver of a train that derailed in northwestern Spain on Wednesday — killing 78 people and injuring more than 100 others — knew immediately that he screwed up and asked what to do, El Mundo...
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Dominique Strauss Kahn Set To Face Trial On Pimping Charges
Dominique Strauss-Kahn, the former IMF head and onetime potential French president, will face trial for pimping charges, his lawyer confirmed to Reuters on Friday.Strauss-Kahn, also known as "DSK," had...
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Someone Vandalized The Lincoln Memorial Overnight
The popular Lincoln Memorial in Washington, D.C. was apparently vandalized last night with green paint.The vandalism, discovered at about 1:30 a.m. on Friday, didn't contain any words, letters, or...
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Thanks To A Legal Loophole, There's No Public Record Of Most Crime On Cruise...
A loophole in federal law keeps Americans from having access to information about the vast majority of crimes committed on cruise ships, according to a new report released by Senator John Rockefeller...
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SAC Capital Pleads 'Not Guilty' To Five Charges Of Criminal Insider Trading
Defense lawyers for Steve Cohen's $14 billion SAC Capital Advisors pleaded not guilty to all five criminal charges of insider trading during an arraignment this morning at a federal court in Lower...
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