US

SAC Capital Agrees to Plead Guilty to Insider Trading

The hedge fund titan Steven A. Cohen sat at the center of his vast trading floor on Monday, buying and selling stocks. In a sign of his enduring influence on Wall Street, he did business with major banks like Goldman Sachs and JPMorgan Chase.

12 years, 5 months ago

Airport Security Still Vulnerable

The LAX shooting probably won't change the way we protect airports nationally, although one security expert says it may move the TSA to arming some supervisors in some places.

12 years, 5 months ago

India's Infosys to Pay $34 million in U.S. Visa Case

Infosys Ltd said on Wednesday it has reached a $34 million settlement with U.S. authorities in a case involving the widespread practice by Indian firms of flying workers to client sites in the United States on temporary visas.

12 years, 5 months ago

EU Delegation to Meet at White House Over NSA Spying Concerns

A delegation of European Union officials will continue their fact finding mission Wednesday when they meet with White House officials over recent revelations that the National Security Agency spied on European leaders and their citizens.

12 years, 5 months ago

Obama Signs Bill to Raise Debt Limit, Reopen Government

After shutting down the U.S. government for 16 days and driving the nation toward the brink of default, a chastened Congress voted late Wednesday to reopen federal agencies, call hundreds of thousands of civil servants back to work and raise the $16.7 trillion debt limit.

12 years, 6 months ago

Interior Allows a Dozen Iconic National Parks To Reopen With State Funding

On Saturday, the barricades at Utah’s Natural Bridges National Monument disappeared, allowing visitors to return to the tourist draw despite the government shutdown. They also came down at Colorado’s Rocky Mountain National Park, Arizona’s Grand Canyon and New York’s Statue of Liberty.

12 years, 6 months ago

IMF Warns US Must Not Fail to Raise Debt Ceiling

The International Monetary Fund chief says the global economy is in a slow and unbalanced recovery.

12 years, 6 months ago

A U.S. Default Seen as Catastrophe Dwarfing Lehman’s Fall

Anyone who remembers the collapse of Lehman Brothers Holdings Inc. little more than five years ago knows what a global financial disaster is. A U.S. government default, just weeks away if Congress fails to raise the debt ceiling as it now threatens to do, will be an economic calamity like none the world has ever seen.

12 years, 6 months ago

Obama: Default Would Be Worse Than Shutdown

President Obama broadened his focus in the budget battle Thursday, saying a government default on its debts would hurt the economy worse than the ongoing government shutdown.

12 years, 6 months ago

Woman Shot and Killed by Capitol Police after Chaotic Chase from White House

A woman who tried to force her car through a White House security fence Thursday afternoon was shot and killed by police after a 12-block chase past the Capitol, which was locked down for a half-hour, authorities said.

12 years, 6 months ago

Tom Clancy, Best-Selling Master of Military Thrillers, Dies at 66

Tom Clancy, whose complex, adrenaline-fueled military novels spawned a new genre of thrillers and made him one of the world’s best-known and best-selling authors, died on Tuesday in Baltimore. He was 66.

12 years, 6 months ago

US Congress Fails to Prevent Shutdown

After three years of ducking crises with last-minute deals, Congress finally ran out of ways to patch over its differences. Unable to meet a midnight Monday deadline for funding the government, lawmakers allowed it to shut down.

12 years, 6 months ago

View From Washington : Mauritius And Other African Countries Push For 15 More Years of …

Supporters of the African Growth and Opportunity Act (AGOA), a U.S. trade law that has been a big boost to Mauritian exports, are asking the U.S. Congress to extend the law for another 15-20 years when it expires in 2015.

12 years, 8 months ago

Threats of Attack: the U.S. Embassy in Port-Louis Closed

As a security against terrorist threats from Al-Qaeda, the U.S. State Department announced on Monday the closure of its embassy in Port-Louis and until Saturday, August 10 . Indeed, Washington announced on Thursday that at least 25 of its diplomatic missions would be closed as a result of the interception of messages from al-Qaeda leaders.

12 years, 8 months ago

Video of the Day: Whales Almost Eat Divers

While Diving Souza Rock on the Central california Coast Divers have a close call with HumpBack Whales.

12 years, 8 months ago