NEW YORK – Wall Street firm Morgan Stanley (MWD) was fined $2.65 million Thursday by the National Association of Securities Dealers (search) for selling shares in an initial public stock offering it had managed while the shares were still under a “lock-up” period. JPMorgan Chase & Co. (JPM) was fined …
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Officers: Gitmo Detainees Abuse Guards
WASHINGTON – The general who runs the terrorism detention center at Guantanamo Bay, Cuba told a House panel Wednesday that military interrogators have gained valuable information about Al Qaeda from detainees, and that they should continue to be held indefinitely. And as for suggestions the facility should be closed, the …
Read More »Hot Stories for the Week of June 20
This is a partial transcript from “The Beltway Boys”, June 25, 2005, that has been edited for clarity. Watch “The Beltway Boys” Saturday at 6 p.m. ET and Sunday at 1 and 6 a.m. EST. FRED BARNES, CO-HOST: And the hot story is, we’re winning in Iraq (search), right now. …
Read More »Adelphia Founder John Rigas Gets 15 Years
NEW YORK – Adelphia Communications Corp. founder John Rigas (search) was sentenced Monday to 15 years in prison by a judge who blamed him for duping investors of his bankrupted cable company in “one of the largest frauds in corporate history.” “Were it not for your age and health, I …
Read More »Koreas Begin High-Level Talks
SEOUL, South Korea – North and South Korea opened high-level talks Wednesday amid renewed optimism over improved ties after the North’s leader pledged reconciliation and a possible resumption of nuclear disarmament talks. Although South Korea (search) is expected to raise the international standoff over the North’s nuclear weapons program, the …
Read More »Noise May Affect Kids' Reading, Memory
The frequent whine of airplane engines or the roar of road traffic could affect children’s reading comprehension and memory, new research shows. The researchers aren’t talking about the occasional flyover or traffic jam. Instead, they focused on noise around busy Dutch, British, and Spanish airports. Every day, jets thunder into …
Read More »Epilepsy Surgery Brings Long-Term Results
Brain surgery to treat epilepsy can provide relief from seizures for up to 30 years, a new study suggests. “Few studies have looked at the long-term prognosis for epilepsy surgery,” says researcher William H. Theodore, MD, of the National Institute of Neurological Disorders and Stroke, in a news release. “We …
Read More »Question of Parental Rights
Does Tamara Schmidt (search) deserve to get her daughter back? This is just one of the controversies we’re covering Thursday on “DaySide.” Apparently a Las Vegas judge thinks Tamara’s 13-year-old daughter should be returned to her, but read the details of her case and see if you agree. In 2003 …
Read More »Bush on Another Social Security Pitch
HOPKINSVILLE, Ky. – President Bush has pledged to pursue changing Social Security (search) until his final day in office, but the challenge he faces was evident Thursday. He stumped for his program in the district of an undecided House Republican who was traveling overseas. “I’m spending a lot of time …
Read More »Pro-Syrian Elected Lebanese Speaker
BEIRUT, Lebanon – Lebanon’s (search) new parliament overwhelmingly re-elected a pro-Syrian as speaker Tuesday in a political compromise by the anti-Syrian coalition that won the elections, the first conducted without Syrian influence in 30 years. Ninety of the 128 legislators voted for Nabih Berri (search) in a secret ballot. Another …
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