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Strike begins as talks between BA, union collapse (AP)

March 20, 2010

A British Airways aeroplane descends to land at Heathrow Airport in London, Thursday March 18, 2010. A British news agency says that British Airways Chief Executive Willie Walsh is again talking with the union representing cabin crew staff, who are poised to strike from Saturday. The union has called for a three-day strike beginning Saturday and a four-day walkout beginning on March 27. (AP Photo/Lefteris Pitarakis)AP - A three-day strike by British Airways cabin crew affecting thousands of travelers began Saturday after last-ditch talks between the airline's management and union leaders collapsed.


Letter: Lehman accounting tricks possibly illegal (AP)

March 20, 2010

FILE - In this Oct. 6, 2008 file photo, Lehman Brothers Holdings Inc. Chief Executive Richard S. Fuld Jr., front center, is heckled by protesters as he leaves Capitol Hill in Washington after testify before the House Oversight and Government Reform Committee on the collapse of Lehman Brothers. A report by U.S. bankruptcy-court examiner faults Lehman Brothers  executives and auditor Ernst & Young for serious lapses that led to the largest bankruptcy in U.S. history. Will former CEO Richard Fuld be held accountable?(AP Photo/Susan Walsh, file)AP - A Lehman Brothers whistleblower warned his bosses that accounting gimmicks the bank used before its collapse may have been illegal, his lawyer said Friday.


Stocks fall as worries about Greek debt return (AP)

March 20, 2010

Trader Richard Smartt reacts in the Euro Dollar pit at the Chicago Mercantile Exchange March 16, 2010. REUTERS/John GressAP - Stocks halted their steady climb Friday after renewed concerns about Greece's ability to pay its debts left investors questioning a global economic recovery.


Regulators shut 7 banks in 5 states; 37 in 2010 (AP)

March 20, 2010

AP - Regulators on Friday shut down seven banks in five states, bringing to 37 the number of bank failures in the U.S. so far this year.

Embezzler who got tax credit faces more charges (AP)

March 20, 2010

AP - A convicted embezzler who snagged more than $9 million in business tax credits from the state of Michigan has been charged with defrauding an elderly neighbor.

The four cities that best weathered the recession (AP)

March 20, 2010

AP - Call them the Final Four: The four large cities that have made it through the Great Recession with the smallest increases in unemployment.

Gabelli's son wins dismissal of much of SEC case (Reuters)

March 20, 2010

Reuters - The son of prominent investor Mario Gabelli has won the dismissal of large parts of a U.S. Securities and Exchange Commission lawsuit alleging securities fraud related to market timing.

Lawmaker seeks records on Fed Board stock ownership (Reuters)

March 20, 2010

Reuters - The head of the House of Representatives' Oversight Committee said on Friday he had asked the Federal Reserve to provide all documents relating to a rule waiver that allowed then-New York Fed Board Chairman Stephen Friedman to hold and purchase stock in Goldman Sachs Gorup .

Earnings schedule for week of 03/22/10 (AP)

March 20, 2010

AP - Major companies tentatively scheduled to report quarterly earnings next week:

No European financial protectionism: Barnier (AFP)

March 20, 2010

EU commissioner for Internal Market and Services French Michel Barnier, seen here in Brussells, sought on Friday to calm US fears of discrimination over European financial services reforms that would regulate hedge funds.(AFP/File/Georges Gobet)AFP - EU financial services commissioner Michel Barnier sought on Friday to calm US fears of discrimination over European financial services reforms that would regulate hedge funds.


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