World News Center
Strike begins as talks between BA, union collapse (AP)
March 20, 2010
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
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
AP - 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, 2010AP - 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, 2010AP - 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, 2010AP - 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, 2010Reuters - 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, 2010Reuters - 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, 2010AP - Major companies tentatively scheduled to report quarterly earnings next week:
No European financial protectionism: Barnier (AFP)
March 20, 2010
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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