Associated Press
A decision by Australia's high court clears the way for investors to sue the firm -- or what's left of it
Billionaire investor Warren Buffett on Wednesday defended credit rating agencies that gave overly positive grades to mortgage-related investments before the housing bust. He said the agencies were among many who missed warnings signs of the crisis.
The major indexes staged a late rally on Tuesday. But tensions in Korea and debt fears in Europe are still spooking investors in the U.S
Stocks are mostly falling after another slump in the euro prolonged concerns about Europe's economy.
A Texas man accused of masterminding a scheme to defraud investors from North Dakota and elsewhere out of millions of dollars pleaded guilty to wire fraud Friday.
A former Wachovia Bank vice president faces federal charges that he conspired with small-business owners to fleece the big bank out of $11.2 million.
Stocks turned higher a day after posting their biggest drops in more than a year.
Stocks plunged again Thursday as more investors woke up to the possibility that economic problems such as Europe's debt crisis might spread around the world and stop the growing recovery in the U.S.
The economy got what it needed in April: A burst of hiring that added a net 290,000 jobs, the biggest monthly total in four years.
Investment research firm Morningstar Inc. on Monday said its French subsidiary reached a deal to buy Seeds Group, which provides investment consulting services, for an undisclosed amount.
