NEW YORK, May 21- U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Attorney Preet Bharara declined to comment, as did a spokesman for the Justice Department.
NEW YORK, May 21- U.S. prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter. Attorney Preet Bharara declined to comment, as did a spokesman for the Justice Department.
*Former IRS chief says enforcement "very, very difficult". WASHINGTON, May 21- As they joined Republicans on Tuesday in bashing the Internal Revenue Service for targeting conservative groups that sought tax-exempt status, Senate Democrats had another target: the regulations that require the U.S. tax agency to weigh the political activity of such groups.
TRENTON, N.J.-- A proposal to let voters decide whether to direct a fraction of sales tax revenues toward land preservation for the next 30 years cleared another hurdle Monday when a New Jersey Senate committee signed off on legislation to put the question on the ballot this November. The Senate panel voted 4 to 1 to advance the measure.
WASHINGTON-- Actor Sean Penn on Monday urged the U.S. government to pressure Bolivia to free an American businessman detained without charge since 2011 in a case that has drawn accusations he was the victim of corrupt local prosecutors. Penn said international pressure on Bolivian President Evo Morales could help free Jacob Ostreicher of New York.
LONDON, May 21- Bwin.party has targeted cost savings of 70 million euros this year as it joins other online gambling companies pulling back from markets where regulations are not clear cut.
EAST HAMPTON, New York, May 21- Judging by early demand for everything from doggie daycare to Ferrari rentals and fine art, rich Americans are going to make this a strong summer in one of their favorite playgrounds- the beach towns on the eastern end of Long Island collectively known as the Hamptons.
We've worked with Boeing to fix them. Smisek and Boeing CEO Jim McNerney were on the flight from Houston on Monday. Regulators grounded the Dreamliner worldwide on Jan. 16 after batteries burned on two jets, prompting Boeing to redesign the battery system.
WESTERLY, R.I.-- Seven months after Superstorm Sandy pummeled Rhode Island's southern shore, the great mounds of sand are gone, and the twisted metal and splintered wood hauled away, replaced by workers and backhoes as beachfront businesses hurry to complete repairs before the arrival of another New England summer.
NEW YORK-- A Jeffries analyst lowered his rating and price target for Bed Bath& Beyond on Monday, saying an anticipated modest rise in sales will likely not be enough for substantial earnings increases in the intermediate term. Analyst John Marrin cut Bed Bath& Beyond Inc. to "Hold" from "Buy" and reduced the chain's price target to $71 from $76.
WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. U.S. law already requires the SEC to consider the impact regulations would have on competition, efficiency and capital formation.
WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street. U.S. law already requires the SEC to consider the impact regulations would have on competition, efficiency and capital formation.
WASHINGTON, May 17- A divided U.S. House of Representatives on Friday passed a Republican-sponsored bill that would force federal securities regulators to conduct more economic analysis before adopting rules for Wall Street.
May 17- New Jersey announced another step on Friday that will bring it closer to launching online gambling, with plans to publish proposed regulations for Internet wagering on June 3.
Johnson& Johnson's DePuy orthopedics business plans to stop selling a couple of hip replacement systems not widely used by doctors. DePuy said the Ultamet and Complete brands now represent less than 1 percent of its bearings sold in the United States and Europe.
The traffickers lived modestly and had alleged links to known terrorists, including Omar Abdel-Rahman, the blind cleric serving a life sentence for a conspiracy to blow up New York City landmarks. Arrests also were made in New York City, New Jersey and Delaware.
SAYREVILLE, N.J.-- Some 350 homeowners in the central New Jersey towns of Sayreville and South River whose properties have flooded repeatedly will be eligible to sell their homes in the first phase of a new federally funded buyback program, Gov.
May 16- New Jersey's unemployment rate dropped to 8.7 percent in April and personal income tax collections rose 29.1 percent to $2.23 billion from the same month last April, state data show.
WASHINGTON, May 16- Nobody is safe in the digital world and even the smartest minds in the cybersecurity world constantly struggle to fend off hackers in their personal lives.