Experts say the case could set parameters on whether parents have to pay their children's college education after they have left home.» Read More
NEW YORK, Feb 20- A man who served prison time for conning Hollywood stars and reputedly inspired Leonardo DiCaprio's performance in "The Wolf of Wall Street" was in federal court on Thursday facing charges that he used a friend's credit card to buy liquor, a plane ticket and food, according to court filings.
Feb 20- Grover Norquist's trademark cause is fighting high taxes, but the conservative Republican lobbyist just scored a big win on another front- fighting unions- and he wants more, betting on what he sees as a broad shift in U.S. labor politics.
NEW YORK, Feb 20- A man who served prison time for conning Hollywood stars and reputedly inspired Leonardo DiCaprio's performance in "The Wolf of Wall Street" was in federal court on Thursday facing charges that he used someone else's credit card to buy liquor, a plane ticket and food, according to court filings.
Fresh from helping to crush a unionization drive at a Volkswagen AG plant in Tennessee, Norquist outlined an anti-union strategy that ties labor to liberals, with the long-term goal of sapping union financial support for Democrats.
*Jobless claims fall 3,000 in February payrolls survey week. WASHINGTON, Feb 20- The number of Americans filing new claims for unemployment benefits fell last week, pointing to steadily improving labor market conditions, despite two straight months of weak hiring.
*Gold outlook weak despite emerging-market jitters- analyst. NEW YORK/ LONDON, Feb 19- Gold fell almost 1 percent on Wednesday after minutes of the Federal Reserve's latest policy meeting showed several policymakers wanted to keep cutting monetary stimulus, weighing down on bullion's inflation-hedge appeal.
*Gold outlook weak despite emerging-market jitters- analyst. NEW YORK/ LONDON, Feb 19- Gold fell on Wednesday as muted U.S. producer prices triggered selling ahead of the release of the closely watched minutes of the U.S.
Feb 18- After a nearly three-year campaign at Forest Laboratories Inc that spanned two proxy battles and the ousting of a chief executive, billionaire activist investor Carl Icahn has once again ended up on top.
WASHINGTON, Feb 18- New Jersey Representative Rush Holt, a physicist who has advocated strongly for research funding and environmental conservation, has decided not to seek a further term in the U.S. House of Representatives in elections in November, Democratic Party Leader Nancy Pelosi said on Tuesday.
*Forest Labs surges after Actavis confirms acquisition. "Much of the recent concern over the health of the U.S. economy has been explained at the hands of the weather," said Andrew Wilkinson, chief market analyst at Interactive Brokers LLC in Greenwich, Connecticut.
LONDON, Feb 18- U.S. electricity regulators have begun drafting new reliability standards to protect the power grid from a repeat of severe geomagnetic storms like those that crippled the U.S. telegraph service in 1859 and blacked out Quebec in 1989..
*Forest Labs surges after Actavis confirms acquisition. NEW YORK, Feb 18- U.S. stocks were little changed on Tuesday after Wall Street's biggest gain of the year as disappointing economic reports weighed on investor sentiment.
The Fed writes the script for Wall Street. Wall Street will resume trading on Tuesday. "We want to see any discussion on the language moving away from the thresholds," said Quincy Krosby, market strategist at Prudential Financial in Newark, New Jersey.
NEW YORK, Feb 14- With economic data being shoveled aside like snow and earnings season winding down, U.S. stock investors could zero in next week on the Fed's view of the economy and technical analysis charts as the S&P 500 nears its record high.
NEW YORK, Feb 14- Hedge fund Paulson& Co maintained its stake in the world's biggest gold-backed exchange-traded fund, SPDR Gold Trust, in the fourth quarter, even as others exited when bullion prices posted their biggest annual loss in 32 years.
*Euro zone recovery boosted by growth in France, Germany. *Gold rises to three-month highs above $1,300. NEW YORK, Feb 14- World stocks climbed for an eighth straight session on Friday on signs of a gradual improvement in euro zone growth and the euro rose to its highest level in almost three weeks, while gold climbed above $1,300 an ounce.
*Euro zone recovery boosted by growth in France, Germany. *Gold rises to three-month highs above $1,300. NEW YORK, Feb 14- World stocks gained on Friday on signs of a gradual improvement in euro zone growth and the euro rose to its highest level in almost three weeks versus the dollar, while gold climbed above $1,300 an ounce.
A. Bank to buy Eddie Bauer. NEW YORK, Feb 14- U.S. stocks rose modestly on Friday, with the S&P 500 on track for its first two-week winning streak of the year, as investors were once again willing to overlook some soft economic data stemming from bad weather.
WASHINGTON, Feb 13- Forty-two U.S. representatives and senators have announced plans to leave their seats in Congress in advance of mid-term elections in November, including 24 Republicans and 18 Democrats. The latest to announce his departure was Representative Doc Hastings, a 10- term Republican from Washington state.
NEW YORK, Feb 13- A 120- car Norfolk Southern Corp train carrying heavy Canadian crude oil derailed and spilled in western Pennsylvania on Thursday, adding to a string of recent accidents that have prompted calls for stronger safety standards.