SAO PAULO, May 4- Recent setbacks for prosecutors in a huge corruption scheme at Brazil's state-run oil company Petroleo Brasileiro SA suggest they will struggle to win as many convictions as they seek. The Supreme Court's decision last week to release from jail nine executives at construction companies suspected of paying bribes in the scheme, and put them...» Read More
Hedge funds, trying to separate themselves from the big Wall Street banks, are stepping up their efforts to head off new regulation from Washington. The New York Times reports.
Harry and Louise have changed their minds about health care reform. The fictional suburban couple featured in a series of national television spots sponsored by the health insurance industry in 1993 and 1994 stoked fears that helped doom a government-created health plan promoted by a Democratic president, Bill Clinton.