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Lex: Insider trading crackdown
US authorities have attacked the alleged ring in the Galleon case with a gusto usually reserved for mafia bosses
Shooting leaves 13 dead at US army base
An army psychiatrist described as being unhappy about being posted to Iraq opened fire at the US’s biggest army base, leaving 13 people dead and 31 wounded, according to Texas officials
Base lockdown causes ‘frantic’ scenes
Residents and personnel at Fort Hood turned to cell phones, clogging up lines as everyone sought information from one another as news of the shooting spread
Impulse buying gives way to US frugality
Tights, sunglasses and boneless chickens have joined the list of casualties of America’s economic crisis, as the era of impulse shopping gives way to more wary behaviour in the nation’s grocery aisles.
Battle looms over UN funding
The UK Foreign Office leads the charge in a looming battle over the rising cost of funding the UN. UN secretary-general Ban Ki-moon has asked for $4.9bn to finance the organisation’s regular budget over the next two years
Outside Edge: When presidential siblings go rogue
None of America’s 44 presidents has been an only child; and many siblings have proved thorns in the flesh, writes Jurek Martin
Consumers face tiny cuts as companies pare costs
Residents across Houston, and the US as a whole, have noticed little cutbacks apparently aimed at easing companies through the worst economic downturn since the Great Depression
Lovells in merger talks to create legal firm
City law firm is proposing a merger with Washington-based Hogan & Hartson that would be aimed at creating a rare successful big transatlantic legal tie-up with a strong litigation focus
Crisis reveals worry about retirement funds
American savers watched in horror this year and last as the balances on their retirement accounts evaporated with the meltdown in the financial markets.
Proposal aims to curb raids on 401(k)s
US lawmakers were set to propose a new law on Wednesday that would discourage people from raiding their retirement savings early to see them through tough financial times or to splash out on expensive items.














