- Over 130 inmates have escaped from a Mexican prison in Peidras, located across the border from Eagle Pass, Texas. Mexican authorities have undertaken a massive manhunt, while U.S. authorities are closely monitoring the border to assist in the recapture of any prisoners that try to cross.
- The country's largest private equity firms are being investigated on suspicion of finagling themselves out of paying taxes by turning fees into fund investments.
- Hachette Book Group, Simon & Schuster and HarperCollins Publishers will have to issue reimbursements ranging from 25 cents to $1.32 per book to customers who paid inflated e-book prices between April 1 and May 21, 2010.
- Frank Jones, a longtime attorney in Macon, Ga., who was widely recognized throughout Georgia for his effort in trying to appeal the Affordable Care Act, died this week after losing a battle to leukemia. He was 87.
- In a victory for the Obama administration, a federal court has rejected a new law requiring Texans to present photo identification before being allowed to vote.
- Hurricane Isaac's effect on gasoline prices is minimal, but national inventory is below average. And pre-storm worries caused prices to rise anyway.
- A federal court ruled Tuesday that Texas' redistricting maps discriminate against black and Hispanic voters, effectively killing the new districts before they could take effect for the November election.
- Immigrants who are granted a two-year reprieve known as deferred action still face questions about what benefits they can receive, among them drivers' licenses.
- ZeekRewards and Zeekler have been shut down, but the consequences and fallout is far from over.
- Users of ZeekRewards.com and Zeekler.com are searching for answers -- and their lost money -- after the Securities and Exchange Commission charged the sites' owner, Paul Burks, with an alleged $600 million Ponzi scheme. "I was in shock," said a Zeek member who used the site for five months.
Top After-Market Nasdaq Movers (Oplink, Sequenom, ABIOMED, Nathan's, Electronic Arts, Marvell, 21Vianet Group, Life Partners Holdings, Car-Mart, ScanSource)The top after-market Nasdaq gainers Thursday were Oplink Communications, Sequenom Inc, ABIOMED Inc, Nathan's Famous Inc and Electronic Arts Inc. The top after-market Nasdaq losers were Marvell Technology Group Ltd, 21Vianet Group Inc, Life Partners Holdings Inc, America's Car-Mart Inc and ScanSource Inc.
- Having failed to get the U.S. Justice Department to press contempt charges against Attorney General Eric Holder, House Republicans are planning to file a civil contempt lawsuit against him.
Who Is Benjamin Lawsky? Little-Known Regulator Who Savaged Standard Chartered Stokes His - And Andrew Cuomo's - Political DreamsWhen Benjamin Lawsky formally accused U.K.'s Standard Chartered bank of money laundering and a cover-up linked to Iranian financial institutions, the head of New York's newly formed Department of Financial Services was hardly described in glowing terms in the press. He was termed a rogue, an egomaniac and worse by unnamed scorned colleagues in New York and Washington. But in describing his ambitions, what these reports failed to take into account was the depth of his and Governor Andrew C...
- Unlike the FEC, New York Attorney General Eric Schneiderman is making moves to uncover the financial sources of several dark money groups.
- The latest Crossroads ad buy seeks to link several vulnerable Democrats in tough Senate races to tax increases. Spots set to run in Virginia, Missouri, Montana, North Dakota and Nevada portray Democrats as proponents of higher taxes and needlessly expanded government.
- A new super PAC called FightBigotry.com will "connect the dots to explain the one political vulnerability of President Obama that no one else has the stomach to bring up."
- Khan said he performed those humble duties as a goodwill gesture and to promote better relations between faiths.
- The FBI kept tabs on Monroe under the file "Foreign Intelligence." J. Edgar Hoover was worried she had taken up with communists while other conspiracies suggest the Kennedy brothers had her killed. Theories have only heated up since the FBI has delayed releasing information to the Associated Press.
Pre-Market Movers (Arkansas, Accretive Health, Nokia, Liquidity Services, General Mills, Dendreon, OCZ Tech, Nova Measuring, Seagate)Accretive Health, Arkansas Best Corp, Nokia Corp, Liquidity Services, General Mills, Dendreon Corp, OCZ Technology Group, Nova Measuring Instruments and Seagate Technology are among the companies whose shares are moving in premarket trading Tuesday.