UNITED STATES

Budget deal avoids shutdown but fight ahead

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President Barack Obama signed a short-term spending bill on Saturday that averted a government shutdown, formalizing a compromise deal with Republicans that paves the way for more -- and bigger -- deficit-reduction fights to come.
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US Dollar eyes 2009 low, is America concerned?

The US dollar has fallen precipitously in 2011. The Dollar Index – which tracks the dollar’s value against a basket of currencies that includes the euro, yen, pound, Canadian dollar, Swedish krona, and Swiss franc – has fallen to 75.07.
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Insider conspirator friend of defendants: sources

The unidentified co-conspirator who funneled tips and cash between a lawyer and trader accused of running a 17-year scheme to trade on corporate merger secrets was a former colleague of both defendants, the New York Times reported.
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Budget deal avoids shutdown

The last-minute budget deal President Barack Obama and congressional leaders struck to avert a government shutdown paves the way for what Republicans promised on Saturday will be more spending fights to come.

DDoS Attacks Grow In Sophistication

In the wake of the attacks by the hacker collective Anonymous on Sony and on Livejournal, more attention has been focused on just what such attacks mean and how to defend against them.
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Late budget deal avoids costly shutdown

President Barack Obama and congressional leaders struck a last-minute budget deal on Friday to narrowly avert a government shutdown that would have hit the economy and idled hundreds of thousands of workers.
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SEC sues ex-Zwirn fund CFO for cash transfers

U.S. market regulators on Friday sued the former chief financial officer of a multibillion-dollar hedge fund founded by Daniel Zwirn, accusing him of improperly transferring $870 million between the fund's accounts.

Shutdown Hours Away: Obama, Boehner Talk but No Deal

President Barack Obama and House Speaker John Boehner spoke for several minutes without reaching a resolution early Friday evening, a Republican aide said extending a day of delay on averting a federal shutdown by midnight.
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U.S. trustee objects to Borders' bonus plan

The Office of the U.S. Trustee objected to a proposal by Borders Group Inc to pay over $8 million in bonuses to high-level employees this early in its bankruptcy proceeding.
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View from editors in the Americas

U.S. BUDGET CRISISDemocrats and Republicans will have to deal with the fallout from the past week's bitter partisan budget brinkmanship, regardless of whether it drives the federal government to shut down. We will assess who lost most from the crisis, with a Reuters/IPSOS poll on Tuesday. We will also feature an in-depth look at the performance of Republican House Speaker John Boehner, who had to...
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Shutdown would lay off astronauts, close parks

Garbage will pile up in the streets of the capital, the Statue of Liberty will close and astronauts will stay home if the Congress fails to reach a budget deal and the government shuts down.
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SEC wrestling with private trading rules

U.S. securities regulators are conducting a broad review of share issuance rules for private companies, including the 500-shareholder threshold meant to mark the transition to public ownership.
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J&J settles bribery and kickback charges

Johnson & Johnson on Friday agreed to pay $70 million to settle U.S. charges that it paid bribes and kickbacks to win business overseas, the first big drug company to settle since the Obama administration began its scrutiny of the industry more than a year ago.

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