COURT

JPMorgan ignored suspicions about Madoff: lawsuit

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JPMorgan Chase & Co executives stood by silently as their client Bernard Madoff ran his epic Ponzi scheme, hoping to protect the bank's investments and continue doing business with him, a newly released $6.4 billion lawsuit claims.
Bernard Madoff walks back to his apartment in New York

Top JPMorgan execs were warned about Madoff: trustee

JPMorgan Chase & Co executives were concerned that Bernard Madoff was running a Ponzi scheme, but they silently stood by for years to protect the bank's investments, the trustee for Madoff's investors said.
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Andimuthu raja

CBI arrests ex-telecoms minister Andimuthu Raja

The Central Bureau of Investigation (CBI) on Wednesday arrested former telecoms minister Andimuthu Raja over a massive graft scam, officials said, a huge blow for Prime Minister Manmohan Singh and efforts to pass bills in the parliamentary budget session.
Lindsay Cronin carries her snowboard back up the hill in front of the U.S. Capitol Building in Washington January 27, 2011.

Senate defeats health care repeal

U.S. Senators on Wednesday defeated a bill to repeal last year's landmark healthcare bill, as Republican party members came up short against the Democratic majority. The vote was 47-51.
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Tribune lenders drop competing bankruptcy plan

A group of lenders has withdrawn its plan for reorganizing newspaper owner Tribune Co, leaving two proposals for ending the company's two-year stay in bankruptcy, according to court documents.
Italy's PM Silvio Berlusconi bows his head during a news conference with Malta's PM Lawrence Gonzi in Rome

Struggling Berlusconi faces tax battle, legal woes

Italian Prime Minister Silvio Berlusconi, fighting a possible trial for sex with an under-age prostitute, faces another threat this week with a showdown over local tax that could further damage his struggling government.
Ssangyong Motor

M&M in final stages of Ssangyong buy

Mahindra & Mahindra inched closer to establish its presence in southeast Asia, with an executive saying the company will make full payment by Feb. 7 for South Korea's Ssangyong Motor buy.

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