Kids for Cash trial: Ciavarella found guilty of racketeering, tax fraud, cleared of extortion, bribery charges
The trial of Mark Ciavarella, a former Pennsylvania judge who has been charged with racketeering, fraud, money laundering, extortion, bribery and federal tax violations, drew to a close on Friday with the jury returning a guilty verdict.
Kids for Cash trial: Ciavarella denies extortion charges, acknowledges tax fraud
The Kids for Cash trial resumed this week with former Pennsylvania Judge mark Ciavarella's attorneys trying to undermine the credibility of the prosecution witnesses and the accused vehemently claiming that though he has committed tax fraud, he never extorted money from others or took bribe in return for sending juveniles to a private detention center.
Stocks in Focus (FDX, MAR, DELL, ADI, OMC, CTL, HCP, HST, MMC, WPI)
The companies which are expected to see active trade on Tuesday are: FedEx, Marriot International, Dell, Analog Devices, Omnicom Group, CenturyLink, Host Hotels & Resorts and Watson Pharmaceuticals.
FedEx slashes profit forecast, blaming storms and fuel
Shipping giant FedEx slashed its third quarter profit forecast by 25 cents, blaming higher fuel prices and disruptions from winter storms in the U.S. and Europe.
Kids for Cash trial: Former Pa. judge Ciavarella claims money was 'finder's fee'
The trial of Mark A. Ciavarella Jr., a former Pennsylvania judge who has been charged with honest services fraud, wire fraud and tax evasion in connection with receiving $2.6 million in kickbacks from a private juvenile jail facility, resumes today and is grabbing national attention as the case highlights the dangerous gap in the juvenile justice systems of many states - children appearing in court without lawyers.
U.S. group sets oil talks with China
A group of prominent business executives and national security figures will visit China next month as part of their drive to reduce U.S. dependence on oil.
US futures point to flat opening
Futures on major U.S. stock indices point to a flat opening on Friday with futures on the S&P 500 down 0.01 percent, futures on the Dow Jones Industrial Average up 0.04 percent and Nasdaq100 futures down 0.10 percent.
Stocks creep higher on drop in jobless claims, FedEx upbeat forecast
Stocks rose, likely boosted by a drop in jobless claims and an optimistic forecast by FedEx Corp. (NYSE: FDX), ahead of post-closing earnings reports from Research In Motion (Nasdaq: RIMM) and Oracle (Nasdaq: ORCL).
US stocks modestly higher in early trade
U.S. stocks advanced in early trade on Thursday, following better-than-expected initial jobless claims and housing starts data.
Stocks in Focus (ORCL, RIMM, ACN, GIS, DHR, FDX)
The companies which are expected to see active trade in Thursday are Oracle, Accenture, Research In Motion, Danaher, FedEx and General Mills.
Shipping Companies Use Technology To Handle Holiday Volume
The holiday season means some of the busiest days for companies such as Fedex and UPS.
Cargo-bomb plot cost just $4,200 : Al Qaeda
Al Qaeda's recent Cargo-bomb plots which were foiled by the Saudi intelligence cost them just $4200, according the group's propaganda magazine. The Yemen-based Al-Qaeda in the Arabian Peninsula (AQAP) detailed the plot it called Operation Hemorrhage in its latest edition of the Inspire magazine.
German 'flight bomb' scare a security test: minister
A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
German 'flight bomb' scare, a security test: minister
A suspect package believed to be containing components of a bomb found at Windhoek airport on Thursday was only a security test, German officials said on Friday. Interior Minister Thomas de Maiziere stated that suitcase was only designed for security checks and no explosives of threat to passengers were found in the package.
'Suspect bomb' found on German flight
A suspect package believed to be containing components of a bomb was reportedly found at the Namibian Capital of Windhoek on Thursday. A suitcase checked on to a plane en-route to Munich Germany was intercepted during the loading of an Air Berlin flight. Initial reports from the Germany's Federal Crime Office suggest that the X-ray device revealed batteries that were attached with wires to a detonator and a ticking clock.
Lawmakers seek enhanced security for air cargo
According to government figures, in 2008, merchandise shipped into the U.S. by airplane accounted for 20 percent of the nation’s imports, with a value of $417 billion. That’s a great deal of items and only one, or two, would have to explode to have, through terror, a crippling effect upon the nation’s economy, to say nothing of the nation’s spirit.