Recent Posts

Tyco to Pay SEC $50M to Settle Fraud Charges

TRENTON, N.J. – Tyco International Ltd. (TYC) said Monday it has agreed to pay the Securities and Exchange Commission $50 million to settle charges related to allegations of accounting fraud by the high-tech conglomerate’s prior management. The regulatory agency had accused Tyco of inflating operating earnings, undervaluing acquired assets, overvaluing …

Read More »

Actress Knightley Donates Oscar Dress for African Relief

NEW YORK – Keira Knightley has donated the Vera Wang gown she wore to this year’s Oscars to raise money for Oxfam’s relief work in East Africa. The burgundy silk-taffeta one-shoulder gown, which was custom-made for the 21-year-old actress, will be up for bid on the eBay auction Web site …

Read More »

Rice Urges Palestinians to Nix Terrorism

WASHINGTON – Secretary of State Condoleezza Rice on Monday cautioned Palestinian voters, who will choose a parliament this week, that terrorism is not a pathway to peace. With the Islamic militant Hamas party running neck-and-neck with Palestinian leader Mahmoud Abbas’ Fatah party before Wednesday’s balloting, Rice said it does not …

Read More »