DealBook: Chiesi Sentenced in Galleon Insider Trading Case

DealBook: Chiesi Sentenced in Galleon Insider Trading Case


DealBook: Chiesi Sentenced in Galleon Insider Trading Case

Posted: 20 Jul 2011 01:03 PM PDT

A federal judge in Manhattan sentenced Danielle Chiesi, a former beauty queen turned hedge fund trader, to 30 months in prison for trafficking inside information.


Pressure Mounts on Greece Meeting

Posted: 20 Jul 2011 01:03 PM PDT

France is banking on a lasting solution to Greece's debt woes at Thursday's emergency euro-zone summit, heightening the stakes for President Sarkozy's meeting with Germany's Merkel.


U.K. Panel Queries Bank Reforms

Posted: 20 Jul 2011 12:55 PM PDT

Plans to segregate U.K. banks' retail activities and require them to hold more capital received a setback as the Treasury committee said some of the key elements of the proposal could be "a leap in the dark" and need further study.


U.K. Lawmakers Rap Police Failures

Posted: 20 Jul 2011 12:57 PM PDT

U.K. lawmakers released a damning report that accused London's Metropolitan Police of making a "catalog of failures" during its investigation of phone hacking.


Japan Extends Power-Saving Push to Country's West

Posted: 20 Jul 2011 12:56 PM PDT

The Japanese government for the first time called on households and businesses in the country's west to cut back on electricity use, as fears grow over the economic impact of the spreading power crunch.


Egypt to hold parliamentary vote in 3 stages

Posted: 20 Jul 2011 01:17 PM PDT

CAIRO (Reuters) - Egyptian parliamentary elections to smooth transition to civilian rule will take place in three stages to make it easier for monitors to oversee voting, a member of the ruling military council said on Wednesday.


NZ PM dismisses 'Israeli spy' claim

Posted: 20 Jul 2011 11:24 AM PDT

Statement follows reported discovery of five different passports on body of Ofer Mizrahi, killed in February's quake.


iPhones at core of Apple stock gains

Posted: 20 Jul 2011 12:09 PM PDT

Gadget's brisk sale coupled with strong Asian business boosts US technology company's strong share performance.


Afghanistan War ‘Fragile’ but Doable, General Says

Posted: 20 Jul 2011 12:40 PM PDT

David H. Petraeus said the focus should now be on rekindling a relationship with Pakistan.


Report of Surgery for Kazakh Leader Raises Succession Issue

Posted: 20 Jul 2011 01:03 PM PDT

A German newspaper reported Wednesday that Nursultan Nazarbayev was in Hamburg recovering from prostate surgery, elevating concerns about potential political instability in Kazakhstan.


Magazine Preview: Yemen on the Brink of Hell

Posted: 20 Jul 2011 01:07 PM PDT

An attack on Taiz, "the heart of the revolution," took on a tragic dimension that went beyond dead and wounded.


iPhones at core of Apple's record gains

Posted: 20 Jul 2011 12:09 PM PDT

Gadget's brisk sale coupled with strong Asian business boosts US technology company's strong stock performance.


Cnooc May Skirt Tighter Canadian Deal Scrutiny

Posted: 20 Jul 2011 12:04 PM PDT

Resource-rich Canada is rethinking its long embrace of foreign investment, with many tighter deal reviews driven by provincial governments. But by going after a company in dire financial straits, Chinese oil giant Cnooc's bid for OPTI Canada may avoid heightened scrutiny.


News Corp.'s Costly Crisis Management

Posted: 20 Jul 2011 12:42 PM PDT

The penalty for missteps in the early phase of a corporate crisis—expense, lost reputation, distraction—can be brutally high. Witness News Corp., John Bussey writes in 'The Business.'


Talk of Greek Default Builds Before Conference

Posted: 20 Jul 2011 12:42 PM PDT

Ahead of a meeting on the European debt crisis, officials pressed for a rescue plan that would push Greece into temporary default, despite warnings.


Sightseers swept over US waterfall

Posted: 20 Jul 2011 12:34 PM PDT

Three visitors to Yosemite National Park in California are presumed dead after being swept over a 317ft (96m) waterfall, officials say.


Thailand's Irresistible Attraction for Fugitives

Posted: 20 Jul 2011 11:46 AM PDT

The country is a magnet for those seeking to hide from the law, but immigration officials say they are cracking down.


US 'to aid famine-struck Somalia'

Posted: 20 Jul 2011 12:17 PM PDT

The US says it will send aid to parts of Somalia controlled by al-Shabab if it receives assurances the Islamist militants will not benefit.


VIDEO: Exploding manhole throws car into air

Posted: 20 Jul 2011 12:13 PM PDT

Dramatic footage shows a manhole exploding in Montreal and water pushing a parked car several feet into the air.


NY prosecutors want DSK French accuser to testify

Posted: 20 Jul 2011 12:11 PM PDT

NEW YORK (Reuters) - Manhattan prosecutors investigating the attempted rape of a hotel maid by former IMF chief Dominique Strauss-Kahn asked whether his French accuser, writer Tristane Banon, would testify against him and if they could see her file, her lawyer said on Wednesday.


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