Law & Regulation
The experience of SÃ£o TomÃ©, a poor country that supports itself by selling cocoa and commemorative stamps featuring celebrities like Elvis Presley and Brigitte Bardot, shows how just the hint of oil can set off a scramble for riches.
Amid a barrage of criticism, the Securities and Exchange Commission is temporarily suspending an online list intended to spotlight companies doing business in countries tied to terrorism.
Jamie Leigh Jones was just 20 in 2005 when she took a leap of faith to work in Iraq for her employer, military contractor Kellogg, Brown & Root, then a subsidiary of Halliburton. She went on a mission she believed in. Shortly after her arrival in Iraq, however, Jones' ambitions were dashed in an alleged gang rape by co-workers.
Three lawsuits filed on Monday provided new details about what regulators say went on inside Bernard L. Madoff's long-running Ponzi scheme, including information about who might have helped perpetuate the fraud for so long.
A former government attorney told Congress on Wednesday that he was fired for investigating a hedge fund too aggressively and said law enforcement is failing in its duty to protect investors in the growing hedge fund industry.
Fears that big operations will muscle out family farms have produced a backlash, including a boycott by the Organic Consumers Association against the country's biggest organic milk brand, Horizon Organic.
This week the Project on Government Oversight released damning allegations of deviant hazing at a camp for security guards in Afghanistan. Sparking questions from the State Department, POGO warned the problems are "posing a significant threat to the security of the embassy and its personnel."
Government lawyers who will try the case against Enron's former chief executives, Kenneth L. Lay and Jeffrey K. Skilling, have signaled that they intend to spend less time befuddling jurors with talk of Enron's accounting.