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Likely FBI nominee James Comey seen as levelheaded

WASHINGTON — Twenty years ago, James B. Comey was a young federal prosecutor in New York trying to put two Gambino brothers away for life. They were charged with murder, selling drugs, money laundering, racketeering — "the whole kitchen sink,"...

Tags: Barack Obama, Robert Mueller, George W. Bush, Justice System, Lawyers

CNET founder Halsey Minor files for bankruptcy

Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy in Los Angeles. In the personal bankruptcy filing May 24, Minor cited $50 million to $100 million in liabilities with 60 creditors, and assets of $10...

Tags: Eastman Kodak Company, Bankruptcy, Financially Distressed Companies, Sotheby's Holdings Incorporated, Internal Revenue Service

Switzerland proposes deal for banks to resolve U.S. tax dispute

Tags: Bern (Swiss Confederation), Credit Suisse Group, Geneva (Swiss Confederation), Swiss Confederation, Politics

Israeli electric car start-up Better Place files for bankruptcy

JERUSALEM – Israeli electric car company Better Place, which raised about $800 million on a vision to revolutionize the auto industry, filed for bankruptcy liquidation Sunday, citing disappointing sales and exhausted cash reserves. The spectacular...

Tags: Passenger Cars, Bankruptcy, Economy, Business and Finance, Israel, Hybrid Vehicles

Sen. Warren goads Fed, SEC, DOJ to explain no-fault bank deals

Sen. Elizabeth Warren, having chastised bank regulators for failing to put Wall Street giants on trial, is demanding to see any analyses that the U.S. Department of Justice, the Federal Reserve and the Securities and Exchange Commission have conducted...

Tags: Elizabeth Warren, Ben Bernanke, U.S. Department of the Treasury, Office of the Comptroller of the Currency, Elisse Walter

BofA pays $165 million to settle mortgage claims by credit unions

In yet another home lending legal settlement, Bank of America Corp. will pay regulators $165 million related to losses that big credit unions suffered on mortgage-backed securities. The settlement, announced Tuesday, stems from efforts by the National...

Tags: Justice System, Goldman Sachs Group, Inc., Wachovia Corp., Bank of America Corp., Economy, Business and Finance

Natalie Gulbis to miss LPGA opener while recovering from malaria

Natalie Gulbis, a veteran golfer from Sacramento, will miss the LPGA Tour's season opener this week as she undergoes treatment for malaria, the LPGA and IMG, Gulbis' management company, announced on Wednesday. Gulbis, who withdrew two weeks ago from the...

Tags: Malaria, LPGA, Sports, LPGA Tour, Golf

Some banks have become too big to prosecute, attorney general says

First, financial institutions were too big to fail. Now, are they too big to prosecute? Atty. Gen. Eric H. Holder Jr. said Wednesday that some banks had become so big that prosecuting them could endanger the wider economy. In remarks before the Senate...

Tags: Justice System, Laws, Business Institutions, U.S. Senate Committee on the Judiciary, Financial and Business Services

Two dead in bombing outside U.S. Embassy in Turkey

BEIRUT -- A bomb, apparently set off by a suicide attacker, exploded Friday outside the heavily fortified U.S. Embassy in Ankara, Turkey, killing two people and injuring at least one other, according to media and official reports. The identity and...

Tags: Bashar Assad, Ankara (Turkey), Istanbul (Turkey), Unrest, Conflicts and War, NATO

Tiger Woods agrees with Phil Mickelson on taxes

Here are a few highlights from Tiger Woods' Tuesday morning news conference in advance of this week's Farmers Insurance Open at Torrey Pines. --Tiger agrees with Phil? Well, sort of. Phil Mickelson made news this week when he said he might leave...

Tags: Phil Mickelson, Farmers Insurance Open, Rocco Mediate, Tiger Woods, Northern Trust Open

The Week in Pictures | January 14 – 20, 2013

Pictures in the News | January 18, 2013