A federal judge says the Corps of Engineers was knowingly negligent about the MRGO. Do you trust the Corps to fix the flood control system in Southeast Louisiana and keep you safe?
D.R. Horton sees 26 perecent spike in 4Q orders
Homebuilder D.R. Horton Inc., saw new home orders spike 26 percent from a year ago in the latest quarter as buyers raced to close deals and take advantage of a federal tax credit. But a wider-than-anticipated loss fueled by write-downs sent shares tumbling more than 15 percent Friday....
CAPITAL CULTURE: Sotomayor adds celebrity to court
WASHINGTON (AP) -- Apparently, no one told Sonia Sotomayor that Supreme Court justices are supposed to be circumspect, emerging from their marble palace mainly to dispense legal wisdom to law schools, judges' conferences and lawyers' meetings....
Ex-Vivendi CEO: I made mistakes but never misled
NEW YORK (AP) -- Former Vivendi CEO Jean-Marie Messier told a jury Friday he made mistakes in his troubled bid to turn the French water company into a global media giant, but he never misled shareholders about the risks....
Texas high court agrees to rehear Exxon case
DALLAS (AP) -- The Texas Supreme Court on Friday said it will again hear arguments in the nearly 15-year legal battle over accusations that Exxon Mobil Corp. loaded abandoned wells with junk, sludge and even explosives to keep other companies from drilling there....
Small Florida bank shuttered, 124th this year
WASHINGTON (AP) -- Florida banking regulators on Friday shut down Commerce Bank of Southwest Florida, marking the 124th U.S. bank to succumb this year to the struggling economy and rising loan defaults....
J.M. Smucker 2nd-quarter profit soars on coffee
PORTLAND, Ore. (AP) -- J.M. Smucker Co. nearly tripled its profit in the second quarter as the addition of Folgers coffee gave a jolt to its lineup and lower commodity prices for coffee beans and other items fattened its profit margins....
Wall leads No. 4 Kentucky past Miami, Ohio 72-70
LEXINGTON, Ky. (AP) -- Kentucky coach John Calipari looked up at the clock after Miami of Ohio tied the fourth-ranked Wildcats with six seconds left and wondered if he should call timeout....