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Top SAC Capital Manager Guilty Of Insider Trading
Michael Steinberg, the highest-ranking employee at the hedge fund to be convicted in an insider trading sweep, was found guilty on five counts of conspiracy and securities fraud.
Push For Release Of CIA Interrogation Report Continues
Democrats on the Senate Intelligence Committee are pressing for the release of a so-called torture report on Bush-era interrogation practices. But there are several hurdles to clear before portions of the report might become declassified.
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•
4:23
I Love To Shop, But Do I Have A Shopping Problem?
Sophie Varon loves to shop. The store Forever 21 is her weakness. And lately, she's been wondering if her shopping habit has become a shopping problem.
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•
4:01
Congress Poised To Permanently Fix Its Medicare Payment Glitch
After a decade of kicking the ball down the road, Congress appears ready to repeal its payment formula for Medicare and replace it with a whole new system. This time, doctors would be paid according to the quality of results they produce, rather than the number of services they provide.
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•
4:42
Russian Demand Fuels Comeback Of North American Fur Market
Upwardly mobile consumers in China and Korea also are buying lots of fur, and "not necessarily your grandmother's old mink coat," says an observer. U.S. and Canadian trappers are flush; animal welfare advocates are concerned.
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3:45
Even If FCC Relaxes Rules, Delta Won't Allow In-Flight Calls
Delta CEO Richard Anderson says frequent flyers believe voice calls in the cabin would disrupt travel. So the airline announced it will ban in-flight calls even if the FCC changes the rules.
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1:47
Senate Follows House, Passes Budget Deal
Congress has approved the bipartisan Budget Act of 2013. It temporarily ends months of partisan gridlock over spending.
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•
3:25
U.S. Diplomat Tours Central African Republic
Before becoming the U.S. ambassador to the United Nations, Samantha Power was a journalist who wrote about stopping genocide. Now she's visiting a country where there's fear of one. Fighting between Muslims and Christians has killed nearly 1,000 people.
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•
3:56
Existing Home Sales Dip, But Prices Rise
The housing market is cooling because of higher mortgage rates and limited supply, economists say. Meanwhile, seasonal factors related to the holidays may have temporarily pushed up claims for jobless benefits.
The Washington Two-Step: Dancing Back To Normal
Washington took two big steps toward more normal times. First, the Federal Reserve said it will modestly taper down its easy-money program. And then Congress completed the first bipartisan budget agreement in years. But some other obstacles loom.
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