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• SEC charges fund manager with fraud
  2012-05-17T22:50:49Z
  WASHINGTON (Reuters) - A federal grand jury indicted a former chairman of a national financial planning association of fraud on Thursday for funneling more than $46 million of his clients' money into risky ventures he co-founded. Mark Spangler, a former chairman of the National Association of Personal Financial Advisors, diverted the funds, which clients expected to be invested in publicly traded instruments, into his technology ventures, the Department of Justice said. "The Department of Justice is making the prosecution of financial fraud a top priority," said U.S. Attorney Jenny Durkan. ...
• Wal-Mart's 1Q profit up 10.1 percent
  2012-05-17T22:49:04Z
  Wal-Mart may have gotten its groove back, but an alleged bribery scheme threatens to curtail its progress.
• US eases economic sanctions to reward Myanmar
  2012-05-17T22:46:44Z
  President Barack Obama on Thursday declared a new chapter in U.S. relations with Myanmar, easing an investment ban and naming the first U.S. ambassador to the former pariah state in 22 years to reward it for democratic reforms.
• Navy ship arrives at Calif. port after collision
  2012-05-17T22:44:42Z
  Sporting crumpled catwalks and smashed lifeboats, the U.S. Navy vessel USS Essex managed to glide into San Diego Bay on Thursday, 24 hours after colliding with a tanker in the Pacific Ocean when the aging warship's steering apparently failed.
• Kennedy clan mourns as curse claims another soul
  2012-05-17T22:35:03Z
  The Kennedy clan, America's greatest political dynasty, was in mourning once again Thursday after the estranged wife of Robert F. Kennedy Jr, committed suicide by hanging herself.