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Aug 29

United States

Prosecutors Barred – Firms Safe From Waiving Legal Privileges: Justice

Announcing a new set of guidelines and policies for federal prosecutors investigating corporate companies, the Justice department on Thursday, barred prosecutors from asking companies to turn over legally protected material or for that matter, waive their attorney- client privileges, among others.

Stocks falter, oil prices rally

New York -- U.S. stock indexes declined Friday on several issues as oil prices perked up for the Labor Day weekend and maybe a confrontation with a storm.

Ohio State gives Tressel rich new contract

Columbus, Ohio -- Ohio State football coach Jim Tressel has been given a raise that, at $3.5 million a year, makes him the highest paid coach in the Big Ten Conference.

You Should Buy Stocks Just Like This One

There's no getting around it: The past year has been awful for dividend-focused investors.

Companies that not along ago were considered bastions of dividend fortitude -- Citigroup (NYSE: C), Fannie Mae (NYSE: FNM), etc. -- have been slashing payouts left and right. In fact, there were more dividend cuts last quarter than in any quarter since 1991.

Grandparents big on back-to-school sales

New York -- It's back to school for many U.S. students and in these tough times with a lot of clothes to buy it's the grandparents footing the bill, a survey indicates.

Blogger could get jail time for GNR leak

Los Angeles -- The California blogger accused of posting nine unreleased Guns N' Roses songs on the Internet reportedly could get up to three years in prison if convicted.

J. Lo attends DNC reception for Edelman

Denver -- Jennifer Lopez was among the hosts of an event honoring children's rights advocate Marian Wright Edelman in Denver this week, organizers said.

Stocks down, oil rallies as storm nears

New York -- U.S. stock indexes edged lower Friday as oil prices climbed and Tropical Storm Gustav bore closer to the Gulf of Mexico.

Mackenzie Phillips released on $10K bail

Van Nuys, Calif -- Actress and singer Mackenzie Phillips, who was arrested this week for alleged drug possession, has been released from Van Nuys Jail after posting $10,000 bail.

'Chuck' gets full-season order

Los Angeles -- NBC says it is picking up nine additional episodes of its sophomore drama "Chuck" to give the U.S. series a full-season order for 2008-09.

Doherty denies brawling with Garth

Los Angeles -- Shannen Doherty says a widely circulated story that she and her "Beverly Hills, 90210" co-star Jennie Garth once engaged in fisticuffs is untrue.

NBC renews 'America's Got Talent'

Burbank, Calif -- NBC says it has renewed the television competition show "America's Got Talent" for a fourth season.

Duchovny being treated for sex addiction

Los Angeles -- David Duchovny's lawyer says the married U.S. television and film actor is undergoing treatment for sex addiction.

Aaron Sorkin to Pen a Film About "Facebook"

Aaron Sorkin, an acclaimed Hollywood writer, is writing a movie about the online social networking site Facebook Inc. Sorkin, a playwright and screenwriter and the creator of the television series “The West Wing,” announced on his own new Facebook page that he has agreed to pen a film about the founders of social networking site Facebook.

Magnesium Sulfate Reduces Threat of Cerebral Palsy

A study indicates that Magnesium sulfate partially decreases the risk of cerebral palsy in the babies that are born to mothers who are at the danger of preterm delivery.

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