A spokesman for the Independent Electoral Commission of Iraq said Wednesday that the announcement of final results from last month's Iraqi elections will be delayed so that the Commission can recount votes from 300 ballot boxes. The results were originally scheduled to be announced Thursday. No new date for an announcement was set. According to [...]

READ MORE

Same-sex marriage bans made headway in several state legislatures Tuesday. The Alabama Senate voted unanimously in favor of a constitutional amendment banning same-sex marriages after the House voted overwhelmingly in favor of an identical proposal last week. One chamber will have to pass the other's version of the bill before the proposed amendment will go [...]

READ MORE

A former Enron assistant treasurer reached an agreement with the Securities and Exchange Commission to settle civil fraud charges stemming from the corporation's collapse for $300,000, the SEC announced Tuesday. Timothy DeSpain served with the corporation from 1999 to 2002 during which time Enron failed to disclose $5 billion in debt. DeSpain will also be [...]

READ MORE

Illinois Attorney General Lisa Madigan filed suit Tuesday against 48 drug manufacturers, alleging fraud that cost Illinois residents hundreds of millions in a lawsuit similar to those filed by 19 other states. The drug companies, which include Pfizer, GlaxoSmithKline, Merck and Johnson & Johnson, have been accused of publishing wholesale prices higher than those it [...]

READ MORE

The government's main witness in the criminal case against former WorldCom CEO Bernard Ebbers testified Tuesday, directly linking Ebbers to the fraud and countering defense arguments that Ebbers did not understand the accounting schemes involved. Former CFO Scott Sullivan said Ebbers had a thorough understanding of the practices the corporation was engaging in and that [...]

READ MORE

Former Canadian Prime Minister Jean Chrétien testified Tuesday before a judicial commission of inquiry as part of an ongoing government investigation into a national unity program that resulted in $100 million in contracts being awarded to advertising firms with close ties to Chrétien's Liberal Party, with little return. No Canadian prime minister has testified before [...]

READ MORE