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11 Oct

Chesapeake CEO Sells Holdings

Chesapeake Energy disclosed that its co-founder and chief executive, Aubrey McClendon, had been forced to sell substantially all his shares to meet margin calls. ...

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G-7: Need for Urgent Action on Crisis

The U.S. and its closest allies agreed on guidelines to address the world financial crisis, a move that opens the way for a series of government actions, but falls short of a joint plan that many had sought. Paulson said the U.S. will move ahead with plans to buy equity stakes in financial instit...

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Crude-Oil Prices Fall Below $80

Plunging demand for oil shoved crude prices to below $80 a barrel, their lowest level in 13 months. ...

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Ahtisaari Wins Nobel Peace Prize

Finland's ex-president Martti Ahtisaari received the Nobel Peace Prize for his efforts to build a lasting peace in places as diverse as East Timor and the Balkans in Europe. ...

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Connecticut to Allow Gay Marriage

Connecticut's high court ruled that same-sex couples have the right to marry, making that state the third behind Massachusetts and California to legalize such unions. ...

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SEC Settles With Fidelity Over Broker Gifts

The SEC reached a preliminary settlement with eight mostly former Fidelity employees for allegedly accepting improper gifts from brokers. ...

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