Economic Outlook: Picking up the pieces

It only looks like Republicans are on the defensive -- after all, they blocked the vote with help from one Democrat, Sen. Ben Nelson of Nebraska, who voted, reportedly, with one constituent in mind, the Sage of Omaha, Warren Buffett.

Goldman Sachs suit alleges deception

Robbins Geller Rudman and Dowd, the law firm that won $7.2 billion in a suit against energy trader Enron, seeks class-action status for its case, CNN reported. The firm said it is suing on behalf of Howard Sorkin, Ilene Richman and all other similarly situated investors.

Goldman Sachs suit alleges deception

Robbins Geller Rudman and Dowd, the law firm that won $7.2 billion in a suit against energy trade Enron, seeks class-action status for its case, CNN reported. The firm said it is suing on behalf of Howard Sorkin, Ilene Richman and all other similarly situated investors.

Crude oil prices drop Monday

Stocks were mostly higher Monday in Asia and Europe. But stocks were flat on Wall Street to start the week.

Grain futures down with wheat off sharply

Corn was off 3/4 to off 1 3/4, soybeans were off 3/4 to off 2 1/2, wheat was off 15 3/4 to off 17 1/2 and oats were off 2/4 to unchanged.

Markets flat Monday

If approved, the deal would force banks to spin off their swap desks or forfeit discount government loans at the Federal Reserve.

SEC missed chances to stop Stanford

Similar to an inspector general report lambasting the SEC for missing the Bernard Madoff Ponzi operation in the early going, an inspector general's report said the Texas office failed three times to pursue a case against Allen Stanford, which allegedly ended with Stanford duping investors out of $7 billion, The Dallas Morning News reported Monday.

Sony to stop making floppy discs

RIP, my floppy friend, a eulogist from Wired wrote.

Editor's computers seized over iPhone

Chen wrote last week about the next generation iPhone it purchased for $5,000 from someone who found it in a bar in San Jose, Calif., The New York Times reported.

AstraZeneca to settle case for $520M

Sources said the Justice Department planned to hold a news conference Wednesday concerning the case.

Crop planting at a rapid clip

The 5-year historic average for corn planting for this week of the year is 22 percent of the acreage. At this point this spring, 50 percent of the acreage is planted, the USDA said.

Markets flat Monday

If approved, the deal would force banks to spin off their swap desks or forfeit discount government loans at the Federal Reserve.