By Elaine Donnelly
Extending sexual misconduct to combat units
Hewlett-Packard Co. said on Tuesday that it's the victim of a multi-billion dollar fraud at the hands of a British company it bought last year that lied about its finances.

Beijing's response to the deepest economic slump since the 2008 crisis is to pump money into state industry, leaving businesspeople who create jobs to fend for themselves.

The Obama administration's consumer financial-watchdog agency is backing off a plan to limit big upfront fees on credit cards.

China raised key interest rates Tuesday for the fourth time since October as it tries to dampen high inflation.

Legendary caricaturist Al Hirschfeld had said his drawings reinvented the characters of Tennessee Williams' famous plays, from "The Rose Tattoo" to "A Streetcar Named Desire."

From Alaska to Florida, the swelling "tea party" front catapulted underdog candidates in Republican primaries this year, but one of its greatest forces has been a highly organized California-based group initially formed to defeat Barack Obama's presidential bid.

The "tea party" movement established an official beachhead on Capitol Hill Monday, even as top organizers faced an internal fight over how to deal with charges of racism against fringe elements of the movement.

A national "tea party" umbrella group expelled a prominent member from its ranks over the weekend for a controversial blog post as the conservative movement continued its row with the NAACP over allegations of racism.

The teenage fugitive whom police have dubbed the "Barefoot Bandit" pleaded guilty to a minor offense in the Bahamas on Tuesday and is expected to be deported soon to the United States to face prosecution.
'I'm prepared to vote no'
Festival spokesman Mark Williams said organizers "are terribly upset if we caused her any distress. If she'd like to let her hair down and attend the festival she'd be more than welcome."
"According to GAAP (generally accepted accounting principles), the overstatement of revenue under any tax code is illegal," said Mark Williams, a finance professor at Boston University and a former bank examiner for the Federal Reserve.