News archive from 5 May 2011

UBS agrees to pay $160M in muni bond settlement

WASHINGTON - Switzerland’s biggest bank UBS AG has agreed to pay $160 million to settle charges that it rigged the bidding process for investment contracts with cities and towns in 36 states. Federal and state officials announced the settlements...

 

Greater Phoenix, Arizona priciest home sales

Done Deals: The Valley's priciest home sales Loading list... $3,000,000 PV Burton, a Delaware LLC, paid $3 million for this 6,598 square-foot home on the east side of Mummy Mountain in Paradise Valley. $2,830,000 Craig Langel paid $2.83 million for...

 

Indictment charges Canadian in Oak Brook slaying

A Canadian man accused of last month’s parking lot ambush murder of a Westmont woman in Oak Brook has been indicted on five counts of first-degree murder by the DuPage County Grand Jury. Dmitry Smirnov, 20, of Surrey, British Columbia, is to be...

 

UBS agrees to pay $160M in muni bond settlement

WASHINGTON - Switzerland’s biggest bank UBS AG has agreed to pay $160 million to settle charges that it rigged the bidding process for investment contracts with cities and towns in 36 states. Federal and state officials announced the settlements...

 

Kellogg, ConAgra, CBS, OpenTable, MGM Resorts among big market movers Wednesday

NEW YORK - Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE ConAgra Foods Inc., up 76 cents at $25.51 The packaged food maker made a $4.9 billion bid for cereal maker Ralcorp...

 

Summary Box: Silver leads commodities sell-off

TARNISHED SILVER: Silver plunged 7.5 percent, its third consecutive day of losses. Many investors sold holdings for a profit after the price pushed close to $50 an ounce last week. BROAD DECLINES: Investors sold off an array of commodities to...

 
Snyder: Ex-GM exec Roy Roberts is 'someone so well-respected' for DPS emergency manager

Snyder: Ex-GM exec Roy Roberts is 'someone so well-respected' for DPS emergency manager

Gov. Rick Snyder announced former GM executive Roy Roberts as Detroit Public Schools' new emergency manager this afternoon, saying at a press conference he was looking for a Detroiter to take the helm and found the best man for the job. Roberts'...

 

Protest aims to bump Trump from Indy 500 pace car

INDIANAPOLIS - The decision to have Donald Trump drive the pace car at the Indianapolis 500 is drawing criticism. Fans, local citizens and even an Indiana state lawmaker want to dump The Donald from his celebrity drivership scheduled before the May 29...

 

Clippers' Griffin unanimously voted top NBA rookie

LOS ANGELES - Los Angeles Clippers forward Blake Griffin has been named the NBA's Rookie of the Year by a unanimous vote. Griffin accepted the award Wednesday at the Clippers' training complex. Griffin received every first-place vote from a panel of...

 
52 Years and $750 Million Proves It: Einstein Was Right

52 Years and $750 Million Proves It: Einstein Was Right

In a tour de force of technology and just plain stubbornness spanning half a century and more than $750 million, a team of experimenters from Stanford University reported on Wednesday that a set of orbiting gyroscopes had detected a slight sag and an...

 

Betty White, romance coach

Don't kid yourself. Even though her age is 89, you, too, would like a shot at Betty White, stone cold fox. White is a white-hot commodity now. Already well regarded as an actress (seven decades!) and animal lover (maybe before you were even born), in...

 

Council quietly passes Lincoln Park Hospital plan

The Chicago City Council today adopted a controversial plan to put condominiums, offices and a grocery store on the Lincoln Park Hospital site. Retiring Ald. Vi Daley, 43rd, supports the plan, while her successor on the council, Michele Smith,...

 
Beige Never Looked So Bright

Beige Never Looked So Bright

DOLLY PARTON and Gloria Gaynor singing an impromptu duet. Britney Spears supposedly skipping out on her check. Jocelyne Wildenstein showing off her nip and tuck. They were all part of the mix at Beige, the fashion-y, mostly-but-not-all-gay party held...

 
Jimmy

Jimmy

IN a space-deprived city, the rooftop pool is a symbol of thumb-in-your-eye luxury. Jimmy, which opened on the 18th floor of the James Hotel, joins the Standard, Trump SoHo and Gansevoort hotels as places where patrons can pretend they’re in Miami. It...

 
Int'l Cycling Union takes aim at Floyd Landis for 'repeated, serious attacks' against organization

Int'l Cycling Union takes aim at Floyd Landis for 'repeated, serious attacks' against organization

The international governing body for competitive cycling said Wednesday that it had launched legal proceedings in Switzerland against former cyclist Floyd Landis, who has said the organization and its leaders are complicit in the sport's persistent...

Daily News, 17:19 in Sport
 

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