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![]() Lead Photo Jul 10 10:50pm PT |
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![]() Senate Passes Multiple Corporate Crackdowns
Jack Grubman(R) testifies before the House Financial Services committee July 8, 2002 beside (L-R) former Arthur Andersen executive Melvin Dick, former WorldCom CEO Bernard Ebbers and former WorldCom CFO Scott Sullivan. The U.S. Senate, responding to a wave of corporate scandals at giant companies Worldcom and Enron, unanimously approved a measure on July 10 that would make defrauding shareholders a felony carrying penalties of up to 10 years in prison. (Hyungwon Kang/Reuters)
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![]() ![]() ![]() Front Page Headlines Jul 10 10:50pm PT |
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| Top Stories from Reuters | Jul 10 10:30pm PT |
- Senate Passes Multiple Corporate Crackdowns
- Stocks Careen to 1997 Lows Amid Accounting Worries
- Mississippi U.S. Attorney Taken Off WorldCom Case
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| World News from Reuters | Jul 10 10:28pm PT |
- S.Korea Picks First Female PM, Replaces 6 Ministers
- Amnesty Raps Palestinian Attacks on Israelis
- Typhoon Misses Tokyo, Pounds Northern Japan
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| Politics News from Reuters | Jul 10 8:16pm PT |
- House Passes Bill to Arm Airline Pilots
- Senate Approves Bush Corporate Crime Proposals
- Watchdog Group Sues Halliburton, Cheney
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| Business News from Reuters | Jul 10 9:35pm PT |
Stocks Careen to 1997 LowsOracle CEO Compliments MicrosoftJune Retail Sales Seen Up 0.7 Percent
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