A son of legendary oil investor T. Boone Pickens was sentenced to five years of probation on Monday and ordered to take part in a substance abuse program for orchestrating a fraud scheme that involved distributing fictitious stock tips to investors.
The drooping value of the US dollar means Canadian Christmas tree growers are seeing less green this season.
Lloyds TSB Group Plc, the United Kingdom's biggest provider of personal loans, said profit in 2007 will meet analysts' estimates after a writedown on investments.
TPG Inc, the buyout group run by David Bonderman and James Coulter, will spend $282 million for a stake in NIS Group Co, a money-losing Japanese lender to consumers and small businesses.
Saving the environment wasn't as much on his mind as cutting costs when Indian entrepreneur Tulsi Tanti first turned to wind energy 13 years ago.
US President George W. Bush is set to announce a freeze on some subprime mortgages in an effort to stop a wave of foreclosures undoing the six-year expansion.
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Raymond Zhou
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