IBT Staff Reporter

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Rajaratnam paid for tips, ex-McKinsey man testifies

A disgraced former McKinsey & Co partner told jurors he leaked secrets about the elite consulting firm's clients in exchange for $1.75 million in hidden payments from onetime friend Raj Rajaratnam, the main defendant in the biggest U.S. insider trading trial in years.

Wal-Mart expands free pick up service across U.S.

Wal-Mart Stores Inc is expanding a program that lets shoppers pick out items online and pick them up in its stores across the United States as it tries to bring people to its stores more often following several quarters of disappointing sales.

Anonymous Threatens To Post Info On Bradley Manning's Guards

Anonymous is giving the U.S. military until Monday to improve its treatment of Bradley Manning, the U.S. army private accused of leaking secrets to Wikileaks, or it will post the personal information of the guards and commanders at the base where he is being held.

Madoff stumble complicates SEC's money pitch

New missteps in response to the epic fraud of Bernard Madoff threatened to undermine the Securities and Exchange Commission's pitch for more money before a trio of congressional committees on Thursday.

N.J. state computers nearly sold with sensitive data

Child abuse reports, Social Security numbers and other highly sensitive data were discovered on a batch of government computers headed for the auction block to be sold by the State of New Jersey, authorities said on Thursday.

Arsenal boss Wenger brands UEFA a dictatorship

Arsenal manager Arsene Wenger branded European football governing boday UEFA a dictatorship after being charged with improper conduct following his side's Champions League elimination at the hands of Barcelona.

Five actors that could play John McCain in Game Change [PHOTOS]

It was recently announced that actress Julianne Moore has been cast to play former governor of Alaska, Sarah Palin, in the upcoming HBO film Game Change. It has not been announced who will play the role of presidential-hopeful, John McCain. Here is a look at five actors that could fit the role.

Macau's Stanley Ho says family dispute resolved

Octogenarian gaming magnate Stanley Ho, chairman of Macau's biggest casino operator SJM Holdings <0880.HK>, said he had resolved a high-profile dynastic tussle played out via a worldwide web audience since January.

Ex-McKinsey partner tells jury he tipped Rajaratnam

A disgraced former partner at McKinsey & Co told jurors he leaked stock tips about the elite consulting firm's clients to Raj Rajaratnam, in dramatic testimony at the biggest U.S. insider trading trial in years.

Rajaratnam tapes played for jurors in N.Y. court

Jurors for the first time heard the voices of accused hedge fund manager Raj Rajaratnam and some of his high-placed friends discussing stocks in wiretapped conversations that authorities argue show he traded illegally on company secrets.

Raj Rajaratnam tapes played for jurors in N.Y. court

Jurors for the first time heard the voices of accused hedge fund manager Raj Rajaratnam and some of his high-placed friends discussing stocks in wiretapped conversations that authorities argue show he traded illegally on company secrets.

S&P 500 technical levels weaken

The S&P 500 fell on Thursday below its 50-day moving average for the first time since November 30, highlighting the benchmark's loss of upward momentum.

Lindsay Lohan rejects plea deal

Lindsay Lohan was back in court today as she rejected a plea agreement offered by prosecutors in a grand theft case. The plea would have guaranteed Lohan's return to jail.

Deep probe expected for D.Boerse-NYSE merger

EU regulators are likely to take a long, hard look at Deutsche Boerse's planned takeover of NYSE Euronext, the EU's antitrust chief said, while a top NYSE executive said talks with authorities globally are so far going well.

Crude oil pares losses on Saudi unrest

Brent and U.S. crude oil futures pared losses on Thursday, beset by deeper geopolitical concerns on witness reports that police fired upon protesters in Saudi Arabia's Eastern province.

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