JUDICIARY

Personal bankruptcies spike 9 pct in 2010, rise expected in 2011

The number of U.S. consumers who filed petitions for personal bankruptcy protection grew 9 percent to 1.53 million in 2010 and this could rise as consumers struggle with excess debt in an uncertain economy, according to the American Bankruptcy Institute (ABI), an association of attorneys and other bankruptcy professionals, and the National Bankruptcy Research Center (NBKRC).
More news
Talks resume on Iran's nuclear program

Talks on Iran's nuclear program resume

International talks on Iran's nuclear activity got under way in Geneva on Monday amid Tehran's claims of achieving self-sufficiency in the fuel cycle. Analysts say that little is expected from the talks. But the latest developments in Iran are likely to give it the confidence to put forward demands of sanctions against the Islamic Republic to be lifted. The talks between Iran and the five UN powers - the US, Russia, China, France and Britain - plus Germany were stalled 14 months ago.
A salesperson from Ssangyong Motor walks past the company's logo at its branch shop in Seoul

Mahindra buys Ssangyong Motor for $464 mln

India's Mahindra & Mahindra (M&M) said on Tuesday that it has agreed to acquire 70 percent interest in South Korea's Ssangyong Motor Company Limited (SYMC) for $463.6 million, in an attempt to gain momentum in global markets.
IBTimes Logo

Fed judge pleads guilty to drug charge

A federal district court judge, who was arrested last month for purchase and use of drugs and illegal possession of firearms, has pleaded guilty and has agreed to step down from the bench.
U.S. Representative Charles Rangel (D-NY) talks on his mobile phone as he waits for the panel to return from a break in his ethics hearing before the House Adjudicatory subcommittee at Capitol Hill in Washington, November 18, 2010

U.S. House will decide Rangel's fate next week

Rep. Charles Rangel (D-N.Y.), who has been found guilty of ethics violations, could become the congressman to be censured since 1983 if the full House of Representatives approves the punishment recommended by the congressional ethics committee.
Ahmed Khalfan Ghailani, a Tanzanian held at the U.S. naval base in Cuba since 2006 accused of involvement in the bombing of U.S. embassies in Africa, is depicted in this courtroom sketch of his arraignment, in New York, June 9, 2009

Ghailani acquitted of 284 of 285 terrorism charges by U.S. jury

In what looks like a setback for the Obama administration in matter of trial of terrorism suspects in civil court, the first suspect transferred from Guantanamo military prison to face a U.S. civilian trial was found not guilty by a Manhattan federal court jury on all but one charge in the 1998 African embassy bombings.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.