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Justice Department probing Moody's for mortgage deal grades: WSJ

Sunday, 01 February 2015 15:57
(Reuters) - The U.S. Justice Department is investigating Moody's Investors Services for issuing favorable grades on mortgage deals in the lead-up to the financial crisis, the Wall Street Journal reported on Sunday. The federal probe comes as the Justice Department nears a settlement with Standard & Poors Ratings Services over similar actions, the Journal reported. (Reporting by Suzanne Barlyn)GovernmentWall Street Journal
Wrongfully imprisoned, he got all-expense-paid trip
Sunday, 01 February 2015 14:59
Story highlightsRyan Ferguson is taking his dad Bill on a bucket-list trip to the Super BowlFerguson spent 10 years in prison in Missouri for a crime he didn't commitA ticket agency heard his story and offered him a free trip to Sunday's big game (CNN)When Ryan Ferguson and his dad travel this week to Glendale, Arizona, for the Super Bowl, it will be a bucket-list experience. And yet for them it will be so much…
Self-Styled 'Seer' Faces Murder Trial in Death He Foretold
Sunday, 01 February 2015 14:59
The leader of a Kansas commune that prosecutors say lived off insurance payouts following the deaths of group members is set to stand trial on a murder charge in the 2003 drowning of one of them — a young mother whose death he allegedly foretold weeks before it happened. Daniel U. Perez, a 55-year-old self-proclaimed seer, is charged with first-degree premeditated murder in the death of Patricia Hughes, 26, at the group's compound in the…
Justice Department investigating Moody's for mortgage deal ratings: WSJ
Sunday, 01 February 2015 14:57
(Reuters) - The U.S. Justice Department is investigating Moody's Investors Services for issuing favorable grades on mortgage deals in the lead-up to the financial crisis, the Wall Street Journal reported on Sunday. The federal probe comes as the Justice Department nears a settlement with Standard & Poors Ratings Services over similar actions, the Journal reported. (Reporting by Suzanne Barlyn)GovernmentWall Street Journal
Obama targets foreign profits with tax proposal, Republicans skeptical
Sunday, 01 February 2015 14:57
By Jeff Mason and Kevin Drawbaugh WASHINGTON (Reuters) - President Barack Obama's fiscal 2016 budget proposes a 19 percent tax on U.S. companies future foreign earnings and a one-time 14 percent tax on roughly $2 trillion of profits being held offshore, the White House said on Sunday. Revenues from the one-time tax would be used to fund infrastructure projects and fill a projected shortfall in the Highway Trust Fund.
Prince William, Kate Middleton Reject Benedict Cumberbatch’s Gay Rights Plea
Sunday, 01 February 2015 13:58
Egypt Deports Jailed Australian Reporter An Al Jazeera journalist, who has served 400 days in an Egyptian jail on charges including helping the outlawed Muslim Brotherhood, has been deported. Australian Peter Greste was released from a Cairo prison earlier and is now on a flight to Cyprus. Mr Greste, along with Al Jazeera colleagues, Canadian-Egyptian Mohamed Fahmy and Egyptian Baher Mohamed, have been held in prison since December 2013. The trio were sentenced last June…
Guinea's luck runs out as Ghana reaches AFCON last four
Sunday, 01 February 2015 13:58
Story highlightsGhana beats Guinea 3-0 in Africa Cup of Nations quartersChristian Atsu scores twice in decisive winGuinea goalkeeper Naby-Moussa Yattara sent off near end Ivory Coast playing Algeria later Sunday Follow us at @CNNSport and like us on Facebook (CNN)Ghana earned a semifinal clash with hosts Equatorial Guinea after dispatching a disappointing Guinea 3-0 in the Africa Cup of Nations Sunday. The comfortable victory lifted the Black Stars into the last four of the competition…
Puppy Bowl enters its second decade
Sunday, 01 February 2015 13:58
Story highlightsPuppy Bowl launched on Animal Planet as Super Bowl counterprogramming in 2005Millions watch Puppy Bowl each year (CNN)The first Puppy Bowl aired on February 6, 2005, on a hunch that viewers would tune in to watch puppies run around a small replica of a football field. Boy, did they ever. As the popular sideshow enters its second decade, it has become one of Animal Planet's most popular shows, with animal lovers around the world…
Rory McIlroy opens 2015 account with Dubai win
Sunday, 01 February 2015 13:58
Story highlightsRory McIlroy claims Dubai Desert Classic titleCements his status as world number one Alexander Noren closes strongly for second placeMcIlroy's court case against former management company begins later this week Follow us at @CNNSport and like us on Facebook (CNN)Rory McIlroy completed his gun-to-tape victory in the Dubai Desert Classic Sunday to cement his position at the top of golf's world rankings. McIlroy carded a two-under-par final round 70 at the Emirates GC for…
49 years of Super Bowl rings
Sunday, 01 February 2015 13:58
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