Search results for

Enron whistleblower Sherron Watkins testifies against former chairman Kenneth Lay. Watkins met with Lay four months before the company went bankrupt, and warned him about accounting problems. Prosecutors hope her testimony will show that Lay made intentionally misleading statements to investors.

In Rome, foreign ministers from the U.S., Europe and many Arab countries agree that an international force is needed to bring peace to Lebanon. U.S. Secretary of State Condoleezza Rice said the ministers wanted a force under a U.N. mandate, with a strong and robust capability.

When Congress expanded Medicare to include drug coverage, it ordered the National Institute of Medicine to look at what should be done to minimize medication errors. The agency says medication errors harm at least 1.5 million Americans every year.

Andrew Fastow, the former chief financial officer of Enron, begins testimony as the key prosecution witness against his former bosses, Kenneth Lay and Jeffrey Skilling. In testimony, Fastow directly connects Skilling to a conspiracy to minimize losses and make the company's earnings look better.

An unprecedented daytime curfew imposed by the Iraqi government deters attacks after a recent surge in sectarian violence. Iraqis, however, say that the crisis caused by Wednesday's bombing of a Shiite shrine is far from over, and rumblings of civil war can be heard around Baghdad.

Scores of Iraqis -- mostly Sunni Arabs -- have been killed since Wednesday's bombing of a major Shiite shrine north of Baghdad. Sunni political leaders have withdrawn from talks on a new government and say they will not return until attacks on Sunnis by mobs of Shiite men are halted.

The Supreme Court overturns the conviction of the accounting firm Arthur Andersen. The company had been convicted of instructing employees to shred documents, hindering an investigation of Andersen's role at Enron Corporation. Andersen said its officials had been reminding employees of the firm's policy of disposing of documents that are no longer needed.

Reacting to proposed job cuts at General Motors, United Autoworkers officials say the U.S. car giant can't shrink its way out of its financial problems. GM plans to eliminate 25,000 jobs and close some of its plants by 2008. The automaker lost more than $1 billion in the first quarter of 2005.

A new exhibition at the Museum of Modern Art of Forth Worth — "Women Painting Women" — shows viewers what happens when women are both the subject and the artist. The result: something raw and real.

House Republicans have put funding for public broadcasting on the chopping block. They say their action isn't related to ideological concerns. The move comes at a time when public broadcasters are confronting allegations of liberal bias.