Jury Convicts (Stock Trading) HealthSouth Founder in Bribery Trial

Jury Convicts HealthSouth Founder in Bribery Trial
An Alabama jury yesterday convicted HealthSouth Corp. founder Richard M. Scrushy — acquitted last year of federal accounting-fraud charges — of paying half a million dollars in bribes to former governor Don Siegelman in exchange for a seat on a state health-care board.
Carrie Johnson

Google Launches Payment Service, Competing With PayPal
Google Inc. yesterday unveiled its long-anticipated service for helping consumers make purchases online, setting up a potential rival to eBay Inc.'s popular PayPal system.
Mike Musgrove

Unions Oppose Senate's Pay-for-Performance Bill
A Senate bill that would deny pay raises to federal employees who get poor job evaluations was endorsed by the Bush administration and drew opposition from two unions at a hearing yesterday.
Stephen Barr

Gas Prices Drag on May Consumer Spending
WASHINGTON — Consumer spending slowed sharply in May as rising gasoline prices left Americans with less cash for other items, the government reported Friday.
MARTIN CRUTSINGER

David Osnos: 50 Years of Practicing Friendship
There are plenty of lawyers in Washington who are better known, or work for larger and more prestigious firms, who make more money or have more political juice.

Steven Pearlstein

Majority of Large Firms Offer Employees Domestic Partner Benefits
In 1992, just one Fortune 500 company offered domestic partner health insurance benefits. Today, 253 of the 500 offer the same health benefits to employees who live with domestic partners that they do to married employees.
Amy Joyce

Homeland Security Picks 25 Firms to Compete for IT Work
Homeland Security officials yesterday announced 25 winners of the largest technology contract in the department's short history, a deal that could be worth up to $45 billion over the next seven years.
Griff Witte

Jobs Live
Career counselor Derrick Dortch discusses the hiring process for public and private sector jobs.

Derrick Dortch

NTSB Head Urges New Airline Fuel Tank Safety Rules
The nation's top aviation safety investigator said federal regulators should adopt a rule that would force airlines to modify their fuel tanks to prevent explosions similar to the one on a Trans World Airlines 747 that crashed 10 years ago, killing all 230 people on board.

Del Quentin Wilber

Kerkorian urges GM tie-up with Nissan-Renault
DETROIT (Reuters) - Billionaire investor Kirk Kerkorianurged General Motors Corp. on Friday to consider a three-waypartnership with Nissan Motor Corp. and Renault SA, sendingshares of GM higher on prospects for a speedier turnaround.
Jui Chakravorty

USA Today Backs Off Phone Record Story
USA Today has backed off some elements of a blockbuster May 11 story in which it reported that several telecommunication companies were handing over customer phone call records to the National Security Agency.
Frank Ahrens

House Passes Bill Ending Ban On Offshore Oil and Gas Drilling
The House, voting 232-187, yesterday approved a bill to end a 25-year-old moratorium on offshore oil and gas drilling. The vote came even after the White House surprised the bill's supporters by estimating that the measure's royalty terms would divert "several hundred billion dollars" away from the…
Steven Mufson

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