| | IRS officials try to tame conference spending scandal | WASHINGTON (Reuters) - Internal Revenue Service officials on Thursday tried to tame another scandal plaguing the agency, apologizing to lawmakers for a lavish 2010 conference in California that included an elaborate Star Trek spoof training video. | | | | | Analysis: SAC insider-trading probe could last years | NEW YORK (Reuters) - The conventional wisdom on Wall Street is the clock is running out for U.S. prosecutors to make a case against billionaire trader Steven A. Cohen and his hedge fund SAC Capital Advisors after years of investigation. | | | | | | Wall St. ends higher in late rebound | NEW YORK (Reuters) - Stocks rose on Thursday, with the S&P 500 recovering after hitting a key technical level in volatile trading a day before the release of the government's jobs report for May. | | | | | | Wal-Mart has no U.S. grocery delivery expansion plans for now | ROGERS, Arkansas (Reuters) - Wal-Mart Stores Inc has no immediate plans to expand its U.S. online grocery delivery beyond a test in California because it is not yet convinced there is sufficient demand, the head of the company's global e-commerce division said on Thursday. | | | | | | S&P wins transfer of ratings lawsuits to New York | (Reuters) - Standard & Poor's and its parent company McGraw Hill Financial Inc on Thursday won a ruling that moves 15 lawsuits in which they were accused of fraudulently inflating credit ratings to a single federal court. | | | | | | Trader assets frozen by U.S. court after Smithfield deal | WASHINGTON (Reuters) - U.S. regulators have obtained a court order freezing the assets of a Thailand-based trader, saying he reaped $3.2 million in illegal profits after getting a tip ahead of the announcement that a Chinese meat company was buying Smithfield Foods Inc. | | | | | | | | A daily digest of breaking business news, coverage of the US economy, major corporate news and the financial markets. Register Today | | | | | | | The latest Reuters articles on M&A, IPOs, private equity, hedge funds and regulatory updates delivered to your inbox each day. Register Today | | | | | » MORE NEWSLETTERS | |