Investigation | featured news

A storm hits Connecticut and causes hundreds of thousands to lose power. Utility companies take a week or longer to restore it. Public outrage leads to state investigations. Officials order service improvements.

A federal judge ruled that Twitter must give information to the Justice Department about three of its account holders who are under investigation for their links to WikiLeaks.

A series of emails provided to the House Energy and Commerce Committee from individuals tied to Solyndra offer striking characterizations about running strategy with the White House to secure assistance for the now-bankrupt solar energy firm.

He set out to create a mini-Goldman Sachs. In the end, he built a mini-Lehman Brothers. Former New Jersey Gov. Jon Corzine's resignation Friday from the securities firm he led capped a week of high drama and swift failure. Less than a week ago, Corzine had expected to sell his firm, MF Global. By week's end, it had collapsed into bankruptcy. And Corzine had hired a criminal defense lawyer in the face of an investigation of the firm by the FBI and federal prosecutors.

The Republican-controlled House Energy and Commerce Committee voted to issue a broad subpoena demanding more documents from the White House as part of the committee's ongoing investigation into a government loan guarantee to the failed solar equipment maker Solyndra.

California is trying to determine whether BofA and its Countrywide Financial subsidiary sold investments backed by risky mortgages to investors in California under false pretenses, a source says. Investigators with the state attorney general's office have subpoenaed Bank of America Corp. in connection with the sale and marketing of troubled mortgage-backed securities to California investors, according to a person familiar with the probe.

The European Commission seized documents from several major banks on Tuesday, marking the intensification of a world-wide law-enforcement probe into how key interest rates are set, the Wall Street Journal said, citing people familiar with the situation.

Securities regulators have sent subpoenas to hedge funds and other trading firms as it probes possible insider trading before the U.S. government's long-term credit rating was cut last month, the Wall Street Journal said, citing people familiar with the matter.

Dozens of employees at Honolulu's airport were fired or suspended after an investigation found workers did not screen checked bags for explosives, the Transportation Security Administration said Friday.

U.S. prosecutors have launched a criminal probe into whether eBay Inc employees misappropriated confidential information from classified ad service Craigslist, according to a copy of a grand jury subpoena obtained by Reuters.