Two Wisconsin state Supreme Court justices who allegedly had a violent encounter over collective- bargaining legislation won’t face charges, said a state district attorney appointed as special prosecutor to review the incident.
Changes to Australia’s retirement savings system will lift the nation’s pension pool by A$500 billion ($463 billion) by 2035, helping to shape financial services into a key export industry, Australian Prime Minister Kevin Rudd said.
Eight former Morgan Keegan & Co. mutual-fund directors agreed to settle U.S. regulatory claims that they allowed assets backed by subprime mortgages to be overvalued as the housing market collapsed in 2007.
Julia Gillard staged a political coup in June 2010 to become Australia’s prime minister and clung to power two months later, assembling a one-seat majority after the closest election since 1940. Her biggest leadership test may come next week.
A federal appeals court upheld the 30-year prison term of Lance Poulsen, founder of National Century Financial Enterprises Inc., as well as his convictions at separate trials on obstruction of justice and fraud charges.