Former WorldCom CEO Bernard Ebbers was sentenced Wednesday to 25 years in prison. US District Court Judge Barbara Jones handed down the sentence three years after WorldCom collapsed in an $11 billion accounting fraud, losing billions for investors. In March 2005 Ebbers was found guilty of fraud, conspiracy, and filing false documents with regulators. Reuters [...]

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US President George Bush said Wednesday that he will not comment on top aide Karl Rove's involvement in leaking the identity of CIA agent Valerie Plame until a federal criminal investigation into the controversy is complete. Bush called it a "serious investigation" and said he would "not prejudge the investigation based on media reports." The [...]

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Argentine newspaper La Nacion reported Wednesday that Argentina has taken formal responsibility for its failure to discover who was behind the 1994 bombing of a Jewish center in Buenos Aires that killed 86 people and that Argentine President Nestor Kirchner has admitted that previous administrations tried to downplay the failures in the investigation. Kirchner added [...]

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Texas District Judge Robert Perkins Tuesday reaffirmed an indictment for violations of a state law regarding corporate campaign contributions against an ally of House Majority Leader Tom DeLay (R-TX). John Colyandro, executive director of Texans for a Republican Majority , was indicted last September on charges of illegally collecting campaign money. The court rejected defense [...]

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Italian police executed 200 search warrants across the country Wednesday, searching for illegal arms and explosives, the public security department for the Italian Interior Ministry announced. The raids did not lead to any immediate arrests but police are investigating a range of crimes from falsifying documents to terrorism, primarily in Milan, Rome, Turin and Naples. [...]

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