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Oil companies face a dilemma in Iraq over whether to wait for a new oil law which will give them a legal framework in which to operate or to sign agreements now with the Kurdistan Regional Government at the risk of sullying relations with Baghdad and the rest of the country.

Students at Madison protest against Halliburton Co. recruiters, evoking memories of a 1967 protest of Dow, which made napalm for the US military.

Europe's second-highest court delivered a stinging rebuke to Microsoft Monday, but the impact of the decision upholding an earlier antitrust ruling may extend well beyond the world's largest software maker to other high-technology companies.

Blackwater USA, an American contractor that provides security to some of the top American officials in Iraq, has been banned from working in the country by the Iraqi government after a shooting that left eight Iraqis dead and involved an American diplomatic convoy.

Blackwater is back in the news again -- TIME Magazine's Adam Zagorin and Brian Bennett have copies of a document that show that the North Carolina private security company's employees shot and killed eight Iraqis in a firefight.

TIME has obtained an incident report prepared by the U.S. government describing a fire fight Sunday in Baghdad in which at least eight Iraqis were reported killed and 13 wounded. The loss of life has provoked anger in Baghdad, where the Interior Ministry has suspended Blackwater's license to operate around the country.

After years of favoring the hands-off doctrine of the Bush administration, some of the nation's biggest industries are pushing for something they have long resisted: new federal regulations.

The U.S. Securities and Exchange Commission (SEC) brought charges against 69 accountants for failing to register with the Public Company Accounting Board (PCAB) earlier this week.

US financial regulators have charged 69 firms for breaking new corporate laws brought in after a wave of scandals.

The U.S. Securities and Exchange Commission has charged four more former Nortel Networks Corp. executives with accounting fraud, alleging they manipulated reserves to change Nortel's earnings statements on the orders of more senior officers of the Canadian networking equipment maker.