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Custer Battles is under investigation by the Department of Defense for allegedly overcharging the government millions by making up invoices for work never done, equipment never received, and guards who didn't exist.

The chief executive officer of BNP Paribas-North America acknowledged the bank had committed "avoidable errors" in handling some of the vast program's accounts, but said an extensive internal probe had uncovered no outright fraud related to questionable transfers.

The World Trade Organization's highest court issued a final ruling Thursday ordering the European Union to stop illegally dumping subsidized sugar on global markets or face punishment.

Malaysia's workers will mark International Labor Day on May 1 with a strong protest against globalisation, which they feel is gradually eroding away their rights and making poor Malaysians poorer.

Attorney general says downloading bootlegs is illegal, but many students are unfazed. "When I buy a CD I feel like I'm paying for corporate lawyers and corporate headquarters and, no offense, but I don't want to do that. And I don't have to," says one.

Deficit-plagued Washington's checkbook remains open to military contractors and nearly all of Europe's leading defense firms are pressing for more U.S. military business.

For now, the United States remains well positioned, at least when it comes to energy supplies. The proven reserves in the Middle East make it the expected primary global supplier of crude oil. Iraq, where the United States has forcefully established a beachhead, has proven oil reserves of between 78 and 112 billion barrels.

Science Applications International Corporation, one of the Pentagon's largest contractors, has agreed to pay the government $2.5 million to settle accusations that it illegally made a 30 percent profit on environmental cleanup work in Texas for the Air Force.

In 2003, conquering Iraq looked like a great package deal, what with all that oil -- second only to Saudi Arabia -- and the manufactured photo ops of cheering Iraqis. This was a win-win, as the corporate guys like to say.

Chalabi is taking over the ministry at a critical time. It must make decisions on which companies get preference for oil sales, which contracts are honored and which will be renegotiated. The ministry also faces frequent sabotage against its oil pipelines.