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A committee filled with business leaders and academics was created yesterday to consider changes in the Sarbanes-Oxley Act and other laws and regulations governing securities markets and companies, with the intention of improving competitiveness for American markets.

A "healthy" number of companies have admitted paying bribes under a new World Bank disclosure program, which encourages firms that have worked on bank-funded projects to report corruption or fraud.

A battle over Wal-Mart Stores Inc.'s effort to get into financial services might derail the growth of company-owned banks, as well as Utah's ambitions to become to such lenders what Delaware is to corporations.

Drivers from low-income neighborhoods of New York, Hartford and Baltimore, insuring identical cars and with the same driving records as those from middle-class neighborhoods, paid $400 more on average for a year's insurance.

The poor are also the main customers for appliances and furniture at "rent to own" stores, where payments are stretched out at very high interest rates; in Wisconsin, a $200 television can end up costing $700.

A trial set to open here Monday is expected to be the first legal test of the wind-versus-water debate that has pitted thousands of Gulf Coast policyholders against their insurance companies since Hurricane Katrina.

In honor of this Award, World President James ''Bonds'' Wolfensohn will receive a low-interest loan to pay for his upcoming Toxic Tour of World Bank Project sites.

A former government attorney told Congress on Wednesday that he was fired for investigating a hedge fund too aggressively and said law enforcement is failing in its duty to protect investors in the growing hedge fund industry.