Tom Davis

The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned today, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion...

WASHINGTON (AP) _ The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to...

All four members of Hampton Roads' congressional delegation rejected the $700 billion Wall Street bailout plan Monday, sensing voter outrage and skeptical that the proposal was viable. Republican Reps. Rob Wittman, Thelma Drake and J. Randy Forbes...

by Mark Silva and updated In a sharply divided vote, with many members of both parties balking, the House today rejected an unprecedented $700-billion bailout for the nation's banks and other financial institutions. And on Wall Street, which Washington...

DEMOCRATS won a key concession yesterday from the White House on its proposed financial bailout and sought to drastically slash the $700-billion size of the rescue plan, saying administration officials could return to Congress later if more funding is...

President Bush on Wednesday warned Americans and lawmakers reluctant to pass a historic financial-rescue plan that failing to act fast risks wiping out retirement savings, rising foreclosures, lost jobs, closed businesses and "a long and painful...

by Mark Silva With help like this... The reviews on John McCain's impact on the congressional bailout negotiations were rather mixed - with fellow Republicans insisting that he had helped, and Democrats complaining that he had helped run the talks......

Wildlife biologist Aimee Byard took it as a hopeful sign when she spotted 11 bighorn lambs, including a rare set of twins, nibbling encelia and ambrosia high above the multimillion-dollar homes of Rancho Mirage this spring. But as fall approaches,...

Federal investigators said Wednesday that an Interior Department group in charge of collecting oil and natural gas royalties was compromised for years by employees who improperly accepted gifts from oil company employees, handed out sweetheart deals,...

A scandal involving sex, drugs and -- uh, offshore oil drilling. It's a strange mix, and it couldn't have come at a worse time for those in Congress pressing to expand oil and gas development off America's beaches while trying to stave off an election-...

Andrew Fischer briefly practiced law before getting into real estate and starting a business that rehabilitated homes and buildings on the North Shore and Chicago's North Side. Mr. Fischer, 44, vice chairman of the board of the industrial chemical and...

A Chicago man was charged with theft after he walked into a Niles pet store with his 5-year-old son and talked an employee into letting him leave with a puppy that had been purchased by someone else, police said Wednesday. Donald Kolakowski, 39, of the...