BUSINESS NEWS
Stocks rise amid economic hopes
NEW YORK (AP) -- With rising hopes for the economy, stocks staged a strong showing Wednesday.
Star witness in Petters case sentenced to 1 year
September 02, 2010 11:32 EDT
ST. PAUL, Minn. (AP) -- The woman who blew the whistle on Tom Petters' $3.7 billion Ponzi scheme, even as she was implicated herself, has been sentenced to one year in prison.
Deanna Coleman was sentenced Thursday in U.S. District Court in St. Paul, Minn. for her October 2008 guilty plea on a charge of conspiracy to commit mail fraud.
She had been Petters assistant for more than a decade when she approached federal prosecutors in 2008 and went on to cooperate with their investigation.
Petters is now serving a 50-year sentence for allegedly orchestrating the scheme, but he's appealing.
Prosecutors say Coleman's help was vital to their case and they asked for leniency, but Judge Richard Kyle says the seriousness of Coleman's crimes compelled him to give her a short prison sentence.
Star witness in Petters case sentenced to 1 year
Coastal residents warned to be ready
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Rapper T.I., wife arrested on drug charges
Workers bear larger share of health premium costs
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Thursday: Showers and storms return, Cloudy & windy. High: 77
Tonight: Showers end late, clouds begin to clear out. Lo: 53
Friday: A mix of sun and clouds, cooler, a few sprinkles north. High: 69
A cold front will move through the state today bringing sho ...
Stocks rise amid economic hopes
NEW YORK (AP) -- With rising hopes for the economy, stocks staged a strong showing Wednesday.
Rodents, other violations found at 2 egg farms
WASHINGTON (AP) -- Food and Drug Administration investigators have found rodents, seeping manure and even maggots at the Iowa egg farms believed to be responsible for as many as 1,500 cases of salmonella poisoning. ...
IN THE NEWS: APPLE SEEKS TO CONQUER TV -- AGAIN
SAN FRANCISCO (AP) -- It has already changed the way people listen to music and done much to change how people use their mobile phones.
BENTON BEARDS
BENTON, Mo. (AP) -- It will be a close shave -- and the men of Benton, Missouri, can't wait.
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