Thompson & McCarty, P.C. CPA

Some lawmakers placed bets with their own money on the stocks of companies they helped oversee, according to a preliminary analysis of public disclosure filings.

Stocks recovered from an early stumble to end little changed as BP's decision to set up a compensation fund and suspend its dividend prompted a rebound in the energy sector.

Pressure is mounting for Europe to publicly disclose the results of a new round of bank stress tests due for completion this month. EU countries will meet at the end of this month to decide whether to do so.

Spirit Airlines, grounded by a pilot strike since Saturday, said it will resume flights on Friday.

The Kremlin is reviving the idea of turning Moscow into an international financial center, not only to handle the deals of former Soviet countries but also to take on better-known hubs such as Dubai and Frankfurt.

The United Auto Workers union elected Bob King, a longtime vice president, to become its next president, reflecting a vote of confidence in leaders who steered the union through a turbulent time.

A new group representing mostly high-frequency traders snagged a former SEC staffer this week by hiring the agency's former chief economist as its public face.

Citigroup is halting certain foreclosures in the areas affected by the oil spill in the Gulf of Mexico.

AOL is near a deal to sell the Bebo social-networking site to Criterion Capital Partners for a fraction of the price it paid two years ago to buy it.

Money Manager BlackRock says Mexico is a growing market and the $13 billion is has there could get even bigger.

Carl Icahn said holders of 12.5% of Lions Gate shares have accepted his tender offer, potentially building his stake in the movie company to 31%.

BP agreed to put $20 billion into a fund to compensate victims of the Gulf oil spill, and said it would cancel shareholder dividends for the first three quarters of this year to offset that cost.

Apple said it took pre-orders for more than 600,000 of its new iPhone 4 on its first day of availability, amid strong demand that overwhelmed computer systems. AT&T said it was suspending pre-orders.

BP said it was collecting oil and gas from a second containment system attached to the leaking well in the Gulf of Mexico.

Agricultural Bank of China will allocate up to 40% of the Shanghai portion of its giant initial public offering to cornerstone investors, an unusually large percentage.

Bloomberg Businessweek names Hugh Wiley as its new publisher. Wiley had been at Fortune.

The White House is expected to tap Kenneth Feinberg as the independent administrator of an oil-spill escrow fund being negotiated by BP and the administration.

A grand jury has indicted Lee Farkas, the chief executive of what was once among the nation's largest independent home-loan providers, on 16 counts of bank, securities and wire fraud.

France Telecom plans to bid alongside a French magazine owner for a controlling stake in Le Monde.

General Mills is investigating the source of a fake press release on the PR Newswire service that falsely stated that the U.S. president had ordered an investigation into the cereal maker's supply chain.