Monday, May 20, 2013

Business News Headlines - Yahoo! News

Business News Headlines - Yahoo! News
LA jeweler pleads guilty in KPMG case
LOS ANGELES (AP) — The owner of a jewelry store has pleaded guilty in Los Angeles for his role in an insider-trading case involving a former senior partner at accounting firm KPMG.
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Warren Buffett meets with young entrepreneurs
OMAHA, Neb. (AP) — Billionaire Warren Buffett is spending his day listening to business pitches from a select group of kids, but the ideas aren't likely to generate new acquisitions for Buffett's Berkshire Hathaway conglomerate.
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Biggest traders helping EU oil probe, not in it: sources
LONDON (Reuters) - European investigators have asked top trading houses Glencore , Vitol and Gunvor to help with a probe into oil price manipulation, while not suggesting they are under investigation, industry sources said on Monday. Last week, European Commission authorities raided the London bureau of pricing agency Platts and the offices of oil majors Statoil , Royal Dutch Shell and BP in the biggest cross-border action since the probe into rigging of Libor benchmark interest rates. ...
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Special K churns out products in brand evolution
NEW YORK (AP) — Special K was once just a line of cereals. Today, it's a diet food empire.
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