SEC wants financier's assets frozen before trial (AP)

AP - The Securities and Exchange Commission is seeking to permanently freeze the assets of a California financier accused of bilking investors until his fraud trial is over.

Old airliners scrapped due to economics, not age (AP)

AP - The Airbus 310 that crashed Tuesday was 19 years old, yet experts say older planes can keep going strong for years as long as companies are willing to invest what it takes to keep them sky-worthy.

Gloomy U.S. consumers clip housing recovery hopes (Reuters)

Shoppers walk up Fifth Avenue in front of the Cartier jewellery building in New York, December 7, 2008. REUTERS/Chip EastReuters - U.S. consumer confidence took an unexpectedly steep slide in June, figures released on Tuesday showed, suggesting the 18-month-long recession had yet to loosen its grip on the economy.

Chase: 138k mortgages modified in past 3 months (AP)

AP - Chase said Tuesday it has approved 138,000 trial mortgage modifications for struggling homeowners in the past three months.

Amazon.com ends commission program in RI (AP)

AP - Amazon.com has cut ties with Rhode Island Web sites that make referrals to the online retailer because a law designed to collect sales taxes on these transactions will soon come into force, the Providence Journal reported Tuesday.

SEC tells State Street it could face civil charges (AP)

AP - State Street Corp. on Monday disclosed in a regulatory filing that the Securities and Exchange Commission could bring civil charges against its main subsidiary for possible securities violations tied to past investments in subprime mortgages.

British economy shrinks fastest in half a century (AFP)

A construction crane at a building site in central London. The recession-battered economy shrank at its fastest pace in more than 50 years in the first quarter of 2009, revised official data showed, amid the worst global slowdown in decades.(AFP/File/Carl De Souza)AFP - Britain’s recession-battered economy shrank at its fastest pace in more than 50 years during the first quarter of 2009 in the worst global slowdown in decades, revised official data showed on Tuesday.

Refund details for Jackson concerts still sketchy (AP)

FILE - This March 13, 2009, file photo shows a receipt proving purchase of one of the first tickets for the July 8th Michael Jackson concert  shown in front of the O2 Arena, the concert venue, in London. With Jackson's death, the mother of all comeback tours has turned into the mother of all headaches for the promoters of Jackson's doomed 50-night stint at London's 02 Arena .(AP Photo/Akira Suemori, FILE)AP - It’s a tragic loss ? and an accounting nightmare for the promoters of Michael Jackson’s doomed 50-night “This is It” concert extravaganza in London.

Queen Elizabeth II's costs rising (AP)

AP - Public funding for Queen Elizabeth II and the royal family cost British taxpayers the equivalent of 69 pence (US$1.14) each last year, according to accounts published Monday.

Refund details for Jackson concerts still sketchy (AP)

FILE - This March 13, 2009, file photo shows a receipt proving purchase of one of the first tickets for the July 8th Michael Jackson concert  shown in front of the O2 Arena, the concert venue, in London. With Jackson's death, the mother of all comeback tours has turned into the mother of all headaches for the promoters of Jackson's doomed 50-night stint at London's 02 Arena .(AP Photo/Akira Suemori, FILE)AP - It’s a tragic loss ? and an accounting nightmare for the promoters of Michael Jackson’s doomed 50-night “This is It” concert extravaganza in London.

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