FCC Trims Subsidy That Powers TracFone Amid Fraud Concern

AP - Egypt held runoff parliamentary elections Sunday that are certain to hand President Hosni Mubarak's ruling party a crushing victory after the two main opposition groups decided to boycott in protest of alleged fraud in the first round.

Reuters - Afghanistan laid out plans for the November 7 run-off presidential vote on Thursday in an announcement criticized as insufficient to prevent fraud, a day after a Taliban attack on U.N. staff reinforced concerns about security.

Reuters - Shares of General Motors Corp plummeted 15 percent to a 65-year low on Tuesday, extending recent steep declines on lingering concerns that the automaker's cash holdings might fall below the necessary minimum during the first quarter.

AFP - China celebrated the Olympic flame's arrival on Monday but a thick blanket of security highlighted concerns that protests over Tibet, human rights and other issues may tarnish the historic torch relay.

AP - Wall Street wilted Tuesday as investors awaiting next week's Federal Reserve meeting remained uneasy that fallout from the slumping housing market could bring more bank losses and pull the economy into recession.

Nigeria on Monday awaited results of historic elections to take over from President Olusegun Obasanjo and choose a new parliament, amid mounting international concern over ballot chaos and fraud(AFP/Issouf Sanogo)" border="0" />AFP - Nigeria on Monday awaited results of historic elections to take over from President Olusegun Obasanjo and choose a new parliament, amid mounting international concern over ballot chaos and fraud.

Nigeria on Monday awaited results of historic elections to take over from President Olusegun Obasanjo and choose a new parliament, amid mounting international concern over ballot chaos and fraud(AFP/Issouf Sanogo)" border="0" />AFP - Nigeria on Monday awaited results of historic elections to take over from President Olusegun Obasanjo and choose a new parliament, amid mounting international concern over ballot chaos and fraud.

Toronto Stock Exchange, said Wednesday, March 28, 2007 it formed a technology and clearing alliance with Atlanta-based IntercontinentalExchange Inc. for its natural gas and Canadian power markets. (AP Photo/IntercontinentalExchange (ICE) and TSX, Loren Santow)" border="0" />AP - Stocks slid Wednesday after Federal Reserve Chairman Ben Bernanke chided investors who may have looked past long-standing concerns about inflation following comments last week from the central bank. The Dow Jones industrials fell more than 100 points, their third straight session of declines.