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Weak Ad Sales Trim Profit at McClatchy and Scripps Earnings at the newspaper publisher and media company fell more than 40 percent in the second quarter on sharp declines in newspaper revenue. Publ.Date: Fri, 25 Jul 2008 02:05:50 GMT Source: NY Times New York Sues UBS for Securities Fraud New York attorney general Andrew Cuomo announced a case against Swiss banking giant UBS over its conduct in the auction-rate securities market. Publ.Date: Fri, 25 Jul 2008 02:05:35 GMT Source: NY Times Fed and S.E.C. Push for Tougher Bank Rules The head of the S.E.C. urged Congress to give his agency power to oversee investment banks, even as a top Federal Reserve official said the Fed needed similar powers. Publ.Date: Fri, 25 Jul 2008 02:05:42 GMT Source: NY Times Change in Arbitration Panels Will Allow Investors Only Investors who think they have been wronged by brokers will be able to have their cases heard by panels consisting only of their peers, with no industry participants. Publ.Date: Fri, 25 Jul 2008 02:05:44 GMT Source: NY Times Denied Visa, Chief of BP Joint Venture Is Forced to Leave Russia The development is the latest twist in a rising nationalism that is shutting Western oil companies out of energy-rich regions and has wide implications for BP. Publ.Date: Fri, 25 Jul 2008 02:04:18 GMT Source: NY Times Credit Suisse Earnings Fall 62% but Top Expectations Credit Suisse posted a smaller-than-expected fall in earnings as it managed more cash for the world?s wealthy and its investment banking unit returned to profit. Publ.Date: Fri, 25 Jul 2008 02:05:41 GMT Source: NY Times

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