Nation | World Business Briefs Published: Thu, May 10, 2012 A look at some of Wednesday's top business stories. Read More

Reuters Special Report: Inside Chesapeake, CEO ran $200 million hedge fund Updated: Wed, May 2, 2012 Chesapeake CEO Aubrey McClendon for at least four years ran a hedge fund that traded in the same commodities his company produces. Read More

Fairness of Wall Street's Playing Field on Trial in Hedge Fund Case Updated: Fri, Mar 11, 2011 Every great American company started out as an idea in the mind of a creative, entrepreneurial person. In addition to having that unique creative idea, a lot of hard work — and a lot of luck or good timing — go into building a business. There's one more ingredient required to build a great business: money.... Read More

Former WorldCom chief convicted on nine counts Updated: Wed, Mar 16, 2005 NEW YORK - Bernard Ebbers, the once-swaggering chief executive officer of WorldCom, was convicted Tuesday of engineering the largest corporate fraud in U.S. history -- an $11 billion accounting scandal that capsized the big telecom company three years ago. In Oklahoma, Attorney General Drew Edmondson said his... Read More

The defendants Updated: Thu, Aug 28, 2003 Bernard J. Ebbers: Bernie Ebbers presided over the massive buildup and spectacular collapse of one of the world's largest telecommunications corporations. Ebbers resigned as WorldCom's chief executive in April 2002 after the stock price plummeted amid questions about accounting methods. Earlier this year, external... Read More

WorldCom chronology Updated: Thu, Aug 28, 2003 1985 -- Early investor Bernard Ebbers becomes chief executive of discount long-distance provider LDDS (Long-Distance Discount Service). 1995 -- LDDS acquires Tulsa-based voice and data transmission company Williams Telecommunications Group (WilTel) for $2.5 billion cash and changes its name to WorldCom. 1998... Read More