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New York Mercantile Exchange › (NYMEX:LO.J12.9750P)

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Today's Financial News

Testimony ends in trial over $2 billion deal for Los Angeles Clippers; closings set for Monday

13 hours ago

LOS ANGELES (AP) — Testimony has ended in the trial to determine whether Donald Sterling's estranged wife can sell the Los Angeles Clippers. Instead, they called a psychiatric expert to discuss the protocol of examinations like the ones given to Donald Sterling to determine his mental competency and ability to act as owner.

US Fish and Wildlife proposes limiting trade of 5 snake species, including boa constrictor

13 hours ago

HONOLULU (AP) — Federal wildlife officials recently proposed strict nationwide limits on importing and shipping boa constrictors and four other snake species in an effort to prevent them from being introduced into the wild. Most of the snakes enter the U.S. as pets, the agency said. Many are released by owners when they grow too big, and other pet snakes escape from inadequately secured pens.

S&P says regulators considering action against it over mortgage securities ratings in 2011

13 hours ago

WASHINGTON (AP) — Standard & Poor's said Wednesday that regulators have told the rating agency they are considering taking civil enforcement action against it over ratings it gave to six deals in 2011 involving securities tied to commercial mortgages. Under SEC procedure, S&P will be able to make its case to the agency on the issues raised by the notice.

Senate panel endorses VA nominee McDonald as talks on reform bill stall

13 hours ago

WASHINGTON (AP) — The chairman of the Senate Veterans' Affairs Committee said Wednesday there is still time for Congress to approve a landmark bill to improve health care services for veterans, despite deep disagreement over how much the changes will cost and how they should be paid for. Negotiations over a bill to bolster the beleaguered Department of Veterans Affairs in response to a furor over long patient wait times and falsified records to cover up the delays have bogged down over costs and how much the VA should turn to outside doctors to address the backlog.

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