WASHINGTON – Senate Majority Leader Bill Frist, under federal investigation for possible insider trading, will have a nice nest egg to fall back on when he retires from Congress in January, recording income last year of more than $5 million from his largest blind trust. Frist, R-Tenn., is hardly the …

MAMARONECK, N.Y. – Phil Mickelson‘s bid for a third consecutive major ended with a shocking collapse Sunday when he bungled his way to a double bogey on the final hole, giving the U.S. Open to Geoff Ogilvy. The winning shot in this test of survival at Winged Foot was Ogilvy’s …

HAGATNA, Guam – Three aircraft carriers filled the skies with fighters as one of the largest U.S. military exercises in decades got underway Tuesday off this tiny island in the western Pacific. For the first time ever, a Chinese delegation was sent to observe the U.S. war games. But as …

CARO, Mich. – A 16-year-old girl who flew to the Middle East to visit a man she met on MySpace.com was in seclusion to escape the attention surrounding her travels, an attorney for the girl’s family said Monday. Lawyer Renee Wood said Katherine R. Lester reunited with her family after …

SAN FRANCISCO – Among the companies whose shares are expected to see active trade in Wednesday’s session are CA Inc., Meade Instruments Corp. and William Lyon Homes. Atari Inc. (ATAR) is expected to post a per-share loss of 5 cents for the fourth quarter, according to analysts polled by Thomson …

CARACAS, Venezuela – A riot by inmates fighting for control of cell blocks within a prison left seven prisoners dead and 11 wounded in central Venezuela, officials said Tuesday. Deputy Justice Minister Yuri Pimentel said in a statement the deadly riot broke out late Monday at Tocuyito Prison near Valencia, …

ATLANTA – For the first time in possibly 170 years, a Roman marble statue of Venus will be reunited with its head as both are coming to the Michael C. Carlos Museum at Emory University, where conservators will piece them back together. The museum bought the charmingly prudish portrait of …

NEW YORK – Regulators are investigating Pequot Capital Management, a $7 billion hedge fund, for possible insider trading, The New York Times said on Friday, citing government officials briefed on the case. A lawyer who once led the Securities and Exchange Commission‘s investigation told Congress that trading at Pequot repeatedly …

LOS ANGELES – Even an appearance by the fire marshal didn’t slow down rapper Kanye West’s mega Grammy bash — an ode to music, booze, women and mayhem that surpassed other after-parties and raged into the wee hours Thursday. “We’re going to keep this party going. We’re going to kill …

BAGHDAD, Iraq – Shiite politicians failed Saturday to select a new prime minister as rivalry within their alliance forced a delay in the balloting. An Iraqi army spokesman was assassinated in Basra, a southern city plagued by lawlessness and violence by Shiite militias. Members of the Shiite alliance who won …