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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 …