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  Representative Michele Bachmann of Minnesota, a critic of federal spending, received between $5,000 and $15,000 in income last year from a family farm that has received more than $250,000 in federal subsidies.

Bachmann reports income from family farm that received u.S. Aid

Updated: 8/16/2011 01:59 PM

  Agility, the Kuwaiti storage and logistics provider, pleaded not guilty to charges it defrauded the U.S. government on a multibillion-dollar contract to feed troops overseas.

Agility pleads not guilty to government contract fraud

Updated: 8/16/2011 01:59 PM

  Bain Capital LLC and Avista Capital Partners LLC are seeking to raise financing for a takeover offer for Kinetic Concepts Inc. that would top Apax Partners LLP's $5 billion bid, said two people familiar with the plan.

Bain, Avista said to study bid for kinetic concepts to top Apax

Updated: 8/16/2011 01:59 PM

  A gauge of U.S. corporate credit risk rose after France and Germany's leaders said they would back a financial transaction tax and as fewer homebuilding projects got started in the U.S.

U.S. Company credit-default swaps climb as homebuilding slows

Updated: 8/16/2011 01:59 PM

  Irish Finance Minister Michael Noonan said he welcomes an initiative by German Chancellor Angela Merkel and French President Nicolas Sarkozy to shore up the euro.

Ireland's noonan welcomes new sarkozy-merkel initiative

Updated: 8/16/2011 01:59 PM

  Mexico's peso fell as slower-than- forecast European growth and a drop in housing starts in the U.S. tempered confidence in the global economy and demand for riskier assets.

Mexican peso weakens on U.S. And European growth concerns

Updated: 8/16/2011 01:54 PM

  Oil fell Tuesday on concerns about Europe's biggest economy.

Oil falls on concern about German economy

Updated: 8/16/2011 01:44 PM

  Allstate Corp. is suing Goldman Sachs Group Inc., saying more than $122 million in mortgage-backed securities the insurance company bought beginning in 2006 were fraudulent.

Allstate sues Goldman Sachs over toxic investments

Updated: 8/16/2011 01:43 PM

  A Daily Herald editorial says the agreement struck in Island Lake last week could end a divisive political battle and help the village focus on serious issues.

Positive change coming to Island Lake?

Updated: 8/16/2011 08:27 AM

  TLC says it is canceling "Kate Plus 8." The reality specials focusing on Kate Gosselin, her twin daughters and set of sextuplets morphed into a weekly series in its second season. But TLC announced Monday that its final episode will air Sept. 12.

TLC cancels 'Kate Plus 8'; last show airs Sept. 12

Updated: 8/16/2011 08:30 AM

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