Trial Begins for Tyco's Kozlowski
Dennis Kozlowski, former CEO of Tyco International, faces charges that he allegedly stole $600 million from Tyco through unauthorized compensation and illegal stock trades.
Manulife Acquires John Hancock Financial Manulife Financial Corp. of Canada will acquire John Hancock Financial Services in a $10 billion stock swap. John Hancock has long been a corporate leader and sponsor in Boston.
Medicare Reforms Stalled Last spring, there was some indication that Congress would send a law to the president that would reform Medicare and provide recipients with a prescription drug benefit.
CIA Calls for Probe of Operative Leak The White House promises to cooperate with an investigation into whether it released information about a CIA operative. The operative is married to former ambassador Joseph C Wilson IV, who was critical of President Bush's handling of intelligence on Iraq.