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U.S. markets recover from steep losses

HOUSTON, Jan. 25 (UPI) -- The judge running the fraud and conspiracy trial of Enron Corp.'s former top executives is keeping the trial in Houston.
Lawyers for Ken Lay, Enron's former chairman, and Jeff Skilling, the former chief executive, had asked U.S. District Judge Sim Lake for a change of venue, but Lake denied the request, the Houston Chronicle reported Wednesday.
Defense attorneys had argued that negative comments on jury questionnaires and the plea of co-defendant Rick Causey meant the case should be moved or potential jurors individually questioned.
Prosecutors opposed both notions.
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CANBERRA, Australia, May 23 (UPI) --
Australia has passed legislation establishing the $10 billion Clean Energy Finance Corp. to provide grants and government investment to green projects.
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AVONDALE, La., May 23 (UPI) --
The seventh amphibious transport dock being built by Huntington Ingalls Industries for the U.S. Navy has completed builder sea trials.
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The housing inventory rose slightly in April, which is unusual in the middle of the spring sales season. The uptick may be the result of rising seller confidence and it should ease concerns that the super tight inventory levels of the last six months...
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What if Europe turned out to be the new Japan?
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