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Senate to launch Facebook IPO review

WASHINGTON — A Senate panel is reviewing Facebook’s high-profile stock offering last week amid allegations that the bank handling the IPO may have provided select clients with a negative assessment of...

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Justice seeks review from COA to stop investigation

Disappointed with an Appellate Division decision dismissing his petition to stop an investigation by the state Commission on Judicial Conduct, a town justice in Onondaga County plans to seek a review...

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FAA investigating report of drone spotted near JFK

NEW YORK — The FBI and the Federal Aviation Administration are investigating a pilot’s report that he spotted a small unmanned aircraft at New York’s Kennedy Airport. The Alitalia pilot told air...

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JPMorgan faces probe over mortgage bonds

NEW YORK — The U.S. Justice Department is investigating JPMorgan Chase over mortgage-backed investments the bank sold in the run-up to the financial crisis. The New York-based bank said in a regulatory...

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Riga Dems want GOP fundraiser investigated

Town of Riga Democrats have called for an investigation into fundraising at a dinner in September hosted by the Riga Republican Committee. A raffle was held that Democrats allege violates New York...

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Common Cause urges ethics probe of Grimm

A citizen’s lobby group is calling for an investigation into the conduct of Rep. Michael Grimm, R-NY, who was caught on camera threatening a reporter on Tuesday night. According to a release from...

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Arkansas judge’s online comments investigated

LITTLE ROCK, Ark. — An Arkansas judge has admitted that he posted a series of anonymous online comments that critics say are racist, sexist and otherwise inappropriate, including one in which he...

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Schumer seeks review of electric bill increases

ALBANY (AP) — Sen. Charles Schumer is calling for an investigation into soaring electricity prices. The Democrat said Wednesday that he’s urging the Federal Trade Commission to look at whether utility...

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State: Bank didn’t lend to blacks in Buffalo

BUFFALO — A bank purposely avoided giving mortgages to African-Americans by locating all of its branches outside black neighborhoods and directing advertising and loan products toward largely white...

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Commentary: The value of an effective investigation

We have all heard the phrase “the best defense is a good offense.” Military theorist Carl von Clausewitz is often credited with coining this expression, but today we most often hear it used in the...

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