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Kells Hetherington
Kells Hetherington
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      Kells Hetherington

      Kells Hetherington is the deputy editor of The Daily Caller.

Southwest may delay flying growth to 2014

12:03 PM 01/19/2012

Southwest Airlines Co. (LUV) may delay any expansion to as late as 2014 as $100-a-barrel oil erodes profit growth, Chief Executive OfficerGary Kelly said. The shares rose the most in four weeks.

House to take symbolic vote against debt hike

3:31 PM 01/18/2012

WASHINGTON (AP) -- In a debate laced with politics, the GOP-controlled House on Wednesday kicked off another session by slating a futile vote against raising the government's borrowing cap by $1.2 trillion as permitted under last summer's bipartisan debt and budget pact.

Rubio withdraws support for controversial Internet law

3:05 PM 01/18/2012

MIAMI (CBSMiami) – On the same day that thousands of websites including Wikipedia and WordPress have gone dark to protest the Stop Online Privacy Act and Protect IP Act; Florida Senator Marco Rubio announced he was withdrawing his name and support for the bill.

7 charged in $61M single-stock insider trade case

12:29 PM 01/18/2012

NEW YORK (AP) -- A hedge fund co-founder, a hedge fund portfolio manager, four financial analysts and a Dell Inc. employee teamed up in a record-setting insider trading scheme that netted more than $61.8 million in illegal profits based on trades of a single stock, authorities said Wednesday as they described a cozy network of friends in finance who made the most of their connections with corrupt employees of technology companies.

Northern Trust cuts 700 jobs

11:37 AM 01/18/2012

Northern Trust Corp., the third- largest independent U.S. custody bank, will eliminate about 700 jobs to join its biggest rivals Bank of New York Mellon Corp. and interest rates hobble profit.

UBS unit pays $300,000 to settle SEC charges

3:14 PM 01/17/2012

(Reuters) - An investment advisory arm of Swiss bank UBS will pay $300,000 to settle charges that it misled investors through incorrect pricing of securities in three of its mutual funds, U.S. securities regulators said on Tuesday.

Mitt Romney opens his wallet for unemployed SC woman

10:09 PM 01/14/2012

As a candidate who has raised tens of millions of dollars during his presidential campaign, Mitt Romney did something unusual Saturday while shaking hands after an event in Sumter, South Carolina. He opened his wallet and handed unemployed Ruth Williams some cash. Williams would not say how much money Romney gave her but campaign aides say it was between $50 - 60.

Gingrich also profited from private equity firm

3:55 PM 01/11/2012

Although Former Speaker of the House Newt Gingrich has been in the news of late for attacking former Massachusetts Gov. Mitt Romney for his role at Bain Capital, it seems that Gingrich also had a paid role at a major private equity firm.