Emily Belz

Emily is a senior reporter for WORLD Magazine based in New York City. Follow Emily on Twitter @emlybelz.

Associated Press/Photo by J. Scott Applewhite (file)

First Monday in October

Law | The U.S.
by Emily Belz
Posted 10/06/08, 12:00 am

The justices of the U.S. Supreme Court headed for its new term Monday with a high-profile case between Altria Group Inc., parent of the cigarette company Philip Morris, and smokers seeking damages, addressing the limits of lawsuits against cigarette manufacturers.

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Associated Press/Photo by Susan Walsh

"What could I have done?"

Money | A House committee questions Lehman Brothers' CEO on his role in the investment bank's failure
by Emily Belz
Posted 10/06/08, 12:00 am

A congressional committee Monday grilled Richard Fuld Jr., chief executive officer of Lehman Brothers Inc., in his first public appearance since the bank fell apart in September in the largest bankruptcy in history.

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Associated Press/C-SPAN

Rescue bill passes

Money | Political winds and public opinion changed enough since Monday to push the legislation through the House
by Emily Belz
Posted 10/03/08, 12:00 am

WASHINGTON-With the world watching Friday, the U.S. House of Representatives passed by a wide margin, 263-171, the $700 billion economic rescue package. The question of the bill's success still hung in the air minutes before the vote took place, though House leaders had expressed confidence about its passage.

"We have been criticized for not deciding affirmatively," said Majority Leader Steny Hoyer. "What we did decide is that [the] initial failure should not stand."

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