Chiesi hearing

Danielle Chiesi, ac cused with Raj Rajarat nam in the largest in sider-trading case against a hedge fund, testified that US agents questioned her before advising her of her right to remain silent and to seek a lawyer’s advice.

Econ gone

White House Na tional Economic Com mittee Deputy Director Diana Farrell and Trea sury Department As sistant Secretary for Financial Institutions Michael Barr are both planning to leave within weeks, the Wall Street Journal reported, citing people familiar with the matter said.

Novell sale

Novell will sell itself in a complex $2.2 billion deal that includes the sale of key patents to a consortium led by Mi crosoft. Most of Novell will go to Attachmate Corp., a data center soft ware maker.

Comcast

Sen. Al Franken asked federal regulators to in vestigate whether Com cast violated antitrust law by naming new managers at NBC Uni versal before regulators approve the pending purchase.

School news

For-profit colleges that pay recruiters on the basis of the number of students they sign up may lose access to US government student aid.