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RICHMOND, Va. (AP) — Former Virginia Gov. Bob McDonnell and his wife took bribes and used their political muscle to promote a sketchy nutritional supplement because they were in deeply in debt and couldn't refuse the more than $165,000 in loans and gifts, including designer dresses and a Rolex watch, prosecutors said Friday.
The S&P 500 closed August with another record Friday, continuing its slow climb even as tensions pick up in Ukraine and after Britain warned of a possible terror attack. The blue-chip Dow Jones Industrial Average added 18.75 points (0.11 percent) to 17,098.32, while the Nasdaq Composite gained 22.58 (0.50 percent) to 4,580.27, its best level in 14 years. The blue-chip Dow Jones Industrial Average added 18.88 points (0.11 percent) at 17,098.45, while the Nasdaq Composite gained 22.58 (0.50 percent) at 4,580.27, its best level in 14 years.