Muskogee teacher, school must pay $2.7 million in sex case. A former Hilldale High School band director and the school have been ordered to pay $2.7 million to a student the teacher had sex with.

Colo. parents angered by cop's Web safety class. Students and parents at a northern Colorado high school say they're offended by a police officer's presentation about Internet safety.

Kansas Participating In Aircraft Design Contest. Kansas is participating in a contest for high school students to develop fuel-efficient designs for aircraft.

School officials should do their jobs. No good will come of these bad ideas. When children return to school in Harrold, Texas, later this month, they might find some teachers are hauling more than textbooks into the classroom.

School District Preps For Possible Immigration Raids. Garland school district officials want to make sure their students are not left without a legal guardian should one of their parents be deported during an immigration raid.

Volunteers hit the street to find students not in school. Volunteers are fanning out in Greenville neighborhoods to find high school students who have not shown up for school.

School district cuts nearly 200 bus stops to save fuel. East Lyme students will soon be hoofing it a few extra blocks to catch the school bus, part of a plan to save thousands in gasoline costs.

New chief seeks DC schools fix where others failed. She has shuttered 23 schools, fired more than 30 principals and given notice to hundreds of teachers and administrative workers.

Cox: SEC to propose short sale rule in weeks. The top U.S. securities regulator plans to propose a new short selling rule in the next few weeks which would be broader than an emergency order covering just 19 financial stocks which ended last week.

Global stocks gain, dollar rises towards 2008 peak. World stocks edged higher on Wednesday after the previous day's tumble to their lowest level in almost two years attracted some buyers, while rebounding commodity prices helped resource shares.

Daimler denies trucks spinoff being mulled. Daimler AG denied a magazine report on Thursday that it was considering more job cuts and may spin off its market-leading trucks business as a way to help boost its weak share price.

European shares head lower. Europe's main stock markets dropped on Thursday, bringing a swift end to a brief rally, amid investor unease about a global economic slowdown.

SEC may back international accounting standards. U.S. companies would be able to file financial results using international accounting standards according to a timetable U.S. securities regulators will propose next week.

Toronto stocks fall on weaker oil, metals prices. Toronto stocks finished a strong week on a losing note on Friday, retreating on the back of sagging oil and metals prices, with losses offset partly by stronger financial issues.

Merrill Lynch settlement with SEC worth up to $7B. Federal regulators said Friday that investors who bought risky auction-rate securities from Merrill Lynch & Co. before the market for those bonds collapsed will be able to recover up to $7 billion under a new agreement.

Stocks jump on falling oil, inflation forecast. Wall Street capped a volatile week with sharp gains Friday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. The Dow Jones industrial average rose nearly 200 points.

Merrill reaches tentative deal with SEC over ARS. Merrill Lynch & Co Inc struck a deal with the U.S. Securities and Exchange Commission to buy back billions of dollars of auction-rate securities, in a settlement little different from one the bank reached a day earlier with several states.

The Alliance for School Choice calls for lawmakers to put more power in the hands of parents. One non-profit organization continues to promote a method of allowing parents to educate their children.

School vouchers benefit a few while diminishing public funding. As a retired educator, I do not favor using public dollars to finance private school education.

School Choice Lifts All Boats. "While the purpose of the EdChoice program is to allow students from chronically distressed public schools to attend private schools, our research indicates that those underperforming public schools are showing..