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S&P 500   5,051.41
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Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Undervalued UnitedHealth Group Won’t Be For Long
Closing prices for crude oil, gold and other commodities
DocuSign and The Case for 66% Upside 

The Latest: Stanford coach pleads guilty in admission scheme

BOSTON (AP) — The Latest on a college admissions bribery scandal that has led to charges against coaches and celebrities (all times local):

4:10 p.m.

The former head sailing coach at Stanford University has admitted to accepting bribes to help get students into school by pretending they were athletic recruits.

John Vandemoer was the second person to plead guilty Tuesday in the sweeping college admissions bribery scheme. He is charged with racketeering conspiracy.

Authorities say Vandemoer conspired with an admissions consultant to pretend two prospective students were competitive sailors in exchange for payments to the Stanford sailing program. Neither student ended up attending Stanford.

Stanford said Tuesday that Vandemoer has been fired.

The consultant, William "Rick" Singer, pleaded guilty earlier Tuesday.

They are among 50 people charged in what officials say is the largest college admissions scam ever prosecuted by the Department of Justice.

___

3:20 p.m.

The founder of an admissions consulting company has pleaded guilty to running a nationwide college admissions bribery scheme involving wealthy parents and coaches at elite universities.

William "Rick" Singer, of Newport Beach, California, pleaded guilty in Boston federal court Tuesday to charges including racketeering conspiracy and obstruction of justice.

Singer is among 50 people charged in what federal officials say is the largest college admissions scam ever prosecuted by the Justice Department.

Authorities say Singer schemed with parents, coaches and others to pay students' way into schools like Yale, Georgetown and Stanford University.

Prosecutors say parents paid Singer about $25 million to bribe coaches and administrators into pretending that their children were athletic recruits to guarantee their admission.


___

3 p.m.

Stanford University says it has fired sailing coach John Vandemoer in a college admissions bribery scandal.

Vandemoer was charged with accepting a total of $270,000 in contributions to the school's program for agreeing to recommend two prospective students for admission.

The school said Tuesday that neither student came to Stanford but that "the alleged behavior runs completely counter to Stanford's values."

Stanford said it has no evidence that anyone else at the school is involved but will conduct an internal review.

Vandemoer is expected to enter a plea Tuesday in Boston.

___

1:40 p.m.

The NCAA says it will look into claims made against college coaches and administrators in the admissions bribery scandal.

In a statement, the NCAA says the "charges brought forth today are troubling and should be a concern for all of higher education."

Most NCAA rules that regulate recruiting are aimed at preventing schools and coaches from giving improper benefits and enticements to athletes.

In this case, parents were paying coaches to help students gain entry to college by falsifying athletic credentials and claiming that the students were being recruited to plays sports.

The NCAA says it is reviewing the allegations "to determine the extent to which NCAA rules maybe have been violated."

___

1:35 p.m.

The University of California, Los Angeles says its soccer coach Jorge Salcedo has been placed on leave pending a review and will have no involvement with the team.

UCLA says in a statement Tuesday it's a "potential victim of a fraudulent scheme" but that it's not aware of any student-athletes who are under suspicion.

Court documents say Salcedo, who was the head coach for the men's team, helped get two applicants who did not play competitive soccer into UCLA in exchange for $100,000 in 2016 and 2018.

Authorities say nine coaches at elite schools were part of the scheme.

Wake Forest University suspended its head volleyball coach following the sweeping federal investigation into admissions bribes.

___

1:15 p.m.

William H. Macy talked about his daughter's "stressful" college application process earlier this year.

The actor's comments came two months before his wife, Felicity Huffman, was among more than 30 parents charged in a sweeping college admissions bribery scam.

Macy said in the January interview with Parade magazine that his family was "in the thick of college application time, which is so stressful."

Huffman was one of 13 people, including actress Lori Loughlin (LAWK'-lin), taken into custody Tuesday in Los Angeles. Authorities have not said why Macy wasn't charged.

Court documents say Huffman paid $15,000 she disguised as a charitable donation so her daughter could partake in the college entrance cheating scam.

Authorities say it is the largest college admissions scam ever prosecuted by the Department of Justice.

___

1 p.m.

Wake Forest University says it has suspended its head volleyball coach amid a sweeping federal investigation into admissions bribes.

The North Carolina school says it placed Bill Ferguson on administrative leave but declined further comment.

Ferguson is accused of accepting $100,000 to recruit a student who had been on Wake Forest's wait list.

Other coaches are accused of taking bribes to admit students at schools including Georgetown University and the University of Southern California.

Prosecutors say the bribes were orchestrated by William "Rick" Singer, a California admissions consultant who is scheduled to plead guilty to charges including racketeering conspiracy.

USC says it is reviewing any admissions decisions and payments tied to the case.

Prosecutors say the investigation is ongoing but that it appears schools were not involved in the scheme.

___

12:55 p.m.

The FBI says 13 defendants in a college admissions bribery scam have been taken into custody in the Los Angeles area, including actress Felicity Huffman.

Officials say initial court appearances are planned Tuesday afternoon.

Actress Lori Loughlin (LAWK'-lin) is among those charged but was not taken into custody Tuesday morning. Her husband, fashion designer Mossimo Giannulli, was arrested at their home.

Court documents say Huffman paid $15,000 that she disguised as a charitable donation so her daughter could partake in the college entrance cheating scam.

Papers say a cooperating witness met with Huffman and her husband, actor William H. Macy, at their Los Angeles home and explained the scam to them. The cooperator told investigators that Huffman and her spouse "agreed to the plan."

Macy has not been charged; authorities haven't said why. Representatives for Huffman haven't returned a message seeking comment.

Representatives for Loughlin had no comment.

___

12:15 p.m.

Fifty people have been charged in what federal officials say is the largest college admissions scam ever prosecuted by the Justice Department.

Among those charged are nine coaches of elite schools and 33 parents who prosecutors say paid "enormous sums" to guarantee their children's admission.

Coaches are accused of taking bribes to admit students at schools including Wake Forest University, Georgetown University and the University of Southern California.

U.S. Attorney Andrew Lelling in Boston said Tuesday at a news conference that the colleges are not targets of the continuing investigation. He says authorities believe other parents were involved.

Court documents say an admissions consulting company in California was paid $25 million from 2011 through February 2019 to help facilitate the bribes.

Parents charged include actresses Lori Loughlin and Felicity Huffman. Representatives for Loughlin had no comment.

Officials say parents spent anywhere from $200,000 to $6.5 million to guarantee their children's admission.

___

11:45 a.m.

Actresses Felicity Huffman and Lori Loughlin are among at least 40 people indicted in a sweeping college admissions bribery scandal.

Loughlin appeared in the ABC sitcom "Full House," and Huffman starred in ABC's "Desperate Housewives." Both were charged with conspiracy to commit mail fraud and wire fraud in indictments unsealed Tuesday in federal court in Boston.

Court documents say Huffman paid $15,000 that she disguised as a charitable donation so her daughter could partake in the college entrance cheating scam.

Court papers say a cooperating witness met with Huffman and her husband at their Los Angeles home and explained the scam to them. The cooperator told investigators that Huffman and her spouse "agreed to the plan."

Huffman is married to actor William H. Macy.

Messages seeking comment have been left with representatives for Huffman and Loughlin.

___

11:20 a.m.

College coaches and others have been charged in a sweeping admissions bribery case unsealed in federal court.

The racketeering conspiracy charges unveiled Tuesday were brought against the coaches at schools including Wake Forest University, Georgetown and the University of Southern California.

Authorities say the coaches accepted bribes in exchange for admitting students as athletes, regardless of their ability.

Prosecutors say parents paid an admissions consultant $25 million from 2011 through February 2019 to bribe coaches and administrators to label their children as recruited athletes to boost their chances of getting into schools.

Prosecutors allege that fake athletic profiles were also made to make students look like strong high school athletes when they actually weren't.

Authorities say the consulting company also bribed administrators of college entrance exams to allow a Florida man to take the tests on behalf of students or replace their answers with his.

___

10:45 a.m.

Federal authorities have charged college coaches and others in a sweeping admissions bribery case in federal court.

The racketeering conspiracy charges were unsealed Tuesday against the coaches at schools including Wake Forest University, Georgetown and the University of Southern California.

Authorities say the coaches accepted bribes in exchange for admitting students as athletes, regardless of their ability.

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