First Data to spin off money transfer unit (Reuters via Yahoo! News)
Payment services group First Data Corp. on Thursday unveiled plans to spin off fast-growing Western Union, the world's largest money transfer provider, but the company will keep its slower-growth card-issuing and merchant-processing units.

First Data to split, spins off money transfer unit (Reuters via Yahoo! News)
First Data Corp. , the world's largest electronic and payment services processor, said on Thursday it was splitting up the company, spinning off its fast-growing Western Union money transfer business from its slower-growth card and merchant processing units.

Daly's wife, Sherrie, jailed in money case (Sports Illustrated)
LA JOLLA, Calif. (SI.com) -- John Daly's wife, Sherrie, was taken into custody Wednesday by authorities in Lexington, Ky., in connection with her guilty plea to a federal money laundering charge in November 2004, the golfer said in an interview with The Golf Channel.