Latest News

UPDATE 1-S.Africa's Zuma to cooperate with graft inquiry after threat to pull out
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  • 2019-07-19 11:43:19Z

Former South African president Jacob Zuma agreed to continue giving evidence at a public inquiry into state corruption on Friday after earlier complaining of "relentless cross-examination" and saying he would pull out. The inquiry is looking into allegations that Zuma, ousted by the ruling African National Congress (ANC) party in February 2018, had allowed cronies to plunder state resources and influence senior appointments during his nine years in power. Zuma, 77, has long denied any wrongdoing but he has ducked and dived in his testimony to the inquiry this week, saying that he is being questioned unfairly.

Four Chicago police officers fired for cover-up in Laquan McDonald killing
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  • 2019-07-19 05:12:12Z

A Chicago police panel on Thursday fired four officers over the shooting death of a black teenager, Laquan McDonald, in 2014, a case that highlighted racial tension in the United States' third-largest city. The video had a key role in Thursday's decision, as the images it revealed contradicted police reports, the nine-member city police panel found in a decision released online. "Each respondent's misconduct is incompatible with continued service as an officer and warrants a penalty of discharge from the Chicago Police Department," the Police Board of the City of Chicago said in its 55-page decision.

Judge weighs new Motel 6 settlement in immigration lawsuit
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  • 2019-07-19 04:31:19Z

A revised settlement for Motel 6 guests who say the national chain invaded their privacy by giving their information to immigration authorities is returning to court for a judge's review. Any remainder will go to non-profit migrant advocacy groups outlined in the settlement. The settlement also expands the class to include guests at Motel 6 between February 2015 and June 2019.

PRESS DIGEST- Financial Times - July 19
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  • 2019-07-19 01:25:53Z

The U.S. Navy has shot down an Iranian drone in the Strait of Hormuz after it threatened an American warship, U.S. President Donald Trump said on Thursday, escalating tensions in one of the world's most important oil-shipping lanes. BMW said on Thursday that Oliver Zipse would become the next chief executive of the German carmaker.

Colombia court upholds conditions for restarting aerial coca fumigation
  • US
  • 2019-07-19 00:29:37Z

Colombia's constitutional court on Thursday upheld its own restrictions on the aerial spraying of the herbicide glyphosate to eliminate coca, the base ingredient in cocaine, but said its use could be reinstated if the government meets certain conditions. Colombia suspended aerial fumigation with the Monsanto Co herbicide in 2015 after the World Health Organization linked glyphosate to cancer. The decision was later backed by the court, but President Ivan Duque has sought to overturn the decision because of increasing coca crops.

RPT-COLUMN-Bulging fuel stocks put spotlight on slack oil consumption: Kemp
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  • 2019-07-19 00:00:00Z

John Kemp is a Reuters market analyst. LONDON, July 18 (Reuters) - Sluggish consumption growth is depressing oil prices even as Saudi Arabia and its allies try to prop up the market by cutting their production.

New Zealand police report 'serious' incident in Christchurch, residents evacuated
  • US
  • 2019-07-18 23:29:32Z

New Zealand police said on Friday there had been a "serious" incident in the South Island city of Christchurch that left a house on fire after residents described hearing the sound of an explosion. Police said in a statement initial reports suggested a number of people had been injured in the incident at about 10.20 local time (2220 GMT) in the residential suburb of Northwood. The incident comes four months after a lone gunman killed 51 people and wounded dozens in attacks on two Christchurch mosques in New Zealand's worst peacetime mass shooting.

U.S. airline group says it had a 'productive meeting' with Trump on Qatar
  • US
  • 2019-07-18 23:20:22Z

A U.S. airline industry group said it had a "productive" meeting on Thursday with President Donald Trump, who "shares our concerns" about accusations that subsidies by Qatar and the United Arab Emirates are costing jobs in the United States. "We had a productive meeting with President Trump today to talk about the importance of American jobs and not letting foreign governments break their agreements with the United States," Scott Reed of the Partnership for Open & Fair Skies said in a statement. "The president shares our concerns and instructed us to keep working with the U.S. Department of Transportation, which we plan to do," he said.

Report: Texas jail officers didn't make inmate checks
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  • 2019-07-18 20:47:47Z

A special inspection conducted at a Texas for-profit jail following an inmate's death in March found that officers weren't doing required cell checks even though their paperwork said otherwise. The Texarkana Democrat-Gazette reports the Texas Commission on Jail Standards concluded in an April report that LaSalle Corrections, which runs the Bi-State jail in Texarkana on the border between Texas and Arkansas, did not comply with the state's inmate check record-keeping law.

Automaker BMW names production chief Zipse as new CEO
Automaker BMW names production chief Zipse as new CEO
  • US
  • 2019-07-18 19:57:29Z

BMW has named its top production manager, Oliver Zipse, as CEO to lead the luxury automaker through a shift to new ways of doing business such as electric vehicles and offering cars on a per-use basis. The company said Thursday that Zipse, 55, would succeed Harald Krueger on Aug. 16. Krueger, 53, had said on July 5 he wouldn't seek to renew his contract when it expires next May.

US STOCKS-Wall Street rises as Fed's Williams bolsters rate-cut hopes
  • US
  • 2019-07-18 19:29:47Z

U.S. stock indexes rose on Thursday after a sluggish start as comments from New York Fed President John Williams further cemented expectations for interest rate cuts from the U.S. central bank. Williams said that when rates and inflation are low, policymakers cannot afford to keep their "powder dry" and wait for potential economic problems to materialize. "He's toeing the party line at the Fed, basically implying that an insurance rate cut is the right thing to do for the economy at this point in time," said Chris Zaccarelli, chief investment officer at Independent Advisor Alliance in Charlotte, North Carolina, referring to Williams' comments.

Edith Jones, who integrated southern medical schools, dies
  • US
  • 2019-07-18 16:44:06Z

Dr. Edith Irby Jones, the first black student to enroll at an all-white medical school in the South and later the first female president of the National Medical Association, has died. Jones' daughter Myra Jones Romain said mother died Monday in Houston of natural causes. The University of Arkansas for Medical Sciences, which Jones integrated in 1948, also announced her death in a post on its website Tuesday.

UPDATE 1-Pence calls on Saudi Arabia to release critic of Islam
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  • 2019-07-18 16:35:02Z

U.S. Vice President Mike Pence on Thursday called out ally Saudi Arabia for the suppression of religious liberties and urged it to release Raif Badawi, a blogger imprisoned for insulting Islam. Addressing a conference on religious freedom at the State Department, Pence highlighted the detention of religious dissidents in Eritrea, Mauritania, Pakistan and Saudi Arabia.

Twelve young Israelis held in Cyprus over alleged rape of British tourist
  • US
  • 2019-07-18 13:12:01Z

A court in Cyprus on Thursday remanded 12 Israeli youths in custody on suspicion of an alleged rape of a 19-year-old British tourist at a holiday resort on the island. The youths, aged between 16 and 18, are alleged to have raped the woman in a hotel room in Ayia Napa, a resort on the southeastern coast popular with holidaymakers. Medical examiners said they found bruises and scratches on the woman.

'The Dish' still beaming signals from Australia 50 years after moon walk
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  • 2019-07-18 02:41:15Z

It's known as "The Dish" and it soars above a nondescript paddock in rural Australia. Without it, hundreds of millions of people would never have seen all of the generation-defining footage of Neil Armstrong walking on the moon 50 years ago. Back on Earth, it started out as just another day at work for David Cooke, the senior receiver engineer on the radio telescope at the Parkes Observatory in southeast New South Wales state, about 360 km (225 miles) west of Sydney.

FEATURE -Bullied by peers, India's LGBT+ children drop out of schools
  • US
  • 2019-07-17 23:00:01Z

The school bullies started by teasing six-year-old Shemba for walking in a feminine way, and graduated to stone-throwing when the transgender girl - initially raised as a boy - started wearing girls' uniform, aged 10. "They left me with no choice," Shemba, 15, told the Thomson Reuters Foundation, sitting cross-legged in her two-room home in India's southern city of Chennai. In a survey of almost 400 LGBT+ youth in Tamil Nadu by the United Nations' cultural agency, UNESCO, more than half skipped classes to avoid bullying, while a third dropped out of school altogether.

US heat wave just warming up for long and scorching weekend
US heat wave just warming up for long and scorching weekend
  • US
  • 2019-07-17 21:51:51Z

The heat wave that has been roasting much of the U.S. in recent days is just getting warmed up, with temperatures expected to soar to dangerous levels through the weekend. Officials also are concerned about smog, which is exacerbated by the heat and makes it more difficult for certain people to breathe

Boris Johnson, Jeremy Hunt make final pitch to Conservatives
Boris Johnson, Jeremy Hunt make final pitch to Conservatives
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  • 2019-07-17 20:40:26Z

The two men competing to be Britain's next leader have held their final televised event in front of Conservative Party members who will decide the winner. Boris Johnson and Jeremy Hunt, Britain's former and current foreign secretaries, spoke and answered questions Wednesday in front of hundreds of Tories at a London conference center. Johnson, the strong front-runner according to pollsters and bookmakers, repeated his vow to take Britain out of the European Union on the currently scheduled date of Oct. 31, with or without a replacement for Prime Minister Theresa May's "defunct" divorce agreement.

UPDATE 1-Fed: Sunny outlook for U.S. despite shade thrown by trade
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  • 2019-07-17 20:14:25Z

The U.S. economy grew at a "modest" rate in recent weeks, with consumers continuing to spend and a "generally positive" outlook overall even in the face of disruptions caused by U.S. trade policy, the Federal Reserve reported on Wednesday. Employment continued to expand and "labor markets remained tight, with contacts across the country experiencing difficulties filling open positions," the Fed reported in its latest Beige Book compendium of anecdotes from businesses around the country. Indeed the apparent durability of the now decade-old U.S. recovery has led some Fed officials to question whether a rate fed cut is needed.

A year after tragedy, Branson debates future of duck boats
A year after tragedy, Branson debates future of duck boats
  • US
  • 2019-07-17 17:12:00Z

One year after 17 people died when a boat sank on a Missouri lake near the tourist town of Branson, the question of whether the boats should return to the lake remains a topic of debate. Former Branson Mayor Karen Best had to inform the 17 victims' families that they had died when the boat sank during a storm on July 19, 2018, on Table Rock Lake. "I don't know that they need to come back to this community," Best said about the duck boats.

Five years on, flight MH17 families call for justice
  • US
  • 2019-07-17 17:04:48Z

Family members of those aboard the downed Malaysia Airlines flight MH17 called on Wednesday for those responsible to be brought to justice, as they marked the fifth anniversary of the tragedy. Flight MH17 was shot down on July 17, 2014, over territory held by pro-Russian separatists in eastern Ukraine. International investigators last month identified four suspects they believed were responsible for bringing a Russian-made missile into the area aimed at shooting down aircraft.

Joaquin
Joaquin 'El Chapo' Guzman sentenced to life in prison
  • US
  • 2019-07-17 14:18:23Z

Joaquin 'El Chapo' Guzman has been sentenced to life in prison by a judge in New York. The 62-year-old was found guilty in February of drug trafficking, after an 11-week trial that gripped the US and Mexico. A stream of infamous traffickers, cartel hitmen and mistresses were brought before the jury to testify that Guzman was one of the most powerful drug kingpins the world has ever known. His defence team insisted that he had been framed, and the real cartel leader was his colleague Ismael Zambada Garcia, known as El Mayo. Guzman's lawyer, Jeffrey Lichtman, described Guzman as no more than "a scapegoat", and that El Mayo wielded the real power, repeatedly paying off a "completely corrupt"...

British police say Manchester bomber's brother arrested in UK after extradition
  • US
  • 2019-07-17 14:18:06Z

British police said they had arrested the brother of a suicide bomber following his extradition to London from Libya, on suspicion of helping him plan the deadly 2017 arena attack in the northern city of Manchester. Hashem Abedi, 22, was detained after he landed at a London airport on Wednesday and will appear at Westminster Magistrates Court, though police did not specify when. Salman Abedi blew himself up at the end of a show by U.S. singer Ariana Grande at the Manchester Arena, killing 22 people and injuring more than 500.

Millions stranded in India as early monsoon downpours bring flood havoc
  • US
  • 2019-07-17 11:43:45Z

Millions of people are stranded by flooding in northeast India with concern growing about food and water supplies even though the impact of heavy, early monsoon rain appeared to be easing, the government said on Wednesday. More than 4.7 million people have been displaced in the tea-growing state of

UPDATE 1-U.S., Japan eye possible small trade deal by September - sources
  • US
  • 2019-07-17 02:44:41Z

The United States and Japan are working on a trade deal involving agriculture and autos that could be agreed by President Donald Trump and Prime Minister Shinzo Abe when they meet in New York in September, three industry sources familiar with the discussions said on Tuesday. An auto industry official said the deal could involve Japan offering U.S. farmers new access to its market in return for Washington reducing tariffs on certain Japanese auto parts. Such a deal would give Abe a win on autos, while helping Trump shore up support among farmers, an important constituency ahead of the 2020 presidential election.

Buzz Aldrin, second man on moon, recalls 'magnificent desolation'
  • US
  • 2019-07-17 00:43:44Z

Fifty years after their history-making voyage to the moon, Buzz Aldrin recalls the first moments of the Apollo 11 launch being so smooth that he and his two crewmates, Neil Armstrong and Mike Collins, were unsure precisely when they left the ground. Aldrin says he and his crewmates were so absorbed in doing their jobs that they were oddly disconnected from how momentous the occasion was as it unfolded for hundreds of millions of people on Earth, watching it all on live television. It was 50 years ago to the day on Tuesday that Aldrin, Armstrong and Collins were launched into space atop a Saturn 5 rocket from Florida's Kennedy Space Center.

S.Korea says to unveil plans to ease dependence on Japan industries
  • US
  • 2019-07-16 23:32:50Z

South Korea will unveil plans soon to reduce its economy's dependence on Japanese industries, its finance minister said on Wednesday, while repeating his call for Tokyo to end export curbs. "The government is working on comprehensive plans to reduce the country's dependence on Japan's materials, components and equipment industries and will announce them soon," Finance Minister Hong Nam-ki said at the start of a regular meeting of economy-related ministers.

POLL-Republican support for Trump rises after racially charged tweets
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  • 2019-07-16 23:32:50Z

Support for U.S. President Donald Trump increased slightly among Republicans after he lashed out on Twitter over the weekend in a racially charged attack on four minority Democratic congresswomen, a Reuters/Ipsos public opinion poll shows. The national survey, conducted on Monday and Tuesday after Trump told the lawmakers they should "go back and help fix the totally broken and crime infested places from which they came," showed his net approval among members of his Republican Party rose by 5 percentage points to 72%, compared with a similar poll that ran last week. Trump, who is seeking re-election next year, has lost support, however, with Democrats and independents since the Sunday...

USDA: 40% of transferred ag researchers to move to Midwest
  • US
  • 2019-07-16 22:24:15Z

The Department of Agriculture says fewer than 40% of the researchers whose jobs are being transferred from Washington, D.C., to Kansas City will make the move to the Midwest. The Kansas City Star reports that U.S. Agriculture Secretary Sonny Perdue announced in June that the USDA would move more than 550 jobs in two research agencies to Kansas City. A USDA spokesperson told The Star Tuesday that 145 workers will follow their jobs to Kansas City, while 250 will leave the agency, meaning about 37% accepted the transfers.

Man who kidnapped Jayme Closs moved out of Wisconsin
  • US
  • 2019-07-16 22:11:17Z

A man who admitted to kidnapping Jayme Closs and killing her parents has been moved to a facility outside Wisconsin. Twenty-two-year-old Jake Patterson is serving life without parole for the October deaths of James and Denise Closs. The Department of Corrections says his location is not being disclosed for his safety.

School seeks protective order in suit over student expulsion
  • US
  • 2019-07-16 20:01:28Z

A private school in Connecticut being sued for allegedly expelling a teenager for his conservative views is seeking a protective order against the teen's family. Cheshire Academy in West Hartford says Theodore and Sonia Mancini have been improperly contacting students to get discovery for their case involving their 16-year-old son, Michael. The attorney tells the Record-Journal there's no rule against the plaintiffs communicating with students.

Emails show Iowa official
Emails show Iowa official's Tupac fixation before his ouster
  • US
  • 2019-07-16 18:45:43Z

The director of Iowa's social services agency was a huge fan of the late rapper Tupac Shakur, and he frequently let his subordinates know it. Emails obtained by The Associated Press show that Iowa Department of Human Services Director Jerry Foxhoven kept sending messages to employees lauding Tupac's music and lyrics even after at least one complained to lawmakers. Then last month, he sent another such email to all 4,300 agency employees.

2-year-old Gabriella Vitale found alive and healthy after she was missing overnight in northern Michigan woods
2-year-old Gabriella Vitale found alive and healthy after she was missing overnight in northern Michigan woods
  • US
  • 2019-07-16 17:16:00Z

A missing 2-year-old girl was found alive and healthy Tuesday morning after she spent the night lost in the woods while on a family camping trip in northern Michigan, authorities said. Gabriella Roselynn Vitale was reunited with her mother and taken to a hospital to be evaluated, but first responders say she appears to be in good shape, according to Michigan State Police. What a trooper! The searchers are all clearing and the command center is packing up.

The Latest: Expert captures alligator at Chicago lagoon
The Latest: Expert captures alligator at Chicago lagoon
  • US
  • 2019-07-16 15:56:34Z

An alligator that eluded Chicago authorities for a week has met with the media after an expert from Florida captured it using a fishing pole in a public lagoon. The 5 foot 3 inch-long gator settled into Frank Robb's grip as photographers snapped pictures. Robb, of St. Augustine, Florida, arrived Sunday.

GLOBAL MARKETS-Stocks slip, U.S. yields rise on retail sales data
  • US
  • 2019-07-16 15:48:37Z

A gauge of global equities edged lower on Tuesday and U.S. Treasury yields climbed as a stronger-than-anticipated report on retail sales raised the possibility that a second rate cut by the Federal Reserve this year could be pushed back by several months. U.S. retail sales rose 0.4% in June, as households stepped up purchases of motor vehicles and a variety of other goods. "One of the things I have been wringing my hands over is this divergence between very strong consumer confidence and retail sales that have just been going nowhere so maybe we are starting to close the gap," said Jack Ablin, chief investment officer at Cresset Capital Management in Chicago.

USTR criticizes WTO appellate ruling that hands victory to China
  • US
  • 2019-07-16 15:47:04Z

The U.S. government on Tuesday sharply criticized a World Trade Organization appellate ruling that paves the way for Chinese sanctions against the United States, arguing it ignored objective evidence and findings of the World Bank and others. The WTO's appeals judges ruled on Tuesday that the United States did not fully comply with a WTO ruling on a challenge brought by China in 2012, and could face Chinese sanctions if it does not remove certain tariffs that break WTO rules. "The WTO appellate report undermines WTO rules, making them less effective to counteract Chinese SOE subsidies that are harming U.S. workers and businesses and distorting markets worldwide," the U.S. Trade...

IMF must adapt to China's rise, fintech, to stay relevant-Lipton
  • US
  • 2019-07-16 14:00:00Z

The International Monetary Fund must continue to adapt to rising economic powers such as China and new financial technologies to remain relevant in its next 75 years, the fund's acting managing director said on Monday. David Lipton, speaking at a conference in Paris marking the 75th anniversary of the Bretton Woods institutions, said the IMF, dominated by the United States and European industrial powers since its inception, has a built-in duty to reflect the rising power of emerging markets. New reserve currencies may eventually emerge," Lipton said in remarks prepared for delivery.

WRAPUP 2-Strong U.S. retail sales boost economic outlook
  • US
  • 2019-07-16 13:16:08Z

U.S. retail sales increased more than expected in June, pointing to strong consumer spending, which could help to blunt some of the drag on the economy from weak business investment. Fed Chairman Jerome Powell last week told lawmakers the central bank would "act as appropriate" to protect the economy against risks stoked by a trade war between the United States and China, as well as slowing global growth.

UPDATE 1-Top EU civil servant Selmayr to quit post
  • US
  • 2019-07-16 11:44:50Z

The European Commission's top civil servant Martin Selmayr, whose sudden promotion to that post last year angered EU lawmakers and earned a rebuke from the European Ombudsman, will step down next week, a Commission spokeswoman said on Tuesday. Secretary-General Selmayr, a frank-speaking German lawyer, was Commission president Jean-Claude Juncker's chief aide before he was promoted in an abrupt two-step process. Selmayr's compatriot Ursula von der Leyen is bidding on Tuesday to secure backing from EU lawmakers to succeed Juncker.

TIMELINE-Key dates for Britain's Brexit crisis: Choosing a new prime minister
  • US
  • 2019-07-16 10:50:35Z

Britain is due to appoint a new prime minister and attempt to renegotiate the terms of its Brexit deal, all before Oct. 31, when it is scheduled to leave the European Union. The ruling Conservative Party is in the process of selecting a new leader, who will replace Theresa May as prime minister and head of the party. The winner will be selected by a postal ballot of around 160,000 Conservative Party members.

UPDATE 2-Bulgarian tax agency says hackers stole millions of financial records
  • US
  • 2019-07-16 10:35:41Z

Hackers stole millions of Bulgarians' personal and financial data and distributed it from a Russian-based email in an attack one minister linked to the purchase of new F-16 fighter jets from the United States, the government said on Tuesday. The hackers accessed a system at Bulgaria's tax agency before sending an email from a Russian domain to some local media on Monday with links to data, officials said. Special anti-cyber crime teams were investigating the attack at the National Revenue Agency (NRA), which probably came from abroad and began at the end of June, they added.

Baltimore man guilty of killing ex-girlfriend outside school
  • US
  • 2019-07-16 08:46:55Z

A Baltimore man has been found guilty of killing his ex-girlfriend, who was found bound, beaten, stabbed, strangled and dumped outside an area high school. The Baltimore Sun reports 23-year-old Christopher Rather was convicted of second-degree murder Monday in the 2018 death of 20-year-old Jasmine Pierce-Morris. Court records say Pierce-Morris' friend and mother told detectives Pierce-Morris was avoiding Rather and had started dating someone else, but Rather was obsessed with her.

Reuters Science News Summary
  • US
  • 2019-07-16 04:57:13Z

Following is a summary of current science news briefs. As Elon Musk's SpaceX closes in on the possible cause of a fiery explosion in April that destroyed one of its astronaut capsules, a company executive said on Monday its plan to launch humans into space this year looked "increasingly difficult." One of the space company's Crew Dragon capsules exploded on a test stand at a Florida Air Force station moments before firing eight emergency abort thrusters designed to propel an on-board crew to safety in the event of a failure. As the United States races to put humans back on the moon for the first time in nearly 50 years, a NASA-funded lab in Colorado aims to send robots there to deploy...

Changing habits: China
Changing habits: China's pig farms clean up to beat swine fever
  • US
  • 2019-07-16 04:53:37Z

A devastating outbreak of African swine fever that has killed millions of pigs in China is changing attitudes in a country where farm hygiene has often been seen as lax by international standards. From farms to feed mills to transport, people involved in the pork industry say biosecurity has been tightened, with sales of disinfectants and truck cleaning washes booming as farmers try to fend off the virus. Farm owner Ma, whose 4,000 herd pig farm was visited by Reuters last year, says she is disinfecting inside and outside pig barns every other day, instead of once or twice a week.

Turkey says EU decisions will not affect its energy activities off Cyprus
  • US
  • 2019-07-16 04:16:05Z

European Union decisions to curb contacts and funding for Ankara over Turkey's drilling for gas and oil off Cyprus will not affect its determination to continue its energy activities in the region, the Turkish foreign ministry said on Tuesday. The ministry said in a statement the EU's failure to mention Turkish Cypriots in its decisions, taken on Monday, "showed how biased and partisan the EU is on the subject of Cyprus".

UPDATE 3-Democrat Beto O'Rourke trails Democratic rivals in cash contest
  • US
  • 2019-07-16 00:59:09Z

Former Democratic U.S. Representative Beto O'Rourke raised a lackluster $3.6 million for his struggling presidential campaign in the second quarter of the year, his campaign said on Monday. The fundraising haul was a warning sign for the Texas politician and a stark drop in campaign cash after he raised more than $9 million in two weeks the previous period. "That's not the kind of number you want to see right now," said Karen Finney, a Democratic strategist unaffiliated with a 2020 campaign.

Reuters World News Summary
  • US
  • 2019-07-15 23:54:26Z

Germany's Ursula von der Leyen faces a make-or-break vote on Tuesday in her quest to be the European Commission's first female leader, and a raft of promises made the previous day may help her win over skeptical European Union socialist and liberal lawmakers. To appease them, von der Leyen pledged more ambitious carbon dioxide emissions targets, a more growth-oriented fiscal policy and taxing big tech companies. The Trump administration on Monday unveiled a new rule to bar almost all immigrants from applying for asylum at the southern border, requiring them to first pursue safe haven in a third country through which they had traveled on the way to the United States.

Guggenheim defeats lawsuit claiming it siphoned annuity unit's cash for LA Dodgers
  • US
  • 2019-07-15 23:26:49Z

Guggenheim Partners won the dismissal of a lawsuit claiming it defrauded investors in a risky annuity, and siphoned cash for purposes including to help its billionaire chief executive Mark Walter buy the Los Angeles Dodgers baseball team. In a decision on Friday, U.S. District Judge Holly Teeter in Kansas City, Kansas, rejected racketeering claims by Albert Ogles, the Alabama man leading the proposed class action. Teeter said Ogles failed to offer enough evidence that the annuity he bought was fraudulently designed, and said one of his legal theories was preempted by state law.

Pearson goes 'digital first' in U.S. college market
  • US
  • 2019-07-15 23:00:01Z

Pearson, the world's biggest education company, will release all its titles for the United States college market in digital form first, in a break from the traditional and more expensive textbook publishing model. "I am increasingly confident and excited about this," Pearson Chief Executive John Fallon told Reuters. College students already access over 10 million digital courses and e-books each year from Pearson.

U.S. House panel probes education secretary DeVos' personal email use
  • US
  • 2019-07-15 20:28:53Z

A U.S. congressional committee on Monday sought records from Education Secretary Betsy Devos relating to her use of private email accounts, expanding an investigation into how President Donald Trump's top aides use unofficial messaging services to conduct government affairs. U.S. Representative Elijah Cummings, the Democratic chairman of the House Oversight and Reform Committee, sent a letter to DeVos requesting copies of all messages relating to official government business she sent or received from private email accounts or electronic messaging services. The letter gave DeVos a July 29 deadline.

Top News: US

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