By Noreen O'Donnell NEW YORK (Reuters) - Federal authorities
announced a $65,000 reward on Tuesday in the unsolved 2008 case of
the Times Square bomber who tried to destroy a military recruiting
station before escaping on a bicycle. Authorities released new
videos of the suspect and a picture of the bomb. They said the
explosion - which went off in one of the city's busiest
intersections - might be related to two earlier bombings in New
York, one at the British Consulate in 2005 and another at the
Mexican Consulate in 2007. ...
By Joseph Lichterman OAKLAND TOWNSHIP, Michigan (Reuters) - FBI
agents in suburban Detroit widened their search of an overgrown
field Tuesday for the remains of former Teamsters union boss Jimmy
Hoffa, who disappeared nearly 38 years ago and is thought to have
been murdered by mobsters. The search for Hoffa along with a dig at
the former home of late New York mobster Jimmy Burke, the suspected
mastermind of the 1978 Lufthansa cargo heist, and the trial of
Boston gang leader James "Whitey" Bulger made Tuesday especially
notable for followers of U.S. organized crime cases of the 1970s
and '80s. ...
MIAMI (AP) — The daughter of a prominent Cuban dissident who
died in a car crash says her family decided to seek refuge in the
U.S. after facing continued repression.
ENNISKILLEN, Northern Ireland (AP) — Well, that was close. Or
was it? Shortly after wrapping up one of the most peaceful Group of
Eight summits in recent memory, Prime Minister David Cameron let a
cat out of the bag.
By Bernie Woodall DETROIT (Reuters) - Chrysler Group LLC said
it would recall 2.7 million older Jeep models after initially
fighting a recall request from U.S. regulators in a dispute over
crash protection for their fuel tanks. The recall will affect Jeep
Grand Cherokee SUVs from model years 1993 to 2004 and Jeep Liberty
SUVs from 2002 to 2007. While Chrysler stood by its assertion that
the vehicles are not defective, the automaker acknowledged consumer
concerns and said it may upgrade the rear structure of the
vehicles, which have their fuel tanks situated behind the rear
axle. ...
By Nate Raymond NEW YORK (Reuters) - Two former hedge fund
managers persuaded a U.S. appeals court on Tuesday to allow them to
remain free on bail as they seek to have their insider-trading
convictions thrown out. Todd Newman, a former portfolio manager at
hedge fund Diamondback Capital Management, and Anthony Chiasson,
co-founder of hedge fund Level Global Investors, had been set to
begin prison sentences later this summer. The two were convicted in
December of illegally trading in Dell Inc and Nvidia Corp stock
based on non-public information supplied by research analysts.
...
By Jason McLure LITTLETON, New Hampshire (Reuters) - New
Hampshire is set to become the final state in New England to allow
medical marijuana after negotiators from the Republican-controlled
Senate and Democratic-controlled House agreed Tuesday on a bill
backed by Governor Maggie Hassan. The law would allow up to four
marijuana dispensaries to open as soon as 2015. Patients with
cancer, HIV, glaucoma and other diseases would be eligible to
purchase the drug with state-issued identity cards from a physician
or nurse practitioner certifying that they need it to soothe pain.
...
By John Shiffman and Mark Hosenball (Reuters) WASHINGTON - U.S.
intelligence officials on Tuesday identified two of the more than
50 classified cases in which they say National Security Agency
eavesdropping helped thwart terrorist plots including a planned
attack on the New York Stock Exchange. The other, a San Diego money
laundering investigation tied to financing for a Somali militia, is
among the 27 cases cited in a Reuters report Tuesday
[ID:nL2N0ET0PZ] in which the U.S. government filed public notice
that it used a Foreign Intelligence Surveillance Act warrant.
...
By Ryan Vlastelica NEW YORK (Reuters) - Stocks advanced for a
second straight day on Tuesday as investors bet the Federal Reserve
would temper statements which were interpreted to mean a
sooner-than-expected winding down of stimulus efforts. Strong
market breadth showed an increased appetite for equities, but
trading volume was light, a sign that many market participants were
taking a wait-and-see attitude. The Fed's two-day policy meeting
started Tuesday, and traders are trying to guess its timeline for
scaling back purchases of $85 billion per month of bonds. ...
SACRAMENTO, Calif. (AP) — In the decades after the Civil War,
the nation's first black Army regiments guarded Yosemite and
Sequoia national parks against poaching and timber thefts, a role
that in hindsight made them America's first park rangers.
PHOENIX (AP) — A woman sued Fox News Network for airing live
footage last fall of a carjacking suspect in a police chase
committing suicide in the Arizona desert and not using a time delay
that would have prevented the death from being broadcast on
national television.
(Reuters) - Billionaire investor Carl Icahn on Tuesday laid out
a new proposal for Dell Inc, calling on the No. 3 PC maker to buy
back 1.1 billion shares and allowing the activist to become a
larger stakeholder. Icahn said in an open letter to Dell
shareholders that he and Southeastern Asset Management would still
seek to stop founder Michael Dell's buyout offer for the company,
and if successful, elect new directors to the board at a
shareholder meeting scheduled for July 18. Those directors in turn
would implement a $14 per share tender offer, he said in the
letter. ...
TULSA, Okla. (AP) — An engineer killed in a fiery train
collision last year suffered from glaucoma and cataracts most of
his life and had had about a dozen medical procedures in the three
years leading up to the accident, a doctor told a federal oversight
board on Tuesday.
By Jennifer Saba (Reuters) - Facebook Inc said on Tuesday it
now has 1 million active advertisers globally who used the platform
in the last 28 days, a milestone for the company that is seeking to
revive its revenue growth. A vast majority of those advertisers are
small business owners who have flocked to the world's No. 1 social
network. Facebook executives are hoping to net even more small
advertisers since 16 million local businesses, ranging from jewelry
sellers to clothing stores, set up free pages on the network.
...
By Karen Freifeld NEW YORK (Reuters) - A financial advisory
unit of Deloitte LLP has agreed to pay $10 million and accept other
New York state penalties to settle accusations of misconduct
related to an investigation of money laundering at Standard
Chartered Bank. Deloitte Financial Advisory Services also agreed to
a one-year ban on doing consulting work for financial institutions
regulated by New York state, and to reforms designed to address
conflicts of interest, the state Department of Financial Services
said on Tuesday. ...
CHICAGO (Reuters) - Seeking to break a weeks-long impasse in
efforts to fix the state's woefully underfunded pension system,
Illinois will turn to a rarely used legislative conference
committee in hopes of reaching a compromise solution, Governor Pat
Quinn's office said on Tuesday. State lawmakers return to the state
capitol on Wednesday for a special session on pensions called by
Quinn. A series of meetings over the last two weeks has brought the
Democratic Senate president and House speaker no closer to tackling
the state's nearly $100 billion unfunded pension liability. ...
NEWARK, N.J. (AP) — A State Department spokeswoman says a man
who ranted about national security and repeatedly screamed "I'm
dead" during a flight from Hong Kong to New Jersey once worked at
the agency.
SEATTLE (Reuters) - Google Inc said on Tuesday it has asked the
Foreign Intelligence Surveillance Court to allow the Internet
company to publish aggregate numbers of national security requests,
including disclosures under the Foreign Intelligence Surveillance
Act (FISA), separately from criminal requests. Google's move comes
after other tech companies, including Microsoft Corp, Facebook Inc
and Apple Inc released limited information about the number of
surveillance requests they receive under an agreement they struck
with the U.S. government last week. ...
WASHINGTON (AP) — Sen. Claire McCaskill endorsed an outside
political group encouraging Hillary Rodham Clinton to run for
president in 2016, saying it was important for Democrats to build a
groundswell of support for the former secretary of state.
By David Ljunggren (Reuters) - Montreal Mayor Michael Applebaum
resigned on Tuesday, a day after he was charged with fraud and
corruption in the latest major Canadian municipal scandal. "I am
going to put my energies into my defense and into my family," said
Applebaum, who had promised to clean up Canada's second-largest
city when he was named to the post in November. Declaring his
innocence, he added in a statement to reporters: "This is why I am
resigning as mayor of Montreal - it is the responsible thing to do.
...
ENNISKILLEN, Northern Ireland (AP) — President Barack Obama,
Russian President Vladimir Putin and other G-8 leaders attempted to
speak with one voice Tuesday on seeking a negotiated Syrian peace
settlement — yet couldn't publicly agree whether this means
President Bashar Assad must go.
ENNISKILLEN, Northern Ireland (AP) — President Barack Obama,
Russian President Vladimir Putin and other G-8 leaders attempted to
speak with one voice Tuesday on seeking a negotiated Syrian peace
settlement — yet couldn't publicly agree whether this means
President Bashar Assad must go.
ENNISKILLEN, Northern Ireland (AP) — President Barack Obama,
Russian President Vladimir Putin and other G-8 leaders attempted to
speak with one voice Tuesday on seeking a negotiated Syrian peace
settlement — yet couldn't publicly agree whether this means
President Bashar Assad must go.
ENNISKILLEN, Northern Ireland (AP) — President Barack Obama,
Russian President Vladimir Putin and other G-8 leaders attempted to
speak with one voice Tuesday on seeking a negotiated Syrian peace
settlement — yet couldn't publicly agree whether this means
President Bashar Assad must go.
ROME (AP) — Italy's high court on Tuesday harshly faulted the
appeals court that acquitted American student Amanda Knox of
murdering her roommate, saying its ruling was full of
"deficiencies, contradictions and illogical" conclusions. It
ordered a new appeals court to consider all the evidence to
determine whether Knox helped kill the young woman.
FORT HOOD, Texas (AP) — Jury selection will start July 9 in
the murder trial of the Army psychiatrist charged in the deadly
2009 Fort Hood shooting rampage.
(Reuters) - Adobe Systems Inc, which makes the Photoshop and
Acrobat software, reported a higher-than-expected adjusted
quarterly profit as demand rose for the subscription-based version
of its flagship software package. Shares of the company rose 4.4
percent in after-market trading. Net income fell to $76.5 million,
or 15 cents per share, in the second quarter, from $223.9 million,
or 45 cents per share, a year earlier. Excluding items, earnings
were 36 cents per share. Revenue fell 10 percent to $1.01 billion.
Analysts on average had expected earnings of 33 cents per share on
revenue of $1. ...
NEW YORK (AP) — A man accused of fatally shooting a gay man
walking with a companion in New York City's Greenwich Village
afterward claimed that he opened fire because the victim "thought
he was tough in front of his bitch," prosecutors said in court
papers Tuesday.
By Jonathan Allen NEW YORK (Reuters) - Former Mayor Ed Koch
was 88 years old when he died in February, despite what his
gravestone said. A worker at the Trinity Cemetery in Manhattan
noticed last week that the gravestone's inscription shaved 18 years
off the mayor's life after a stonecutter transposed two digits in
his birth year, a Trinity spokeswoman said on Tuesday. The correct
year of 1924 was mistakenly carved as 1942, she said. "It was a
simple human mistake," said Tommy Flynn, owner of Flynn Funeral
& Cremation Memorial Centers, which worked with Koch to create
his funeral monument. ...
WASHINGTON (AP) — The nation's teacher-training programs do
not adequately prepare would-be educators for the classroom, even
as they produce almost triple the number of graduates needed,
according to a survey of more than 1,000 programs released
Tuesday.
By Jane Sutton GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) -
No court in the world has ever ordered the International Committee
of the Red Cross to open its confidential files on prisoner visits
and the U.S. Guantanamo war crimes tribunal would set a dangerous
precedent if it becomes the first to do so, a lawyer for the
humanitarian group said on Tuesday. ...
NEW YORK (Reuters) - Chinese network equipment and cellphone
maker Huawei Technologies Co said it "has no plans to acquire
Nokia", responding to a Financial Times report that it would
consider buying the Finish phone maker. The denial came from
Huawei's vice president for external affairs, Bill Plummer. The
story on the FT website on Tuesday had quoted the head of Huawei's
consumer business, Richard Yu, as saying: "We are considering these
sorts of acquisitions; maybe the combination has some synergies but
depends on the willingness of Nokia. We are open-minded." Nokia
declined comment. ...
WASHINGTON (AP) — States can ask for another year before
using student test results to decide whether to keep or fire
teachers, Education Secretary Arne Duncan told school chiefs on
Tuesday.
WASHINGTON (AP) — The Interior Department says it is ready to
start a program to help Native American tribes buy parcels of
reservation land that have accumulated multiple owners.
By Kim Palmer CLEVELAND (Reuters) - Three Ohio residents are
accused of holding a cognitively disabled woman and her daughter
against their will and forcing the woman to perform physical labor
for them, threatening her with snakes if she didn't comply,
authorities said on Tuesday. The trio, Jordie Callahan, Jessica
Hunt and Daniel Brown, conspired to beat the woman and her child,
threatened them with snakes and forced them to sleep in a padlocked
room with a large iguana, according to the U.S. Department of
Justice. ...
Microfinance is a big buzzword these days. The World Bank
defines it as “the provision of financial services to the
entrepreneurial poor.” In fact, the Bank says that about 95 percent
of these individuals around the world do not have ways to obtain
credit, insurance, and other components of microfinance.