| | |
| Three children injured as car hit Kansas City child care center Tuesday, Jul 30, 2013 12:58 PM PDT By Kevin Murphy KANSAS CITY, Missouri (Reuters) - Three young children were seriously injured on Tuesday, including two trapped under a car, after the vehicle slammed into a child care center in Kansas City, Missouri, according to local officials. The children suffered "serious but not life-threatening injuries," and were taken to Children's Mercy Hospital in Kansas City, according to Danny Rotert, Kansas City communications director, who was interviewed on CNN. One adult was also taken to an area hospital with serious but not life-threatening injuries. ... Full Story | Top |
| Morgan Stanley fined for selling exotic funds to unwary investors Tuesday, Jul 30, 2013 12:52 PM PDT  By Trevor Hunnicutt NEW YORK (Reuters) - Morgan Stanley has agreed to pay a $100,000 fine to New Jersey state securities regulators for selling exotic exchange-traded funds to unwary investors, state officials said on Tuesday. The New Jersey Bureau of Securities says improperly trained Morgan Stanley financial advisers sold non-traditional funds, such as leveraged and inverse ETFs, to elderly investors seeking investments that would provide income. The investments resulted in losses for those clients, regulators said. ... Full Story | Top |
| World Fuel questions Quebec order to pay for train crash cleanup Tuesday, Jul 30, 2013 12:49 PM PDT  OTTAWA (Reuters) - U.S. fuel logistics company World Fuel Services Corp said on Tuesday it has "serious objections" to being ordered by the Quebec government to help pay for the cleanup of the devastating railway crash in Lac-Megantic, Quebec, on July 6. The provincial government of Quebec signed a legal order on Monday obliging the U.S. operator of the train, Montreal, Maine and Atlantic (MMA) Railway, and World Fuel Services, whose subsidiary sold the light crude oil carried by the train's tanker cars, to foot the bill. ... Full Story | Top |
| Senate Republicans feud over defunding 'Obamacare' Tuesday, Jul 30, 2013 12:45 PM PDT  By David Lawder and Richard Cowan WASHINGTON (Reuters) - A nasty, name-calling spat between Tea Party conservatives and older, more moderate Republican senators is playing out in public this week, fueling a battle over the best way to kill President Barack Obama's landmark healthcare law. Senators usually reserve for private conversations words such as "silly", "dumb," "dishonest" and "feckless" when referring to ideas being floated by members of their own political party. ... Full Story | Top |
| WestJet warns on outlook but optimistic on costs Tuesday, Jul 30, 2013 12:39 PM PDT  By Solarina Ho TORONTO (Reuters) - WestJet Airlines Ltd posted a slightly higher-than-expected quarterly profit on Tuesday but warned that a key measure of airline efficiency would decline in the near term as it launches its Encore regional carrier. Canada's No. 2 airline said revenue per available seat mile (RASM) fell 4.6 percent in the second quarter and would show a similar drop in the current quarter. But it cut its costs in the latest quarter and issued an improved cost outlook. ... Full Story | Top |
| Beckham to release picture book in October Tuesday, Jul 30, 2013 12:37 PM PDT (Removes references to autobiography in headline and througout copy) LONDON, July 30 (Reuters) - Former England soccer captain David Beckham will release a picture book in October featuring images from his playing career in a deal with a UK publishing unit of French media company Lagardere. The ex-Manchester United and Real Madrid midfielder, who retired from football in May after a brief spell with French club Paris St Germain, is expected to release the book on Oct. 31 with Lagardere's UK-based Headline Publishing Group. ... Full Story | Top |
| Accused tipper to SAC hedge fund arrested in insider-trading probe Tuesday, Jul 30, 2013 12:24 PM PDT  By Emily Flitter and Dan Levine (Reuters) - A securities analyst accused of leaking secret information in 2009 about a potential partnership between Yahoo and Microsoft to an SAC Capital Advisors hedge fund manager and other traders was arrested and charged in California, prosecutors said on Tuesday. Sandeep Aggarwal, who worked as an analyst covering technology stocks before moving to India to start his own internet company, was arrested on Monday by FBI agents in San Jose while visiting the United States. ... Full Story | Top |
| Low-cost operations of Japan's ANA to focus on resort travel: Nikkei Tuesday, Jul 30, 2013 12:24 PM PDT (Reuters) - Japan's ANA Holdings Inc plans to beef up its low-cost-carrier operations by focusing on resort travel to places such as Guam and Hawaii, the Nikkei said, citing company sources. While the company's lead carrier All Nippon Airways will cash in on high-priced business travels, its budget airlines will target tourists headed overseas, the paper said. ANA bought AirAsia Bhd out of a Japanese budget airline joint venture for 2.45 billion yen ($24.99 million) last month, dissolving a loss-making alliance after less than two years. ... Full Story | Top |
| Crackdown on risk hits Barclays, Deutsche Tuesday, Jul 30, 2013 12:06 PM PDT  By Steve Slater and Edward Taylor LONDON/FRANKFURT (Reuters) - A $9 billion rights issue and a fresh purge of assets are among the measures Britain's Barclays and Germany's Deutsche Bank announced on Tuesday to meet tougher rules on risk, raising concern among investors that regulators will push other European banks into similar action. Unlike their U.S. ... Full Story | Top |
| Spanish train driver was on the phone at time of crash Tuesday, Jul 30, 2013 11:44 AM PDT  MADRID (Reuters) - The driver of the train that derailed in northwestern Spain last week, killing 79 people, was talking on the phone with state train operator Renfe at the time of the accident, a court said on Tuesday after analyzing the train's data recording devices. The initial reading of the so-called black boxes said driver Francisco Garzon received a call from Renfe minutes before the accident to discuss the path to Ferrol, the final destination for the high-speed train that departed from Madrid on Wednesday with 218 passengers aboard. ... Full Story | Top |
| Dow, S&P 500 dip as materials, energy shares fall Tuesday, Jul 30, 2013 11:29 AM PDT  By Alison Griswold NEW YORK (Reuters) - The Dow and the S&P 500 edged lower on Tuesday, erasing earlier gains, after a selloff in materials and energy shares and a shakeup in the potash sector took a toll on the broader market. Mosaic Co stock was among the biggest drags on the S&P 500, sinking 18.1 percent to $43.38 after Russia's Uralkali dismantled one of the world's largest potash partnerships by pulling out of a venture with its partner in Belarus, a move it expects will drive global prices down 25 percent. ... Full Story | Top |
| Obama to propose 'grand bargain' Tuesday, Jul 30, 2013 11:28 AM PDT By Steve Holland CHATTANOOGA, Tennessee (Reuters) - President Barack Obama proposed a "grand bargain for middle-class jobs" on Tuesday that would cut the U.S. corporate tax rate and use billions of dollars in revenues generated by a business tax overhaul to fund projects aimed at creating jobs. His goal, as outlined in a speech at an Amazon.com Inc facility in southeast Tennessee, is to break through congressional gridlock by trying to find a formula that satisfies both Republicans and Democrats. ... Full Story | Top |
| Italy prosecutor asks top court to reduce Berlusconi ban Tuesday, Jul 30, 2013 11:21 AM PDT  ROME (Reuters) - An Italian public prosecutor on Tuesday asked the country's top court to reduce former Prime Minister Silvio Berlusconi's ban from public office for tax fraud to 3 years from 5, but to confirm a one year prison term. The supreme court is hearing Berlusconi's last appeal in a case which could threaten the survival of Italy's shaky coalition government if his conviction is confirmed. Berlusconi was sentenced to four years in jail by the lower court but this has been reduced to one year under a 2006 amnesty. ... Full Story | Top |
| Pop star Miley Cyrus says she's no "twerk queen" Tuesday, Jul 30, 2013 11:14 AM PDT  By Rollo Ross LONDON (Reuters) - U.S. pop singer and former Disney television child star Miley Cyrus brushed off any suggestions that dropping her squeaky clean image was a sign she was "going off the rails". Cyrus, who starred in Walt Disney Co's 2006-11 "Hannah Montana" TV series about a high school student with a double life as a famous musician, told Reuters her newly cropped hair, tattoos and adult music videos don't mean she is following the well-worn path to perdition trodden by other child stars. She's just growing up. ... Full Story | Top |
| Guantanamo prisoners clamor for 'Fifty Shades of Grey' Tuesday, Jul 30, 2013 11:08 AM PDT  (Reuters) - The "Fifty Shades of Grey" series of erotic novels are the favorite reading material among "high-value" prisoners at the Guantanamo detention camp in Cuba, a U.S. congressman said. Representative Jim Moran of Virginia was among congressional delegates who last week toured Camp 7, the top-security facility that holds more than a dozen "high-value" prisoners, including five men charged with plotting the September 11 attacks on the United States in 2001. "Rather than the Koran, the book that is requested most by the (Camp 7 detainees) is 'Fifty Shades of Grey. ... Full Story | Top |
|
No comments:
Post a Comment