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Results, jobs data buoy Wall St, S&P eyes 2,000

Thursday, 24 July 2014 10:10
NEW YORK (Reuters) – U.S. stocks opened slightly higher on Thursday, following a record close on the S&P 500 index, lifted by strong job market data in the United States and overseas factory readings, while better than forecast results sent Facebook shares rallying. The Dow Jones industrial average <.DJI> is up 15.7 points, or 0.09 percent, to 17,102.33, the S&P 500 <.SPX> added 2.07 points, or 0.1 percent, to 1,989.08 and the Nasdaq Composite <.IXIC>…
Bank of America to pay $16.6 million to resolve U.S. sanctions violations
Thursday, 24 July 2014 10:10
By Aruna Viswanatha WASHINGTON (Reuters) – Bank of America Corp’s banking unit <BAC.N> agreed to pay $16.6 million to resolve allegations that it processed several hundred transactions for drug traffickers who are subject to U.S. sanctions, the U.S. Treasury Department said on Thursday. The bank processed around $91,000 in transactions for six designated narcotics traffickers between 2005 and 2009, and failed to file timely reports on accounts owned by four others, the department’s Office of…
Barclays challenges US fraud case
Thursday, 24 July 2014 10:08
24 July 2014Last updated at 15:47 Share this pageDeliciousDiggFacebookredditStumbleUponTwitterEmailPrint Continue reading the main story Related StoriesBarclays shares fall on fraud claimsBarclays to cut 19,000 jobs Barclays has said it wants legal action alleging fraud in its US "dark pool" trading operations to be thrown out of court. In a statement the bank said: "We do not believe that this suit is justified." New York prosecutors alleged in June that Barclays had misled investors using its…
Fake wine merchant to be sentenced
Thursday, 24 July 2014 10:08
24 July 2014Last updated at 16:06 Share this pageDeliciousDiggFacebookredditStumbleUponTwitterEmailPrint Kurniawan is said to have sold thousands of bottles of fake vintage wine during his nearly decade-long career Continue reading the main story Related StoriesWine fraudster to be sentenced in US Watch
AP names Derl McCrudden head of international video news
Thursday, 24 July 2014 10:08
Derl McCrudden stands in the Associated Press newsroom in London, Wednesday, July 23, 2014. McCrudden, head of video newsgathering for The Associated Press, has been promoted to head of international video news. The appointment was announced Thursday, July 24, 2014 by Sandy MacIntyre, AP vice president and director of global video. McCrudden, 43, will continue to be based at AP’s global video headquarters in London as he oversees AP's international video operations.
German officials evacuate building over suspected gas leak but find fridge full of rotten food
Thursday, 24 July 2014 10:08
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Storm kills three, injures five at Virginia campground
Thursday, 24 July 2014 10:08
WASHINGTON (Reuters) - A possible tornado swept through a Virginia campground on Thursday, killing at least three people and injuring five, a fire department spokeswoman said. The storm hit the Cherrystone Campground at Cape Charles, Virginia, overturning three cars and an a tractor-trailer, said Brittney Eder, a spokeswoman for the Eastville Volunteer Fire Company. "So far the count is three," she said of the death toll. The storm pummeled the area about 100 miles (160…
Two-hours Arizona execution sparks calls for rethink on death penalty
Thursday, 24 July 2014 10:08
By David Schwartz PHOENIX (Reuters) - Lawyers for a convicted double-murderer whose lethal injection in Arizona dragged on for two hours, while witnesses watched him gasping for breath and attorneys scrambled to halt the process, have called for an outside review of the "horrifically botched execution." The ordeal in putting Joseph Wood to death on Wednesday at a prison facility southeast of Phoenix marked the third instance this year of a lethal injection gone awry,…
FOX NEWS POLLS: Voters say Obama exceeded his authority, but oppose impeachment - Most say administration not most transparent ever - Obama White House incompentent at governing, voters say - Majority think Putin has upper hand in Ukraine
Thursday, 24 July 2014 09:30
July 21, 2014: President Barack Obama speaks about the My Brothers Keeper Initiative, at the Walker Jones Education Campus in Washington. (AP) Despite believing Barack Obama has overstepped his authority as president, most voters reject calls to impeach him for that -- or for any other reason. By a 58-37 percent margin, the latest Fox News poll finds that voters think President Obama exceeded his authority under the Constitution when he unilaterally changed the health…
FRANTIC SEARCH Air Algerie plane carrying 116 disappears from radar
Thursday, 24 July 2014 09:30
An Air Algerie flight carrying 116 people from Burkina Faso to Algeria's capital disappeared from radar early Thursday, according to the the plane's owner. Air navigation services lost track of the Swiftair MD-83 roughly 50 minutes after takeoff from Ougadougou, the capital of Burkina Faso, at 9:55 p.m. ET Wednesday, the official Algerian news agency said. That means that Flight 5017 had been missing for hours before the news was made public.
 

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