Michigan State University’s credit rating cut over sex abuse scandal
CHICAGO (Reuters) – Michigan State University’s heightened financial risk in the wake of a sex abuse scandal involving former USA Gymnastics doctor Larry Nassar led Moody’s Investors Service to cut the school’s credit rating to Aa2 from Aa1 on Thursday…
Severe weather, including tornadoes, threaten 24 million in U.S.: forecasters
CHICAGO (Reuters) – Severe weather including hail, high winds and possible tornadoes threatened more than 24 million people across the central and northeastern United States on Thursday, meteorologists said.
Cosby, Polanski expelled from Academy of Motion Pictures
LOS ANGELES (Reuters) – The Academy of Motion Picture Arts and Sciences expelled television’s Bill Cosby and Oscar-winning director Roman Polanski on Thursday as the Academy Awards presenter responded to misconduct allegations roiling Hollywood.
Nine dead in crash of U.S. military plane on retirement flight
(Reuters) – All nine people on board were killed when a Puerto Rico Air National Guard cargo plane, on what was to be its last flight before retirement, crashed on Wednesday near Savannah, Georgia, scattering fiery debris over a highway and railroad tr…
Bill Cosby, Roman Polanski expelled from film academy -statement
LOS ANGELES (Reuters) – Television’s Bill Cosby and Oscar-winning director Roman Polanski were expelled from the Academy of Motion Picture Arts and Sciences, the Academy Awards presenters said in a statement on Thursday.
U.S. regulator orders Jay-Z to testify on sale of clothing brand
WASHINGTON (Reuters) – The U.S. Security and Exchange Commission (SEC) on Thursday ordered music mogul and businessman Jay-Z to explain details of the sale of his clothing line to determine whether it violated federal security laws.
U.S. prosecutors dealt dual setbacks in mortgage bond fraud crackdown
(Reuters) – U.S. prosecutors cracking down on deceptive mortgage bond trading practices on Thursday suffered dual losses as a federal appeals court overturned an ex-Jefferies Group[JGLL.UL] trader’s conviction and a jury acquitted a former Cantor Fitzg…
Arizona governor signs bill to boost teachers’ wages amid strike
PHOENIX (Reuters) – Arizona’s governor signed a budget bill on Thursday that will boost teachers’ wages by 20 percent over the next three years, after dozens of the state’s school districts canceled classes as part of a strike to demand pay raises.
Ex-Cantor Fitzgerald bond trader acquitted in U.S. of fraud
(Reuters) – A former Cantor Fitzgerald trader was acquitted on Thursday of U.S. charges that he defrauded investors by lying about the price of mortgage bond transactions he handled for them after the financial crisis, prosecutors said.
Bill Cosby’s wife slams prosecutor, accusers for husband’s guilty verdict
(Reuters) – Bill Cosby’s wife of more than 50 years jumped to his defense on Thursday, blaming his sexual-assault conviction last week on a corrupt prosecutor, a pliant press and a lying accuser that she said led to a false verdict and stirred a lynch …
