Trader who touted ForceField stock on Fox Business gets 15 months
(Reuters) – A Dallas-based trader was sentenced to 15 months in prison on Wednesday after pleading guilty to taking part in a scheme to pump up the stock price of LED lighting company ForceField Energy Inc, which U.S. prosecutors have said caused inves…
Prosecutors ask court to end Texas county’s cash bail for misdemeanors
AUSTIN, Texas (Reuters) – Dozens of current and former state, county and federal prosecutors asked a U.S. appeals court on Wednesday to strike down a bail system in the most populous Texas county that requires cash bonds for misdemeanor defendants, say…
Chicago touts new debt structure aimed at saving money
CHICAGO (Reuters) – Under a plan announced on Wednesday by the mayor’s office, Chicago would create a new entity to issue bonds backed by city’s share of Illinois sales tax collections in an effort to reduce its borrowing costs.
Ex-Gottex accountant gets prison for theft of nearly $3.6 million
BOSTON (Reuters) – A former accountant at Gottex Fund Management Holdings Ltd was sentenced on Wednesday to more than four years in a U.S. prison for engaging in a multi-year scheme to steal nearly $3.56 million from the Swiss hedge fund firm.
United Airlines apologizes for death of dog on flight
(Reuters) – United Airlines has apologized to the owners of dog who died in an aircraft cargo hold during a flight from Houston to San Francisco, the latest death of an animal under the airline’s care.
Goldman to use ‘personality test’ for hiring decisions
(Reuters) – Goldman Sachs Group Inc plans to begin using a “personality test” as part of the hiring process for positions in its banking, trading and finance and risk divisions, a senior Goldman executive said on Wednesday.
Taylor Swift shakes off silence with high-profile groping trial
LOS ANGELES (Reuters) – After keeping a low profile for months, Taylor Swift has put herself back in the spotlight in a bare bottom-groping trial, whose potential for embarrassment many celebrities would do their best to avoid.
Cuba says investigating ‘incidents’ concerning U.S. diplomats in Havana
WASHINGTON/HAVANA (Reuters) – Cuba said on Wednesday it was investigating allegations by the United States that unspecified “incidents” caused physical symptoms in Americans serving at the U.S. Embassy in Havana, after two Washington-based Cuban diplom…
Japan’s Takata files another attempt to stay U.S. air bag lawsuits
WASHINGTON (Reuters) – Japanese auto supplier Takata Corp filed for U.S. bankruptcy protection on Wednesday in an effort to pause lawsuits against the company over faulty air bag inflators – more than a month after its U.S. unit filed for bankruptcy in…
Judge delays NJ Senator Menendez’s dismissal bid, trial set for September 6
(Reuters) – A judge has decided to delay ruling on whether federal corruption charges against Senator Bob Menendez of New Jersey should be dismissed, clearing the way for the Democrat’s trial to begin as scheduled on Sept. 6.
