U.S. top court fortifies prosecutors in insider trading cases
(Reuters) – The U.S. Supreme Court on Tuesday made it easier to prosecute insider trading cases, ruling that tipsters who provide confidential information that enables friends and family to profit do not need to get something in return to have broken t…
Junk-rated Chicago schools plan new kind of bond issue
CHICAGO (Reuters) – Chicago’s public school (CPS) system plans to sell a new type of bond issue in an attempt to separate the debt from the district’s severe financial woes and protect it in a potential bankruptcy filing, according to a document releas…
U.S. judge grants new immigration fraud trial for Palestinian activist
DETROIT (Reuters) – A federal judge in Detroit on Tuesday granted a new trial for a Palestinian activist charged with immigration fraud for failing to disclose that she had been imprisoned in Israel in connection with a 1969 supermarket bombing there, …
Murder or self-defense argued in trial over ex-NFL star’s killing
NEW ORLEANS (Reuters) – The shooting death of retired NFL player Will Smith was an “execution,” Louisiana prosecutors said in court on Tuesday, opening a high-profile murder trial in which the accused is seeking immunity under a “stand your ground” sta…
Repealing Obamacare to be first on Senate agenda in 2017
WASHINGTON (Reuters) – Repealing Obamacare will be the first order of business in the U.S. Senate in January, Senate Majority Leader Mitch McConnell, a Republican, said on Tuesday.
Japan’s SoftBank to invest $50 billion in United States
WASHINGTON (Reuters) – Japanese telecoms and internet firm SoftBank Group Corp plans to invest $50 billion in the United States in businesses and create 50,000 new jobs, U.S. President-elect Donald Trump said on Tuesday.
Suriname leader’s son’s ‘right hand’ gets prison in U.S. drug case
NEW YORK (Reuters) – A Surinamese man convicted of acting as the “right-hand man” to the son of the country’s president during a scheme to send large amounts of cocaine to the United States was sentenced on Tuesday to 11-1/4 years in a U.S. prison.
Heisman Trophy winner and former NFL player Rashaan Salaam dies at 42
DENVER (Reuters) – Rashaan Salaam, who won the Heisman Trophy, U.S. college football’s highest honor, and played in the National Football League, was found dead in a city park in Boulder, Colorado, authorities said on Tuesday.
U.S. courts look ahead to Trump as Obama cases fizzle
WASHINGTON (Reuters) – President Barack Obama’s legal defense of some key initiatives including his signature healthcare law is collapsing as courts put cases on hold until after President-elect Donald Trump, hostile to the policies, assumes office on …
Bahamian man gets five years in U.S. prison for hacking celebrities
NEW YORK (Reuters) – A Bahamian man was sentenced to five years in U.S. prison on Tuesday for hacking into celebrities’ email accounts to steal unreleased film and television scripts, personal information and sexually explicit videos in order to sell t…
