Legg Mason’s Bill Miller leaves firm amid faded glory
NEW YORK/BOSTON (Reuters) – Legg Mason Inc’s Bill Miller, whose mutual fund beat the S&P 500 handily for 15 consecutive years at the turn of the century, is riding off into the sunset after his recent lagging returns left a trail of disappointed investors.
Two killed in Maryland explosion and fire, several missing
WASHINGTON (Reuters) – Two people were killed and several remained missing after an explosion and fire tore through an apartment complex overnight in a Washington suburb, authorities said on Thursday.
Delta cancels 25 flights, some due to bad weather
(Reuters) – Delta Air Lines Inc said it had canceled about 25 flights on Thursday as operations return to normal following a power outage on Monday that hit its computer systems, leading to cancellation of nearly 2,000 flights.
Panera challenges U.S. restaurants to come ‘clean’ on kids menus
LOS ANGELES (Reuters) – Panera Bread Co is launching a “clean” kids menu, the restaurant chain said on Thursday, and it challenged rivals like McDonald’s Corp to stop luring children with junk food and toys that often have more taste and flash than nut…
U.S. DEA denies petition to reclassify marijuana
WASHINGTON (Reuters) – The U.S. Drug Enforcement Administration on Thursday denied requests to loosen the classification of marijuana as a dangerous drug with no medical use.
U.S. judges cannot expunge convictions despite job threats: court
NEW YORK (Reuters) – Federal judges cannot expunge convictions from people’s criminal records even when it prevents those who have been rehabilitated from getting jobs, and Congress should consider granting the judiciary that power, a U.S. appeals cour…
Man who scaled Trump Tower in New York facing criminal charges
NEW YORK (Reuters) – The man who scaled Trump Tower in New York on Wednesday in a failed effort to meet the building’s famous namesake will instead have a different sort of appointment: an arraignment in criminal court.
U.S. House Democrats’ Pelosi: administration may shift funds for Zika
WASHINGTON (Reuters) – U.S. House Democratic Leader Nancy Pelosi said the Obama administration may announce as early as Thursday that it is shifting more money into fighting the Zika virus.
SL Green’s skyscraper to go ahead after $1.1 billion lawsuit dismissed
NEW YORK (Reuters) – Grand Central Terminal’s owner withdrew a $1.13 billion lawsuit that had accused New York City of effectively taking away his air rights by allowing developer SL Green Realty Corp to build a skyscraper next to the landmark train st…
U.S. to allow more marijuana research: sources
SEATTLE (Reuters) – The U.S. government will announce on Thursday that it will allow more research into marijuana but has rejected requests to relax the classification of the substance as a dangerous, highly addictive drug with no medical use, sources …
