Landmark Phelan building sold in San Francisco for $375 million
NEW YORK (Reuters) – New York-based developer Thor Equities has sold the historic Phelan building in San Francisco for $375 million to a member of the prominent Hotung family with deep roots in Hong Kong, sources said.
Guard at New York City’s Rikers jail complex charged with rape
NEW YORK (Reuters) – A correction officer at New York City’s Rikers Island jail complex has been indicted on rape and other charges for engaging in sexual acts with an inmate, prosecutors announced on Friday.
Man convicted in Connecticut home invasion murders tried suicide
(Reuters) – A man convicted for a triple murder during a 2007 Connecticut home invasion has attempted suicide in prison, a state Corrections Department spokeswoman said on Friday.
Uber wins halt to N.Y. price-fixing lawsuit during appeal
NEW YORK (Reuters) – A federal judge on Friday granted a request by Uber Technologies Inc and its chief executive officer to put a passenger’s price-fixing lawsuit against them on hold, while they appeal his refusal to let them arbitrate the dispute.
Illinois pension fund lowers investment rate, hikes state payment
CHICAGO (Reuters) – Illinois faces an estimated $420 million increase in fiscal 2017 pension contributions after the state’s biggest public retirement system on Friday lowered its assumed investment rate of return to 7 percent from 7.5 percent.
Redstone granddaughter agrees to case dismissal, helps broader deal
CANTON, Mass. (Reuters) – The granddaughter of Viacom Inc’s controlling shareholder Sumner Redstone has agreed to let a Massachusetts court dismiss claims brought by former company leaders, a step that will help end a battle over the fate of the media …
U.S. considering speed-limit device rule for trucks, buses
WASHINGTON (Reuters) – Trucks and buses in the United States may have to be equipped with devices to limit their speed under a proposed rule issued on Friday by the U.S. Transportation Department which said the move could save both lives and fuel.
Judge in Redstone hearing urges attorneys to reach agreements
CANTON, Mass. (Reuters) – A Massachusetts judge on Friday told attorneys to see if they could agree to resolve at least parts of a lingering family dispute over the fate of the empire built by Sumner Redstone, the controlling shareholder of Viacom Inc …
Judge keeps in place California law allowing physician-assisted suicide
RIVERSIDE, Calif. (Reuters) – A California judge on Friday refused to suspend a new state law allowing physician-assisted suicide for terminally ill patients, citing the need to protect them from pain, but he allowed a legal challenge to proceed.
Devastating bird flu strain found in U.S. wild duck – USDA
CHICAGO (Reuters) – The type of avian flu that led to the deaths of about 50 million U.S. chickens and turkeys last year has been found in the country for the first time in 14 months, the U.S. Department of Agriculture said on Friday.
