Texas businessman Wyly strikes $198 million deal with SEC
NEW YORK (Reuters) – Texas businessman Sam Wyly has agreed to pay $198.1 million to resolve claims by U.S. securities regulators that he engaged in a long-running securities fraud to hide trades in companies he controlled using offshore trusts, accordi…
S&P cuts Illinois’ credit rating on state’s ‘weak’ management
CHICAGO (Reuters) – S&P Global Ratings dropped Illinois’ credit rating one notch to BBB on Friday and warned it could fall further absent a long-term solution that deals with the state’s chronic structural budget deficit and pension woes.
California proposes giving more freedom to test self-driving cars
SAN FRANCISCO (Reuters) – California will allow companies more leeway in testing self-driving cars on public roads while restricting how the nascent technology is advertised under revised draft regulations released on Friday.
New Jersey train crash turns spotlight on Christie, funding crisis
NEW YORK (Reuters) – A deadly New Jersey Transit train crash this week has renewed questions about Republican Governor Chris Christie’s hard-nosed approach to a public transit funding crisis, even as he announced a compromise on Friday to pay for long-…
Investigators dig for clues into fatal New Jersey train crash
NEW YORK (Reuters) – Investigators spoke with what they called “cooperative” crew members and sent a black box recorder to the manufacturer for downloading on Friday in the search for clues as to why a New Jersey commuter train failed to stop on Thursd…
Black man dies in struggle with California police after calling for help: media
(Reuters) – A black man who died after a physical struggle with police in a southern California home made an emergency call to Pasadena police because he needed help and suffered from bipolar disorder, his partner told a Los Angeles TV station on Frida…
California toughens rape laws after Stanford case uproar
LOS ANGELES (Reuters) – California Governor Jerry Brown on Friday signed legislation to broaden the state’s legal definition of rape and mandate prison if the victim was unconscious, following a furor over a Stanford University sexual assault case.
Teen suspect in South Carolina school shooting charged with murder
CHARLESTON, S.C. (Reuters) – A South Carolina teenager suspected of killing his father and wounding two boys and a teacher at an elementary school was charged on Friday with one count of murder and three counts of attempted murder, the office of the lo…
Student no longer at Tennessee school after disrupting Black Lives Matter protest
(Reuters) – A student is no longer enrolled at a Tennessee university after attending a Black Lives Matter protest on campus wearing a gorilla mask and handing out bananas, a university official said on Friday.
Boston Marathon bombing makes way to TV and movie screens
(Reuters) – More than three years after the Boston Marathon bombing, the story of the 2013 deadly attack on the race and its aftermath is making its way to both the big and small screens.
