Businessman in New York corruption probe linked to hedge fund investment
NEW YORK (Reuters) – A businessman at the center of a federal corruption probe involving New York police officers and Mayor Bill de Blasio’s fundraising helped arrange an investment by the correction officers’ union in a hedge fund, a person familiar w…
‘Let them sell their summer homes’: NYC pension dumps hedge funds
NEW YORK (Reuters) – New York City’s largest public pension is exiting all hedge fund investments in the latest sign that the $4 trillion public pension sector is losing patience with these often secretive portfolios at a time of poor performance and h…
American company lost $100 million to email fraud, U.S. says
NEW YORK (Reuters) – An unidentified American company was defrauded last year out of nearly $100 million by individuals who created fake email accounts in order to pose as one of its legitimate vendors, U.S. authorities said on Thursday.
New York suburb, officials charged in landmark bond fraud case
NEW YORK (Reuters) – An elected official of a New York City suburb was charged on Thursday with defrauding investors who helped finance a controversial minor league baseball stadium, in what authorities called the first criminal securities fraud prosec…
Idaho State University faces concerns over Islamaphobia
SALMON, Idaho (Reuters) – Idaho State University’s president said on Thursday he had been in talks with Saudi and Kuwaiti education officials seeking to allay concerns about students from those countries facing anti-Muslim harassment in the college tow…
Escaped Texas inmate found hiding in apartment dishwasher
AUSTIN, Texas (Reuters) – A Texas county jail inmate who escaped custody while receiving treatment in a hospital was found in the dishwasher of his girlfriend’s apartment in boxer shorts and wearing handcuffs with the chain severed, a sheriff’s departm…
Houston deputy constable shot in ambush, expected to recover
(Reuters) – A Houston deputy constable was shot at least four times in the chest and abdomen in an ambush attack while he was talking to a colleague through a patrol car window and is expected to recover fully, officials said on Thursday.
Judge denies request to depose media mogul Sumner Redstone
LOS ANGELES (Reuters) – A California judge has denied a request to depose Sumner Redstone made by a former girlfriend after lawyers for the 92-year-old media mogul said they do not plan to call him to testify at a trial over his mental competence.
N.Y. officer loses bid for new trial in shooting of unarmed black man
NEW YORK (Reuters) – A former New York City police officer on Thursday lost a bid to set aside his manslaughter conviction for killing an unarmed black man in a darkened public housing stairwell.
Lawsuit can proceed versus maker of gun used in Connecticut school shooting
(Reuters) – A lawsuit can proceed against the maker of the gun used in the 2012 shooting at Sandy Hook Elementary School that left 20 children and 6 adults dead, a Connecticut judge ruled on Thursday.
