U.S. economist Ross wins Deutsche prize for pricing models
FRANKFURT (Reuters) – U.S. economist Stephen Ross was named winner of the Deutsche Bank Prize in Financial Economics on Tuesday for helping to create models that have helped markets assess prices for options and other assets for the past three decades….
Wisconsin representatives take up right-to-work bill
MADISON, Wis. (Reuters) – Wisconsin lawmakers on Monday made a final push toward adopting a measure supported by Republican Governor Scott Walker to bar private-sector workers from being required to join a union or pay dues when working under union-neg…
Italian ski tourist killed by falling glacier ice in Alaska
JUNEAU (Reuters) – A 28-year-old Italian man on a back-country skiing vacation in the mountains of Alaska died after being crushed by falling glacier ice, officials said on Monday.
Rap mogul ‘Suge’ Knight taken to jail medical facility again
LOS ANGELES (Reuters) – Rap mogul Marion “Suge” Knight told a judge in Los Angeles on Monday that he had fired his attorneys and could not understand court proceedings against him, the Los Angeles Times reported, before he was taken to a jail medical facility.The 49-year-old co-founder of influential label Death Row Records, who has pleaded not guilty to murder charges stemming from a fatal hit-and-run, was still in the infirmary late in the afternoon, said a sheriff’s official.Knight’s attorney
Video shows fatal Los Angeles police shooting of homeless man
LOS ANGELES (Reuters) – Los Angeles police shot and killed a homeless man who grabbed at an officer’s gun during a videotaped scuffle, authorities said on Monday, in an incident highlighting the often volatile interactions between law enforcement and m…
U.S. air safety threatened by possible hacking: senators
WASHINGTON (Reuters) – Major security vulnerabilities in the Federal Aviation Administration’s information systems are putting air traffic control programs, along with plane passengers, at risk, two U.S. senators said in a letter to the transportation …
Witnesses describe shootings at Jewish centers in Kansas
OLATHE, Kan (Reuters) – A white supremacist charged with three killings outside two Jewish centers in a Kansas City suburb last April turned his gun on at least three other people as his shooting spree unfolded, witnesses testified in a hearing on Mond…
Lockheed sees shift in focus on infrastructure cyber security
WASHINGTON (Reuters) – Lockheed Martin Corp, the Pentagon’s No. 1 supplier, said it has seen a “sea change” in demand for cyber security services in critical infrastructure areas such as energy, oil and gas, and financial institutions over the past 18 …
Somali-American on FBI watch list detained in Somalia: source
WASHINGTON (Reuters) – A former Washington-area taxi driver who was on the FBI’s “Most Wanted Terrorists” list has been detained and is in the custody of the Somali government, a U.S. government source said on Monday.
Cleveland mayor apologizes for city response to Tamir Rice lawsuit
(Reuters) – Cleveland Mayor Frank Jackson apologized on Monday to the family of a 12-year-old boy who city lawyers blamed in part for his own fatal shooting by police responding to a report of an armed person in a park last November.
