Bond insurer Syncora is stubborn city rival in Detroit’s bankruptcy
(Reuters) – Bond insurer Syncora Guarantee Inc has emerged as Detroit’s chief nemesis in the city’s historic bankruptcy case and is fighting as if its financial life depends on a decent recovery on its $400 million exposure to the city.
Minorities seen driving U.S. household growth: study
WASHINGTON (Reuters) – Minorities will account for more than one-third of U.S. households by 2025 and make up nearly half of first-time homebuyers, according to a study released on Thursday.
Arizona education official cries in apology over Web comments
(Reuters) – Arizona’s top education official broke down in tears on Wednesday as he apologized for his anonymous comments on Internet blogs that included comparing a birth control activist to Adolf Hitler and calling for an end to Spanish-language medi…
U.S. appeals court backs gay marriage in conservative Utah
DENVER (Reuters) – A U.S. appeals court ruled on Wednesday that conservative Utah may not ban gay couples from marrying, a decision that capped a day of victories for same-sex nuptials and nudges the issue closer to the U.S. Supreme Court.
Oregon pot advocates to submit signatures for November vote
PORTLAND Ore. (Reuters) – Advocates of legal recreational marijuana in Oregon plan to submit a ballot petition with more than 145,000 signatures on Thursday to force a vote in November on legalizing pot.
Fresno, Calif., fires may be work of arsonists, investigators say
(Reuters) – Fire investigators in the central California city of Fresno on Wednesday were scrutinizing evidence from two brushfires that erupted downtown this week to see if they are related to a string of blazes believed set by serial arsonists.
After a decade, Parmalat lawsuit versus Grant Thornton in U.S. is back
(Reuters) – A federal appeals court in Chicago said auditor Grant Thornton LLP must again face a lawsuit over its alleged role in the collapse of Italian dairy company Parmalat SpA, while lamenting that its decision puts the nearly 10-year-old case on …
Top official at U.S. Attorney’s Office in Manhattan to step down
(Reuters) – A top official in the U.S. Attorney’s Office in Manhattan who oversaw a number of high-profile insider trading cases is leaving his post after two and a half years, according to a spokesman for the office.
Drone firm says it did not peep on Seattle woman
(Reuters) – A drone that spooked a Seattle woman in her apartment and prompted a police probe of possible invasion of privacy was not trying to catch an illicit image but rather shooting a panoramic view for a developer, the company that operates it sa…
U.S. Supreme Court’s milestone ruling protects cellphone privacy
WASHINGTON (Reuters) – The U.S. Supreme Court on Wednesday ruled that police officers usually need a warrant before they can search the cellphone of an arrested suspect, a major decision in favor of privacy rights at a time of increasing concern over g…
