U.S. News

  • Special Report: Why Obama and other gun control advocates own stock in firearms makers

    By Tim McLaughlin and Peter Eisler WASHINGTON (Reuters) - Barack Obama might seem an unlikely investor in the firearms industry. Although Obama’s stake is minuscule, worth no more than $30, it reflects a much larger surge of investment. The president is among millions of Americans buying into…

    Reuters19 mins ago
  • Trading algorithm shows how mass shootings, politics boost gun shares

    With the benefit of hindsight, the Boston-based hedge fund Quantopian examined how a theoretical investor would have fared by investing equal amounts in Smith & Wesson Holding Corp and Sturm Ruger & Co after 20 events that impacted the companies’ sales or stock prices.

    Reuters19 mins ago
  • Convicted al Qaeda supporter, U.S. face off in medical malpractice trial

    A New York man serving a 15-year prison sentence for providing support to al Qaeda is urging a federal judge to award him $7 million because of a medical condition he says went untreated while in U.S. custody. Lawyers for Wesam El-Hanafi, 40, and the U.S. government made their closing arguments on…

    Reuters54 mins ago
  • Huge construction crane collapses in Manhattan, one killed

    At the time, workers were lowering the crane to secure it as winds approached 25 miles per hour, New York City Mayor Bill de Blasio said at a news conference. An investigation was underway and the crane operator was being interviewed, de Blasio said. Manhattan resident David Wichs, 38, was killed…

    Reuters56 mins ago
  • New York crane collapse revives worksite safety issues

    By Laila Kearney and Joseph Ax NEW YORK (Reuters) - The deadly collapse of a construction crane in lower Manhattan on Friday highlights New York's failure to adequately address a safety "crisis" at hundreds of worksites across the city, an official watchdog said. The sharp criticism of the New…

    Reuters56 mins ago
  • California doctor gets 30 years to life in landmark overdose case

    A Southern California doctor was sentenced to 30 years to life in prison on Friday for over-prescribing drugs that caused the fatal overdose of three patients in a murder case capped by the first conviction of its kind in the United States. The case against Dr. Hsiu Ying "Lisa" Tseng, 46, comes…

    Reuters
  • Six dead in Chicago home were from one family

    The six people found dead on Thursday in a south-side Chicago home were a Mexican couple, their son and daughter and her two young sons, police and other sources said on Friday. Chicago had more than 480 murders in 2015, up from 407 a year earlier, and there were 51 murders in January, the highest…

    Reuters
  • Florida 'Facebook killer' gets life in prison for wife's murder

    A Florida man convicted of second-degree murder after killing his wife and posting a photo of her blood-spattered body on Facebook was sentenced to life in prison on Friday. "You foretold your future," said Florida circuit court Judge Yvonne Colodny before handing down the sentence. A jury late…

    Reuters
  • Texas 'affluenza' teen transferred to adult jail, held without bail

    The Texas teenager who was derided for an "affluenza" defense for killing four people while driving drunk was transferred to an adult jail on Friday from the juvenile center where he has been held since he was deported from Mexico in late January. Ethan Couch, 18, was in custody in a single cell,…

    Reuters
  • U.S. traffic deaths increase 9 percent in 2015

    Traffic deaths in the United States rose about 9 percent in the first nine months of 2015 compared to same period a year earlier, the U.S. Transportation Department said on Friday, as low gasoline prices increased road travel. The department's National Highway Traffic Safety Administration did not…

    Reuters
  • New Jersey extends contract for Atlantic City fiscal work

    Atlantic City, New Jersey's cash-strapped gambling hub, may no longer have a state-appointed emergency manager, but some big costs for outside professionals working to resolve its fiscal crisis will continue. The state extended its contract with Ernst & Young LLP [ERNY.UL] for another year,…

    Reuters
  • Maryland prosecutors appeal to force testimony in Freddie Gray case

    The Court of Special Appeals document filed on Thursday says prosecutors are appealing Baltimore City Circuit Court Judge Barry Williams' Jan. 20 ruling that blocked them from calling Officer William Porter to testify against Edward Nero and two other officers. The four are among a half-dozen…

    Reuters
  • Michigan governor: solve Flint water crisis instead of laying blame

    Michigan Governor Rick Snyder said on Friday he wants officials to focus on solving problems around lead-contaminated drinking water in the city of Flint instead of laying blame as he said some have been doing. "There are a number of folk out there that are spending their time mainly on the…

    Reuters
  • San Antonio police probe fatal shooting of unarmed black man by officer

    San Antonio's police chief on Friday pledged a thorough investigation of the fatal shooting of an unarmed black man by an officer a day earlier. Antronie Scott, 36, wanted on warrants for being a felon in possession in a firearm, was spotted on Thursday night by undercover detectives and pulled…

    Reuters
  • Chicago seeks $3.1 million settlement over police hiring discrimination

    The city of Chicago on Friday proposed a $3.1 million settlement to resolve a lawsuit by the U.S. government alleging the city discriminated against foreign-born police officer candidates by imposing a 10-year residency requirement. The city council's finance committee will review the proposed…

    Reuters
  • Ohio deputy fatally shoots man after apparent stabbing incident

    Thomas Hirko, 54, was shot twice and later died at an area hospital, after three officers responded late Thursday to the call about the stabbing at a Perry Township residence, about 35 miles east of Cleveland, the Lake County Sheriff's Office said. One of the officers fired four times at Hirko…

    Reuters
  • Exclusive: Obama to propose $2.5 billion tax credit for community college investment

    WASHINGTON (Reuters) - President Barack Obama will propose a $2.5 billion tax credit over five years for businesses that invest in programs at local community colleges and hire their graduates, administration officials said on Friday.

    Reuters
  • Man wanted in 'Bonnie and Clyde' crime spree killed in Florida

    Blake Edward Fitzgerald, 30, and his girlfriend, Brittany Nicole Harper, 30, dubbed a "modern-day Bonnie and Clyde" by the U.S. Marshals Service, were wanted for crimes committed during the past week in Alabama, Georgia and Florida. Deputies in the Florida Panhandle began pursuing the couple…

    Reuters
  • Bayer rejects EPA request to pull insecticide from U.S. market

    The agricultural unit of German chemicals company Bayer AG said on Friday it will fight a U.S. Environmental Protection Agency (EPA) request to pull one of its insecticides from the marketplace amid concerns that it could harm organisms in streams and ponds. Bayer CropScience will instead ask for…

    Reuters
  • Two New York police officers recovering after stairwell shooting

    Two New York City police officers were recovering from gunshot wounds on Friday after a man opened fire on them inside a public housing project before fatally shooting himself, police said. The shooting occurred at about 8 p.m. EST on Thursday in an apartment building in the Bronx while three…

    Reuters