Danziger Bridge Killings: Ex-Police Officers Plead Guilty In New Orleans Post-Katrina Deaths
Four former New Orleans police officers were sentenced to prison terms ranging from seven to 12 years, while a fifth was sentenced to three years.
Microsoft To Discontinue Xbox 360 Game Console
Sales of older-generation consoles, such as the Xbox 360 and Sony's PlayStation 3, have been declining as consumers shift to newer releases.
VW Will Offer To Buy Back Nearly 500,000 US Diesel Cars, Sources Say
The German automaker is expected to disclose its plan to a federal judge Thursday in San Francisco, sources told Reuters.
Verizon Set To Make Yahoo's Bidder Short List [Video]
Verizon Communications Inc was set on Tuesday to advance to the second stage of bidding for Yahoo Inc's core assets, as the U.S. internet company went through offers to put together a short list, people familiar with the matter said.
VW Scandal: German Automaker Offering $5,000 To Each US Customer To Settle Diesel Emissions Case
Under a settlement, the German automaker has agreed to pay $5,000 to U.S. car buyers affected by its emissions scandal.
In Riposte To Riyadh, Russia Says Ready To Ramp Up Oil Output
Venezuela predicted oil prices could crash in the next few weeks if producers failed to resume dialogue as the specter of oversupply loomed.
Strong Dollar Hits Coca-Cola’s Results [Video]
Sales dropped at Coca-Cola on weak demand for its soft drinks in Europe, and a strong dollar that hurt revenue in other global markets.
City Of London: Brexit Would Prompt Banker Exodus, Hit Currency Trading, UK Financial Center Warns
The City of London, the U.K.’s financial hub, warns that bankers could leave London and currency trading would be hit if Britain leaves the EU.
Donald Trump: As President, I’ll Replace US Federal Reserve Chief Janet Yellen
In an interview published late Tuesday, the presidential candidate also said he backed efforts to diminish the Fed’s power and allow congressional audits.
‘Queen Of Parts’: Mechanical Portrait Of Britain’s Elizabeth II Unveiled [Video]
Ahead of Queen Elizabeth II celebrating her 90th birthday, a 10-foot portrait of the monarch made from automotive parts is unveiled.
China Suspends G20 Anti-Corruption Task Force: Sources
The so-called "Business 20" Anti-Corruption Taskforce was scrapped in late January because Chinese companies declined to participate, a report said.
Communist Laos Appoints New President, Prime Minister
The picks are seen by many analysts as a continuation of the status quo in secretive Laos.
Asia Shares Touch 6-Month High, US Dollar On Defensive
Commodity prices rose early Wednesday, boosting the resource-dependent Australian dollar.
Police Reform Plan OK’d For Ferguson, Missouri
A judge Tuesday approved an accord between the U.S. Justice Department and the city prompted by a 2014 police killing of a black man.
Netflix Shares Plunge As Subscriber Forecasts Miss Estimates
The company said it expected to add about 500,000 customers in the U.S. in the second quarter, while Wall Street targeted 586,000.
Hopes Fade In Ecuador Of Finding Quake Survivors
The death toll neared 500 following Saturday's magnitude-7.8 temblor off the South American nation's Pacific coast.
France Bills McDonald’s $341M For Unpaid Taxes, Report Says
The chain's French profits are believed to have been funneled through Luxembourg and Switzerland, a business magazine reported Tuesday.
Apple Refused China Request For Source Code In Last Two Years, Lawyer Says
Bruce Sewell, the tech company's top lawyer, made the disclosure Tuesday during testimony on Capitol Hill.
NYPD Officer Peter Liang Avoids Prison In Fatal Shooting Of Black Man
A judge sentenced Officer Peter Liang to 800 hours of community service for killing an unarmed black man.
S&P 500 Nears Record As Quarterly Reports Roll In
After two months of gains, the Standard & Poor’s 500 is trading at about 17.8 times expected earnings, the highest level since 2004, data show.
UN Reviews War On Drugs Amid Global Push For Liberalization
But there are deep divisions at the U.N., with some favoring a shift toward decriminalization and a focus on reducing the harm caused by narcotics.
IBM Reports Worst Revenue In 14 Years, Shares Slide
Revenue fell 4.6 percent to $18.68 billion in the first quarter, but beat analysts’ average estimate of $18.29 billion.
Syrian Talks Appear Doomed As Airstrike Kills Dozens In Market
A Tuesday strike at a crowded market may have been the deadliest attack since a partial ceasefire took effect Feb. 27, a monitoring group said.
Prosecutors Turn Fire On New York Prison’s Culture Of Violence
The trial of nine correction officers for an alleged 2012 assault and cover-up is the latest legal action against Rikers Island employees.
Drop In US Housing Starts Adds To Signs Of Weak Economic Growth In First Quarter Of 2016
Tuesday’s report, which suggests some cooling in the housing market, continues the recent run of weak data that has cast a pall on the economy’s prospects.
IMF, World Bank, UN, OECD Form New Group To Stop Tax Erosion
The group, announced Tuesday, will focus on building effective tax systems in developing countries, the partners said.
Theranos: Blood-Testing Startup Under Investigation By Federal Prosecutors, SEC
“The company continues to work closely with regulators and is cooperating fully with all investigations,” a company spokeswoman said Monday.
Belgium Says Seen Signs That Islamic State Has Sent More Fighters To Europe
The European country has maintained its threat status at three, the second-highest level, which has been in place since two days after the March 22 terror attacks in Brussels.
Syrian Negotiator Says Assad’s Future Not Up For Discussion At Peace Talks
The comments were made by the Syrian negotiator at the peace talks in Geneva with the Syrian opposition forces, who suspended the talks Monday.
Chinese Man Sentenced To Death For Leaking State Secrets
A computer technician from Sichuan leaked more than 150,000 classified documents to an unidentified foreign power, Chinese media reported.