China's central bank unexpectedly slashed interest rates on Friday to shore up the world's No. 2 economy, joining a growing list of major economies that are trying to bolster growth amid a global slowdown.
A former McDonald's worker acquitted of charges he placed shards of glass into a police officer's Big Mac nearly a decade ago has won a $437,000 settlement from the city after arguing the officer fabricated the story to win money by suing the fast food restaurant.
Major stock indexes moved higher in morning trading Friday as traders welcomed news of an interest rate cut in China and the possibility that Europe's central bank will increase its efforts to stimulate economic growth in the region. Investors also pored over a mixed bag of corporate earnings.
INDIANAPOLIS (AP) — An ex-convict has been charged in the killing of a 15-year-old girl after DNA tests linked him to her badly burned body that was found in an Indianapolis backyard in August, a prosecutor said Friday.