A man charged in the shooting of two police officers during a demonstration in Ferguson told investigators he was not targeting law enforcement and had been aiming for someone with whom he was in dispute.
Auction house Sotheby's appointed Madison Square Garden Co Chief Executive Tad Smith its CEO, a surprise development that could delay the plans of the owner of the New York Knicks to spin off its live entertainment business. Sotheby's said on Monday that Smith, who has led Madison Square Garden for just a year, would replace William Ruprecht on March 31. Madison Square Garden's shares fell 1.4 pct in morning trading, while Sotheby's shares rose 1 percent.
By Erwin Seba HOUSTON (Reuters) - A tentative national agreement to end a six-week strike at twelve U.S. refineries has struggled to win ratification at eight plants as workers and companies struggle to settle local issues, according to union officials. The deal reached on Thursday by the United Steelworkers (USW) and lead industry negotiator Royal Dutch Shell Plc to end the biggest walkout of its kind in 35 years is showing signs of quick passage at just four plants. The four sites where the deal is finding support and progress is being made on local issues are at facilities owned or co-owned by Shell. Workers at these plants, which include three Motiva Enterprises refineries, have scheduled or are expected to hold votes this week to ratify the agreement.
(Reuters) - General Motors Co has received 4,342 claims for compensation related to ignition switch defects in its cars, according to the lawyer overseeing the compensation program. GM has so far determined that 67 deaths, 11 severe injuries and 102 other injuries are eligible for payment, said the report. The report said 820 claims had been deemed ineligible, while 1,492 were under review. Applications for 1,066 claims lacked sufficient paperwork or evidence and 784 had no documentation at all, it said.