HONOLULU (AP) — As the sun rises over the Pacific Ocean, Waimanalo Bay's powdery white coral sand glows in the morning light. A few people lounge in the sand as a fisherman casts his line into the turquoise water.
The U.S. Securities and Exchange Commission on Thursday announced fraud charges against an Atlanta-based investment advisory firm and two of its executives for their handling of the city's pension funds for police, firefighters, transit workers and other employees. An SEC statement said Gray Financial Group Inc steered public pension fund clients into an investment fund that did not comply with state law and collected more than $1.7 million as a result. The group, its founder and president, Laurence Gray, and co-Chief Executive Officer Robert Hubbard IV breached their responsibilities to act in the best interest of the pension funds by recommending investments in an alternative fund called GrayCo Alternative Partners II LP.
NEW YORK (AP) — The national president of the Boy Scouts of America, Robert Gates, said Thursday that the organization's longstanding ban on participation by openly gay adults is no longer sustainable, and called for change in order to avert potentially destructive legal battles.
OAK BROOK, Ill. (AP) — In a May 20 story about a protest outside of McDonald's corporate headquarters near Chicago, The Associated Press erroneously reported that about 100 protesters were arrested. Nobody was arrested at Wednesday's demonstration, but more than 100 people were arrested at a protest there last year.
WASHINGTON (AP) — Safety drills, parent notification systems, and other safety measures in U.S. public schools grew in popularity in the years surrounding the massacre at Connecticut's Sandy Hook Elementary School.
GOLETA, Calif. (AP) — An oil slick stretched across 9 miles of coastal waters Thursday after a pipeline rupture spilled thousands of gallons of sticky, stinking crude just north of Santa Barbara. Crews are working around the clock to rake, skim and vacuum it up.
Authorities searched a Maryland home overnight in the investigation of a deadly mansion murder, going through the trash and removing bags of evidence -- but in the end it was a piece of pizza crust that could lead to the suspect's arrest.