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Yahoo! National News

Like stocks, junk bonds show investor jitters

Yahoo! National News - Tue, 08/12/2014 - 23:55

FILE - In this June 18, 2014 file photo, a television monitor at a trading post on the floor of the New York Stock Exchange shows the decision of the Federal Reserve. Like with other higher-risk investments, investors have pulled back from junk, or high yield, bonds because they worry about the end of the Federal Reserve’s policy near-zero interest rates. Investors expect the central bank to raise rates sometime next year, and that means the value of bonds currently held in portfolios will fall. (AP Photo/Richard Drew, File)NEW YORK (AP) — The stock market isn't the only place that's been signaling jitters among investors. The $2.3 trillion market for risky U.S. corporate debt has also been under pressure.


Court upholds former congressional staffer's conviction

Yahoo! National News - Tue, 08/12/2014 - 23:46
By Lawrence Hurley WASHINGTON (Reuters) - A U.S. appeals court on Tuesday upheld the conviction of a former House of Representatives staff member for receiving gifts from disgraced lobbyist Jack Abramoff's firm including baseball World Series tickets and a visit to a strip club. The U.S. Court of Appeals for the District of Columbia Circuit rejected the claims raised on appeal by Fraser Verrusio, who was convicted in 2011 of conspiring and accepting an illegal gratuity and making false statements. The case focused on a trip to the first game of the 2003 World Series in New York, including a post-game stop at a strip club called Privilege, which Abramoff's firm, Greenberg Traurig, and a client paid for. Verrusio was policy director on the House Committee on Transportation and Infrastructure under then-chairman Don Young of Alaska, a Republican.

Juror replaced in former Virginia governor's trial

Yahoo! National News - Tue, 08/12/2014 - 23:46
RICHMOND, Va. (AP) — One of the jurors in the public corruption trial of former Virginia Gov. Bob McDonnell and his wife, Maureen, has been replaced.

Hernandez cousin pleads guilty to contempt charge

Yahoo! National News - Tue, 08/12/2014 - 23:44

Tanya Singleton sits on the witness stand as her lawyer E. Peter Parker speaks during a hearing in Fall River Superior Court in Fall River, Mass., Tuesday, Aug. 12, 2014. Singleton, a cousin of former New England Patriots football player Aaron Hernandez, pled guilty to criminal contempt in connection with the investigation of murder charges against Hernandez. (AP Photo/Michael Dwyer, Pool)FALL RIVER, Mass. (AP) — A cousin of ex-New England Patriots player Aaron Hernandez was spared jail time only because of her advanced cancer, a judge said Tuesday in sentencing her to two years of probation.


#Barmageddon: Law students sue when software fails

Yahoo! National News - Tue, 08/12/2014 - 23:41

This image provided by Mike Booher shows Catherine Booher, who graduated from Wake Forest University School of Law in Winston-Salem, N.C., in May 2014, and began preparing for her bar exam, but was troubled to find she could not upload the answers in late July. Booher and several other students have sued in California, Washington state and Illinois, seeking compensation for their pain and suffering. Some students still do not know whether their answers on the July test were transmitted by the software company ExamSoft Worldwide Inc. (AP Photo/Courtesy Mike Booher)PORTLAND, Ore. (AP) — Law students taking the bar exam have it tough: Three years hitting the books. Hundreds of thousands of dollars in tuition. And all of it, potentially wasted with a few failed attempts at the dreaded state-administered test.


Man gets life in prison in post office killings

Yahoo! National News - Tue, 08/12/2014 - 23:26
MEMPHIS, Tenn. (AP) — A former corrections officer has been sentenced to life in prison for the fatal shootings of two rural Tennessee postal workers.

NYC official calls for police body cameras

Yahoo! National News - Tue, 08/12/2014 - 23:19

A NYPD officer stands guard while Palestinians take part in a protest in New YorkA New York City official is calling for body cameras on police officers as a check on misconduct, citing last month's death of a man who was put in a police chokehold. Public Advocate Letitia James on ...


U.S. missionaries may still return to Liberia, son says

Yahoo! National News - Tue, 08/12/2014 - 23:19

An ambulance carrying American missionary Writebol, who is infected with Ebola in West Africa, arrives at Emory University Hospital in AtlantaA U.S. missionary being treated for Ebola and her quarantined husband could still return to Liberia after her recovery and his temporary isolation, their son said. In an interview on NBC's "Today" show on Tuesday, Jeremy Writebol said his parents, David and Nancy, still feel called to serve and could return to their Christian mission work in West Africa. The Charlotte, North Carolina-based couple were in Liberia along with other Christian missionaries helping to care for patients at a SIM USA hospital on Monrovia amid the worst outbreak of the Ebola virus on record. Nancy Writebol returned last week and is being treated for Ebola in isolation at Emory University's hospital in Atlanta.


Texas energy company says worker slaying isolated

Yahoo! National News - Tue, 08/12/2014 - 23:14
HOUSTON (AP) — Texas-based energy company Apache Corp. says it believes the carjack-slaying of one of its supervisors in the western Egyptian desert was an isolated incident.

Deaths of 3 in Md. car ruled accidental heatstroke

Yahoo! National News - Tue, 08/12/2014 - 23:04
HAGERSTOWN, Md. (AP) — A woman and her two young daughters found dead in her stifling car in a middle school parking lot died from accidental heatstroke, the Maryland medical examiner's office said Tuesday.

US drone attacks Iraq militant mortar position

Yahoo! National News - Tue, 08/12/2014 - 22:45
WASHINGTON (AP) — U.S. military officials say an armed American drone has attacked and destroyed a mortar position of Islamic militants in northern Iraq.

Atlantic City's Revel Casino to close in September

Yahoo! National News - Tue, 08/12/2014 - 22:10

Atlantic City's Revel Casino to close in SeptemberAtlantic City's Revel Casino Hotel says it will shut down in September after failing to find a buyer in bankruptcy court.


Minnesota, Wisconsin gubernatorial races to sharpen after primary

Yahoo! National News - Tue, 08/12/2014 - 22:07

Governors speak after their meeting with Obama at the White House in WashingtonBy David Bailey MINNEAPOLIS (Reuters) - Republican voters in Minnesota on Tuesday will select one of five candidates to challenge Democratic Governor Mark Dayton in what one analyst called the "anything can happen" primary. Also on Tuesday, Wisconsin Democrats are expected to chose Mary Burke in the primary to face Republican Governor Scott Walker in November. The victor in the Minnesota primary, being contested by current and former state lawmakers and businessmen, will face an incumbent governor with more campaign money than any of them and a lead in polls. "No one really has a good idea who is going to win and how that will come about," said Steven Schier, a professor of political science at Carleton College in Northfield, Minnesota.


NYC official calls for police body cameras

Yahoo! National News - Tue, 08/12/2014 - 21:54
NEW YORK (AP) — A New York City official is calling for body cameras on police officers as a check on misconduct, citing last month's death of a man who was put in a police chokehold.

Hernandez cousin pleads guilty to contempt charge

Yahoo! National News - Tue, 08/12/2014 - 21:46

FILE - In this July 22, 2014, file photo, former New England Patriots' Aaron Hernandez watches during a hearing in Bristol County Superior Court in Fall River, Mass. Hernandez is charged with killing Odin Lloyd of Boston, whose body was found in an industrial park near Hernandez’s home in North Attleborough in June 2013. During a hearing Monday, Aug. 11, 2014, Judge E. Susan Garsh took under advisement a motion by his defense to suppress evidence from some electronic devices seized from the former NFL football player's home during the investigation. (AP Photo/CJ Gunther, Pool, File)FALL RIVER, Mass. (AP) — A cousin of ex-New England Patriots star Aaron Hernandez has pleaded guilty to a criminal contempt charge.


US to provide South Sudan with $180M in food aid

Yahoo! National News - Tue, 08/12/2014 - 21:46
EDGARTOWN, Mass. (AP) — The United States is providing $180 million in emergency aid to address a food crisis in South Sudan.

Mother charged after son sets himself on fire for Facebook video

Yahoo! National News - Tue, 08/12/2014 - 21:42

FacebookWINSTON-SALEM N.C. (Reuters) - A North Carolina woman is accused of helping record her teenage son set himself on fire after he doused his body with fingernail polish as part of a social media stunt, police said. Janie Lachelle Talley, 41, watched as her 16-year-old son attempted to complete a "fire challenge" video for Facebook on July 29, the Charlotte-Mecklenburg Police Department said on Monday. The video showed others put out the fire. The "fire challenge" has been spreading on social media with people pouring flammable liquid on themselves, lighting it, trying to quickly extinguish the fire and then posting a video online.


A look at Lake Mead's water levels, impact

Yahoo! National News - Tue, 08/12/2014 - 21:33

In this July 18, 2014 photo, the bathtub ring of light minerals that delineates the high water mark on Lake Mead is seen at Hemenway Harbor in the Lake Mead National Recreation Area in Nevada. A 14-year drought has caused the water level in the reservoir to shrink to its lowest point since it was first filled in the 1930s. (AP Photo/John Locher)LAS VEGAS (AP) — Lake Mead is one of the main reservoirs in the vast Colorado River water system, and its receding shoreline is raising concerns about the future of a network serving the perennially parched Southwest.


Williams a comic force, versatile actor

Yahoo! National News - Tue, 08/12/2014 - 21:18

FILE - This Nov. 8, 2012 file photo shows Robin Williams performing at the 6th Annual Stand Up For Heroes benefit concert for injured service members and veterans in New York. Williams, whose free-form comedy and adept impressions dazzled audiences for decades, has died in an apparent suicide. He was 63. The Marin County Sheriff’s Office said Williams was pronounced dead at his home in California on Monday, Aug. 11, 2014. The sheriff’s office said a preliminary investigation showed the cause of death to be a suicide due to asphyxia. (Photo by Charles Sykes/Invision/AP, FIle)NEW YORK (AP) — The question from a fan in a Sirius XM interview last year was innocent — what do you think you'd be doing if you didn't become a comedian? — and within seconds Robin Williams was impersonating physicist Stephen Hawking getting a lap dance at a strip club.


After 23 million rides, no deaths in U.S. bike share programs

Yahoo! National News - Tue, 08/12/2014 - 21:09

The growth of city cyclingBy Barbara Goldberg NEW YORK (Reuters) - Yanking a bicycle from the docking station outside New York's Grand Central Terminal, a helmetless rider slung a golf bag full of clubs over his shoulder and, along with another rider wearing headphones but no helmet, merged into rush hour traffic. Against all odds - including novice riders, refusal to wear bike helmets and the daily crush of weaving, horn-blaring traffic - not a single rider in New York City's bike share program has been killed since it launched in May 2013, a Citi Bike representative said. ...