JACKSONVILLE, Fla. (AP) — A second round of investigative hearings into the sinking of the freighter El Faro starts Monday and will seek new information about the vessel's stability and whether there were mistakes in weather forecasting or cargo loading before the ship's final voyage.
THE HAGUE, Netherlands (AP) — Dutch electronics giant Royal Philips NV has set the price for the initial public offering of its lighting division, saying it will sell 25 percent of shares at a price between 18.50 and 22.50 euros ($20.96-25.50).
BATH, Maine (AP) — In a headline on a story May 15 about the Navy being preparing to take delivery of Zumwalt, The Associated Press erroneously characterized the ship. It's the Navy's largest destroyer, not its largest warship.
The federal corruption trial of U.S. Representative Chaka Fattah of Pennsylvania is to begin on Monday with opening statements, three weeks after he lost the Democratic primary election for his seat in the Philadelphia area. Fattah, 59, is accused of misusing hundreds of thousands of dollars in campaign, charity and federal grant money while engaging in a series of fraudulent schemes over several years. In 2007, prosecutors say, Fattah accepted a secret $1 million loan from a wealthy benefactor for a mayoral campaign that would prove unsuccessful, then misappropriated charitable and taxpayer funds to pay it back.