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NYPD: Gangs responsible for spike in shootings

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Street Stories

Updated:Thursday, May 28 2015 7:27 PM EDT2015-05-28 23:27:11 GMT

Inside what looks like an ordinary storefront …

New York

Soaked Texas Braces for More Storms: 'It Don't Look Good for Us'

Rising floodwaters continued to grip the state of Texas today, with drivers stranded and traffic stalled, as authorities raised the total number of …

Texas

Zimmerman Shooter Must Wear Monitor

A Florida man charged with shooting at George Zimmerman must wear a monitoring device while he is out on bail.

Judge Debra Nelson on Friday ordered …

Crime

Prosecutor: Judge Makes Errors in Acquitting Ohio Officer

While acknowledging he can't appeal an acquittal, an Ohio prosecutor says a judge made serious errors before finding a Cleveland police officer not …

Ohio

Additional Rounds of Storms for Texas Into the Weekend

Flood-ravaged Texas is in line for additional rounds of drenching showers and thunderstorms into Saturday night.

Texas

Flooding Rain Nearly Ends Drought in Plains

By Brian Lada, Meteorologist

May 29, 2015; 3:27 AM ET

Less than a year ago, the southern Plains was faced with an extreme drought with the worst …

Weather

This has been a month of extreme weather around the world

WASHINGTON (AP) — Even for a world getting used to wild weather, May seems stuck on strange.

Torrential downpours in Texas that have whiplashed the region from drought to flooding.

A heat wave that has killed more than 1,800 people in India. Record 91-degree readings in Alaska, of all places.

A pair …

Weather

Colorado theater shooter believed suicidal thoughts would go away if he killed others

CENTENNIAL, Colo., (Reuters) - Colorado theater gunman James Holmes told a court-appointed psychiatrist that he believed his suicidal thoughts would go away if he killed other people, jurors in his murder trial heard on Friday.

In a videotaped session with psychiatrist William Reid shown to the …

Colorado

China's explosive stock market looks more and more like a bubble — while international cash surges in

Foreign cash is streaming into China's stocks even as the market shows signs of extreme volatility — while analysts pile on to warn that Shanghai equities are in a bubble.

Here's the Financial Times on Friday morning, citing data from fund flow-watchers EPFR:

China equity funds took in $4.6bn from …

Asia

Inside Traffic Group, the little-known company entangled right at the heart of the FIFA corruption scandal

FIFA has been the subject of most headlines over the past couple of days surrounding corruption in the football world going back decades, but much of the indictment brought by the US Department of Justice (which you can read in full here courtesy of Bloomberg) refers to the misconduct of …

Corruption

Google is working on a mobile payments service that makes Apple Pay look feeble

Google is already working on a new mobile payments service.

The company announced in a session on Android Pay at Google's I/O conference on Thursday that it would start testing "hands free" payments, Ars Technica reported.

There are some situations in which even getting your phone out of your pocket …

Google

A defector says North Korea's hacker army is capable of 'destroying cities'

A North Korean defector who worked as a university professor in the country has said in an interview with the BBC that North Korea now has over 6,000 hackers.

Professor Kim Heung-Kwang taught science at a university in North Korea for 20 years. But he defected in 2004 and fled the country.

Speaking …

Asia

BYRON WIEN: The Fed basically put $3 trillion into the stock market

Stocks have catapulted through the recovery.

Among the things that have driven the expansion, a key factor has been the role of the Federal Reserve.

In market commentary Wednesday, Blackstone's Byron Wien pegs a number on this: $3 trillion.

Even though we've seen company earnings more than double …

Markets

Why doctors quit

About a decade ago, a doctor friend was lamenting the increasingly frustrating conditions of clinical practice. "How did you know to get out of medicine in 1978?" he asked with a smile.

"I didn't," I replied. "I had no idea what was coming. I just felt I'd chosen the wrong vocation."

I was reminded …

Medicine

Corporate profits tanked

The US economy shrank during the first three months of 2015.

According a new report from the Bureau of Economic Analysis, first-quarter gross domestic product fell by 0.7%.

That same report revealed that US corporate profits plunged 8.7% during the period.

"Corporate profits fell victim to three …

GDP

Samsung is reportedly developing a crazy phone with two screens that you might be able to fold in half

Samsung is reportedly developing a new phone that will have two screens, according to blog Sam Mobile, which has a solid track record for reporting leaked information about upcoming Samsung products.

The phone is being called Project Valley internally, or Project V, the report says.

Project V is in …

Phones

Here's the bright spot in that disappointing GDP report

The bright spot in that disappointing GDP revision? Gross domestic income.

Gross domestic income, or GDI, measures "the value of the production of goods and services in the United States as the costs incurred and the incomes earned in production," according to the BEA.

Basically, GDI is everything …

Economics

The latest Clinton cash intrigue involves a Czech model and a 'distasteful' $500,000 donation

A Friday report in The New York Times highlights another intriguing Clinton Foundation activity.

According to the report, former President Bill Clinton turned down repeated offers to speak at Czech model Petra Nemcova's annual charity event until she directly offered the Clinton family's foundation …

Fundraising

LONDON VS. NEW YORK CITY: Which is REALLY the best city in the world?

The debate over which is the better city — New York City or London — has been raging for a long time.

The cities are alike in that they're both densely populated cosmopolitan metropolises, but they also have their differences.

We rounded up the factors that are important for both inhabitants and …

New York

Apple cofounder Steve Wozniak explains the biggest difference between Steve Jobs and Bill Gates

While Hollywood has tried to get the story of the rivalry between Apple visionary Steve Jobs and Microsoft trailblazer Bill Gates right, Steve Wozniak had a front-row seat as it went down in real time.

Wozniak was the cofounder and technical genius behind Apple. In that role, he was the man who …

Bill Gates

Here are the real best things to do in Chicago, according to locals

It's easy to get caught up in tourist traps and miss out on local favorites when visiting a new city, especially in a big city like Chicago, where visitor options are seemingly endless.

So we asked some Chicagoans for their suggestions on the best the city has to offer.

From boats to beer tours to …

U.S. Travel

Here are the real best things to do in Chicago, according to locals

It's easy to get caught up in tourist traps and miss out on local favorites when visiting a new city, especially in a big city like Chicago, where visitor options are seemingly endless.

So we asked some Chicagoans for their suggestions on the best the city has to offer.

From boats to beer tours to …

U.S. Travel

This is the fundamental difference that makes Google more important than Apple

Google announced a bunch of new products yesterday at "Google I/O," and tech blogger Ben Thompson has written a long and interesting story about how Google and Apple are fundamentally different from each other. He argues that it is imperative that Google makes software for everyone on every device, …

Google

This $36 million Idaho ranch is the secluded getaway of your dreams

Thunder Ranch at Bottle Bay is a nature lover's dream home.

Sitting on over 48 acres of land, 7095 Bottle Bay Road in Sagle, Idaho promises scenic views and an escape from reality.

And for $36 million, the most expensive home on the Idaho real estate market can be all yours.

Idaho

The incredible world of billionaire weddings that even celebrities can't afford

Sarah Haywood is one of the most sought-after wedding planners for the richest people in the world.

She has organised weddings for Fortune 500 businessmen, princesses, and popstars, who spend millions of pounds on just one day. One client even spent around £4 million ($6.1 million) on their very …

Bespoke

A breakdown of what's been driving S&P 500 returns since 1900

Deutsche Bank

How Dwayne 'The Rock' Johnson went from WWE wrestler to Hollywood's box-office champ

After the global box-office success of "Furious 7," Dwayne "The Rock" Johnson returns to theaters this weekend in "San Andreas," another high-octane adrenaline rush which sees Johnson saving lives as a first responder at the expense of the largest earthquake of all time.

Though the film has been …

Hollywood

US oil rig count falls

The US oil rig count fell yet again this week.

Data from Baker Hughes showed that the number of oil rigs fell by 13 to 646, the lowest level since August 13, 2010.

The tally of combined oil and gas rigs fell by 10 to 875, the lowest since January 31, 2003.

Last week, the oil rig count fell by just …

Oil

The 25 business schools that offer the best education

A strong network, affordable tuition, and campus location are all important factors to consider when choosing a business school. But these aspects don't matter much if you're not getting a solid education.

Online grad school guide GraduatePrograms.com surveyed over 10,000 current and former business …

Education

Google is partnering with Levi's to create smart pants that can control your phone

Matt Weinberger/ Business Insider

What if you never had to pull out your phone to dismiss an incoming call? That's the type of future Google and Levi's are envisioning.

The two companies are partnering to create a pair of "smart" jeans that you can use to perform certain actions on your phone, Google …

Google