ricon2014

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White House Says There Are No Plans To Bail Out Puerto Rico

A day after S&P downgraded Puerto Rico's credit rating to junk status, the White House said it was not contemplating a bailout for the island.<p>Reuters reports:<p>"A White House spokeswoman declined to comment about the S&P move specifically but said the administration's position had not changed since …

New York regulator demands bank documents as investigation widens

New York state’s top financial regulator has demanded documents from more than a dozen banks including Barclays, Deutsche, Goldman Sachs and RBS as a probe widened into trading practices in the $5.3tn-a-day global foreign exchange markets.<p>Benjamin Lawsky, New York's financial services …

Currency trading scandals are the next big black eye for banks

These days, it doesn’t take much digging to find potentially scandalous behavior coursing through the world’s biggest banks. But the latest round of probes into currency trading are shaping up to be a real doozy.<p>Already more than 20 traders, which make money for their firms by betting on …

Study Reveals Silicon Valley Is Way Behind on Gender Equality

The reason? A shockingly low number of women serve on boards and executive management teams.<p>What do the boards of directors of TiVo, Pandora, CafePress, Intersil, Zynga, Shutterfly, Salesforce, Rovi, Coherent, Thoratec, and LinkedIn all have in common?<p>They all have just one woman director. And …

The Not So Sweet Facts About Sugar

A new study offers a broad overview of the use of sugar in the US diet and its consequent health implications. The good news is that the growth in sugar intake appears to have stopped and may even have slightly declined. The bad news is that people still consume way too much sugar and that that …

Trial Begins For Florida Man Accused of Shooting Teen Over Loud Music

The trial of a Florida man accused of shooting a black teenager begins today in a case that has drawn similarities to the George Zimmerman and …

FDA launches anti-smoking ads aimed at teens

FDA launches educational campaign to prevent at-risk kids from becoming life-long smokers.<p>WASHINGTON — The Food and Drug Administration is launching the government's largest effort yet to curb tobacco use among at-risk teens.<p>The $115 million media campaign stems from the FDA's new authority to …

Tech Companies Begin to Disclose FISA Requests

This article is from the archive of our partner .<p>After reaching a deal with the Justice Department over guidelines concerning public disclosure of …

Zuckerberg: U.S. made mistakes

Facebook founder Mark Zuckerberg said the government crossed the line between protecting its citizens and being honest with the recently revealed National Security Agency surveillance.<p>“I think that the government made a lot of mistakes in terms of not being clear about what they were using …

AFP drops $1.4M on Hagan ad buy

The conservative group Americans for Prosperity is launching an attack on Sen. Kay Hagan with a major ad buy tying the North Carolina Democrat to Obamacare.<p>The group is spending $1.4 million on the television ad buy with an additional budget for digital ads, radio and grassroots actions, the group …

Deficit Hits New Low Under Obama

Study: Record number of US convicts cleared in 2013

<b>The number of US convicts cleared of their alleged crimes reached a record high in 2013, a new study reports.</b><p>The National Registry of Exonerations said 87 people were cleared last year. It has recorded 1,281 exonerations in the US since 1989.<p>The previous annual high came in 2009, with 83, but the …

Northwestern University

Farm bill headed to Obama after Senate passage

WASHINGTON — After years of delays and contentious negotiations that threatened to derail the farm bill, Congress completed its work on a new five-year package Tuesday that now heads to the president.<p>The Senate voted 68-32 on a $500 billion farm bill that will end direct payments to farmers, expand …

Obama Administration Has Told Egypt To Release Al Jazeera Reporters

"We have strongly urged the government to drop these charges and release those journalists and academics who have been detained," White House spokesperson Jay Carney said Tuesday. He wouldn't say if aid would be in jeopardy if detention continues.<p>WASHINGTON — The Obama administration has told the …

FDA approves swallowable 'PillCam' after almost a decade (video)

It's been about <i>nine years</i> since we last heard from from Given Imaging, but the FDA has finally granted a version of the firm's minuscule snapshooter its blessing. Not everyone has an easy time undergoing traditional colonoscopy procedures (due to drug allergies, for example), which is where the …

Massive Recruiting Fraud May Have Cost the Army More Than $29 Million

This article is from the archive of our partner .<p>At least 1,200 U.S. Army recruiters and assistants allegedly participated in a scam that awarded …

Health News | Latest Medical, Nutrition, Fitness News - ABC News - ABC News

What is Parkinson's disease?<p>American Society of Plastic Surgeons issues new warning over butt lift surgery<p>Health alert issued for salads containing …

Research

Anti-NSA Crusader Outraises Susan Collins in Fourth Quarter of 2013

Is gov­ern­ment sur­veil­lance an is­sue to win on in the midterm elec­tions?<p>At least one up­start Demo­crat­ic chal­lenger in Maine vy­ing for …

Christie's pain is Walker's gain

As Chris Christie’s star falls, the party is giving a second look to another brash blue-state governor who stared down unions at home: Scott Walker.<p>Republican strategists say no one is in a better position to get a boost from the Christie Bridgegate scandal than Walker, who stepped into the …

Scientists sound warning after first death from new H10N8 bird flu reported

An elderly woman in China is the first person known to have died from a strain of bird flu called H10N8, according to a new report of the case.<p>The 73-year old woman, from Jiangxi Province in China, developed a fever, cough and chest tightness in late November last year, and was admitted to the …

The Quietly Important Keystone Pipeline Date

Here’s a date to watch in the battle over the Key­stone XL pipeline: Feb. 19. That’s when Mex­ic­an Pres­id­ent En­rique Pena Ni­eto will host a …

Trace Amounts of Chemical Remain in West Virginia Water Supply as Jury Probes Case

This article is from the archive of our partner .<p>West Virginia's tap water still contains traces of the chemical 4-methylcyclohexane methanol (MCHM) …

Drought leaves dark cloud over California ranchers, growers

CLOVIS, CALIF. — Beneath unyielding blue skies on a recent afternoon, Ryan Indart knelt down to examine what was left of one of his sheep pastures.<p>Land that should have been lush with native grasses this time of year has been reduced to powdery dirt, splotched with a few withered strands of filaree …

Concerns rise as hotel chains disclose data breach

SEATTLE -- The disclosure of consumer data breaches at certain Marriott, Holiday Inn, Sheraton and other major hotels managed by White Lodging Hotels comes as Congress is getting briefed about how cybercriminals are taking advantage of flaws in systems that collect and store sensitive data.<p>News: …

White House Creates 'Climate Hubs' To Help Rural Towns, Farmers

The White House on Wednesday rolled out a high-profile plan to help farmers and ranchers adjust to climate changes that have already begun to upend growing seasons and threaten livestock.<p>The "climate hub" initiative was praised by environmentalists, though they were quick to warn President Obama …

Lawmaker Says Snowden Leaks Will Cost Country 'Billions To Repair'

Following a classified briefing on Wednesday, the chairman and the vice chairman of the House Armed Services Committee said the "majority" of the classified information taken by former NSA contractor Edward Snowden had "nothing to do with the NSA," or its collection of bulk data.<p>"Instead [his …

Small Cuts To Food Stamps Add Up To Big Pains For Many Recipients

In a rare display of bipartisanship, the House of Representatives Wednesday approved a massive five-year farm bill that costs nearly half a trillion dollars.<p>The bill includes some reductions to food stamps, known as the Supplemental Nutritional Assistance Program, to the tune of nearly $1 billion a …