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| Kidnapped Lebanese manager released in Nigeria Thursday, Jul 25, 2013 11:09 PM PDT ONITSHA, Nigeria (Reuters) - Kidnappers released a Lebanese construction company manager on Thursday, two weeks after he was abducted from the firm's premises by armed men in southern Nigeria, the military said. Gunmen fired on the premises of Nigerian-owned but Lebanese-run construction firm Setraco in Benin city on July 8, killing two soldiers, wounding a third and seizing the hostage. "(He) has been released today by his abductors," military spokeswoman Captain Roseline Managbe said. "We are not aware if any ransom was paid." The company was not immediately available for comment. ... Full Story | Top |
| Mississippi Supreme Court reverses DNA ruling in murder case Thursday, Jul 25, 2013 06:11 PM PDT  By Emily Lane JACKSON, Mississippi (Reuters) - The Mississippi Supreme Court has ruled that death row inmate Willie Jerome Manning can ask a lower court judge to allow DNA and fingerprint testing in a bid to overturn his conviction for murdering two college students. The ruling came more than two months after the same court stopped Manning's execution on May 7, hours before it was scheduled to take place. The order, dated Tuesday, also reverses an earlier decision in which the Supreme Court ruled 5-4 against Manning's request for DNA testing. ... Full Story | Top |
| Boat thought to be from Gold Rush era unearthed in San Francisco Thursday, Jul 25, 2013 05:29 PM PDT By Laily Kearney SAN FRANCISCO (Reuters) - Construction workers digging beneath the streets of downtown San Francisco have uncovered a nearly intact boat believed to be from the Gold Rush era in the mid-19th century, officials said on Thursday. The 23-foot (7-metre) wooden vessel was unearthed earlier this week as crews shoveled beneath the roadway of Folsom Street in the city's South of Market district to prepare for the development of residential towers. ... Full Story | Top |
| Halliburton pleads guilty to destroying Gulf spill evidence Thursday, Jul 25, 2013 05:23 PM PDT  By Jonathan Stempel and Braden Reddall (Reuters) - Halliburton Co has agreed to plead guilty to destroying evidence related to the 2010 Gulf of Mexico oil spill, the U.S. Department of Justice said on Thursday. The government said Halliburton's guilty plea is the third by a company over the spill and requires the world's second-largest oilfield services company to pay a maximum $200,000 statutory fine. Halliburton also agreed to three years of probation and to continue cooperating with the criminal probe into the April 20, 2010, explosion of the Deepwater Horizon drilling rig. ... Full Story | Top |
| U.S. charges SAC Capital with insider trading crimes Thursday, Jul 25, 2013 04:49 PM PDT  By Emily Flitter, Svea Herbst-Bayliss and Jonathan Stempel NEW YORK (Reuters) - U.S. prosecutors indicted billionaire Steven A. Cohen's hedge fund for insider trading, a rare move that could end the career of one of Wall Street's most successful investors and trigger a fundamental change in how traders try to gain an edge over rivals. The government accused SAC Capital Advisors LP of presiding over a culture where employees flouted the law and were encouraged to tap their personal networks of contacts for inside information about publicly traded companies. ... Full Story | Top |
| Criminal case against SAC is strong: lawyers Thursday, Jul 25, 2013 03:07 PM PDT By Michael Erman and Emily Flitter NEW YORK (Reuters) - The decision by federal prosecutors to bring criminal charges against hedge fund SAC Capital Advisors LP, rather than its billionaire owner, Steven A. Cohen, makes it more likely that the government will be able to secure a guilty verdict, lawyers say. Attorneys who are following the case said they believe prosecutors have met the standard for convicting a corporation under federal law. ... Full Story | Top |
| U.S. FDA puts hold on Vertex hepatitis study; shares fall Thursday, Jul 25, 2013 02:31 PM PDT By Bill Berkrot (Reuters) - Vertex Pharmaceuticals Inc said U.S. health regulators placed a partial clinical hold on its mid-stage study of an experimental oral hepatitis C treatment because of potential liver problems, sending its shares sharply lower on Thursday. Vertex said the U.S. Food and Drug Administration took the action on the Phase II study of its VX-135 in combination with the standard hepatitis drug ribavirin after elevated liver enzymes were observed in three patients taking the 400 milligram dose of its drug. As a result of the hold, the U.S. ... Full Story | Top |
| Police raid Quebec office of MMA Railway in disaster probe Thursday, Jul 25, 2013 02:26 PM PDT  (Reuters) - Police raided the Canadian offices of Montreal, Maine & Atlantic Railway on Thursday in their investigation into the train crash earlier this month that destroyed the center of the small town of Lac-Megantic, Quebec, and killed 47 people. Sergeant Benoit Richard of the provincial police, Sûréte du Québec, told reporters that about 15 people had raided the MMA building in Farnham, Quebec, about 65 kms (40 miles) east of Montreal, "to gather evidence to support criminal charges". Richard, who gave no further details, denied reports that police had made arrests. ... Full Story | Top |
| Enbridge to build $1.3 billion Canadian oil sands pipeline extension Thursday, Jul 25, 2013 02:14 PM PDT CALGARY, Alberta (Reuters) - Enbridge Inc, Canada's largest pipeline company, said on Thursday it will build a $1.3 billion extension to its Woodland crude line in northern Alberta to serve Imperial Oil's Kearl oil sands project. The 345-kilometer (214-mile) extension will have initial capacity of 400,000 barrels per day, with the ability to be expanded up to 800,000 bpd depending on crude viscosity. It will extend the Woodland Pipeline south from Enbridge's Cheecham terminal to its Edmonton terminal to connect with refineries and export pipelines in that area. ... Full Story | Top |
| Nasdaq likes Facebook's surge, but earnings curb Dow, S&P Thursday, Jul 25, 2013 02:12 PM PDT  By Alison Griswold NEW YORK (Reuters) - The Nasdaq climbed on Thursday, led by a rally in Facebook a day after its earnings, but the broader market's advance was modest after another round of mixed earnings reports. Facebook Inc shares scored their biggest daily percentage gain ever - soaring 31.6 percent to a session high of $34.88 a day after the online social network company reported a huge jump in mobile advertising revenue. The stock closed at $34.36, up 29.6 percent, and topped the Nasdaq's list of most actively traded names. ... Full Story | Top |
| Pioneer of sex research, Virginia Johnson, dies at 88 Thursday, Jul 25, 2013 01:01 PM PDT By Kevin Murphy KANSAS CITY, Missouri (Reuters) - Sex researcher Virginia Johnson, part of the famed Masters and Johnson team who conducted groundbreaking work on human sexuality, has died in St. Louis at the age of 88, her son said on Thursday. Johnson suffered from various illnesses prior to her death on Wednesday at an assisted living center, Scott Johnson said. Virginia Johnson and William Masters, who died in 2001, met when she was a researcher for him at Washington University in St. Louis in the 1950s. Masters was a physician at the university and had begun researching sex in 1954. ... Full Story | Top |
| Kiir flexes muscles but risks splitting South Sudan Thursday, Jul 25, 2013 11:47 AM PDT  By Andrew Green JUBA (Reuters) - South Sudan's President Salva Kiir has asserted his power by firing his biggest political rivals along with his entire cabinet, but he risks splitting the African oil producer at a time of new tensions with civil war foe Sudan. On Tuesday, Kiir removed Vice President Riek Machar and top negotiator Pagan Amum, senior officials in the ruling Sudan People's Liberation Movement (SPLM) who had indicated they would challenge him as party frontrunner for elections in 2015. ... Full Story | Top |
| Sex researcher Virginia Johnson dies at 88: local media Thursday, Jul 25, 2013 10:35 AM PDT KANSAS CITY, Missouri (Reuters) - Sex researcher Virginia Johnson, part of the famed Masters and Johnson team which did groundbreaking work on human sexuality, has died in St. Louis at the age of 88, St. Louis Public Radio reported on Thursday, quoting her son Scott. Johnson and her ex-husband William Masters, who died in 2001, published the bestselling book "Human Sexual Response" in 1966. (Reporting by Kevin Murphy; Editing by Greg McCune and Gerald E. McCormick) Full Story | Top |
| Study finds link between women's height and cancer risk Thursday, Jul 25, 2013 10:01 AM PDT By Laura Zuckerman (Reuters) - Women's chances of developing cancer after menopause increase with their height, according to a new study. Among nearly 145,000 women between the ages of 50 and 79, researchers found that height was more strongly associated with cancer than such established risk factors as obesity. The association held true for everything from thyroid cancer to melanoma, researchers reported in the latest issue of Cancer Epidemiology, Biomarkers and Prevention, a journal of the American Association for Cancer Research. It's not height itself that's the risk factor, though. ... Full Story | Top |
| Ghana sells $750 million 10-year Eurobond: sources Thursday, Jul 25, 2013 09:43 AM PDT JOHANNESBURG (Reuters) - Ghana sold a $750 million 10-year Eurobond paying a yield of 8 percent, two people familiar with the matter said on Thursday. It is the West African country's second international bond after it issued a $750 million 10-year instrument in 2007. The order book for the new bond was around $2 billion, according to one of the people. Full Story | Top |
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