Archive for March 25th, 2014

Emergency brake failed to stop Chicago train that ran up escalator

March 25, 2014
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CHICAGO (AP) — An emergency track-side braking system activated but failed to stop a Chicago commuter train from jumping the tracks and barreling to the top of an escalator at O’Hare International Airport, a federal investigator said Tuesday.
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Obama: Russia is simply a ‘regional power’

March 25, 2014
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  THE HAGUE, Netherlands – With Moscow showing no signs of backing down from the standoff over Ukraine, President Obama today took a swing at Russian President Putin’s status on the global stage – describing Russia as simply a “regional power.”
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After mass death sentence, Egypt puts hundreds more on trial

March 25, 2014
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By Treza Kamal MINYA, Egypt (Reuters) – The leader of Egypt’s outlawed Muslim Brotherhood and 682 others went on trial on Tuesday on charges including murder, their lawyer said, a day after more than 500 supporters of deposed Islamist president Mohamed Mursi were sentenced to death.
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Rescuers scour mudslide rubble for survivors

March 25, 2014
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By Jonathan Kaminsky ARLINGTON, Washington (Reuters) – Rescue workers sifted through mucky rubble on Tuesday amid dwindling hopes of finding any more survivors from among scores of people still missing from a devastating weekend mudslide in Washington state that killed at least 14.
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TSX slips on reports of slowdown in China

March 25, 2014
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Falling mining stocks helped push the Toronto stock market down on Monday, while the Nasdaq was hit hard by waning confidence in some tech stocks. 
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Wall Street arbitrator booted for fake credentials heard nearly 40 cases

March 25, 2014
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By Suzanne Barlyn (Reuters) – The outcomes of nearly 40 securities arbitration cases dating back more than 15 years and involving some of Wall Street’s most well-known brokerages could be compromised because one of the arbitrators who heard them allegedly lied about being a lawyer.
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China demands Malaysia turn over satellite data

March 25, 2014
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KUALA LUMPUR, Malaysia (AP) — China demanded that Malaysia turn over the satellite data used to conclude that a Malaysia Airlines jetliner had crashed in the southern Indian Ocean, killing everyone on board, as gale-force winds and heavy rain on Tuesday halted the search for remains of the plane.
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Five ex- Madoff employees found guilty of aiding in Ponzi scheme

March 25, 2014
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London, March 25 (ANI): Disgraced Wall Street financier Bernard Madoff’s five former employees have been reportedly found guilty of conspiring to help him carry out his Ponzi scheme.
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Asian stocks in defensive mode; global worries weigh

March 25, 2014
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By Hideyuki Sano TOKYO (Reuters) – Shares were in a defensive mode on Tuesday on uncertainty over Ukraine and the global economy, though still-vague hopes of stimulus measures from China may be supporting investor sentiment.
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Washington slide death toll 14; search continues

March 25, 2014
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OSO, Wash. (AP) — The search for survivors of a deadly Washington state mudslide grew Monday to include scores of people who were still unaccounted for as the death toll from the wall of trees, rocks and debris that swept through a rural community rose to at least 14.
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