The Royal Bank of Scotland has received bids for its Greek ship finance business, banking and financial sources familiar with the matter said, following a leap in bad shipping debts at the lender over the past few months. They told Reuters that the operation was worth about $3 billion although ... Read More »
The death of Sanjay Valvani, a hedge fund manager at Visium Asset Management LP who had been charged last week in a major insider trading case, has been declared a suicide, the New York City medical examiner’s office said on Wednesday. Valvani died of stab wounds to his neck, and ... Read More »
The families of four Americans killed by Islamic State on Wednesday urged U.S. President Barack Obama to do everything possible to bring home the only U.S. journalist known to be held in war-torn Syria. “We are asking the president … to engage boldly and to use all appropriate means to ... Read More »
A federal judge has struck down the Obama administration’s rules for hydraulic fracturing on public lands, a victory for oil and gas producers and state regulators who opposed the rules as an egregious overreach. The ruling, which the White House vowed to appeal, halts the administration’s efforts to address what ... Read More »
A Michigan driver charged with murder in the deaths of five cyclists is also being charged with five counts of operating a vehicle while intoxicated causing death, Kalamazoo County Prosecuting Attorney Jeff Getting said on Wednesday. In addition, Charles Edward Pickett Jr. was charged with four counts of operating a ... Read More »
Oil prices settled down more than 1 percent on Wednesday after a smaller-than-expected U.S. inventory drawdown and amid jitters ahead of a vote on whether Britain should stay in the European Union. Crude futures rose early in the day, before the U.S. Energy Information Administration (EIA) reported a stockpile decline ... Read More »
Crews searching waters off the Florida coast for a man and his three teenage children reported missing after setting off on a sailboat three days ago have found two empty kayaks believed to have been secured to the boat, the U.S. Coast Guard said on Wednesday. Ace Kimberly, 45, two ... Read More »
Tesla Motors Inc (TSLA.O) Chief Executive Officer Elon Musk said on Wednesday that the proposed acquisition of SolarCity Corp (SCTY.O) could eventually push the electric car maker’s valuation to $1 trillion, but investors were skeptical. Shares of Tesla were down nearly 7 percent at $204.50, putting its market capitalization at ... Read More »
More than half of Americans were eating healthier in 2012 than they were in 1999, a new study finds. In fact, the percentage of adults with poor diets dropped from 56 percent to 46 percent during that period. By 2012, people ate more whole grains, fruit, nuts, seeds and fish ... Read More »
Lack of exercise is associated with an increased risk of ovarian cancer and of death from the disease, two new studies suggest. “Women may be overwhelmed with mixed messages about physical activity or exercise recommendations and opt to be inactive because they feel that they cannot meet the recommended amount ... Read More »
The International Monetary Fund said on Wednesday the U.S. economy was “overall in good shape,” with growth set to regain momentum despite an overvalued dollar, but it warned that too many Americans were dropping out of the workforce or living in poverty. The IMF expects U.S. economic growth of 2.2 ... Read More »
