Ex-hedge fund manager ordered to pay $300 millionmore similar news »
BOSTON (Reuters) - A former hedge fund manager was ordered to pay nearly $300 million for having cheated clients by sending out fake account statements, the Commodity Futures Trading Commission said on Tuesday.
Resilient storm Fay could hit Florida a third timemore similar news »
MIAMI (Reuters) - Tropical Storm Fay swept into Florida from the Gulf of Mexico and soaked the state on Tuesday while growing strong enough that forecasters said it could become a hurricane before smacking Florida a third time.
Inflation pressures mount as home building slowsmore similar news »
WASHINGTON (Reuters) - U.S. wholesale prices shot up in July at the fastest annual rate in 27 years, while home builders cut back on construction as they worked through a glut of unsold homes, government data showed on Tuesday.
Russia starts Georgia pullout but NATO wants moremore similar news »
GORI, Georgia (Reuters) - Russian troops will pull back from Georgia's heartland by the end of this week, the Kremlin said on Tuesday, but NATO said it was freezing contacts with Moscow until all Russian forces were out of the country.
Speculation over VP picks hits fever pitchmore similar news »
WASHINGTON (Reuters) - Speculation hit a fever pitch on the U.S. vice presidential sweepstakes on Tuesday, with Democrat Barack Obama and Republican John McCain nearing their choices of a No. 2 amid a flurry of sly hints and outright guesses.
McCain campaigns for off-shore drilling on Gulf rigmore similar news »
ABOARD THE CHEVRON GENESIS (Reuters) - Republican John McCain took his campaign high above the waters of the Gulf of Mexico on Tuesday, visiting an offshore oil and gas rig and predicting many more like it along the U.S. coasts if he is elected president.
New York City agrees to pay protesters $2 millionmore similar news »
NEW YORK (Reuters) - New York City has agreed to pay a $2 million settlement to protesters arrested during a 2003 rally against the Iraq war who said their civil rights had been violated, lawyers for both sides said on Tuesday.
Bomb kills 43 at Algerian military academymore similar news »
ISSERS, Algeria (Reuters) - A bomb at an Algerian military academy killed 43 people and wounded 45 on Tuesday, the interior ministry said, one of the bloodiest incidents in years in the OPEC member state.
Storm hits Florida Keys and threatens mainlandmore similar news »
KEY WEST, Florida (Reuters) - Tropical Storm Fay swept over the Florida Keys with heavy rain and 60 mile per hour (97 km per hour) winds and churned toward the Florida mainland on Monday after killing more than 50 people in the Caribbean.