Breeding organization official indicted in N.Y. for cockfighting

Breeding organization official indicted in N.Y. for cockfightingThe president of a game bird breeding organization was charged in New York federal court on Thursday with raising roosters for cockfighting. Thomas Carrano, 44, who heads up the New York State United Gamefowl Breeders Association, was expected to appear in court on Thursday on one count of conspiring to possess, train and buy roosters for fighting. Law enforcement officials searched Carrano's Rochester farm in May and recovered 104 chickens, including 31 roosters, along with steroids, a rooster sparring dummy and grooming tools.



Honda says Florida crash death could be linked to Takata inflator

Honda says Florida crash death could be linked to Takata inflatorThe Japanese automaker said the driver of a 2002 Honda Accord was killed in Holiday, Florida, after the inflator ruptured. Last week, authorities in Australia said the death of a Sydney man earlier this month that police said was likely the result of a faulty Takata airbag inflator. At least 18 deaths and 180 injuries worldwide are now tied to the defect that led Takata Corp to file for bankruptcy protection last month.



Dutch manufacturer suspends ride that killed one at Ohio fair

Dutch manufacturer suspends ride that killed one at Ohio fairThe notice from KMG International BV came as several states said they had temporarily shut or were further inspecting rides similar to the "Fireball," which police in Columbus, Ohio, said flung the victims into the air on Wednesday after their seats snapped off. "We are currently gathering information on the accident and investigating the cause and circumstances," KMG product manager Albert Kroon said in a statement. Following the death of Tyler Jarrell, 18, in Ohio, at least five other states and a location in Canada said they were suspending or reinspecting similar rides.



Jury urged to convict 'pharma bro' Martin Shkreli on fraud charges

Jury urged to convict 'pharma bro' Martin Shkreli on fraud chargesBy Brendan Pierson NEW YORK (Reuters) - A U.S. prosecutor on Thursday urged jurors to convict former drug company executive Martin Shkreli of defrauding investors in his hedge funds and stealing from his old company to repay them. In a five-hour closing argument capping off a month-long trial, Assistant U.S. Attorney Alixandra Smith told jurors in Brooklyn federal court that Shkreli told "lies upon lies" over the course of five years. Shkreli, 34, is best known for raising the price of anti-infection drug Daraprim to $750 a pill, from $13.50 in 2015, when he was chief executive of Turing Pharmaceuticals.



Ex-Lehman trader loses most of $83 million bonus bid: U.S. appeals court

Ex-Lehman trader loses most of $83 million bonus bid: U.S. appeals courtA former star Lehman Brothers Holdings Inc [LEHMB.UL] trader can try to recoup only about $7.7 million of an $83 million bonus he claimed to be owed after the investment bank collapsed in 2008, a federal appeals court ruled on Thursday. The 2nd U.S. Circuit Court of Appeals in Manhattan upheld rulings by two lower court judges that Jonathan Hoffman was not entitled to the entire bonus for 2007 and 2008, on top of another $83 million he was paid by Barclays Plc, which bought much of Lehman's North American banking business.





Close Window