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Top News & Analysis North America

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  • NEW YORK— An advisory firm wants Bank of America's shareholders to strip Bank of America's CEO, Brian Moynihan, of his second title— chairman of the board. It's the latest move to unravel the board's decision to award the chairman job to Moynihan last year and comes ahead of a vote on the issue at a shareholder meeting scheduled for Sept. 22. Moynihan has been the...

  • ALBUQUERQUE, N.M.— An extensive review at one of the nation's premier federal laboratories has turned up violations in how the lab handled hundreds of containers of radioactive waste over the past decade. The latest revelations are on top of the permit violations Los Alamos National Laboratory first reported last year in the wake of a radiation release at the...

  • DENVER— Aretha Franklin is expressing her relief after a federal judge blocked The Telluride Film Festival screening of a documentary about a 1972 concert without the singer's consent. District Judge John L. Kane issued his order in Denver about three hours before the Friday night screening of "Amazing Grace. "Franklin testified by telephone from Detroit that...

  • To others, Hill was a murderer who gunned down a Salt Lake City grocer and his son and got what he deserved when he was executed by firing squad in 1915.. Ahead of the 100th anniversary of his death in November, admirers of the Swedish-born immigrant will gather in Salt Lake City this Labor Day weekend to celebrate his life with music and speeches.

  • HARLAN, Ky.— Kentucky coal miners bled and died to unionize. But more recently the United Mine Workers in Kentucky have been in retreat, dwindling like the black seams of coal in the Appalachian mountains. The union era's death knell sounded in Kentucky on New Year's Eve, when Patriot Coal announced the closing of its Highland Mine.

  • NORTH PLAINS, Ore.— Bertony Faustin didn't set out to be Oregon's first black winemaker. I am not the winemaker, "said the 43- year-old, who four years ago opened Abbey Creek Winery about 20 miles northwest of Portland. Just last month, the Napa Valley Wine Train in California kicked a book club composed mostly of black women off a tasting tour.

  • NEW BEDFORD, Mass.— For three centuries, fishing has been a way of life in New Bedford— and it's still going strong. Scholars say more ships sailed out of New Bedford alone than every other American port combined. But it's still a viable industry, and New Bedford's piers are alive with the sights, sounds and smells of the trade.

  • PROVIDENCE, R.I.— New England' s ports are reinventing themselves to compete with one another and from larger ones, but they were once legendary. From one of the world's great whaling ports to the Navy's first submarine base and the city featured in "The Perfect Storm," here is a look at their lore:. In 1916, a naval yard and storage depot along the Thames River became the...

  • NEW HAVEN, Conn.— The noise and bustle of nearby neighborhoods fade away at New Haven's sprawling port. What was a key port for lumber and other goods dating to Colonial times is, like other New England ports, facing a reckoning after a lengthy decline. New England' s ports saw their national rankings in terms of total trade plummet since the 1970 s, a trend that only...

  • WASHINGTON— Congress returns on Tuesday with a critical need for a characteristic rarely evident through a contentious spring and summer— cooperation between Republicans and President Barack Obama. Tom Cole, R- Okla. "The big deal will be,' Can you come to a deal on transportation, debt ceiling and avoiding sequester? GOP leaders are playing down talk of a...

  • Sept 4- A district court judge has asked Credit Suisse Group AG to pay $287.5 million in damages to an affiliate of Highland Capital Management, as part of a long drawn breach of contract case. The damages are related to the event in which the Zurich- based bank was found to have used inflated appraisals to convince an affiliate of Highland Capital Management in...

  • NEW YORK— A Latvian computer code writer who helped create a virus that spread to more than a million computers worldwide and corrupted some at NASA may be returning home soon after pleading guilty to a federal charge on Friday. Deniss Calovskis, soft-spoken and bespectacled, pleaded guilty in Manhattan to conspiring to commit computer intrusion.

  • ANKARA- German Finance Minister Wolfgang Schaeuble and European Central Bank Governing Council member Jens Weidmann hold a press conference at G20 meeting- 0500 GMT. SYDNEY- Reserve Bank of Australia head of financial stability department Luci Ellis speaks at the University of New South Wales Real Estate Symposium 2015 on "Property Markets and Financial...

  • SAN JUAN, Sept 4- Republican presidential candidate Marco Rubio told residents of Puerto Rico on Friday the island needed new political leadership as it grapples with its fiscal crisis, but protection under bankruptcy laws would not solve the U.S. territory's problems. Clinton, who won the most Democratic delegates in Puerto Rico during her failed 2008...

  • If Congress does not pass reforms by Sept. 15, the IMF board has said it will discuss an "interim solution" by month's end. Rakesh Mohan, the IMF's executive director for Bangladesh, Bhutan, India and Sri Lanka, told Reuters: "There's more and more likelihood that something like that will happen." "This is a signal to the administration and to Congress that the world is...

  • BOSTON, Sept 4- Proxy adviser Institutional Shareholder Services on Friday recommended Bank of America shareholders vote to strip Chief Executive Brian Moynihan of his additional title of chairman, joining a chorus of critics ahead of a Sept. 22 shareholder meeting on the matter. The Charlotte, North Carolina- based bank, which named Moynihan chairman in 2014,...

  • NEW YORK, Sept 4- Crude futures fell about 2 percent on Friday as traders shrugged off a drop in the number of U.S. rigs drilling for oil and focused instead on a supply glut and declining stock prices on Wall Street. "I get the feeling the longs do not want to wait out the three-day weekend," said Tariq Zahir, a trader in crude oil spreads at Tyche Capital Advisors in Laurel...

  • Sept 4- Bertelsmann SE& Co KGaA, Europe's largest media group, is close to acquiring a minority stake in learning technology firm HotChalk, according to people familiar with the matter, as the educational technology sector continues to grow. Bertelsmann is leading a funding round that could value the Campbell, California- based company at $600 million to $800...

  • Sept 4- Bertelsmann SE& Co KGaA, Europe's largest media group, is close to acquiring a minority stake in learning technology firm HotChalk, according to people familiar with the matter, as the educational technology sector continues to grow. Bertelsmann is leading a funding round that could value the Campbell, California- based company at $600 million to $800...

  • NEW YORK, Sept 4- Stocks on major markets fell on Friday, closing out another tough week for equity markets, after the monthly U.S. employment report failed to provide a clear signal on the likelihood of the first Federal Reserve interest rate rise for nearly a decade later this month. "Regardless of the global dislocation for equities, investors still seem to be...