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Ohio says it proved $100M charity fraud at trial

Written By Unknown on Kamis, 14 November 2013 | 00.32

CLEVELAND — An Ohio prosecutor is asking jurors to convict a man charged with masterminding a $100 million, cross-country veterans charity fraud. Prosecutor Brad Tammaro told a Cleveland jury in a closing argument Wednesday that the state has proved...
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Motorola unveils budget smartphone, aimed at world

NEW YORK — Motorola says it wants to equip the world with the latest smartphone technology, at less than a third the price. The new Moto G phone starts at $179 in the U.S. without a contract requirement. That compares with $600 or more that people must...
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Too much? Lady Gaga saturates market

There's just one way to escape the blitz surrounding Lady Gaga's new album: completely unplug from society. To kick off the release of her new album, "Artpop," this week, the entertainer, never known for understatement, has been omnipresent. She began...
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Stocks lower as China reform promise disappoints

LONDON — Global stock markets were under pressure Wednesday after a highly anticipated meeting of Chinese leaders failed to yield bold reforms to overhaul a growth model that is running out of steam. Communist Party leaders in Beijing pledged to promote...
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House oversight panel probes health website woes

WASHINGTON — Probing whether the White House shares blame for health care website woes, the House's chief investigator Wednesday plunged into the technical issues behind the dysfunctional rollout of HealthCare.gov. Rep. Darrell Issa, R-Calif., chairman...
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Bank of England hints at earlier rate rise

LONDON — British homeowners and businesses could face a rise in interest rates sooner than expected as the economic recovery is gathering pace, the Bank of England indicated Wednesday. Governor Mark Carney said there were improvements across the board,...
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Extended Stay America rises in market debut

NEW YORK — Hotel operator Extended Stay America stock jumped in its first day as a publicly traded company. Shares traded as high as $23.90, or 19.5 percent shortly after the opening trade Wednesday. The gain pared to $3.01, or 15.1 percent in late...
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Macy's upbeat about holiday shopping season

NEW YORK — Macy's is seeing signs that a merry holiday shopping season could be in store. The department store chain on Wednesday reported a quarterly profit that handily beat Wall Street expectations, with the company citing rejiggered advertising...
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Slow New England job growth seen lagging US gains

HARTFORD, Conn. — An economic outlook says growth in New England will continue to be slow, set back by federal spending cuts and reduced consumer demand. The report released Wednesday by the New England Economic Partnership says economic growth of 3...
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Philly police: Teen ran Instagram 'rats' account

PHILADELPHIA — A teen faces charges of intimidation and terroristic threats in connection with a social media account that revealed the names of victims and witnesses in criminal cases, police said. The 17-year-old was taken into custody Tuesday in...
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