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Aid flows to Puerto Rico but many still lack water and food
Thousands of Puerto Ricans were finally getting water and food rations Friday as an aid bottleneck began to ease, but many remained cut off from the basic necessities of life and were desperate for power, communications and other trappings of normality in the aftermath of Hurricane Maria. There were many people around the country, especially outside the capital, who were unable to get water, gas or generator fuel. That was despite the fact that military trucks laden with water bottles and other supplies began to reach various parts of Puerto
Read MoreU.S. Fed approves Bank of East Asia’s application to upgrade Los Angeles branch
WASHINGTON (Reuters) – The Federal Reserve Board on Friday said it had approved an application by Hong Kong’s Bank of East Asia Ltd (0023.HK) to upgrade its existing Los Angeles operation to a full-service branch. Bank of East Asia is Hong Kong’s oldest bank and is majority-owned and controlled by its founding Li family. Activist investor Elliott Management Corp owns over 8 percent of the bank’s outstanding shares. Reporting by Michelle Price; Editing by Jonathan Oatis Our Standards:The Thomson Reuters Trust Principles. Source link #USA #News #USnews #worldnews #headlinenews #Breakingnews
Read MoreSaudi crown prince’s policies come with wins and missteps
Saudi Arabia’s 32-year-old heir to the throne, Mohammed bin Salman, has swept into de facto power in less than three years, bringing a dynamism rarely seen in a kingdom that has mostly been ruled by monarchs in their 70s or 80s. The crown prince’s rapid moves, however, have brought both successes and failures. This week’s royal decree ordering an end to the ban on women driving is the most dramatic of the prince’s domestic changes. As the favored son of King Salman, the prince oversees nearly every major aspect of
Read MoreKik’s $100 million in proceeds from token sale below expectations
NEW YORK (Reuters) – Kik Interactive, which created the global chat platform Kik, valued at $1 billion, said on Tuesday it raised nearly $100 million in the sale of its own token, below its expectations. A volatile crypto-currency market has partially reduced demand for token offerings, the Ontario, Canada-based company said. In late August, Kik said it expected to raise $125 million. Proceeds will be used to create a decentralized network of different types of online services, initially within the Kik platform. Kik’s crypto-currency, Kin, will enable customers to have
Read MoreDubai starts tests in bid to become first city with flying taxis
DUBAI (Reuters) – Dubai staged a test flight on Monday for what it said would soon be the world’s first drone taxi service under an ambitious plan by the United Arab Emirates city to lead the Arab world in innovation. The flying taxi developed by German drone firm Volocopter resembles a small, two-seater helicopter cabin topped by a wide hoop studded with 18 propellers. It was unmanned for its maiden test run in a ceremony arranged for Dubai Crown Prince Sheikh Hamdan bin Mohammed. Meant to fly without remote control
Read MoreKayla Mueller: The Girl Left Behind
Bill O’Reilly calls Fox firing ‘political and financial hit job’
LOS ANGELES (Reuters) – Popular former Fox News host Bill O‘Reilly, who was fired over allegations of sexual harassment, said on Tuesday he was the victim of a “political and financial hit job” and that he had never mistreated anyone in his 42-year career. In his first TV interview since being fired in April, O‘Reilly, whose pugnacious “The O‘Reilly Factor” was the most-watched cable news show, said he was brought down by sponsor boycotts and wider business decisions at Twenty-First Century Fox Inc. “This was hit job, a political and
Read MoreLaci Peterson’s mother recalls the last time she saw her daughter alive
Since Dec. 24, 2002, the day her daughter Laci Peterson disappeared, life has never been the same for Sharon Rocha. “You wake up from most nightmares, and they’re over. Mine was different. I was awake when it started, and I’ve barely slept since. It was Dec. 24, 2002 — a date when life as I’d always known it stopped forever,” Rocha told ABC News. Courtesy Sharon RochaSharon Rocha (right) and her daughter Laci Peterson (left) are pictured together in this undated photo. Laci Peterson was last seen at home in
Read MorePolice, protesters clash after vigil for slain Georgia Tech student
ATLANTA (Reuters) – Violent clashes erupted overnight between police and protesters after a memorial vigil for a Georgia Tech student killed by campus officers, and the school’s president on Tuesday blamed the unrest on “outside agitators.” The clashes at the Georgia Institute of Technology in Atlanta broke out when several dozen of the almost 500 people who had attended the vigil for slain student Scout Schultz faced off with officers at the campus police headquarters, the school said. Two Georgia Tech officers were injured and a police car was damaged,
Read MoreToys R Us files for bankruptcy protection – Business #CBC
Toys R Us, the big box toy retailer struggling with $5 billion in long-term debt, has filed for Chapter 11 bankruptcy protection in the U.S. ahead of the key holiday shopping season, saying it will continue its normal business operations. The company based in Wayne, New Jersey, announced late Monday that it was voluntarily seeking relief through the U.S. Bankruptcy Court for the Eastern District of Virginia in Richmond — and that its Canadian subsidiary would be seeking similar protection through a Canadian court in Ontario as it seeks to
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