By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers A choppy day of trading on Wall Street ended with stocks mostly higher Monday, as battered banks showed more strength, at least for now. The S&P 500 eked out a 0.2% gain after having been up by as much as 0.8%. Banks and
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By STAN CHOE, DAMIAN J. TROISE and ALEX VEIGA AP Business Writers Stocks closed mostly higher on a steadying Wall Street as battered banks showed more strength, at least for now. The S&P 500 rose 0.2% Monday. The Dow Jones Industrial Averate also rose, while the Nasdaq fell. Markets have been in turmoil following the
Continue Reading SYRACUSE, N.Y. (AP) — A man who spent 16 years in prison after he was wrongfully convicted of raping writer Alice Sebold when she was a Syracuse University student has settled a lawsuit against New York state for $5.5 million. The settlement comes after Anthony Broadwater’s conviction for raping Sebold in 1981 was overturned in
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By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court seemed inclined Monday to rule against a man convicted of violating immigration law for offering adult adoptions he falsely claimed would lead to citizenship. Attorneys for Helaman Hansen told the justices during approximately 90 minutes of arguments that the law he was convicted of
Continue Reading By JESSICA GRESKO Associated Press WASHINGTON (AP) — The Supreme Court seemed inclined Monday to rule against a man convicted of violating immigration law for offering adult adoptions he falsely claimed would lead to citizenship. Attorneys for Helaman Hansen told the justices during approximately 90 minutes of arguments that the law he was convicted of
Continue Reading By JIM SALTER Associated Press ST. LOUIS (AP) — A federal lawsuit accuses automakers Kia and Hyundai of failing to install industry-standard anti-theft technology, resulting in thousands of thefts of vehicles in St. Louis. The Missouri city filed the lawsuit Monday seeking damages in excess of $75,000 plus punitive damages. Several other cities that have
Continue Reading BAKER, Calif. (AP) — A long freight train carrying iron ore derailed in a remote area of the Mojave Desert on Monday but there were no injuries, authorities said. Fifty-five rail cars loaded with iron ore and two locomotives derailed around 8:30 a.m. in the Mojave National Preserve, Union Pacific spokesperson Daryl Bjoraas said in
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Cesar Chavez’s grandson will be the keynote speaker in a new event added by Coachella city officials to celebrate the legacy of the labor activist in advance of the holiday. The free “Coachella Chavez Day” event will be held Wednesday from 5:30 p.m. to 7:30 p.m. at the Coachella Library Park, according to Coachella’s public
Continue Reading By STAN CHOE AP Business Writer NEW YORK (AP) — First Citizens Bank is buying much of Silicon Valley Bank, the tech-focused financial institution whose failure this month set off a chain reaction that helped rattle faith in banks around the world. The Federal Deposit Insurance Corp. and other regulators had already taken extraordinary steps
Continue Reading By STAN CHOE AP Business Writer NEW YORK (AP) — First Citizens Bank is buying much of Silicon Valley Bank, the tech-focused financial institution whose failure this month set off a chain reaction that helped rattle faith in banks around the world. The Federal Deposit Insurance Corp. and other regulators had already taken extraordinary steps
Continue Reading BAKER, Calif. (AP) — A freight train carrying iron ore derailed in a remote area of the Mojave Desert on Monday but there were no injuries, authorities said. The San Bernardino County Fire Protection District said in a tweet that “numerous” cars derailed but did not give a specific number. “No current threat to the
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A 65-year-old man accused in the fatal stabbing of a woman in Palm Springs re-entered not guilty pleas to felony charges today. Miguel Hernandez Toscano is facing one felony count of murder and one misdemeanor court of willful cruelty to a child, according to court records. He also faces a sentence-enhancing allegation of using
Continue ReadingBy Chanteé Lans Click here for updates on this story LONG ISLAND, New York (WABC) — A Long Island high school football player diagnosed with cancer was welcomed with a big celebration from dozens of his friends outside a hospital after finishing his last chemo treatment on Thursday. It’s been a long time coming for
Continue Reading PHOENIX (AP) — The Milwaukee Brewers signed first baseman Luke Voit and designated Keston Hiura for assignment Monday as part of a flurry of moves they made to prepare for the start of the season. Voit had arrived in camp on a minor-league deal at the start of spring training but opted out of that
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A man who sped away from Cathedral City police during a 2018 traffic stop, dragging an officer, was sentenced today to 13 years and 8 months in state prison. Steven Flores, 36, of Cathedral City, faced five felony counts, one each of attempted murder, assault with a semi-automatic firearm, robbery, assault with a deadly weapon
Continue ReadingBy WABC Staff Click here for updates on this story QUEENS, New York (WABC) — Officials gathered on Monday with the heartbroken family whose dog was euthanized by ACC in what they say was an abuse of power. NYC Council member Jim Gennaro has joined the fight about a lost dog euthanized within hours of
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