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Yahoo

Business - Ex-Jefferies trader sentenced to two years in prison in fraud case


A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a government program established in response to the 2008 financial crisis was sentenced on Wednesday to two years in prison. Jesse Litvak, 39, was convicted on March 7 on all 15 counts he faced, including 10 counts of securities fraud and one count of fraud under the federal bailout known as the Troubled Asset Relief Program. The married father of two was sentenced by Chief Judge Janet Hall of the U.S. District Court in New Haven, Connecticut, who presided over his jury trial.


Wednesday, July 23, 2014  20:30

Yahoo

World - Tottenham sign Davies, Vorm from Swansea


Tottenham made a double swoop on Premier League rivals Swansea on Wednesday when they signed left-back Ben Davies and Dutch international goalkeeper Michel Vorm. Davies has signed a five-year contract and Vorm has agreed a four-year deal while Icelandic midfielder Gylfi Sigurdsson moves to the Welsh club where he spent time on loan in 2012. Highly-rated Davies, 21, earned his first professional contract with Swansea in 2011 and has gone on to earn 10 caps for Wales.


Wednesday, July 23, 2014  21:10

Yahoo

Business - Ex-Jefferies trader gets two years in prison in fraud case


By Jonathan Stempel NEW HAVEN Conn. (Reuters) - A former Jefferies Group Inc managing director convicted of defrauding investors who traded mortgage bonds through a government program established after the 2008 financial crisis was sentenced on Wednesday to two years in prison. Jesse Litvak, 39, was convicted on March 7 on all 15 counts, including 10 counts of securities fraud and one count of fraud under the federal bailout known as the Troubled Asset Relief Program (TARP). Litvak was the first person charged under a 2009 law banning major fraud against the United States through TARP. Litvak, a married father of two, was sentenced by Chief Judge Janet Hall of the U.S. District Court in New Haven, Connecticut, who presided over his jury trial.


Wednesday, July 23, 2014  20:43

Yahoo

Sports - Athletics make 10-year Oakland stadium lease deal


The Oakland Athletics announced a 10-year lease extension deal with the city council to continue playing Major League Baseball games at the team`s 48-year-old home ballpark. The Alameda County Board of Supervisors will meet next Tuesday to consider the deal but are expected to approve the plan that will ensure the team remains in Oakland. `We are pleased to hear today that the A`s owners are agreeing to the terms the City Council approved last week for a 10-year lease extension,` Oakland mayor Jean Quan and city council president Pat Kernighan said in a joint statement.


Wednesday, July 23, 2014  04:28

CNN

Top Stories - Marrakech: Top 10 amazing attractions


Morocco`s Red City is crammed with stunning gardens, shaded souks and steamy bath houses.


Wednesday, July 23, 2014  09:35

CNN

Most Recent - Marrakech: 10 amazing attractions



Wednesday, July 23, 2014  08:14

CNN

Europe - Bobbi Brown`s billion dollar idea


When Bobbi Brown introduced her eponymous lipstick line to Bergdorf Goodman back in 1991, she never expected all 10 pinky-brown shades to fly off the shelves in just one day.


Wednesday, July 23, 2014  03:36

Yahoo

World - Poll shows Brazil`s Rousseff would win presidential runoff


Brazil President Dilma Rousseff would win a second-round runoff against either opponent and has 38 percent of voter support ahead of her October re-election bid, a new poll by the IBOPE polling institute showed on Tuesday. Her main challenger, Aecio Neves, has the backing of 22 percent of potential voters while Eduardo Campos has 8 percent, according to the survey broadcast on TV Globo. The changes in voter intention for all candidates are within the poll`s margin of error from June, when Rousseff had 39 percent of support, Neves had 21 percent and Campos 10 percent, suggesting Rousseff`s support is not eroding as other recent polls have suggested. The approval rating of her government remained at 31 percent, unchanged from a month ago when Brazil was starting to host the month-long soccer World Cup. Her personal approval rating was also unchanged at 44 percent.


Wednesday, July 23, 2014  02:30

Yahoo

Sports - A`s agree to 10-year lease to stay in Oakland


OAKLAND, Calif. (AP) The Athletics have agreed to a 10-year lease extension to stay in Oakland, the team and city officials announced Tuesday.


Tuesday, July 22, 2014  23:51

CNN

Most Recent - 10 things to know before visiting Copenhagen



Wednesday, July 23, 2014  16:18

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