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Yahoo

Business - Flash crash charges garner increasing skepticism in high-speed world


The U.S. has asked UK authorities to hand over Navinder Singh Sarao, 36, after his arrest this week on charges that he manipulated markets over several years in a fraudulent scheme that helped cause the stock market rout. The U.S. Department of Justice alleges that Sarao used souped-up, off-the-shelf software to trick other market participants into thinking massive sell orders were about to hit, causing the so-called E-mini S&P futures prices to drop so he could buy at cheaper levels. Linking Sarao to the flash crash `smacks of sensationalism,` said Manoj Narang, founder of Tradeworx, a firm that supplies data for regulators. So far, at least 194 people have signed up to an online message saying `One man with a single broadband connection cannot bring down an entire market.`  Sarao, who court documents show pushed around millions of dollars between banks in the Caribbean, Switzerland and the Middle East, has been granted bail in London on conditions including a 5 million-pound ($7.5 million) bond.  His lawyer, Joel Smith, declined to comment on whether Sarao had yet raised the bail and been released, but said he opposes extradition to the United States.     CANCEL IF CLOSE The view held by some in the market that Sarao is a scapegoat for the flash crash may not help his case much.


Friday, April 24, 2015  23:58

CNN

Most Recent - Here come the moms on `Big Bang`: Six TV shows to watch



Friday, April 24, 2015  23:03

Yahoo

World - UN envoy sees slim chances for success of Syria talks


UN envoy to Syria Staffan de Mistura told the Security Council Friday he sees slim chances for success in the latest round of talks next month to end the internecine conflict, diplomats said. During closed discussions with the 15-member council, de Mistura acknowledged that the `odds and conditions for launching a political transition are no better now than six months ago` and the Damascus regime and opposition forces aren`t showing `much new willingness to negotiate` in the four-year war.


Friday, April 24, 2015  23:58

Yahoo

World - Population of North American sage-grouse sharply declining: study


By Alex Dobuzinskis LOS ANGELES (Reuters) - The number of breeding males in the greater sage-grouse population of the United States and part of Canada has declined by 56 percent in recent years, in a sign of trouble for the ground-dwelling bird, a study released on Friday showed. The study from the Pew Charitable Trusts comes as the U.S. Fish and Wildlife Service prepares to make a decision before the end of September on whether the bird should be protected under the Endangered Species Act. U.S. Secretary of the Interior Sally Jewell announced on that a sub-species of the sage-grouse found in California and Nevada did not require protection under the Endangered Species Act. Millions of sage-grouse are believed to have once inhabited a broad expanse of the Western United States and Canada.


Saturday, April 25, 2015  00:34

NYTimes

Europe - The Chauvet Cave`s Hyperreal Wonders, Replicated


A $59 million replica of the original cave, renowned for its prehistoric paintings, opens to the public on Saturday.


Saturday, April 25, 2015  00:34

BBC

America - Rap mogul `hit-and-run` video shown


A US court releases footage of rap mogul Marion `Suge` Knight running over two men with his pick-up truck, as part of a murder case against him.


Saturday, April 18, 2015  01:10

BBC

America - US rap mogul hit-and-run video shown


A US court releases footage of rap mogul Marion `Suge` Knight running over two men with his pick-up truck, as part of a murder case against him.


Saturday, April 18, 2015  00:34

Yahoo

World - Egypt court seeks death sentence for 11 in soccer stadium case: TV


An Egyptian court on Sunday took a step towards imposing the death penalty on 11 men for involvement in deadly soccer stadium violence in 2012, in a court session shown on television. The judge referred the sentencing to Egypt`s Grand Mufti, the country`s most senior religious authority, a step towards the death penalty, which could be imposed at a later court hearing on May 30. Soccer matches are often a flashpoint for violence in the country but the Port Said incident was Egypt`s worst ever soccer disaster, killing more than 70 fans and injuring at least 1,000. The Grand Mufti`s decision is not binding but referral is needed in order to impose a death sentence.


Sunday, April 19, 2015  13:18

Yahoo

Business - What is Samsung`s SUHD?


Samsung has launched `SUHD` TVs, but despite the new term they`re based on good old LCD technology. Here`s what you need to know.


Friday, April 24, 2015  00:10

Yahoo

Business - CyberPower`s three-blade gaming PC is built for showing off



Wednesday, April 22, 2015  06:10

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