US News  July 22, 2014
China meat scandal spreads to Japan in Chicken McNuggets
China has shut OSI GroupA scandal involving expired meat sold by a China unit of US food supplier OSI Group spread to Japan Tuesday, as McDonald's confirmed that the now shut factory provided Chicken McNuggets to its restaurants.Shanghai authorities on Sunday shut an OSI plant -- a supplier to McDonald's and KFC in China -- for mixing out-of-date meat with fresh product, ...  Full Story
UN, US press Gaza truce efforts as death toll soars
US Secretary of State John Kerry (C) and Arab League chief Nabil al-Arabi (R) arrive for a meeting in the Egyptian capital Cairo on July 22, 2014The UN chief and the US top diplomat were to meet leaders of Egypt -- lead player in Gaza truce efforts -- Tuesday, as the death toll from a blistering Israeli offensive soared.Fresh air strikes early Tuesday killed seven people in Gaza, at least four of them women, taking the Palestinian death toll to 583, many of them civilians.A total of 29 Isra...  Full Story
America Movil second quarter profit jumps 32.7%
File photo of the headquarters of the Carso Group owned by Mexican tycoon Carlos SlimMexican billionaire Carlos Slim's America Movil telecommunications provider reported a 32.7 percent jump in the second quarter thanks to reduced financing costs and a lower exchange rate.The company increased its profit to 18.8 billion pesos ($1.5 billion, 1.1 billion euros) in the months from April to June, and revenue also went up four percent to...  Full Story
Deal reached over US gynecologist who secretly taped patients
Row houses stand three blocks north of Johns Hopkins University Medical School, December 2, 2003 in Baltimore, MarylandThe health care affiliate of a top US medical school is to pay $190 million to patients of a gynecologist who secretly photographed and videotaped them, lawyers said.At least 8,500 women are party to the class action suit involving Johns Hopkins Health System in Baltimore, Maryland and physician Nikita Levy, who took his life in February 2013.In a ...  Full Story
Ex-Qualcomm exec pleads guilty to insider trading
Assitant Attorney General Leslie Caldwell speaks during a news conference at FBI headquarters, June 23, 2014 in Washington, DCA former high-ranking executive of US computer chip giant Qualcomm pleaded guilty Monday to insider trading charges, including trades on a 2011 deal for Atheros Communications, officials said.Jing Wang, 51, the former executive pice president and president of global business operations at Qualcomm, also pleaded guilty to laundering the proceeds of ...  Full Story
Netflix earnings double as membership tops 50 million
The Netflix company logo is seen at Netflix headquarters in Los Gatos, CA on April 13, 2011Netflix said Monday the number of subscribers to its online television service now tops 50 million in over 40 countries as the company reported stronger-than-expected earnings.Netflix shares were up slightly to $453.40 in after-market trading that followed release of earnings figures that showed profit in the three months ending June 30 more than d...  Full Story
Facts and figures on child migrants heading to US
Central American immigrants get on the so-called La Bestia (The Beast) cargo train, in an attempt to reach the Mexico-US border, in Arriaga, Chiapas state, Mexico on July 16, 2014The arrival of huge numbers of unaccompanied Central American children at the southern US border has overwhelmed authorities in the United States lacking the financial and legal means to curb the illegal influx.President Barack Obama has insisted new arrivals will be sent home, but it remains unclear how much that has done to stem the flow -- altho...  Full Story
US stocks end lower as Ukraine, Gaza weigh on markets
Traders work on the floor of the New York Stock Exchange on July 14, 2014 in New York CityUS stocks finished lower Monday as geopolitical worries weighed on sentiment during the first trading session of a busy week of corporate earnings reports.At the closing bell, the Dow Jones Industrial Average dropped 47.07 points (0.28 percent) to 17,053.11.The broad-based S&P 500 declined 4.49 (0.23 percent) to 1,973.73, while the tech-rich Na...  Full Story