Asian stocks mixed as markets weigh Greece, US growth
Boat with more than 450 people sinks in China's Yangtze
BEIJING (AP) ? A small cruise ship sank overnight in China's Yangtze River during a storm, leaving at least one person dead and nearly 450 people missing, most of them elderly, state media said Tuesday. Ten people were rescued, the state media reports said.
Woman behind Silicon Valley sex bias suit appealing verdict
Greece's Tsipras attacks creditors over 'absurd' reforms
Greece's Prime Minister Alexis Tsipras on Monday attacked the country's creditors for insisting on what he described as "absurd" reforms which have only held up progress in negotiations for a deal aimed at preventing his country from defaulting. "The lack of an agreement so far is not due to the supposed intransigent, uncompromising and incomprehensible Greek stance," Tsipras wrote in a column published by French newspaper Le Monde. Greece has been locked in talks with its creditors -- the European Union, the International Monetary Fund and the European Central Bank -- in a bid to unlock 7.2 billion euros ($7.9 billion) in bailout funds.
Many health insurers go big with initial 2016 rate requests
Dozens of health insurers say higher-than-expected care costs and other expenses blindsided them this year, and they're going to have to hike premiums for individual policies well-beyond 10 percent for 2016.
AP Source: Bulls plan to introduce Hoiberg as coach
Ellen Pao to appeal Silicon Valley gender case loss
Ellen Pao on Monday renewed her legal battle with a prominent venture capital firm, filing notice that she will appeal the loss earlier this year at a jury trial. Attorneys for Pao filed a notice of appeal in the San Francisco state court building where jurors in March sided with Kleiner Perkins Caufield and Byers (KPCB) in her gender discrimination suit against her former employer. Paperwork filed with the court stated Pao's intent to appeal but did not specify the legal basis.
Brazil prosecutors investigating ex-football confederation leader
Prosecutors have launched an investigation against Ricardo Teixeira, former Brazilian Football Confederation (CBF) president, for alleged crimes including money-laundering and fraud, officials said Monday. The charges stem from alleged corruption toward the end of Teixeira's presidency, between 2009 and 2012, but the investigation is being conducted "completely under wraps," Marcelo del Negri, spokesman for the federal prosecutor's office, told AFP. A federal police probe found that between 2009-2012, Texeira, who led the CBF for 23 years, moved 464 million reais (now $147.3 million) through his accounts -- an amount that drew attention as "unusual," the newsmagazine Epoca reported after gaining access to the police file.
Takata will change design for certain air bag inflators
Takata Corp said on Monday that it will continue producing air bags that use ammonium nitrate propellant, but will change the design of the driver-side air bag inflators. The Japanese supplier is at the center of a global recall of tens of millions of cars for potentially deadly air bag inflators that could deploy with too much force and spray metal fragments inside vehicles. In written testimony ahead of a U.S. congressional hearing scheduled on Tuesday, Takata executive Kevin Kennedy said other companies producing replacements for potentially defective Takata inflators will not use ammonium nitrate.
U.S. safety regulator NHTSA needs more money: NHTSA administratorThe administrator of the National Highway Traffic Safety Administration will tell a U.S. congressional subcommittee that his agency needs more money to help keep motorists safe, according to prepared remarks released on Monday. Mark Rosekind, administrator of NHTSA, will be one of the witnesses on Tuesday at a subcommittee hearing on the safety of Takata Corp air bags. Rosekind, in a prepared statement he plans to give the U.S. House Subcommittee on Commerce, Manufacturing and Trade, said: "At NHTSA, we address safety risks every day.