Death toll in Mali suicide blast rises to more than 50
GAO, Mali (AP) ? A suicide bomber in an explosives-laden vehicle attacked a camp in northern Mali on Wednesday, killing more than 50 people and wounding more than 100 soldiers and former fighters now trying to stabilize the region.
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Harry Winston jewelry store robbed in French Riviera
PARIS (AP) ? A French official says a robber with a hand grenade and an automatic handgun has stolen diamond necklaces and other jewelry from a Harry Winston store in the French Riviera city of Cannes.
Jump in manufacturing, tight labor markets show U.S. economic health: Fed
A pickup in manufacturing, "widespread" reports of labor shortages and improving business investment set the stage for the Federal Reserve's December rate hike amid signs of steady economic growth across the country, the Fed reported Wednesday in its latest Beige Book compendium of economic conditions. Manufacturers in "most" of the Federal Reserve System's 12 regions reported increased sales, the Fed reported in the document, a collection of anecdotal information from businesses assembled before each Fed meeting.
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Credit Suisse finalizes $5.3 billion mortgage deal with U.S.
By Karen Freifeld NEW YORK (Reuters) - Credit Suisse has formally agreed to pay $5.3 billion to settle with U.S. authorities over claims it misled investors in residential mortgage-backed securities it sold in the run-up to the 2008 financial crisis. As part of the settlement, announced by the U.S. Department of Justice on Wednesday, the Zurich-based bank acknowledged that home loans it pooled into the securities did not meet underwriting guidelines, with some described by employees as "complete crap" and "[u]tter complete garbage." "The bank concedes that it knew it was peddling investments that were likely to fail," Principal Associate Attorney General Bill Baer said in a statement announcing the deal. Credit Suisse will pay a $2.48 billion cash penalty and provide $2.8 billion in consumer relief, including loan forgiveness and financing for affordable housing, the Justice Department said in the statement.
Chelsea Manning: A potent symbol for transgender AmericansNEW YORK (AP) ? For most Americans, Chelsea Manning has been a hero or villain based on how they view her decision to leak classified material. For transgender people, she has another dimension ? serving as a potent symbol of their struggles for acceptance.
Credit Suisse to pay $5.3B over mortgage-backed securitiesNEW YORK (AP) ? Credit Suisse has agreed to pay $5.3 billion to settle claims that it misled investors about the quality of mortgage-backed securities that it sold in the lead-up to the 2008 financial crisis.
Regional troops move toward Gambia amid political standoff
DAKAR, Senegal (AP) ? Gambia headed late Wednesday toward a midnight showdown between a president who refuses to leave office and a president-elect who insists he will take power, while a regional force moved toward the country's borders in a threat to intervene.
Budget pick Mulvaney acknowledges payroll tax lapse
Rep. Mick Mulvaney, President-elect Donald Trump's choice to run the White House budget office, failed to pay more than $15,000 in payroll taxes for a household worker more than a decade ago, prompting ...