By Edward Taylor, Andreas Kröner, Christoph Steitz and John Ruwitch FRANKFURT/SHANGHAI (Reuters) – When Deutsche Boerse set off eight years ago to lure Chinese companies to Germany with fast listings and low fees, it dreamed of one day landing a giant like Alibaba . In the latest and most bizarre case, Ultrasonic, a small Chinese shoemaker listed on the Frankfurt Stock Exchange, announced last week that Wu Qingyong, the company’s chief executive, and his son had disappeared, along with $60 million from the company’s bank account. On Monday, Ultrasonic said Wu had contacted the group’s finance chief to say he would return to the company, along with the money.
WASHINGTON (AP) — In a rare rebuff from his own party, the chairman of the Senate Judiciary Committee said Monday that President Barack Obama’s controversial nomination of Michael Boggs to become a federal judge lacks enough votes to survive and should be withdrawn. Continue reading
LOS ANGELES (AP) — Stephen King’s time-travel novel about the Kennedy assassination is being adapted as a small-screen miniseries. Continue reading
MOUNT SHASTA, Calif. (AP) — U.S. Forest Service crews on Mount Shasta were dealing Monday with mud flow from a melting glacier that covered two roads and a bridge in muck, logs and rocks and forced a mountain creek out of its banks.
New York (AFP) – In a landmark decision, a New York jury on Monday found the Jordan-based multinational Arab Bank liable on 24 counts of supporting terrorism by transferring funds to Hamas. Continue reading
NEW YORK (AP) — Hundreds of corporations, insurance companies and pension funds are calling on world leaders gathering for a U.N. summit on climate change this week to attack the problem by making it more costly for businesses and ordinary people to pollute.
ST. LOUIS (AP) — St. Louis County police apologized Monday for the wording of a flier announcing a seminar to help officers interact with the media. Continue reading
Washington (AFP) – US authorities are closely tracking some of the 100 Americans estimated to have fought with the Islamic State group in the Middle East who are believed to have returned home, a senior US official said Monday. Continue reading
JACKSON, Wyo. (AP) — A grizzly bear with a penchant for chokecherries and a dislike of crowds has led to the indefinite closure of part of a popular road in Grand Teton National Park. Continue reading
New York (AFP) – General Motors on Monday raised the death toll linked to its faulty ignition switches to 21 as compensation claims mount following its long-delayed safety recall of the dangerous cars. Continue reading