In April 2011, two years before their prices sank, a slew of bond funds that were being sold by UBS’s Puerto Rico arm appeared to its brokers to be such risky investments that they balked at promoting them to their clients.
The pilot of a doomed TransAsia plane, hailed as a hero for his actions in the final moments before a crash that killed 31 people, was still holding the joystick in the plane's cockpit when his body was found, media reported on Friday.
The New York commuter train that plowed into a car stopped on a crossing this week was traveling just below the speed limit and no problem was found with the signals or traffic barriers at the site of the deadly crash, a federal investigator said on Thursday.
The United States is pressing Cuba to allow the opening of its embassy in Havana by April, U.S. officials told Reuters, despite the Communist island's demand that it first be removed from the U.S. list of state sponsors of terrorism.
