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Thomas Middelhoff, once one of Germany's most prominent and respected business leaders, was convicted of embezzlement and tax evasion by a state court on Friday and immediately taken to jail to start a three-year sentence.

A judge overseeing the Colorado theater massacre case on Friday rejected a bid by lawyers defending accused gunman James Holmes to remove himself from presiding over the forthcoming murder trial, court documents show.

Lockheed Martin Corp and New York City's transit authority accused each other of mismanagement on Friday at the close of a five-week trial over the much-delayed installation of a high-tech security system intended to protect commuters from terrorism.