Apache Corp was not in breach of contract in a lawsuit brought by Houston-based oil and gas producer W&T Offshore Inc in 2011, a federal jury found on Monday, according to a court filing.
Britain's Co-operative Bank said it would not need to raise capital after failing a Bank of England stress test. Co-op Bank, which nearly collapsed last year and fell under the control of bondholders, said its core capital fell to -2.6 percent in the test, compared to a 4.5 percent pass mark.
The families of nine people killed in a 2012 massacre at a Newtown, Connecticut, elementary school sued the maker of the gun used in the attack on Monday, saying the weapon should not have been sold because it had no reasonable civilian purpose.
One of the chief architects of the CIA’s harsh Bush-era interrogation program has admitted in a media interview for the first time that he waterboarded terrorism suspects, including Khalid Sheikh Mohammed, the suspected mastermind of the Sept. 11, 2001 attacks.
