Massive Los Angeles construction fire was arson, authorities say
A construction fire that gutted an entire city block of downtown Los Angeles and caused up to $30 million in damages was an act of arson, authorities said on Thursday.
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President Barack Obama on Thursday will set up a task force to draw up recommendations to strengthen trust between law enforcement and local communities, following protests over several instances of police killings of unarmed people this year.
A U.S. judge said Thursday he would likely vacate the guilty pleas of four men accused of engaging in an insider trading scheme ahead of an IBM Corp deal, as fallout continued from an appellate ruling curtailing authorities' abilities to pursue such cases.
U.S. regulators have declared insurer MetLife Inc so big that its failure could destabilize financial markets, a designation that brings extra regulation.
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