John Whitehead, former senior partner and co-chairman of Goldman Sachs who helped make it a top-tier Wall Street firm and led its international expansion, has died, the investment bank said on Saturday. "We grieve the loss of John Whitehead and honor his achievements and contributions in service to his country and Goldman Sachs," Goldman chief executive Lloyd Blankfein said in a statement.
At least 34 people were killed in three bombings around Baghdad on Saturday, police said, hours before the government was due to lift a long-standing night-time curfew on the capital. In the first attack, a suicide bomber detonated his explosive belt inside a restaurant in the Shi'ite neighborhood of New Baghdad, leaving 22 dead, police told Reuters. In a third attack, a bomb killed two and wounded another seven in the Shi'ite section of Abu Sheir in Baghdad's Dura neighborhood, police said. The Iraqi government announced on Thursday that the decade-old curfew in the capital would end on Saturday at midnight and that four neighborhoods would be "demilitarized".
Six people have been charged with providing money and equipment including U.S. military uniforms to support groups such as al Qaeda, Nusra Front and Islamic State in Syria and Iraq, the U.S. Justice Department said on Friday. The six are Bosnian natives living in Missouri, Illinois and New York. Five of them were arrested in the United States and charged with conspiring to provide material support and resources to terrorists. Members of the group conspired to provide money and equipment - including U.S. military uniforms, combat boots, tactical gear, military surplus goods and firearms accessories - to be used to commit crimes outside the United States, according to the indictment released by Justice.
By Sebastien Malo TARRYTOWN, N.Y. (Reuters) - The engineer of a New York commuter train that plowed into a vehicle this week at a suburban rail crossing picked up an injured passenger and carried him off the train as it became engulfed in flames, federal investigators said on Friday. The heroics of Metro-North engineer Steven Smalls Jr., 33, a married father of two, were described at a news conference held by the National Transportation Safety Board three days after the deadliest rail accident in the New York area in more than three decades. Six people died on Tuesday evening after the rush-hour train, traveling from New York's Grand Central Terminal, struck a Mercedes sports utility vehicle that became stuck on the wrong side of a crossing gate in the Westchester suburb of Tarrytown. After exiting the engineer's compartment moments after the crash, Smalls helped five or six passengers escape the first train carriage and then noticed a passenger who was unable to walk crawling toward the door, said NTSB member Robert Sumwalt.
A New York commuter train was traveling at 49 miles per hour when it struck an SUV at a suburban rail crossing in a fatal collision on Tuesday, a federal safety official said on Friday. The train struck the SUV four seconds after its engineer engaged its emergency brake, said Robert Sumwalt, a member of the National Transportation Safety Board which is investigating the crash, at a news conference. Five passengers and the SUV driver were killed when the Metro-North train slammed into the vehicle in suburban Valhalla, New York, during the evening rush hour.
The Labor Department's January employment report released Friday also showed a modest gain in wages, and while the unemployment rate edged up to 5.7 percent from 5.6 percent, analysts said that related more to a jump in returnees to the labor force -- a positive sign. With the economy marking the 11th straight month of 200,000-plus jobs added, "This was another incredibly strong employment report for the US," said Harm Bandholz of UniCredit. Most economists said the fresh data showed real signs of the economy gaining traction after a bumpy 2014 during which it grew a modest 2.4 percent.
In the slow process of trying to seat a jury impartial enough to fairly judge Dzhokhar Tsarnaev in the Boston Marathon bombing case, the defense attorneys have argued that their client can’t get a fair trial in Boston — though their motions to move the case out of the city have been repeatedly denied.