Charlie Shrem, 24, pleaded guilty at a hearing in New York federal court to one count of aiding and abetting an unlicensed money transmitting business. A co-conspirator, Robert Faiella, 54, pleaded guilty to a similar charge, and both men face up to five years in prison when they appear again in court in January. "I knew that much of the business on Silk Road involved the buying and selling of narcotics," Shrem said in court. "We believe he is at least one step more removed from the heartland of illegal conduct, which is really Silk Road," the lawyer said.
Amazon.com Inc has begun using the U.S. Postal Service to deliver groceries on a trial basis in the San Francisco area, in a potential boost for the online retailer's fledgling but gradually expanding "AmazonFresh" service. The postal service began a 60-day trial in the first week of August, shipping small grocery parcels in insulated bags right to buyers' doorsteps between 3am and 7am in the morning, where demand for delivery is generally at its lowest. Depending on how things go, the partners may consider expanding beyond the city and going nationwide, a spokeswoman for the postal service said.
Turkey has arrested 19 militants affiliated with the Islamic State in its southern province of Gaziantep bordering Syria, its governor said on Thursday. Gaziantep province governor Erdal Ata vehemently denied claims that the region was being used as a rear base for IS militants, saying Turkey was doing all it can to arrest or deport suspected IS members. The governor also said police had caught suspected IS-linked jihadists coming from Europe or Caucasus, carrying backpacks, at the Gaziantep airport or at the border. He however strongly denied the claims that Gaziantep province hosted a camp of IS militants after some pictures purporting to show such a facility circulated in media outlets last week.
The Justice Department announced on Thursday it will launch a civil investigation into the police department in Ferguson, Missouri, where unarmed black teenager Michael Brown was shot and killed by a white policeman last month. The probe is the second federal investigation spurred by Brown's death at the hands of police officer Darren Wilson, which sparked days of sometimes violent protests in Ferguson. The Justice Department is simultaneously investigating possible criminal charges against the police officer who shot Brown.
BP potentially faces billions of dollars in new fines after a New Orleans judge concluded it acted with "gross negligence" ahead of the massive 2010 Gulf of Mexico oil spill. Federal court judge Carl Barbier said that the April 20, 2010 Deepwater Horizon drilling rig blowout, which killed 11 and spilled millions of barrels of oil into Gulf waters, happened because BP's US subsidiaries, along with oil-services company Halliburton and rig owner Transocean, did not take adequate care in drilling a risky well. Barbier said that the British oil giant knew that the Macondo well it was drilling, called by some working on it the "well from hell", was particularly dangerous because of the high danger of a blowout. BP's decisions throughout the drilling process qualified as "gross negligence" because they were "an extreme departure from the care required under the circumstances or a failure to exercise even a slight care."
When it comes to jobs, the number of them added for August came in lighter than expectations at 142,000 (analysts were looking for 230,000). Other data reveals plenty of help is wanted, but employers aren't hurrying to hire. We talk to University of Chicago economist Steven Davis about why firms are waiting the longest to fill job openings in 13 years, according to an index he created.
By David DeKok HARRISBURG Pa. (Reuters) - An 18-year-old youth who says he was molested several times about six years ago by now-convicted sex offender Jerry Sandusky has filed a lawsuit seeking damages from the former Penn State assistant football coach. The plaintiff, identified only as D.F, is seeking more than $50,000 in damages, plus punitive damages, from Sandusky, his former charity and Pennsylvania State University, according to the complaint. Bret Southard, lawyer for the plaintiff, said his client was not one of the 10 boys involved in the criminal case against Sandusky in June 2012, although he was interviewed by the Pennsylvania State Police that April. "It is my understanding that the attorney general is still considering bringing another set of criminal charges against Jerry Sandusky, and my client would be part of that,” Southard said Thursday.