By Jon Herskovitz AUSTIN Texas (Reuters) - Texas Governor Rick Perry will vigorously fight a two-count felony indictment returned by a state grand jury last week charging him with abuse of power, his lawyers said on Monday, calling the prosecution "outrageous." The indictment has cast a shadow over Perry's possible bid for the Republican presidential nomination, with experts predicting that legal wrangling in the case is likely to stretch into the 2016 election cycle. Perry was indicted on Friday by a grand jury in Travis County, a Democratic stronghold in the heavily Republican state, over his veto of funding for a state ethics watchdog that has investigated prominent Texas Republicans.
- World number one Serena Williams says she is back to her "best shape" to challenge for a third straight US Open crown after a depserate year in the Grand Slams. The American superstar hasn't made it past the fourth round of a major in 2014 after back trouble and a virus that contributed to a shock third-round singles exit at Wimbledon. "I'm in some of the best shape I've been in," she said.
Security experts said the hacking group, known as "APT 18," may have links to the Chinese government. "APT 18" typically targets companies in the aerospace and defense, construction and engineering, technology, financial services and healthcare industry, said Charles Carmakal, managing director with FireEye Inc's (FEYE.O) Mandiant forensics unit, which led the investigation of the attack on Community Health in April and June.
Have you ever been stung by a jellyfish and wondered to yourself how a mindless blob of tentacled sea goo possibly hurt you that much? A new video posted by SmarterEveryDay explains how jellyfishes’ tentacles are equipped with organelles called nematocysts that extend whenever they come into contact with something else and inject venom directly into it. To give us a demonstration of this, SmarterEveryDay offers us some amazing microscopic slow-motion footage of jellyfish tentacles that get stimulated with electricity a 9-volt battery. Once the tentacles get touched, we can see tiny little prickers protrude from them that would injected venom into your hand if you touched them yourself. And this explains why jellyfish stings hurt so incredibly much: They’re basically a bunch
(Reuters) - Thomas Montag will become Bank of America Corp's sole chief operating officer as co-COO David Darnell takes a new title after asking to relocate to Florida, Bloomberg reported. Darnell will serve as vice chairman and continue to oversee global wealth and investment management and business banking, Chief Executive Brian Moynihan wrote in a memo to employees, the report said. (http://bloom.bg/1tbIQhE) Montag will continue to head the investment banking and capital markets businesses, the Bloomberg report said. ...
By Michelle Chen HONG KONG (Reuters) - Offshore investors are rallying behind China's undervalued equities by plowing billions of dollars into Hong Kong's exchange-traded funds denominated in the yuan currency. As a scheme to allow more foreign inflows into Chinese stocks draws near, fund managers are wagering on a sustained rebound for the Shanghai Composite Index after a prolonged four-year slump has opened up opportunities to buy on the cheap. "There were some switchings from markets where fund managers had gained positive returns to places that they thought there could be more opportunities, and China was be one of them," said Jackie Choy, an ETF strategist at researcher Morningstar. ETFs under the Renminbi Qualified Foreign Institutional Investor (RQFII) posted significant net inflows of 8.2 billion yuan ($1.33 billion) last month, the highest since December 2012 and nearly doubling from June, according to Morningstar data.
More elephants in Africa are being killed by poachers than are born each year, and the problem may be worse than previously understood, according to the most detailed assessment yet. Using a newly refined approach to estimate elephant deaths, developed at Kenya's Samburu National Reserve, researchers said Africa's elephant population is declining at a rate of about two percent annually. "Basically, that means we are starting to lose the species," said lead author George Wittemyer, an assistant professor in the department of fish, wildlife and conservation biology at Colorado State University. According to data from the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES), about 25,000 elephants may have been poached across Africa in 2011, based on about four dozen sites being monitored.
Washington and Damascus are "not on the same page" in the fight against their common enemy the Islamic State, whose militants have declared a "caliphate" straddling swathes of Iraq and Syria, US officials said Monday. The United States has been battling IS insurgents just over the Syrian border in Iraq with a series of air strikes that began on August 8. While acknowledging that Syria and the United States shared a common enemy, State Department deputy spokeswoman Marie Harf said the two have yet to share common ground.
Shares of Japan's Skymark Airlines Inc jumped 28 percent on Tuesday after the Nikkei business daily reported that Malaysia's AirAsia Bhd is in talks with financial institutions on a possible tender offer for the struggling carrier. Skymark last month warned of uncertainty about its ability to stay in business if it had to pay penalties to Airbus for the failing to follow through on an order for six A380 superjumbos. Skymark said Airbus was demanding "an extraordinary amount of compensation" for the cancellation. Skymark's shares were up by their daily limit of 50 yen at 230 yen in early trade in Tokyo, compared with a five-year low of 153 yen set last week.
The heads of Britain's largest companies earned 143 times as much as their average employee last year, a study said, exposing the growing pay gap between bosses and workers. The British government has brought in laws to curb executive pay and bonuses since the financial crisis, but a severe squeeze on wage growth has fuelled public anger about highly-paid senior executives. "When bosses make hundreds of times as much money as the rest of the workforce, it creates a deep sense of unfairness," said Deborah Hargreaves, director of the High Pay Centre think-tank, which wrote the report. The largest pay gap was at mining group Randgold Resources, where boss Mark Bristow was paid Â£4.4 million ($7.36 million, 5.5 million euros) last year -- 1,500 as much as his average employee.
Police in Northern Ireland have rescued 20 possible victims of human trafficking in an investigation into labour exploitation, authorities said on Tuesday. Three suspects aged 23, 27 and 31 were arrested on suspicion of "human trafficking, forced labour and slavery and money laundering" the Police Service of Northern Ireland said. The investigation is "linked to food production", police said, and translators have been flown to Northern Ireland from England to cope with the number of victims. "The 20 people we have identified as potential victims of human trafficking for labour exploitation are in places of safety now.