NEW YORK (Reuters) - Bitcoin promoter Charlie Shrem pleaded guilty on Thursday to operating an unlicensed money transmitting business, resolving U.S. charges that he helped to sell more than $1 million of the digital currency to users of the illicit online drug marketplace Silk Road. Shrem and his accused co-conspirator, Robert Faiella, pleaded guilty at a hearing in New York federal court as part of a deal struck with prosecutors from the office of Manhattan U.S. Attorney Preet Bharara. (Reporting by Joseph Ax; Editing by Diane Craft)
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.
BAGHDAD (Reuters) - A car bomb killed 12 people and wounded 30 in Baghdad's mainly Shi'ite Muslim Kadhamiya neighbourhood on Thursday evening, police said. The explosion was the fourth attack in Shi'ite districts of the capital in two weeks. "Cars are set ablaze...this place has been targeted several times as it's very crowded," a policeman near the blast scene said. He said the bomb detonated near shops and restaurants. (Reporting by Raheem Salman; Writing by Oliver Holmes, Editing by Angus MacSwan)
A prime suspect in the kidnapping and murder of three Israeli teenagers in the West Bank has been charged with organising and financing the crime, Israeli security officials said Thursday. The deaths, which Israel immediately blamed on Hamas, triggered a series of events that led to a devastating 50-day war in Gaza that killed more than 2,100 Palestinians and 71 Israelis. Israel's internal security service Shin Bet accused Hossam Qawasmeh, who was arrested on July 11, of organising the June 12 kidnapping and spending some 220,000 shekels ($61,300, 47,200 euros) on weapons and cars used in the crime. According to the charge sheet seen by AFP, Qawasmeh was charged in a military court for "transferring enemy funds", carrying out services for an illegal organisation (Hamas) and "deliberately causing the death" of the three Israelis.
President Barack Obama tapped Silicon Valley for two key positions on his technology policy team on Thursday, naming Megan Smith from Google as his chief technology officer and Alexander Macgillivray, formerly of Twitter, as a deputy. Smith was vice president of the "Google X" lab that worked on projects like driverless cars and Google Glass eyewear, and led acquisitions for the company like Picasa and Google Maps.