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| Sixteen bodies found in gang-ravaged Mexican state of Tamaulipas | | Tuesday, May 20, 2014 3:17 AM | |
| | Mexican authorities said on Monday they had found 16 bodies in the northern state of Tamaulipas, where a battle between drug gangs has sparked a wave of bloody shootouts and massacres. Earlier this month, a commander of a new elite investigative unit was killed by other police just two months after assuming his post. |
| U.S. accuses China of cyber spying on American companies | | Tuesday, May 20, 2014 3:08 AM | |
|  By Jim Finkle, Joseph Menn and Aruna Viswanatha REUTERS - The United States on Monday charged five Chinese military officers and accused them of hacking into American nuclear, metal and solar companies to steal trade secrets, ratcheting up tensions between the two world powers over cyber espionage. China immediately denied the charges, saying in a strongly worded Foreign Ministry statement the U.S. grand jury indictment was "made up" and would damage trust between the two nations. Officials in Washington have argued for years that cyber espionage is a top national security concern. The indictment was the first criminal hacking charge that the United States has filed against specific foreign officials, and follows a steady increase in public criticism and private confrontation, including at a summit last year between U.S. President Barack Obama and Chinese President Xi Jinping.
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| U.S. authorities probe bitcoin exchanges over illegal transactions - WSJ | | Tuesday, May 20, 2014 1:14 AM | |
|  (Reuters) - Several bitcoin exchanges including the now-defunct Mt. Gox received subpoenas from Manhattan federal prosecutors this winter as they look into possible ties between the exchanges and the online drug market Silk Road, the Wall Street Journal reported on Monday, citing people familiar with the matter. The subpoenas to Mt. Gox demanded customer-transaction logs and materials related to solicitation of investors. The prosecutors and Federal Bureau of Investigation agents are examining whether the exchange and others like it may have processed transactions connected to Silk Road, the people said. The investigation was at an early stage and there were no conclusions yet on whether the exchanges were connected with Silk Road, one of the people familiar with the matter told the paper.
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| U.S. appeals court rejects BP bid to undo ruling in oil spill case | | Tuesday, May 20, 2014 1:11 AM | |
|  A U.S. appeals court will not revisit a decision to reject BP Plc's bid to block businesses from recovering money over the 2010 Gulf of Mexico oil spill, even if those businesses could not trace their economic losses to the disaster. The 5th U.S. Circuit Court of Appeals in March voted 2-1 to authorize payments on so-called business economic loss claims, and said an injunction preventing payments should be lifted. BP asked the entire 5th Circuit to rehear the case.
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| No budget, no elevators: political crisis gums up Thai government | | Tuesday, May 20, 2014 1:04 AM | |
|  By Alan Raybould BANGKOK (Reuters) - Bangkok's Government House, the seat of power in the heart of the Thai capital, has stood empty for six months, except for the troops guarding it from protesters who want to oust the administration and overhaul Thailand's democracy. The prime minister's office, cabinet meeting room and the rest of the premises housing the apparatus of government remained shut. Thailand has been without a properly functioning government since December, and the strain is starting to show, from a failure to draw up a state budget to civil servants' complaints of an inability to fix ministry elevators. Bangkok has all but withdrawn from the international stage, with the country led by a caretaker prime minister unable to take foreign policy decisions, travel on state business or officially receive international leaders.
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| Credit Suisse pleads guilty to U.S. criminal charge in tax probe | | Tuesday, May 20, 2014 12:10 AM | |
|  By Aruna Viswanatha, Douwe Miedema and Karen Freifeld WASHINGTON/NEW YORK (Reuters) - Swiss bank Credit Suisse on Monday pleaded guilty to a criminal charge for its role in helping Americans dodge taxes, U.S. Attorney General Eric Holder said, and will pay more than $2.5 billion as part of an agreement with U.S. authorities. U.S. prosecutors criminally charged Credit Suisse and two of its units, saying the bank helped clients deceive U.S. tax authorities by concealing assets in illegal, undeclared bank accounts, in a conspiracy that spanned decades.
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| U.S. prosecutors file criminal charges against Credit Suisse | | By Aruna Viswanatha, Karen Freifeld and Oliver Hirt WASHINGTON/NEW YORK/ZURICH (Reuters) - U.S. prosecutors criminally charged Credit Suisse and two of its units with conspiring to willfully help Americans evade taxes, and the Swiss bank is expected to plead guilty later on Monday. Credit Suisse is expected to pay more than $2.5 billion to the U.S. Department of Justice, the Federal Reserve and the New York State Department of Financial Services to settle the charges. The Justice Department has not frequently pursued such convictions of financial firms, especially global companies that could become destabilized following an indictment. Chief Executive Brady Dougan, who has come under pressure from Swiss politicians to resign, and Chairman Urs Rohner, would both stay in their jobs as part of the settlement, a person close to Credit Suisse said on Monday.
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