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Chicago-area air traffic center fire grounds 1,750 flights |
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By Mary Wisniewski and Karl Plume CHICAGO (Reuters) - A fire apparently set by an employee at a Chicago-area air traffic control center led to the cancellation of more than 1,700 flights at the city's two major airports, snarling air traffic across the United States, officials said. Flights resumed at O'Hare International Airport, one of the world's busiest, after a delay of about four hours, but there were bottlenecks across the entire air system that carriers expect to last through the weekend. ...
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Top U.S. regulators warn banks over 'Shellshock' bug |
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WASHINGTON (Reuters) - A group of top U.S. financial regulators urged banks to quickly fix their software to protect it against the "Shellshock" computer bug, saying it could expose them to fraud. Shellshock is a newly emerged major Internet threat that affects a common software tool found in many operating systems known as Bash, or Bourne-again Shell. "The pervasive use of Bash and the potential for this vulnerability to be automated presents a material risk," the Federal Financial Institutions Examinations Council said. ...
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UK talking to six banks about settling FX probe - sources |
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By Jamie McGeever and Steve Slater LONDON (Reuters) - Britain's financial regulator has intensified talks with six major banks over allegations of collusion and manipulation in the foreign exchange market, setting the stage for a group settlement that could cost them close to 2 billion pounds($3.26 billion). Britain's Financial Conduct Authority (FCA) and the lenders are keen to draw a line under a scandal that has cast London, the world's foreign exchange trading hub, in a negative light, ensnared the Bank of England and weighed on banks' share prices. ...
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Lawsuit makes for awkward start to Modi's big U.S. visit |
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By David Ingram and Andrew MacAskill NEW DELHI (Reuters) - Prime Minister Narendra Modi kicked off his maiden visit to the United States as India's leader on Friday, facing an unwelcome reminder of his once-strained relations with his host nation: a lawsuit alleging he failed to stop anti-Muslim rioting in 2002. Washington and New Delhi brushed off the suit brought in a U.S. court on the eve of Modi's arrival, saying it would not affect the visit, which includes an address at the U.N. General Assembly in New York and meetings with President Barack Obama. ...
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