UNITED STATES

At Issue: Bank Fees

Bank of New York Mellon Adds Fee for $50 Million-plus Accounts

The Bank of New York Mellon announced Thursday that it will start charging large customers a small fee for taking their deposits. Starting August 8, clients with $50 million or more will be charged 0.13 percentage points for balances 110 percent above their average balance.
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Key-man Corzine unlocks value for MF Global

NEW YORK, Aug 4 - Since spinning off from Man Group plc in 2007, MF Global has had a tough time of it. But after reporting its first profitable quarter in a year and pricing a difficult bond offering, the broker-dealer looks on its way to better days, thanks in part to one key appointment last year.
U.S. President Barack Obama

Obama Announces Plan to Avert Genocide, War Crimes

President Barack Obama took steps to strengthen America's policing of war crimes on Thursday, issuing a proclamation that bars some human rights violators from entering the country, and that also sets up a board to try and anticipate imminent mass atrocities.
McAfee

U.S. Questions Cyber-Enemies Blamed in 'RAT' Security Breach, China Silent

A five-year campaign 'Operation Shady RAT' that compromised networks in 72 major organizations around the world, including several governments, ASEAN, IOC and the world anti-doping agency, made news Tuesday. Government agencies in India, South Korea, Taiwan, and the U.S. were attacked, plus high-profile targets like the International Olympic Committee.
Virginia Tech

Virginia Tech Lockdown Brings Back Ghost of 2007 Shooting

The Virginia Tech campus was under lockdown, Thursday morning, after an alert posted on the official campus website warned that a gunman had been sighted in campus, bringing back memories of the 2007 shooting that left 33 dead.
U.S. Rep.  Michele Bachmann, R-Minnesota

Analysis: Republican leaders heed Tea Party but risk backlash

Emboldened by concessions wrung from their own leadership and President Barack Obama during the debt limit fight, Tea Party-affiliated lawmakers will likely remain a driving force in the Republican Party -- and possibly induce gridlock until the 2012 elections.
Louis Oosthuizen of South Africa putts on the tenth green during the second round of the British Open golf championship at Royal St George's in Sandwich

Oosthuizen eyes Firestone boost after car crash

Former British Open champion Louis Oosthuizen is looking for a spark to reignite his game at this week's WGC-Bridgestone Invitational after escaping injury in a traffic accident while preparing for the tournament.
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VeriFone, Hypercom gets antitrust nod

The Justice Department on Thursday cleared VeriFone Systems Inc's purchase of Hypercom Corp , after the companies found another buyer for its the point-of-sale terminals business, a private equity-backed group.
A day labourer stands behind a sign for an employment center in San Diego

Strapped states chop jobless aid

U.S. states are making "unprecedented" cuts to unemployment benefit programs, hoping to keep their budgets in line as the country's jobless rate shows no sign of budging, according to a report the National Employment Law Project released on Wednesday.
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Germany Wants to Halt Facebook Facial Recognition

Johannes Caspar, data protection supervisor in Hamburg, Germany, has asked Facebook to stop running its facial recognition feature on German users and to delete their biometric data, reported UK paper Guardian.
File photo of salmonella bacteria

Scientists find new superbug strain of salmonella

Scientists have identified an emerging "superbug" strain of salmonella that is highly resistant to the antibiotic ciprofloxacin, or Cipro, often used for severe salmonella infections, and say they fear it may spread around the world.

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