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Friday, Sep 04th

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EPA knew of 'blowout' risk for tainted water at gold mine

gold mine wasteInternal documents released late Friday show managers at the U.S. Environmental Protection Agency were aware of the potential for a catastrophic "blowout" at an abandoned mine that could release "large volumes" of wastewater laced with toxic heavy metals.

EPA released the documents following weeks of prodding from The Associated Press and other media organizations. EPA and contract workers accidentally unleashed 3 million gallons of contaminated wastewater on Aug. 5 as they inspected the idled Gold King Mine near Silverton, Colorado.

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White supremacist convicted in plot to kill Obama with 'death ray' device

White supremacist convictedA New York white supremacist was convicted by a federal jury on Friday of plotting to use a remote-controlled radiation device he called “Hiroshima on a light switch” to harm Muslims and President Barack Obama.

After less than three hours of deliberation in US district court in Albany, New York, the jury unanimously found Glendon Scott Crawford guilty of all three charges against him.

Crawford, 51, wearing a gray suit and eyeglasses, showed no emotion as judge Gary Sharpe read the verdict.

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Stocks Fall Most in 4 Years as China Dread Sinks Global Markets

Stocks fallInvestors are selling the biggest winners of 2015. Companies that have come to be known as the Fab Five -- Netflix Inc., Facebook Inc., Amazon.com Inc., Google Inc. and Apple Inc.--have seen $97 billion in market value erased over two days.

Losses have pushed the Nasdaq 100 Index down 7 percent, the biggest two-day decline since 2008. Apple entered a bear market, dropping 20 percent from a February high.

To Apple and energy shares already snared in a bear market, add semiconductor stocks. Meanwhile, the Dow joins biotechnology, small-caps, media, transportation and commodity companies in a correction.

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Unarmed US marines foil attack by Moroccan gunman on high speed train from Amsterdam to Paris

Terror on traingroup of unarmed US Marines on board a high-speed train between Amsterdam and Paris foiled a terrorist attack after a gunman opened fire with an assault rifle, wounding three people.

The 26-year-old Moroccan national, who was known to security services, came out of the toilet brandishing the gun and opened fire. Fortunately, two US Marines were nearby and overpowered him before he could massacre passengers.

The suspected terrorist had at least nine full magazines of ammunition holding almost 300 rounds. He was also carrying a knife.

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How banks hid billions in trades from US regulators

Gary GenslerThis spring, traders and analysts working deep in the global swaps markets began picking up peculiar readings: Hundreds of billions of dollars of trades by U.S. banks had seemingly vanished.

“We saw strange things in the data,” said Chris Barnes, a former swaps trader now with ClarusFT, a London-based data firm.

The vanishing of the trades was little noted outside a circle of specialists. But the implications were big. The missing transactions reflected an effort by some of the largest U.S. banks — including Goldman Sachs, JP Morgan Chase, Citigroup, Bank of America, and Morgan Stanley — to get around new regulations on derivatives enacted in the wake of the financial crisis, say current and former financial regulators.

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Fracking Fight Heats Up in Ohio

Students in Ohio fight frackingWith the oil and gas industry already reveling in a recent Ohio Supreme Court decision stripping local control on fracking and other extraction activities away from communities, the Secretary of State has now handed the industry another victory, opening the door for fracking infrastructure projects to spread even faster across Ohio.

In a decision issued August 13, Ohio Secretary of State Jon Husted blocked citizens from voting on Home Rule Charter initiatives which include provisions on fracking infrastructure development.

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Chinese Birth Tourism in U.S. Strong

Chinese birth tourismter and Ellie Yang, by all outward appearances, are living the Beijing dream. They have a condo in an up-and-coming area, a white Honda that Peter keeps immaculate and a rambunctious one-year-old son, Xiongxiong.

They wear brand-name jeans and own separate iPhone 6s. On holidays, they go to Sanya — "China's Hawaii" — as well as Hong Kong and Japan. On weekends, they eat out and take hikes in the Fragrant Hills outside Beijing. It's enough to make them the envy of many. But when Ellie found out she was pregnant in 2014, Peter said he wanted to have their second child in America. "It's for him to get a good education," Peter says. "But it's also for us — to find business opportunities and to make friends. Chinese who do this tend to be well-connected."

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Islamic State destroys 5th-century Syrian monastery

Isis destroys ancient monastaryIslamic State has demolished an ancient monastery in central Syria, according to a priest and activists.

The extremist group posted photos on social media showing bulldozers destroying the Saint Eliane monastery near the town of Qaryatain, which Isis captured this month.

A Christian clergyman, who spoke on Friday on condition of anonymity for fear of reprisals, said Isis militants also wrecked a an Assyrian Catholic church inside the monastery that dates to the first Christian centuries.

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Federal workers with sensitive jobs used Ashley Madison cheating site

Ashley MadisonU.S. government employees with sensitive jobs in national security or law enforcement were among hundreds of federal workers found to be using government networks to access and pay membership fees to the cheating website Ashley Madison, The Associated Press has learned.

The list includes at least two assistant U.S. attorneys, an information technology administrator in the White House’s support staff, a Justice Department investigator, a division chief, and a government hacker and counterterrorism employee at the Homeland Security Department. Others visited from networks operated by the Pentagon.

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