Malaysia Palm Oil Rises on Concern Supply May Not Keep Pace With Demand

(Bloomberg) -- Palm oil futures in Malaysia, the
world's largest grower last year, gained on concern that supply
may not keep pace with overseas demand for the tropical oil.

The Southeast Asian nation exported 799,579 metric tons of
bulk palm oil between May 1 and 20, compared with 789,644 tons
in the same period last month, Societe Generale de Surveillance
said in a report yesterday.


Read more at Bloomberg Commodities News

BOJ minutes show members watching land price rises

(Reuters) - "While prices of land are generally set in a way that is
consistent with expected returns, close attention should be paid
to asset price moves and their effect on economic activity," many
members were quoted as saying.




The nine-member board voted unanimously at the meeting to
keep the overnight call rate target unchanged at 0.50 percent.


Read more at Reuters.com Bonds News

Silicon Valley Stocks Reach Six-Year High, Led by Apple, Hewlett-Packard

(Bloomberg) -- An index of Silicon Valley stocks
reached a six-year high today, led by Apple Inc., Hewlett-
Packard Co. and Electronic Arts Inc.

The Bloomberg Silicon Valley Index, a price-weighted list
of companies with significant business in the region, gained
2.83, or 0.5 percent, to 599.56, after touching 603.38, its
highest since Nov. 8, 2000. Advancing stocks outnumbered those
that declined 25 to eight, with none unchanged.


Read more at Bloomberg Stocks News

Apollo Group, Dynegy, MGM, Pacific Sunwear, Pride: U.S. Equity Preview

(Bloomberg) -- The following is a list of companies
whose shares may have unusual price changes in U.S. exchanges
today. This preview includes news that broke after exchanges
closed yesterday. Stock symbols are in parentheses after company
names.

American Science & Engineering Inc. (ASEI US) rose $3.14,
or 6.5 percent, to $51.12 in trading after the official close of
U.S. exchanges. The maker of X-ray systems used to detect
explosives said excluding some items, it earned 83 cents a share
in the fourth quarter. That topped the 80 cent average estimate
from seven analysts in a Bloomberg survey.


Read more at Bloomberg Stocks News

NTT Sells 100 Billion Yen in Bonds at 13 Basis Points Above Sovereign Debt

(Bloomberg) -- Nippon Telegraph & Telephone Corp.,
Japan's largest phone company, sold 100 billion yen ($823 million)
in 10-year bonds after its debt rating was raised to the same
level as the nation's government debt.

Tokyo-based NTT priced the bonds to yield 14 basis points
more than sovereign debt with a similar maturity, said a banker at
Nomura Holdings Inc., one of the managers of the sale. NTT had
offered investors a spread ranging from 13 to 15 basis points.


Read more at Bloomberg Bonds News

Japan's Government Bonds Gain as Buyers to Match Change in Benchmark Index

(Bloomberg) -- Japan's government bonds rose, ending
a two-day slide, on speculation investors will purchase the
securities to match a change in a benchmark index.

Nomura Securities Co. is forecast to extend the duration of
its Bond Performance Index by almost twice as much in June as
this month, prompting buying by pension funds and other money
managers. Japan's bonds also gained after U.S. Treasuries
yesterday rose for the first day in seven as yields near a
three-month high attracted investors.


Read more at Bloomberg Bonds News

Asian Stocks Climb to One-Week High; Sumitomo Mitsui, BHP Billiton Rise

(Bloomberg) -- Asian stocks rose to the highest in a
week after Sumitomo Mitsui Financial Group Inc. forecast higher
profit this year and prices of metals and crude oil climbed.

Sumitomo Mitsui, Japan's No. 3 bank by assets, jumped by
the most in seven weeks after it predicted a 22 percent gain in
net income this year. BHP Billiton Ltd. advanced after copper
prices in New York surged the most in a month and oil rose to a
three-week high.


Read more at Bloomberg Stocks News

Boeing starts assembly of 787 Dreamliner

(Reuters) - In building the company's first all-new plane in more than a decade, Boeing has changed everything from what materials it uses to how it constructs the 787, which is slated for its first test flight in late August and delivery next May.




Boeing has outsourced most of the 787's manufacturing to firms in Japan, Italy, South Carolina and elsewhere, while the company itself is concentrating on putting the plane together at its cavernous main facility in Everett, near Seattle.


Read more at Reuters.com Business News

South Korea's Kospi Rises to Record, Led by Samsung; SK Telecom Slides

(Bloomberg) -- South Korean stocks advanced, raising
the Kospi index to a record for a second day. Samsung Electronics
Co. and Hynix Semiconductor Inc. climbed as investors judged
recent losses excessive.

SK Telecom Co. dropped after Woori Investment & Securities
Co. said telecoms' marketing costs will damp second-half growth.


Read more at Bloomberg Stocks News

Japan's Topix Advances; Banks Rise on Earnings Expectations, Inpex Gains

(Bloomberg) -- Japan's Topix index advanced, led by
banks, after Sumitomo Mitsui Financial Group Inc. forecast
profit will increase for this business year.

Commodity-related shares such as Inpex Holdings Inc. rose
after the price of crude oil gained.


Read more at Bloomberg Stocks News

Amazon stock up on Citigroup note

(Reuters) - Citigroup, which also repeated its "hold" rating on the stock, cited the company's strong outlook.




"Optimistic remarks from Citi and a short squeeze resulting from Amazon.com shares climbing to a seven-year high fuelled a sharp increase in its options volume," said Paul Foster, an options strategist at Web information site theflyonthewall.com in Chicago.


Read more at Reuters.com Hot Stocks News

Neilson's Platinum Asset Shares Will Surge on Debut, Credit Suisse Says

(Bloomberg) -- Shares of Kerr Neilson's Platinum
Asset Management Ltd., Australia's biggest hedge fund, may rise
as much as 37 percent when they start trading on the Australian
Stock Exchange tomorrow, Credit Suisse Group said.

Platinum sold A$561 million ($462 million) of shares to
individuals at A$5 each. The asset manager, which invests in
international stocks and oversees A$22.2 billion, is worth A$6.85
a share, Credit Suisse analyst Arjan van Veen estimates.


Read more at Bloomberg Stocks News

Australian Dollar Advances on Investor Appetite for Higher Yielding Assets

(Bloomberg) -- The Australian dollar advanced,
snapping five days of losses, as a rising appetite for risky
investments lured traders to the nation's higher yielding assets.

The currency rose as stock markets from China to the U.S.
climbed yesterday, suggesting investors are searching for higher
returning assets. The local dollar gained against 14 of the 16
most-actively traded currencies this year as investors have been
attracted to Australia's key borrowing cost at a six-year high of
6.25 percent, 1 percentage point above the U.S. rate.


Read more at Bloomberg Currencies News

U.S. lawmakers urge FCC to approve Tribune deal

(Reuters) - Under current media ownership rules, a company cannot own a
daily newspaper and a television or radio station in the same
market although media companies do under agency waivers.




Tribune has such arrangements in Fort Lauderdale, Hartford,
Los Angeles and New York and earlier this month asked the
agency to waive restrictions that could prevent it from owning
television station and newspapers in the same city.


Read more at Reuters.com Bonds News

Utah joins regional climate fight

(Reuters) - At a meeting of the two Republican governors in Salt Lake
City, Utah joined the Western Regional Climate Action
Initiative with California, Arizona, New Mexico, Oregon,
Washington and the Canadian province of British Columbia.




Schwarzenegger is campaigning with other states for actions
to cut emissions of carbon dioxide and other gases that
scientists have linked to global warming, charging the federal
government is moving too slowly on environmental problems.


Read more at Reuters.com Bonds News

Pacific Sunwear posts quarterly net loss

(Reuters) - The operator of PacSun, the largest mall-based chain of surfing-inspired apparel stores, reported a first quarter net loss of $5.1 million, or 7 cents per share, compared with a year-ago net profit of $11.9 million, or 16 cents per share.



Results for the quarter included 3 cents per share in costs for closing 74 demo stores.


Read more at Reuters.com Market News

Alltel stock jumps on $25-billion buyout

(Reuters) - The agreement closed months of speculation over a possible deal for Alltel, but questions were raised over the bid process.




Sources familiar with the situation said on Monday that Alltel accepted the takeover instead of completing an auction that had attracted at least two other teams of suitors.


Read more at Reuters.com Hot Stocks News

UPDATE 1-Democrat Richardson joins crowded White House race

(Reuters) - LOS ANGELES, May 21 - New Mexico Gov. Bill
Richardson on Monday officially joined the crowded Democratic
field for the 2008 presidential nomination in a longshot bid to
become the first Hispanic to occupy the White House.




Richardson launched his bid in California, the state with
the largest Hispanic population and a pivotal player in the
November 2008 election thanks to an early February primary.


Read more at Reuters.com Bonds News

FACTBOX: Nearly 200 million people have diabetes

(Reuters) - Here are some facts about diabetes:




-- At least 194 million people worldwide have diabetes. The World Health Organization expects the number to rise to more than 300 million by 2025.


Read more at Reuters.com Business News

TREASURIES-Bond bulls lift prices, offset China worries

(Reuters) - NEW YORK, May 21 - U.S. Treasury debt prices were
mostly higher on Monday, erasing earlier losses, as bond bulls
defended their positions and countered worries that China may
buy less Treasuries and more stocks with their dollar
reserves.




Blackstone Group said China's investment agency planned to
take a stake worth $3 billion, or 10 percent, in the U.S.
private equity firm as it seeks higher returns in booming
private equity.


Read more at Reuters.com Bonds News

FDA says reviewing risks of Glaxo diabetes drug

(Reuters) - "FDA has not confirmed the clinical significance of the reported increased risk in the context of other studies," Meyer told reporters during a conference call.




"Further, the FDA does not know whether the other approved treatments in the same class of drugs ... have less, the same, or other greater such risks," he said.


Read more at Reuters.com Business News

Sugar Rises Most in 2 Months as Brazil Currency Gain May Reduce Exports

(Bloomberg) -- Sugar in New York rose the most in
more than two months on speculation that exports from Brazil,
the largest producer, may slow as mills focus on meeting
domestic demand for sweeteners and crop-based fuel.

Mills in Brazil are curbing exports after prices fell to a
23-month low last week and the local currency rallied, reducing
the value of sales paid for in dollars, said Michael McDougall,
senior vice president for Fimat USA LLC in New York. Brazil's
real has risen 10 percent this year, the biggest advance among
the 16 most-actively traded currencies against the dollar.


Read more at Bloomberg Commodities News

World Oil Consumption May Contract as Economic Growth Slows, CGES Predicts

(Bloomberg) -- High petroleum prices may cause world
oil consumption to contract as economic growth slows, a London-
based consultant said.

While the global economy has been growing at an annual rate
of more than 4 percent, oil demand will increase less than 1
percent in 2007, about half the normal rate, the Centre for
Global Energy Studies said in its monthly report.


Read more at Bloomberg Energy News

Wheat Rallies as Dry Weather May Damage Crops in Eastern Europe, Australia

(Bloomberg) -- Wheat rose in Chicago, gaining for
the first session in four, on speculation that unusually dry,
warm weather in eastern Europe and Australia may damage crops
and reduce global production.

Dry weather is threatening crops in Ukraine, southwestern
Russia and parts of Moldavia, Romania and Bulgaria, said Drew
Lerner, president of World Weather Inc. in Kansas City, Kansas.
About 30 percent of the crop in Australia, the third-biggest
exporter, remains at risk from drought conditions, Lerner said.


Read more at Bloomberg Commodities News

EMI agrees to $4.7 billion Terra Firma offer

(Reuters) - The offer of 265 pence a share sent EMI's stock up to close 9.3 percent higher at 271 pence, indicating investors thought a higher counterbid was possible.




A source familiar with the deal told Reuters that Terra Firma intended to keep EMI intact, retain existing management and proceed with plans to securitize the company's reliable music publishing assets.


Read more at Reuters.com Bonds News

Williams shares soar on unit sale

(Reuters) - Williams, which wants to focus more on its natural gas businesses, said the sale will reduce its risk and lower its borrowing costs. Proceeds from the deal will be largely offset by income taxes, resolution of retained liabilities and transaction costs, Williams said.




Investors cheered the sale, sending Williams shares up more than 7 percent, or the largest one-day gain in nearly a year, in trading on the New York Stock Exchange.


Read more at Reuters.com Hot Stocks News

Fifth Third to buy R&G's Crown Bank

(Reuters) - The purchase will add 30 branches in the state, giving Fifth Third roughly 130, and three in Augusta, Georgia. Crown has about $3 billion of assets.




Kevin Kabat, who became Fifth Third's chief executive last month, called the transaction "an opportunity to expand our presence in some very attractive markets."


Read more at Reuters.com Mergers News

UPDATE 1-Westell sees Q1 loss, to outsource some operations

(Reuters) - The broadband access product provider plans to move the
manufacturing of customer networking equipment and network
service equipment to offshore suppliers, affecting about 300
employees at its Aurora, Illinois facility, it said in a
statement.




Westell expects expenses of 8 cents a share in fiscal 2008
from the move. The product cost savings in fiscal 2009 are
expected to exceed the one-time costs related to outsourcing,
the company said.


Read more at Reuters.com Market News

Nordic Benchmark Indexes Rise, Led by Statoil, Norsk Hydro; Telenor Gains

(Bloomberg) -- Nordic stocks advanced, led by Statoil
ASA and Norsk Hydro ASA, the largest oil and gas producers in the
region, as crude oil traded close to $65 a barrel in New York.

Telenor ASA, Norway's largest phone company, also gained.


Read more at Bloomberg Stocks News

Alltel bonds hit widest levels this year on buyout

(Reuters) - "The $24.7 billion buyout by Goldman et al will be a blow
to credit quality because of a rise in leverage," according to
Egan-Jones Rating Co. "With a buyout, a 'BB' rating is
reasonable."




Alltel Corp. is rated "A-minus" by Standard & Poor's, which
is four levels above junk. Egan-Jones said its corporate bond
rating for Alltel may slip one notch to "BB," or two levels
below investment-grade, from "BB+" after an agreement to be
bought by TPG Capital and Goldman Sachs for about $25 billion,
Egan-Jones said.


Read more at Reuters.com Mergers News

UPDATE 1-IXEurope says receives approaches, boosts shares

(Reuters) - The company, which has 14 data centres in four countries,
said a further announcement would be made in due course. A
spokesman said he would not elaborate on the statement.




The shares were up 8 percent at 124 pence by 1431 GMT,
valuing it at 224 million pounds .


Read more at Reuters.com Mergers News

Telecom antitrust suit can't proceed-Top US court

(Reuters) - "We hold that such a complaint should be dismissed,"
Justice David Souter wrote for the court majority.




At issue is a class action lawsuit against Bell Atlantic,
which contends that lack of competition for local telephone
service and "parallel conduct" of the regional Bells were
evidence of an antitrust conspiracy.


Read more at Reuters.com Mergers News

Nasdaq service aims to match directors, companies

(Reuters) - Board Recruiting is the latest in a series of added services the exchange has been offering to companies, including its press release distribution service Prime Newswire and insurance for directors and officers.




"We are focused on providing incremental value to our issuer companies," said Nasdaq Chief Executive Robert Greifeld at an investor conference on Monday. "That fits into the broad context of let's make sure that we can do more and more things for the people that are natural points of contact in our issuer companies."


Read more at Reuters.com Business News

Man United may scrap securitization plans -source

(Reuters) - The top club in England's Premier League has appointed Royal
Bank of Scotland of debt into a bond, using future ticket
sales as collateral.




But now, Manchester United and the controlling Glazer
family, is also considering a quick leveraged recapitalization,
similar to the one it carried out last August, under which the
most expensive debt tranches would be eliminated, increasing
senior debt, the source said.


Read more at Reuters.com Bonds News

Atlas America, Lowe's, Monster, Williams, Congoleum: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 10:10 a.m. New York time.

Alltel Corp. (AT US) rose $4.69, or 7.2 percent, to $69.90
and traded as high as $70.45. Goldman Sachs Group Inc. and TPG
Inc. agreed to buy Alltel for about $24.7 billion in the largest
leveraged buyout of a telecommunications company. Investors will
get $71.50 a share, the mobile-phone company said in a statement.
The offer is 9.6 percent more than Alltel's last closing price.
Including debt, the bid values Alltel at $27.5 billion.


Read more at Bloomberg Stocks News

Westell Tech Q4 earnings fall, to outsource some operations

(Reuters) - During the fourth quarter, net income fell to $0.6 million,
or 1 cent a share, from $2.5 million, or 4 cents a share, in
the year-ago period, it said.





Read more at Reuters.com Market News

Lindt boosted by rumors could be bought by Cadbury

(Reuters) - "That has bolstered the shares," one trader said.




Shares in the group had risen some 2.5 percent to 3,248 Swiss francs by 1304 GMT, adding to the 5.35 percent gained so far this year.


Read more at Reuters.com Hot Stocks News

Fannie Mae to sell $3.5 billion bills on Wednesday

(Reuters) - Bids will be accepted from authorized dealers from 9:00
a.m. , until 9:45 a.m. .




Settlement is May 23-24.


Read more at Reuters.com Bonds News

Oil Is Steady as U.S. Refineries Boost Gasoline Production for the Summer

(Bloomberg) -- Crude oil was little changed in New
York, above $65 a barrel, as refineries stepped up production of
gasoline to meet increased demand for summer.

U.S. refineries have boosted fuel production in recent weeks
after disruptions earlier in the year cut output. Gasoline
inventories rose to 195.2 million barrels the week ended May 11,
the second consecutive weekly increase, according to a U.S.
Energy Department report on May 16. The increase left supplies
7.5 percent below the five year average.


Read more at Bloomberg Energy News

CVS/Caremark to sell $5.5 bln debt in three parts

(Reuters) - The three-part sale could be priced as early as Monday or
Tuesday, the source added.




The joint lead managers on the sale are Lehman Brothers,
Morgan Stanley, Banc of America Securities, Bank of New York
and Wachovia Bank.
)


Read more at Reuters.com Bonds News

Cytyc, Hologic shares up after deal

(Reuters) - Cytyc shares ended at $35.05 on Friday.




Read more at Reuters.com Hot Stocks News

UPDATE 3-Blackstone sets IPO, China to take stake

(Reuters) - In a filing with the U.S. Securities and Exchange
Commission, the private equity firm said it plans to offer
133.3 million common units at $29 and $31 each, for proceeds of
$3.87 billion to $4.13 billion. The IPO may grow to $4.75
billion if another 20 million units are sold to meet demand.




Blackstone announced the terms one day after saying China
would take a $3 billion stake at a 4.5 percent discount to the
IPO price. Beijing would hold its shares for at least four
years.


Read more at Reuters.com Bonds News

U.S. Notes Are Little Changed Near Three-Month Highs on Outlook for Growth

(Bloomberg) -- U.S. 10-year notes were little changed
as last week's decline, which pushed yields to near the highest
in three months, attracted investors who are betting on slower
economic growth and lower interest rates.

Treasuries fell the most since January last week, with 10-
year yields climbing to 4.81 percent, approaching the 2007 high
of 4.90 percent reached on Jan. 26. U.S. notes erased earlier
gains after a rise in European equities dimmed the allure of
fixed income assets and prompted traders to pare bets the Federal
Reserve will cut interest rates this year.


Read more at Bloomberg Bonds News

UPDATE 1-Lowe's posts lower net, cuts year forecast

(Reuters) - Earnings came to $739 million, or 48 cents a share, for the
first quarter that ended May 4, down 12 percent from $841
million, or 53 cents share, a year earlier.




Analysts on average expected 49 cents a share, according to
Reuters Estimates.


Read more at Reuters.com Market News

Argentine, Brazilian, Chilean Pesos: Latin American Currency Preview

(Bloomberg) -- The following events and economic
reports may influence trading in Latin American currencies today.
Exchange rates are from the previous week.

Argentine peso: Industrial production rose 6.8 percent in
April from a year earlier, down from 7 percent in March, the
national statistics agency said on May 18. That compared with a
median forecast of a 7 percent increase in a Bloomberg survey of
nine economists.


Read more at Bloomberg Currencies News

UK real estate agent Foxtons sold for $770 mln

(Reuters) - The sale, which includes mortgage adviser Alexander Hall
Associates, was for about 390 million pounds ,
people familiar with the situation said. Foxtons' U.S. business
is not part of the deal.




The transaction marks the first acquisition for BC Partners
since last August and comes as UK mortgage lending slowed in
April following four interest rate rises since August to 5.5
percent.


Read more at Reuters.com Bonds News

SonoSite files with SEC for $225 mln mixed shelf

(Reuters) - Under a shelf registration, a company may sell securities
in one or more separate offerings with the size, price and
terms to be determined at the time of sale.




Read more at Reuters.com Government Filings News

Global Stocks May Rise Another 7 Percent, Buoyed by Earnings, Lehman Says

(Bloomberg) -- Global stocks will probably advance 7
percent in 2007 from current levels, buoyed by earnings growth,
according to Lehman Brothers Holdings Inc.

``We remain bullish on the outlook for global equities,''
Ian Scott, a London-based equity strategist at Lehman Brothers,
the fourth-largest U.S. securities firm by market value, wrote in
a report dated today. ``Cash returned to shareholders remains
exceptionally high, while earnings continue to surprise on the
upside.''


Read more at Bloomberg Stocks News

European Mining Stocks Advance, Paced by BHP, Xstrata; Michelin Declines

(Bloomberg) -- European mining stocks rose, led by
BHP Billiton Ltd. and Xstrata Plc, after metal prices climbed.
Benchmarks in the region were little changed.

Some of the region's biggest companies including Societe
Generale, Axa SA, and STMicroelectronics NV weighed on indexes as
the shares traded without the right to their latest dividend.
Michelin & Cie. led tiremakers lower after rubber futures gained.


Read more at Bloomberg Stocks News

U.S. Stock-Index Futures Are Little Changed; Pfizer Declines, Amgen Rises

(Bloomberg) -- U.S. stock-index futures were little
changed as investors speculated the pace of gains that has taken
the Dow Jones Industrial Average to a 24th record this year may
be too fast.

``It's only normal for the market to take a breather after
the steep gains we've seen,'' said Rolf Steimer, a partner at
Fleming Family & Partners AG in Zurich, which oversees $10
billion for clients. ``It's unlikely stock prices will continue
to rise at this speed.''


Read more at Bloomberg Stocks News

U.K. Working-Day Electricity Price Declines as Generators Boost Capacity

(Bloomberg) -- U.K. power for delivery on the next
working day declined as producers started generation units,
widening the margin of spare capacity compared with previous
forecasts.

U.K. day-ahead power dropped 15 percent to 23 pounds
($45.37) a megawatt hour, from a last traded price of 27 pounds
on May 18 for delivery today, according to prices on Bloomberg
from the energy broker Spectron Group Plc. The average working-
day price last week was 24.25 pounds a megawatt-hour.


Read more at Bloomberg Energy News

European Two-Year Bond Yields Hold Near Five-Year High on ECB Rate Views

(Bloomberg) -- European two-year bond yields held
near the highest in almost five years on speculation the pace of
economic growth in the region will force the European Central
Bank to keep raising interest rates this year.

A report tomorrow may show German investor confidence rose
to the highest in almost a year in May. European debt fell by the
most last week in five after data showed European economies grew
faster than forecast in the first quarter. Futures prices show
investors are raising bets the ECB will lift rates at least twice
more in 2007.


Read more at Bloomberg Bonds News

Australian, Canadian Dollars to Advance on Commodity Demand, Nomura Says

(Bloomberg) -- Investors should buy so-called commodity
currencies such as the Canadian and Australian dollars as global
economic growth fuels demand for raw materials, said Daisaku Ueno
at Nomura Securities Co.

Commodity demand from China and other nations drove Canada's
dollar to the highest since 1977 against the U.S. currency last
week and pushed Australia's dollar to a 17-year high last month.
Raw materials make up more than half of both nations' exports.


Read more at Bloomberg Currencies News

ConEd plans major electric system upgrade

(Reuters) - The huge spending program could lead to rate increases of as much as 20 percent for some customers, spokesman Chris Olert said. "We need it for infrastructure investments," Olert said.




As part of the proposals, the company plans to install a superconducting cable in Manhattan, Olert said.


Read more at Reuters.com Business News

Canada dollar hits near 30-year high vs U.S. dollar

(Reuters) - "There has been a batch of much stronger than expected data and there's a view that the Bank of Canada is turning more hawkish. There has also been strong M&A flow into Canada," said Kamal Sharma, currency strategist at Bank of America.




Over the weekend, Canada's finance minister Jim Flaherty said the strong currency was a challenge for manufacturers and their key to coping with it is to be more productive.


Read more at Reuters.com Hot Stocks News

U.S. crime rises as police fight other threats

(Reuters) - The killing of the 22-year-old Kentucky native, who recently graduated university with honors, in a tough neighborhood in Boston's Dorchester district on March 24 sparked weeks of outcry in a city where the murder rate neared a 10-year high last year.




Like Boston, many U.S. cities are struggling to stem a wave of violent crime and murder that has raised questions of whether police are fighting terrorism at the expense of street crime, and whether a widening wealth gap feeds the problem.


Read more at Reuters.com Bonds News