• Reuters

    Alstom sells North American conventional signalling business for around $670 million

    The proceeds from the sale, net of expected tax and transaction costs, should amount to around 620 million euros. The deal is expected to close as soon as the summer, Alstom said, following regulatory approval. The transaction is part of Alstom's plan to reduce its debt by 2 billion euros, which will be revealed in detail on May 8.

  • Reuters

    Three California police officers charged in 2021 death of man in custody

    The officers in Alameda, California, pinned Mario Gonzalez, 26, to the ground for about five minutes before he became unresponsive during an arrest on April 19, 2021, according to body camera footage the city released after his death. Gonzalez's death in Alameda, a city of nearly 80,000 people adjacent to Oakland, occurred the day before a Minneapolis jury convicted former policeman Derek Chauvin of murdering George Floyd, amid nationwide protests against police violence and racial inequality. The three officers charged on Thursday were dispatched to a park to check on Gonzalez in 2021 after residents reported a man was loitering and talking to himself, according to recordings of 911 emergency calls released by the city.

  • Investor's Business Daily

    Stock Market Sells Off; Taiwan Semi, ASML, Netflix, Tesla In Focus: Weekly Review

    The stock market suffered significant losses for the week, with ASML and Taiwan Semiconductor slamming the chip sector. Tesla was a big loser.