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Beach town's ban prompts battle over shave ice

In this July 21, 2014 photo, George Manko, second from left, and his son, George A. Manko, left, wait on customers at his concessions trailer in Westerly, R.I. Manko has been cited for defying the town's new ban on street vendors, which he said is prompted by town councilors who don't think street vendors fit the town's image. Town officials said the ban was prompted by safety concerns. A court will now decide. (AP Photo/Jennifer McDermott)WESTERLY, R.I. (AP) — A $3 cup of shave ice is at the center of a dispute in this beach town between street vendors trying to stay in business and town officials who say the vendors cause traffic congestion and increase the potential for accidents.



BoE's Carney says Lloyds actions may be criminal conduct

The governor of the Bank of England has stated that manipulation of fees for a taxpayer-backed lending scheme by Lloyds Banking Group could lead to criminal action against those involved. "Such manipulation is highly reprehensible, clearly unlawful and may amount to criminal conduct on the part of the individuals involved," Bank of England Governor Mark Carney said in July 15 letter to Lloyds Chairman Norman Blackwell.
Lloyds bank fined £218mn over Libor rigging

Lloyds Banking Group said it condemned the actions of those reponsible for rates-riggingBritain's Lloyds Banking Group is to pay £218 million ($370 million, 276 million euros) in fines to British and US regulators for attempting to rig inter-bank lending rates, the bank said Monday. "LBG announces that it has reached settlements totalling £218 million to resolve with UK and US federal authorities legacy issues regarding the manipulation several years ago of group companies' submissions to the British Bankers' Association (BBA) London Interbank Offered Rate (LIBOR) and Sterling Repo Rate," it said in a brief statement. The Libor scandal erupted two years ago when British bank Barclays was fined £290 million by British and US regulators for attempted manipulation of Libor and Euribor interbank rates between 2005 and 2009.



Blaze at fuel tanks near Tripoli’s airport out of control: NOC spokesman

The huge fire from fuel tanks near Tripoli’s international airport that has been ignited by rockets attack is out of control as clashes between rival militias have resumed in the area, the National Oil Company (NOC) spokesman said on Monday.
Virus drugmaker fights pediatricians' new advice

This photo shows a full-page ad by MedImmune that was published Tuesday, July 22, 2014, in the New York Times. MedImmune, a division of AstraZeneca, ran full-page ads in the New York Times and other newspapers in recent weeks protesting pediatricians’ new recommended limits on Synagis, a drug for preventing serious lung problems in premature infants caused by a common but usually mild virus. A new policy from the American Academy of Pediatrics says the costly drug has limited benefits and recommends scaling back its use. The policy was published online Monday, July 21, 2014, in Pediatrics. (AP Photo)CHICAGO (AP) — A costly drug given mostly to premature babies is at the center of a clash between the manufacturer and the nation's leading pediatrician's group, which recommends scaling back use of the medicine.





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