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Exclusive: U.S. standards council to investigate New Oriental after Reuters report

MIAMI A U.S. standards-setting body said it would investigate New Oriental Education & Technology Group Inc in the wake of a Reuters report that detailed allegations of academic fraud at the company.

Recent Top News

New York City seeks U.S. funds for $1 million daily security costs for Trump

NEW YORK Two members of New York City's council are calling on President-elect Donald Trump to provide federal funds to reimburse the city for the $1 million-a-day cost of protecting him and his family in their home in Trump Tower on Manhattan's Fifth Avenue.

3:38pm EST

Deutsche Bank cuts ties with 3,400 clients in trading business

FRANKFURT Deutsche Bank's Global Markets division will cut ties with about 3,400 clients in its debt and equities sales activities, the bank said on Friday. Deutsche Bank will immediately cease debt sales services to some financial institutions and hedge funds as well as equity sales activities, the execution of equities trading orders and equity structuring activities for some clients, a spokesman said, citing an internal memo.

3:16pm EST

U.S. presidential commission issues recommendations on cyber security

The U.S. government and the private sector must cooperate to improve the security of digital networks, a U.S. presidential commission on cyber security recommended in a wide-ranging report issued on Friday.

Tech, Cybersecurity 6:08pm EST

Women bombers emerge from Islamic State redoubt to attack Libyan forces

SIRTE, Libya Several women blew themselves up on Friday in suicide attacks that killed four Libyan soldiers who had granted them safe passage to leave buildings under the control of Islamic State militants, a spokesman for government forces said.

World, Libya 2:17pm EST

Renzi makes final appeal to Italians ahead of referendum

ROME With his career on the line, Prime Minister Matteo Renzi made a final appeal to Italians on Friday to support a crucial referendum to change the constitution, saying Italy could become Europe's strongest nation if it wins. | Video

World, Italy 4:33pm EST