WASHINGTON (AP) — A call from a student who spotted a man wearing a gun holster on an American University shuttle bus prompted a lockdown of the campus for nearly an hour-and-a-half Wednesday night, police said.
KUALA LUMPUR, Malaysia (AP) — Asian stocks extended losses Thursday after an apparent budget deal in the U.S. Congress reinforced expectations the Federal Reserve will cut its monetary stimulus as early as next week.
"Big step tonight," EU Commissioner Michel Barnier wrote on Twitter. We are learning lessons of crisis," he said after the agreement was reached by representatives of the European Parliament, the European Council -- the EU's executive arm -- and the 28 member states. "This is a fundamental step towards the completion of the Banking Union," Barnier said in a separate statement. The "bail-in" will primarily require important hits to be taken by shareholders and bond holders of a financial institution in trouble.