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The Government Development Bank (GDB) is seen in San JuanBy Megan Davies and Nick Brown NEW YORK/SAN JUAN (Reuters) - Puerto Rico made a crucial debt payment on Tuesday but warned that its deteriorating finances could trigger future defaults, as the governor granted the U.S. territory power to take revenues from public agencies. There had been speculation Puerto Rico would default on all or part of the $355 million notes issued by its financing arm, the Government Development Bank. The U.S. territory said in a statement that it made the Dec. 1 bond payment despite "extreme fiscal challenges." While Puerto Rico first defaulted in August, failure to make the payment on Tuesday would have been more significant because part of that debt was protected by the commonwealth's constitution.

Active online supporters of the Syria-based Islamic State movement now include about 300 people identifiable as Americans, said a study by academic experts published on Tuesday. George Washington University's Program on Extremism said in the study that the number of other Americans who passively "consume" Islamic State propaganda runs to "several thousand," though they are not necessarily active supporters of the group. Twitter is the "platform of choice" most widely used by the active core of American supporters of Islamic State, it said.

File photo of Chicago Police Superintendent Garry McCarthy speaking on illegal firearms seizure at a news conference in ChicagoChicago's police chief was ousted on Tuesday after days of protest over a white officer's shooting of a black teenager 16 times and the department's refusal to release a video of the killing for more than a year. Mayor Rahm Emanuel announced during a news conference that he had asked Garry McCarthy, police superintendent since May 2011, to resign. The mayor also said he was creating a new police accountability task force.

FILE - In this Nov. 24, 2015 file photo, Chicago Police Superintendent Garry McCarthy, right, speaks about first-degree murder charges against police officer Jason Van Dyke in the death of 17-year-old Laquan McDonald, as Mayor Rahm Emanuel looks on at left. Emanuel announced at a news conference Tuesday, Dec. 1, 2015, that McCarthy has been fired after a public outcry over the handling of the case. (AP Photo/Charles Rex Arbogast, File)Mayor Rahm Emanuel fired the city's police superintendent Tuesday, a week after the release of a dash-cam video that showed a white Chicago officer fatally shooting a black teenager 16 times.

The new Amazon Fire tablet is displayed during a media event introducing new Amazon products in San Francisco, California(Reuters) - Inc said sales of its electronic gadgets more than tripled over the Thanksgiving weekend from last year, with the Fire tablet the top-selling product.

"We had some pockets" of people celebrating — not thousands, says the mayor of NYC on 9/11.

Juneau Mayor Greg Fisk found dead at Alaska home: policeThe newly elected mayor of Alaska's capital city was found dead at his Juneau home, and police are investigating a range of possible causes. The Juneau Police Department released few details on the death ...

US President Barack Obama tells reporters on December 1, 2015 the global threat of climate change "an economic and security imperative that we have to tackle now"US President Barack Obama said Tuesday global warming posed economic and security risks that had to be tackled immediately, but insisted the climate problem could be solved. If global warming continues, "then before long we are going to have to devote more and more of our economic and military resources not to growing opportunity for our people but to adapting to the various consequences of a changing planet," Obama said. "Climate change is a massive problem, it's a generational problem," Obama said on the sidelines of the November 30-December 11 UN conference being held north of Paris.

Chicago Mayor Rahm Emanuel, left, and Police Superintendent Garry McCarthy appear at a news conference, Tuesday, Nov. 24, 2015, in Chicago, announcing first-degree murder charges against police officer Jason Van Dyke in the Oct. 20, 2014, death of 17-year-old Laquan McDonald. The city then released the dash-cam video of the shooting to media outlets after the news conference. (AP Photo/Charles Rex Arbogast)By Mary Wisniewski CHICAGO (Reuters) - Chicago Mayor Rahm Emanuel on Tuesday announced the creation of a police accountability task force following days of unrest over the alleged murder of a black teenager by a white policeman. The announcement came a week after the officer, Jason Van Dyke, was charged with first-degree murder in the killing of Laquan McDonald, who was shot 16 times. "The shooting of Laquan McDonald requires more than just words," Emanuel said in a statement.

File photo of an Airbus investigator walking near part of the tail of the AirAsia QZ8501 passenger plane in Kumai Port, near Pangkalan BunIndonesia's National Transportation Safety Committee said a major factor was a fault with a system that helps control the rudder's movement.

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Des Moines, IA

Overcast, light snow
  • Overcast, light snow
  • Temperature: 33 °F, feels like 24 °F
  • Wind: WSW (240°), 17.3 mph
  • Pressure: 100.7 kPa
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Tue, 12/01/2015 - 13:54

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