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Singer attacked in Houston

Singer attacked in Houston, A Grammy-winning Tejano singer is recovering from an attack at a Houston bar. Witnesses say a fan is responsible for the beating. La Mafia is one of the pioneers of Tejano music. They've been around for three decades and are arguably the most recognizable Tejano band. It's that notoriety that led to a severe beating of the band's lead singer. Oscar De La Rosa is the front man of the four-time Grammy Award-winning group La Mafia, but his bandmate says his celebrity status turned on him. "This person was in the club and had wanted a photo with Oscar. And sometimes when he goes out for entertainment he doesn't like taking pictures," Armando Lichtenberger Jr. De La Rosa and his driver were leaving the night club Blur Bar in Montrose around 1:30 a.m. Monday. Minutes earlier, the fan that requested the picture was thrown out for a separate incident and saw the Tejano singer leaving. He rushed both before they realized it. "He su

Amputee killed by dogs

Amputee killed by dogs, An 80-year-old South Carolina double-amputee has died from his injuries after he was dragged from his wheelchair and attacked by four dogs, authorities said Tuesday. Carlton Freeman of Harleyville was driving his motorized wheelchair on May 8 when he was attacked, said Maj. John Garrison, a spokesman for the Dorchester County Sheriff's Department. An incident report said Freeman told authorities that he was pulled from his wheelchair during the attack in the community about 50 miles northwest of Charleston. He said dogs were biting him and pulling on his clothes. Coroner Chris Nesbit said Tuesday that Freeman, who had both legs amputated at the knee from an injury years ago, died Sunday of the injuries in the dog attack. "Upon my examination of Mr. Freeman, it is a wonder that this gentleman was able to hang on as long as he did," Nesbit said in a statement. "He had bites and lacerations from his legs to the top of his head. This is very

Senior prostitution ring

Senior prostitution ring, A senior prostitution ring was broken up recently at a senior citizen building. On May 14, Pix 11 reported the news of a couple that was arrested. Criminals can be any age. A man and woman were arrested on charges of running a prostitution ring and using cocaine at Vincente K. Tibbs Senior Citizen Building in Englewood, New Jersey. Back in March, officers went to the facility to give a safety seminar and then heard all about the news. James Parham and Cheryl Chaney were arrested and Parham even admitted that he has helped young prostitutes with their drug addiction. He also said he set them up with younger people who lived in the building. You have to be over 62 to live there though so they couldn't have been much younger than him. Neither one of them had a criminal record. The senior prostitution ring that was broken up will change that though. Are you shocked to hear this news?

Wall Street Week Ahead: 'Sell in May and Go Away?' Not This Year

With the Dow and the S&P 500 setting another string of record closing highs this week, the old Wall Street adage "Sell in May and Go Away" is starting to look weak. Closing out the second week of May, the Standard & Poor's 500 index is up 2.3 percent for the month.   For the year, the benchmark S&P 500 is up a stunning 14.6 percent. Some analysts say that when the market starts off this strong, it tends to keep the upward momentum going until the end of the year. "Instead of 'Sell in May and Go Away,' we may be setting up for a surprise May rally," said Ryan Detrick, senior technical analyst at Schaeffer's Investment Research in Cincinnati, Ohio. "What's encouraging is that small-cap stocks have been outperforming the market recently. It's a sign that the market is going for even the riskiest sectors." Both the Dow industrials and the S&P 500 topped major milestones for the first time in early May, with the

Exclusive: Indian card processor in $45 million heist is ElectraCard - sources

Two companies with major operations in India were the weak links that opened the door to a $45 million global cyber heist brought to light by U.S. authorities this week. EnStage Inc, which operates from Bangalore, and ElectraCard Services, which is based in Pune, processed card payments for the two Middle Eastern banks that were hit in the theft, according to several people familiar with the situation.   U.S. prosecutors said on Thursday that hackers broke into two card processing companies, raising the balances and withdrawal limits on accounts that were then exploited in coordinated ATM withdrawals around the world. The prosecutors did not name the two companies but said one was based in India and the other in the United States. According to a U.S. official and a bank employee, who both spoke on condition of anonymity, ElectraCard Services was the company that processed prepaid travel cards for National Bank of Ras Al Khaimah PSC (RAKBANK). RAKBANK suffered a $5 million coordi

ECB's Draghi says no call for G7 central banks to do more

Major central banks did not face calls to do more to boost the world economy when Group of Seven finance officials met on Saturday, European Central Bank President Mario Draghi said. Before the meeting Britain's finance minister, George Osborne, said ministers would "consider what more monetary activism can do to support the recovery" - something that he is keen for the Bank of England to do.   But Draghi said the ECB, which cut interest rates to a record low last week, did not come under pressure to take further steps. "There wasn't any call to do more," he told reporters after the meeting. "It is quite clear that all central banks have done a lot, each one within its own mandate. So (the meeting) was just taking note of this ... All of us have really been active." The ECB is also looking at whether it can do more to promote small business lending in the euro zone via asset-backed securities (ABS), but Draghi said the central bank was bet

BOJ chief expects no spike in long-term Japan interest rates

Japanese long-term interest rates should not shoot higher as a result of money flowing out of government bonds, Bank of Japan Governor Haruhiko Kuroda said on Saturday. _0"> Kuroda added, however, that it would be natural for long-term rates to rise over time if Japan meets its goal of pushing inflation up towards two percent.   He said a shift in funds from Japanese government bonds to stocks and into lending was already taking place but that the BOJ was increasing its balance of JGB holdings at an annual pace of 50 trillion yen. "The BOJ dealt with short-term volatility in bond prices by adjusting its market operations," Kuroda told reporters after a two-day meeting of G7 finance officials. "I do not expect a sudden spike in long-term bond yields. In the long-run, if the economy recovers and inflation heads towards two percent, we might see nominal interest rates rise but that's natural." Finance Minister Taro Aso said the G7 had leveled no c