NEW YORK -- U.S. stocks closed higher on Friday, Jan. 20, in a modest but broad-based advance as Donald Trump was sworn in as U.S. President, marking the first time in more than 50 years that a new commander-in-chief has been welcomed by a rising equity market on his first day in office. In his speech, Trump said U.S. policy will be to buy American and hire American, reiterating what he had said many times during this campaign for the White House.
NEW YORK - Drug kingpin Joaquin "El Chapo" Guzman appeared in a U.S. court on Friday, Jan. 20, after his surprise extradition from Mexico and pleaded not guilty to charges that he ran the world's largest drug-trafficking organization during a decades-long criminal career. El Chapo (Spanish for "Shorty"), who twice made dramatic escapes from Mexican prisons and was one of the world's most wanted drug lords, was accompanied by two lawyers during the appearance in federal court in Brooklyn.
NEW YORK (Reuters) - Mexican drug kingpin Joaquin "El Chapo" Guzman will spend the rest of his life in a U.S. prison if convicted on charges he ran the world's largest drug-trafficking organization during a decades-long criminal career, U.S. prosecutors said on Friday.
PENNE, Italy (Reuters) - Four children and a woman were pulled clear on Friday from the wreckage of a mountain hotel in central Italy flattened two days earlier by an avalanche, the national fire service said. A further five people had been located, trapped under tonnes of snow and debris, and rescuers said they would work through the night to free them while the search continued for other possible survivors.
WASHINGTON — A U.S. air strike on Thursday targeting an al Qaeda training camp in Syria killed more than 100 militants, a U.S. defense official said on Friday, Jan. 20. The strike took place just a day before the end of President Barack Obama's presidency and a day after more than 80 Islamic State militants were killed in U.S. air strikes in Libya. The official, speaking on the condition of anonymity, said the air strike was primarily carried out by a B-52 bomber and dropped 14 munitions.
WASHINGTON -- President Barack Obama commuted the prison sentences of 330 federal inmates, particularly drug offenders, on Thursday, Jan. 19, making his quest to reduce what he viewed as overly harsh punishments one of his final acts in office. Obama leaves the White House on Friday, when Republican President-elect Donald Trump will succeed him. The commutations were the most done in a single day, the White House said, and brought the total number of sentences reduced by Obama to 1,715.
PENNE, Italy (Reuters) - A huge avalanche swallowed up a luxury mountain hotel in central Italyafter a series of strong earthquakes rocked the area, burying up to 30 people under tonnes of snow and debris, officials said on Thursday. More than 24 hours after the avalanche hit, the Civil Protection department said just two bodies had been recovered. Rescue workers were continuing their search for other victims or possible survivors as night fell.
HOUSTON, Texas -- Former U.S. President George H.W. Bush has been moved to an intensive-care unit at a Houston hospital with pneumonia and was stable and resting comfortably after doctors performed a procedure to clear his airway, his office said on Wednesday. His wife of 72 years, former first lady Barbara Bush, also was admitted to the same hospital on Wednesday as a precaution after experiencing fatigue and coughing, the office said in a statement.
Television comedy "Will & Grace," the show that brought gay men and women into mainstream pop culture, is returning to U.S. television with 10 new episodes, broadcaster NBC said on Wednesday, Jan. 18. Emmy-winning stars Eric McCormack, Debra Messing, Sean Hayes and Megan Mullally all will reprise their roles for the limited run that will air later in the fall of 2017 or early 2018.