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Exclusive: Citi breached a rule meant to keep banks safe, made liquidity reporting errors (www.reuters.com)

NEW YORK, July 31 (Reuters) - Citigroup repeatedly breached a U.S. Federal Reserve rule that limits intercompany transactions, leading to errors in its internal liquidity reporting, according to a Citi document from December seen by Reuters....

Exclusive: New US rule on foreign chip equipment exports to China to exempt some allies (www.reuters.com)

NEW YORK, July 31 (Reuters) - The Biden administration plans to unveil a new rule next month that will expand U.S. powers to stop exports of semiconductor manufacturing equipment from some foreign countries to Chinese chipmakers, two sources familiar with the rule said....

R. Kelly petitions U.S. Supreme Court to overturn sex crimes convictions based on statute of limitations (www.ctvnews.ca)

The disgraced R&B singer’s defence attorney, Jennifer Bonjean, has filed a petition to the Supreme Court, requesting to throw out his Chicago conviction for possession of child pornography and enticing minors to engage in sexual activity, claiming that the charges should be barred by the statute of limitations....

Families seek answers after inmates' bodies returned without internal organs (www.ctvnews.ca)

Agolia Moore was shocked to get a call telling her that her son was found dead in an Alabama prison of a suspected drug overdose. She had spoken to him to earlier that evening and he was doing fine, talking about his hope to move into the prison’s honor dorm, Moore said....

Olympic triathletes swim in Seine River after days of concerns about water quality (apnews.com)

After days of water-quality concerns caused by heavy rains last week put the swimming portion of the Olympic triathlons in doubt, the women dove into the Seine River on Wednesday under gray skies that lingered following an early-morning drizzle, followed by the men a few hours later....

Boar's Head expands recall to include 7 million more pounds of deli meats tied to listeria outbreak (apnews.com)

The popular deli meat company Boar’s Head is recalling an additional 7 million pounds of ready-to-eat products made at a Virginia plant as an investigation into a deadly outbreak of listeria food poisoning continues, U.S. Agriculture Department officials said Tuesday....

First interest rate cut in 4 years likely on the horizon as the Federal Reserve meets (apnews.com)

WASHINGTON (AP) — With the end of their two-year fight against inflation in sight, Federal Reserve officials are likely Wednesday to set the stage for the first cut to their key interest rate in four years, a major shift in policy that could eventually lower borrowing costs for U.S. consumers and businesses....

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