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A residential building in Manhattan exploded and collapsed on Wednesday, injuring at least 15 people and sparking a serious fire as thick smoke engulfed the area, officials said. The explosion struck a building at 116th Street and Park Avenue in the East Harlem neighborhood of New York, where witnesses said they were jolted awake by what sounded like an earthquake. Mainline train services in and out of Grand Central terminal were suspended as a result of the incident next to its tracks. A spokesman for energy company Con Edison told local TV channel NY 1 that it got a call from the building alerting them to a possible gas leak at 9:13 am, shortly before the blast.
WASHINGTON (AP) — Errico Auricchio produced cheese with his family in Italy until he brought his trade to the United States more than 30 years ago. Now, the European Union is saying the types of cheeses he sells aren't authentic enough to carry European names.
Two months before Mt. Gox filed for bankruptcy it was sued by a customer seeking the return of funds in a case that highlights some of the red flags raised in the run-up to the collapse of what was once the world's biggest bitcoin exchange. New York resident Marko Simovic filed a civil action at the Tokyo District Court on December 24, seeking to recover $105,000 he had on deposit at Mt. Gox and about $14,000 in interest, court filings show. Simovic, who described himself as a software developer who previously managed the bitcoin operations for a hedge fund, said Mt. Gox dodged repeated requests to withdraw funds from his account, which as of July 1 was credited with $935,000 in cash. Simovic could not be reached for comment.