Receive Breaking News updates as they occur
US Senator Robert Menendez was indicted Wednesday on charges of public corruption, following a two-year federal investigation into his ties to a friend who contributed large sums to his re-election campaign. Menendez, the top Democrat on the Senate Foreign Relations Committee and lead author of legislation aimed at tightening sanctions against Iran, faces 14 charges including conspiracy and making false statements, and eight counts of bribery.
LAUSANNE, Switzerland (AP) — With even a vague outline of an Iran nuclear deal eluding their grasp, negotiators headed for double overtime Wednesday night in a marathon attempt to find common ground for a more important task — forging a final deal by the end of June.
GoDaddy shares surged in their Wall Street debut Wednesday, as the market welcomed the company that tries to make website hosting sexy. The stock trading under the symbol GDDY jumped nearly 31 percent to close at $26.15, following the initial public offering at $20 a share raising some $460 million. At the current price, GoDaddy's market value is roughly $4 billion, joining a host of emerging technology firms that have been looking mainly to private equity instead of Wall Street. GoDaddy, known for its provocative television ads with scantily clad women and its sponsorship of race car driver Danica Patrick, was only the fourth IPO for the tech sector so far this year, according to Renaissance Capital.