NEW YORK (AP) — U.S. stock indexes are mixed in afternoon trading Tuesday, taking a pause after five straight days of gains. DuPont soared on news that its embattled CEO will retire, while biotechnology companies sank again. Energy stocks climbed as the price of crude oil rose sharply.
By Nate Raymond and Joseph Ax NEW YORK (Reuters) - U.S. authorities charged a former president of the United Nations General Assembly, a billionaire Macau real estate developer and four others on Tuesday for engaging in a wide-ranging corruption scheme. John Ashe, a former U.N. ambassador from Antigua and Barbuda who was general assembly president from 2013 to 2014, was accused in a complaint filed in federal court in New York of taking more than $1.3 million in bribes from Chinese businessmen, including developer Ng Lap Seng. Manhattan U.S. Attorney Preet Bharara, who announced the arrests of Ashe and the other defendants, said the investigation could result in more charges as authorities examine whether "corruption is business as usual at the United Nations." "If proven, today's charges will confirm that the cancer of corruption that plagues too many local and state governments infects the United Nations as well," Bharara said.