Banker due back in court in cabbie hate crime case

STAMFORD, Connecticut (Reuters) - William Bryan Jennings, the Morgan Stanley investment banker accused of a hate crime in the stabbing of an Egyptian-born taxi driver over a fare, was due back in a Connecticut court on Thursday. The charges against Jennings, who was placed on leave from his job as co-head of U.S. bond underwriting the day of his February 29 arrest, stem from a December 2011 incident when Jennings got into a cab in New York City after drinking at a Morgan Stanley holiday party. According to authorities, taxi driver Mohamed Ammar, an Egyptian-born U.S. ...

Services growth slows in June, employment stable (Reuters)

Reuters - The pace of growth in the U.S. economy's services sector remained sluggish in June and new orders fell, but employment held steady last month, according to an industry report released on Wednesday.