(REUTERS) Elderly Japanese, among the world’s richest retirees, are flocking to inheritance advisers, tackling historical taboos on discussing death and providing a rare avenue of growth for the country’s brokerages and banks. Trillions of dollars parked in savings accounts are set to be released in the coming years as Japan’s death rate climbs and new, more onerous inheritance tax rules kick in. The shift is attracting investment from companies such as Nomura Holdings, Daiwa Securities […]
Other News
Family of U.S. student killed in Paris attacks sues social media companies
(Reuters) The family of a California design student killed in November’s attacks in Paris sued Twitter Inc, Google and Facebook Inc, claiming the social media companies provide “material support” to the militant group Islamic State. Nohemi Gonzalez’s family filed the lawsuit on Tuesday in federal court in San Francisco, asking the court to rule that the companies are violating the U.S. Anti-Terrorism Act. It seeks compensatory damages to be determined by the court. “For […]
Mourners lay flowers in Westminster in tribute to slain MP
LONDON, United Kingdom (Reuters) — People laid flowers and left tributes in Parliament Square in central London on Thursday evening (June 16) in memory of opposition Labor MP, Jo Cox, who was earlier shot dead in a street attack, not far from her northern England constituency office. The killing of a British member of parliament caused deep shock across Britain and the suspension of campaigning for next week’s referendum on the country’s EU membership. Jo […]
Canada promotes first female combat general
by Michel COMTE OTTAWA, Canada (AFP) — A Canadian woman who fought insurgents in Afghanistan became the country’s first female combat officer to rise to the rank of general on Thursday. Colonel Jennie Carignan, 47, was promoted to brigadier-general (one star) and put in charge of the Canadian army, the military announced. Other female generals have previously risen from non-combatant disciplines such as intelligence, medicine and development aid. Carignan enlisted in 1986, three years before […]
Motor racing: Jani and Porsche stay on pole in Le Mans rain
LE MANS, France (AFP)–Switzerland’s Neel Jani, behind the wheel of a Porsche 919 Hybrid, stayed on pole position for the Le Mans 24 Hour Race on Thursday when the third qualifying session was red-flagged due to heavy rain. As a result of the conditions, most of the 60 cars taking part were unable to improve on their times set on Wednesday night. The last section of qualifying is due to take place later Thursday but with […]
US gun debate ‘needs to change,’ Obama says in Orlando
by Thomas URBAIN with Andrew BEATTY in Washington ORLANDO, United States (AFP) — President Barack Obama traveled to grief-stricken Orlando Thursday, meeting loved ones devastated by a shooting rampage and using his bully pulpit to demand that the Republican-controlled Congress pass gun control. Four days after the worst mass shooting in US history, Obama made a solemn pilgrimage to meet staff at the Pulse nightclub, emergency responders and some of the dozens of families shattered […]
Fires rage across western United States
LOS ANGELES, United States (AFP) — Firefighters struggled Thursday to contain infernos across the western United States as experts warned that drought-striken California should prepare for an unusually intense wildfire season. Forest fires are a fact of life in much of California but have become far worse because of bone-dry conditions, with the Golden State gripped in its fifth year of drought. A fire in the Los Padres National Forest had expanded to two square […]
US lawmakers probing Orlando shooter’s Facebook posts
ORLANDO, United States (AFP) — A top US lawmaker said Thursday authorities were probing the Facebook activity of the Orlando nightclub shooter, after an investigation found Omar Mateen made extremist posts during the massacre and searched for news of his attack. Ron Johnson, the Republican chairman of the Senate Committee on Homeland Security, sent a letter to Facebook chief Mark Zuckerberg Wednesday asking the company to share specifics of five accounts apparently used by Mateen. […]
NBA: Bogut ‘very unlikely’ to play for Australia in Rio
CLEVELAND, United States (AFP) — Golden State Warriors center Andrew Bogut, sidelined by a left knee injury for the remainder of the NBA Finals, said Thursday it is “very unlikely” he will play for Australia at the Rio Olympics. The 7-footer (2.13m) will be sidelined at least six to eight weeks after suffering multiple bone bruises in game five of the best-of-seven championship series on Monday. That offers a best-case, outside chance scenario of Bogut being […]
Black box from crashed EgyptAir plane retrieved
(REUTERS) The cockpit voice recorder from EgyptAir flight MS804 has been retrieved by search teams in a breakthrough for investigators seeking to explain what caused the plane to crash into the sea killing all 66 people on board. The Airbus A320 plunged into the Mediterranean early on May 19 on its way from Paris to Cairo. Since then, search teams have worked against the clock to recover the two black box recorders crucial to explaining […]
British lawmaker shot dead, EU referendum campaigns suspended
(REUTERS) A British member of Parliament was shot dead in the street in northern England on Thursday, causing deep shock across Britain and the suspension of campaigning for next week’s referendum on the country’s EU membership. Jo Cox, 41, a lawmaker for the opposition Labor Party and vocal supporter of Britain remaining in the European Union, was attacked as she prepared to hold a meeting with constituents in Birstall near Leeds. Media reports said she […]
CIA: Tens of thousands of I.S. fighters worldwide
(Reuters) The director of the U.S. Central Intelligence Agency, John Brennan, said on Thursday there were tens of thousands of Islamic State fighters around the world, more than al Qaeda at its height. He also told a Senate Intelligence Committee hearing that the agency was concerned about the growth of Libya as a base of operations for Islamic State militants, who had 5,000-8,000 fighters there, although the group’s fighters in Iraq and Syria had dropped to […]





