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Train terrorism probe... Hail, heroes... Stocks rebound

By The Associated Press | Posted - Aug. 25, 2015 at 10:51 a.m.



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PARIS (AP) — French authorities have formally opened a terrorism investigation into Friday's thwarted attack on a high-speed train. A prosecutor says the suspected attacker (Ayoub El-Khazzani) had watched a radical Islamic video onboard minutes earlier. He was brought down by a group of three Americans and a British businessman.

SAN FRANCISCO (AP) — The three Americans hailed as heroes for stopping the train attack can expect a big welcome-home when they return to the States. Sacramento, California, is planning a parade for the three, who all grew up in the area. For now, U.S. Airman Spencer Stone is in Germany for medical treatment. Oregon National Guardsman Alek Skarlatos is at his side. Anthony Sadler is scheduled to start his senior year at Sacramento State on Monday, although the date of his return is uncertain.

NEW YORK (AP) — What a difference a day can make, especially on Wall Street, where stocks are sharply up in midday trading. The rally came after China's central bank cut its key interest rate in a bid to boost growth in the world's second-largest economy. Concerns over a slowdown in the Chinese economy rattled global markets yesterday.

WASHINGTON (AP) — The Conference Board says U.S. consumer confidence rebounded in August to the strongest reading in seven months, although all that positive feeling came before yesterday's huge stock market plunge. The Board says its index of consumer confidence increased to 101.5 in August, up from a revised July reading of 91.0. It was the best showing since January.

LONDON (AP) — Londoners who have been setting their watches by Big Ben may be slightly off. Officials say the famous clock tower has recently been slow by as much as six seconds. It was BBC radio, which broadcasts Big Ben's bongs live each day at 6 p.m., that noticed the discrepancy. Mechanics are working to correct the clock. By the way, "Big Ben" refers not to the clock or to the tower — but to the bell inside that chimes the hour.

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The Associated Press

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