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Since returning to Twitter Inc in July, Chief Executive, Jack Dorsey has made a handful of dramatic changes to the micro-blogging service - and promised more. Analysts say Twitter's stock price, which has reached record lows, is unlikely to rise until the company shows significant user growth. In a letter to shareholders released Wednesday, when Twitter reported its fourth-quarter earnings [nL3N15P3AO], Dorsey outlined for the first time his strategy for the company's future.
By Sue Britt and Julia Edwards FERGUSON, Mo./WASHINGTON (Reuters) - The U.S. Justice Department sued Ferguson, Missouri, on Wednesday to force the city to change its police department and court system after the federal government found both to be biased against minorities. The St. Louis suburb, a symbol of problems with policing and race in the United States, earlier on Wednesday said it wanted to change an agreement it had negotiated with the federal government due to the costs involved. "The residents of Ferguson have waited nearly a year for their city to adopt an agreement that would protect their rights and keep them safe," Attorney General Loretta Lynch said at a news conference.
LOS ANGELES (AP) — Former Los Angeles Sheriff Lee Baca pleaded guilty Wednesday to lying to federal authorities investigating corruption in the department, a probe that tarnished his long career and appeared to trigger his abrupt retirement.