Receive Breaking News updates as they occur
LONDON (AP) — Thousands of men who were convicted under now-abolished British laws against homosexuality are to receive posthumous pardons, the government announced Thursday. Those who are still alive can will be eligible to have their criminal records wiped clean.
The sector was also pressured late in the session as AT&T extended earlier losses after a report the company had discussed the idea of a merger with Time Warner during recent meetings. AT&T shares ended down 1.9 percent while Time Warner advanced 4.7 percent. Despite the big gain in AmEx shares, the financial sector closed down slightly, off 0.02 percent as property and casualty insurer Travelers dropped 6.1 percent after reporting a steep drop in profit.