Fresno man who killed his wife with hammer in 1992 will soon get out of prison

Fresno man who killed his wife with hammer in 1992 will soon get out of prison

A convicted killer from Fresno who had killed his wife with a hammer in the early 1990s is all set to walk free, authorities confirmed.

Craig Simpson brutally killed his wife Jacquelyn using a claw hammer on November 22, 1992. Her two young children called police after hearing her screams.

Police rushed her to a nearby hospital, where she was pronounced dead. The coroner's office later announced that the victim received as many as 15 blows of a hammer while she was sleeping. The victim was killed so brutally that prosecutors described the crime as cold blooded.

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Fresno mayor announces new program to help homebuyers with $15K down payment grant

Fresno mayor announces new program to help homebuyers with $15K down payment grant

Fresno Mayor Ashley Swearengin on Wednesday announced a new program to provide up to $15,000 in down payment grants for eligible homebuyers in the city.

The new $7.5 million HomeLIFT Program has been sponsored by Wells Fargo and two nonprofit housing partners.

Announcing the program on the doorstep of a residential property on sale near Fresno City College, Swearengin described the program a "tremendous initiative" by Wells Fargo and others to support the city's sustainable homeownership efforts.

US Air Force requires private insurance as part of future contracts

US Air Force requires private insurance as part of future contracts

On Tuesday, the US Air Force said that it requires private insurance as part of future contracts.

The insurance would ensure that satellites that are launched into orbit by companies survive even if one of their rockets explodes and causes a long halt in launches.

Head of Air Force Space Command General John Hyten said that the government needed a new approach to reflect the emergence of a commercial launch industry and at the same time giving it assured access to space by at least two providers.

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Reservoir of water in our universe existed much earlier than originally thought: Study

Reservoir of water in our universe existed much earlier than originally thought: Study

Astronomers carried out a study of ancient molecular clouds in our home galaxy Milky Way, and came to a conclusion that the reservoir of water in our universe existed much before than originally thought. The study found that the universe used to be filled with water just a billion years following Big Bang.

Experts said the biggest challenge faced by water formation is that all elements that are heavier than helium had to be formed within the cores of the stars and not by Big Bang.

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Undersea Vents may have created Basic Building Blocks of Life before life formed on Earth

Undersea Vents may have created Basic Building Blocks of Life before life formed on Earth

Researchers recently conducted a study to explore the chemical reactions underway in hydrothermal vents. They tried to determine the odds of life on earth having begun there. With the help of computer simulations, the research team tested possible scenarios and their findings surround not only life on this planet, but elsewhere in the universe too.

The study findings could help deal with challenges of energy needed for betterment of humanity and find solutions for problem of excess greenhouse gasses in the atmosphere.

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LG Electronics Posts Lower-Than-Expected Net Profit in First Quarter

LG Electronics Posts Lower-Than-Expected Net Profit in First Quarter

South Korea's LG Electronics reported a 58.5% fall in first-quarter net profit on Wednesday. The company presented a lower-than expected profit as the television division sank to its first operating loss since 2010.

The world's No. 2 TV maker behind Samsung Electronics Co Ltd held weaker currencies in emerging markets responsible for the TV divisions' operating loss. However, it hopes that the conditions might improve in the second quarter.

Volkswagen first quarter profit rises 19%

Volkswagen first quarter profit rises 19%

First quarter profit of automaker Volkswagen increased 19% because cost cutting improved profit margins and also its namesake brand and European auto sales show a modest improvement.

Net profit climbed to 2.93 billion euros in the January-March quarter. Efforts of Volkswagen AG to decrease costs had saved over 100 million euros in the quarter alone at the Volkswagen brand and raised the profit margin to 2.0% from 1.8 %.

Barclays first-quarter profit drops 52%

Barclays first-quarter profit drops 52%

According to the British bank Barclays, its first-quarter profit dropped 52% mainly due to legal costs that mainly related to investigations into the possible manipulation of foreign currency trading markets.

Barclays has taken other legal provisions of 800 million pounds in the quarter for potential fines and litigation costs. These costs were related to the currency market investigation that is still ongoing. According to Barclays, it took £1.03 billion in total litigation and conduct costs in the quarter.

Workers’ Memorial Day celebrated to honor those who died at work

Workers’ Memorial Day celebrated to honor those who died at work

On Tuesday morning, a crowd assembled to celebrate Workers' Memorial Day for those who lost their lives while on job.

The event was organized by the Allegheny County Labor Council and many labor unions. It acknowledged nine local workers who passed away since the last Memorial Day.

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Air pollution may interfere with fetal development: Study

Air pollution may interfere with fetal development: Study

According to a new paper published in Environmental Health Perspectives, high levels of air pollution might interfere with fetal development and can cause lower birth weights.

The study released in a scientific journal on Tuesday used data from the 2008 Olympics in Beijing. At that time, the Chinese government took aggressive measures to significantly reduce air pollution.

The study found that babies born during or shortly after the Olympics were heavier than those born at the same time of year in 2007 or 2009.

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