Ex-SAC trader Martoma seeks to toss insider trading conviction

Former SAC Capital Advisors portfolio manager Martoma walks out of the courthouse in downtown Manhattan, New YorkBy Jonathan Stempel NEW YORK (Reuters) – Former SAC Capital Advisors LP portfolio manager Mathew Martoma asked a U.S. judge to throw out his insider trading conviction, saying federal prosecutors did not prove he committed a crime and that improper evidence and jury bias tainted the verdict. The request submitted late Thursday night in the U.S. District Court in Manhattan was expected. It followed Martoma's February 6 conviction on two counts of securities fraud and one count of conspiracy. "This court should enter a judgment of acquittal on all counts," Martoma, 39, told U.S. District Judge Paul Gardephe, who presided over the roughly month-long trial, in the filing.

Son Uses Grandfather’s Heartbeats to Help Save Mom’s Life

Dr. Daniel Mason, who lectured and practiced for 50 years at Philadelphia’s Hahnemann Hospital, had produced a three-CD set of digitized heart sounds and murmurs, some extremely rare, to allow medical students to learn the nuances of detecting heart disease. His grandson, Andrew Josephson, used those recordings to create an app, “Listening to the Heart,” which identifies heart abnormalities.

Obama to preach unity to Democrats at winter meeting

U.S. President Barack Obama delivers remarks at Organizing for Action's "National Organizing Summit" in WashingtonBy Steve Holland WASHINGTON (Reuters) – President Barack Obama on Friday will lay out his approach to electing fellow Democrats in congressional campaigns this year as his party tries to overcome stiff headwinds brought about at least in part due to his signature healthcare law. The president will address the winter meeting of the Democratic National Committee in Washington with the aim of maintaining a spirit of unity among party activists. Democrats are trying to face down emboldened Republicans who see a chance of capturing the Senate and building on their majority in the House of Representatives. Obama will make the case that there are still items on his agenda that he would like to see approved in an election year.

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