Plea of ex-Bayou fund executive delayed

A federal judge declined to take the guilty plea of former hedge fund executive Samuel Israel III to bail jumping on Wednesday after Israel indicated he was being weaned from a powerful prescription painkiller.

Israel, the former chief executive of defunct hedge-fund firm Bayou Management, told US District Judge Kenneth Karas in White Plains that he was being weaned from fentanyl patches with methadone and considered himself only "60 to 70%" at a hearing Wednesday.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached