LAUSANNE, Switzerland (AP) — The Latest from the IOC meeting on Russia's participation at the Rio Games (all times local):
LOS ANGELES (AP) — Thousands of homes remained evacuated Sunday as two massive wildfires raged in tinder-dry California hills and canyons, and authorities said a burned body was found in one neighborhood swept by the flames.
A fire burning out of control in Southern California has grown to a massive 20,000 acres, officials said Sunday, as residents in an area north of Los Angeles were forced to evacuate. The blaze, which has been dubbed the "Sand Fire" after a nearby neighborhood, is only 10 percent contained, according to the National Wildfire Coordinating Group (NWCG). Local media reported that a burned body had been recovered in the city of Santa Clarita, located some 35 miles (55 kilometers) from downtown Los Angeles, although it was unclear if the individual had died in the blaze.
By Mia Shanley and Niklas Pollard STOCKHOLM (Reuters) - Business tycoon Melker Schorling, one of Sweden's most prominent investors, says he is well-positioned to expand his 60 billion crown ($7 billion) investment empire even as he prepares to hand over affairs to his daughters. MSAB, the holding company he set up in 1999 which spans a diverse set of companies from measurement technology to locks and guards, has consistently outperformed larger rivals. Investors attribute Schorling's success to a knack for picking small specialists which go on to become global market leaders.