Lawyers for the head of the International Monetary Fund say Dominique Strauss-Kahn will fight the charges that he sexually assaulted a housekeeper at a luxury Manhattan hotel. The Frenchman remains in custody after a judge denied his request for bail.
The head of the International Monetary Fund, Dominique Strauss-Kahn, was arrested over the weekend in New York on suspicion of attempted rape. The charges relate to an assault on a chamber maid at a New York hotel. Strauss-Kahn, who denies all the charges, had been expected to run for president of France.
President Obama will be in upstate New York today touring a General Electric factory and showcasing that company's successes. Mr. Obama just named GE's chief executive the head of a new panel on jobs and competitiveness. GE boss Jeff Immelt has been speaking about the need to focus on manufacturing and increase the country's exports.