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News Wrap: Texas attorney general charged for securities fraud

In our news wrap Monday, the attorney general of Texas was formally charged with securities fraud for allegedly encouraging people to invest in a tech startup without disclosing that he was being compensated. Also, the jury that convicted James Holmes for killing a dozen people at a movie theater refused to rule out the death penalty for his sentence.

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  • JUDY WOODRUFF:

    Thousands of firefighters in California looked to the weather forecast today for relief from a scourge of wildfires. Lower temperatures and higher humidity helped crews trying to contain the biggest fire. It's burning near Lower Lake, 100 miles north of San Francisco. Thousands of people have been warned to evacuate. We will have a full report after the news summary.

  • GWEN IFILL:

    The attorney general of Texas, Ken Paxton, has been formally charged with securities fraud. The Tea Party conservative allegedly encouraged people to invest in a tech start-up without telling them he was being compensated by the company. Prosecutors say it happened before Paxton took office in January.

  • JUDY WOODRUFF:

    A Colorado jury refused today to rule out the death penalty for James Holmes, who shot a dozen people to death at a movie theater in 2012. The same jury that convicted him is now considering a sentence. Today's finding sets up final testimony starting tomorrow.

  • GWEN IFILL:

    In Syria, at least 17 people were killed today when government planes bombed a busy marketplace and one of the planes crashed. It happened in a northwestern town held by rebels. But it wasn't clear if the plane was shot down. At least seven buildings in the market were left in ruins. In addition to those confirmed dead, local reports said many people were missing.

  • MAN (through interpreter):

    By God, this market was full of people and the people came to get some money. Each person was at his stall, but now all of them are under the rubble. All the people are under the rubble. The plane, the pilots and its missile all hit the market. They left nothing of the market at all.

  • GWEN IFILL:

    The town was captured by opposition fighters and militants in May.

  • JUDY WOODRUFF:

    A rift has emerged in the ranks of Afghanistan's Taliban over the group's new leader. The militants announced the selection of Mullah Akhtar Mohammad Mansoor last week. He succeeds the late Mullah Omar, but now Omar's brother says Mansoor was selected by only a few, and doesn't have the group's full support.

  • GWEN IFILL:

    The government of India is telling telecom companies to block more than 850 adult Web sites and bar easy access to online pornography. Officials said today they want to protect children and social decency. The move touched off a debate in the world's largest democracy over morality versus personal freedoms.

  • JUDY WOODRUFF:

    The stock market in Greece plunged today after reopening from a five-week shutdown. The main Athens index plummeted nearly 23 percent at the opening of trading. Analysts said most investors are just trying to raise cash.

  • EVANGELOS SIOUTIS, Financial Analyst (through interpreter):

    There is a sense of panic. There is no liquidity in the market and some traders are selling off in their quest for liquidity. And there are no buyers because the Greek economy has been hard-hit by the imposition of capital controls and the bank closures. The outlook is not clear.

  • JUDY WOODRUFF:

    The Greek market ultimately recovered some of its losses, but still ended down by more than 16 percent.

  • GWEN IFILL:

    Closer to home, Puerto Rico's debt crisis deepened today after it missed a major payment. The U.S. commonwealth was supposed to repay $58 million on Saturday. Altogether, the island owes more than $70 billion to its creditors.

  • JUDY WOODRUFF:

    Detroit automakers posted solid sales heading into the second half of the year. General Motors and Fiat Chrysler saw July business rise more than 6 percent over a year ago. Ford said its sales for the month gained 5 percent. Japanese automakers Honda and Nissan did better still. They were up 8 percent.

  • GWEN IFILL:

    Wall Street gave up ground today, as oil prices sank to near $45 a barrel. The Dow Jones industrial average lost more than 90 points to close below 17600. The Nasdaq fell 13 points and the S&P 500 dropped six.

  • JUDY WOODRUFF:

    Senate Republicans tried and failed this evening to cut off federal funds for Planned Parenthood. They pressed the issue after the release of videos that show Planned Parenthood officials casually discussing procedures to obtain fetal tissue. The videos were secretly shot by anti-abortion activists.

  • GWEN IFILL:

    And former Pennsylvania Senator Richard Schweiker has died. The former congressman and Cabinet secretary was a liberal Republican who became Ronald Reagan's vice presidential running mate in 1976, during Reagan's first, failed bid. Richard Schweiker was 89 years old.

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