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The founder of a $200m (£130m) hedge fund, Thomas Gilbert Sr, has been shot dead in his flat in New York City, police say.

His son, Thomas Gilbert Jr, 30, is being questioned by police but no charges have been filed.

Mr Gilbert, 70, was the founder and president of Wainscott Capital Partners, which was founded in 2011.

He was found on Sunday in a bedroom of the flat on Beekman Place. A gun was found near his body.

Wainscott focuses on the biotech and health care industries and reportedly made a 25% return in recent years.

The younger Gilbert was handcuffed at his own apartment and brought to a local police precinct for questioning several hours after his father was found, according to local media.

Jury selection has begun in the US trial of Boston Marathon bombing suspect Dzhokhar Tsarnaev, who is accused of killing three people and injuring more than 260 in April 2013.

Mr Tsarnaev faces the possibility of the death penalty if he is convicted of detonating a pair of homemade bombs.

The attack near the marathon’s finish line was the largest on American soil since 9/11.

Mr Tsarnaev has pleaded not guilty to all 30 charges against him.

His trial is expected to last at least three months.

Jury selection alone is expected to take several weeks as Judge George O’Toole selects 12 jurors and six alternates from about 1,200 prospective jurors who have been summoned to the court in Boston.

The process could be made more complicated if potential jurors express objections to the death penalty.

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Former Virginia Governor Bob McDonnell has been sentenced to two years in prison for public corruption.

Mr McDonnell, 60, was convicted on 11 charges in September, including wire fraud and receiving property based on his official duties.

Prosecutors had recommended a prison sentence of 10 years while his defence asked the judge for community service.

The six-week trial exposed the McDonnell family’s strained marriage and shaky finances.

His wife, Maureen, was also found guilty in September of eight charges. She will be sentenced in February.

The couple accepted $165,000 in gifts and loans, including a Rolex watch, designer clothing and vacations in exchange for promoting Star Scientific, a vitamin firm, and doing favours for its chief executive, Jonnie Williams.

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Lawyers representing a woman who has alleged Prince Andrew and law professor Alan Dershowitz had sex with her when she was a minor are suing Mr Dershowitz for defamation.

The lawyers accuse Mr Dershowitz of mounting a media assault on their reputation and character.

The development comes a day after he began legal proceedings to clear his name.

Both Buckingham Palace and Mr Dershowitz deny the claims.

On Monday, Mr Dershowitz filed papers at a court in Florida, where the case is being heard, to contest what he described as “absolutely outrageous claims”.

The former Harvard law professor has asked for his name to be removed from documents which accuse him and Prince Andrew of having sexual relations with Virginia Roberts, known in court as Jane Doe #3, who was under the age of consent in the US at the time of the alleged incidents.

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Kurdish fighters battling Islamic State (IS) in Kobane, northern Syria, have seized a key district and now control 80% of the town, activists say.

Syrian Kurds backed by Iraqi Peshmerga forces captured the security district including the police HQ, the Syrian Observatory for Human Rights said.

IS advanced on the town in September and quickly overran much of it.

Since then, however, Kurdish fighters helped by US-led air strikes have steadily pushed them back.

The Observatory, based in the UK, said Kurdish fighters known as the People’s Protection Units (YPG) had seized the security area after fierce clashes that started on Sunday night.

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