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Jailed swindler Madoff goes to court to hear fate

Posted: June 29th, 2009, 8:58am MDT

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NEW YORK (Reuters) - Disgraced financier Bernard Madoff heard scorn from his victims on Monday at a sentencing hearing at which he will learn his punishment for running Wall Street's biggest and most brazen investment fraud.

Leftist leaders rally around Honduran president

Posted: June 29th, 2009, 8:57am MDT

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TEGUCIGALPA (Reuters) - Leftist Latin American leaders rallied around ousted Honduran President Manuel Zelaya on Monday and tried to thrash out a response to an army coup that sparked protests in the impoverished nation and drew worldwide condemnation.

Supreme Court rules against city in race-based promotions case

Posted: June 29th, 2009, 8:51am MDT

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WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Monday that New Haven, Connecticut, discriminated against a mostly white group of firefighters who were denied promotions, overturning a decision by high court nominee Sonia Sotomayor.

Pontiac, Michigan feels brunt of GM's pain

Posted: June 29th, 2009, 8:32am MDT

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PONTIAC, Michigan (Reuters) - The decline of U.S. automakers has for years affected those who live in Pontiac.

Michael Jackson's final hours puzzle doctor, family

Posted: June 29th, 2009, 8:29am MDT

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LOS ANGELES (Reuters) - Both Michael Jackson's family and his personal physician were at pains to explain on Sunday what caused the troubled pop star's sudden death weeks before his long-awaited comeback.

Partial recount in Iran, reformers want annulment

Posted: June 29th, 2009, 7:28am MDT

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TEHRAN (Reuters) - Iran held a partial recount on Monday of its disputed election won by President Mahmoud Ahmadinejad, but one defeated reformist candidate said annulment of the poll was "the only way to regain the people's trust."

Israel to build 50 new homes at W.Bank settlement

Posted: June 29th, 2009, 7:15am MDT

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JERUSALEM (Reuters) - Israel's Defense Ministry said Monday it had approved construction of 50 new homes at a West Bank settlement as part of a plan for 1,450 housing units, an expansion that defies a U.S. call for a settlement freeze.

Obama opposes energy bill trade penalties: reports

Posted: June 29th, 2009, 6:47am MDT

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WASHINGTON (Reuters) - President Barack Obama on Sunday called a House-passed climate change bill "an extraordinary first step," but spoke out against a provision that would impose trade penalties on countries that fail to cut greenhouse gas emissions.

Scientists kill cancer cells with "trojan horse"

Posted: June 29th, 2009, 3:57am MDT

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SYDNEY (Reuters) - Australian scientists have developed a "trojan horse" therapy to combat cancer, using a bacterially-derived nano cell to penetrate and disarm the cancer cell before a second nano cell kills it with chemotherapy drugs.

Argentine leader suffers sharp blow in vote

Posted: June 29th, 2009, 1:40am MDT

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BUENOS AIRES (Reuters) - Argentine President Cristina Fernandez suffered a stinging blow in Sunday's mid-term, losing her majority in the lower house as voters rejected her combative politics and handling of an economic slowdown.

King of Pop Michael Jackson dies, aged 50

Posted: June 25th, 2009, 10:17pm MDT

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LOS ANGELES (Reuters) - Michael Jackson, the child star turned King of Pop who set the world dancing but whose musical genius was overshadowed by a bizarre lifestyle and sex scandals, died on Thursday. He was 50.

Two weeks after: Iran rallies fade, elite split

Posted: June 25th, 2009, 10:08pm MDT

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TEHRAN (Reuters) - Iran's leadership has quelled mass protests over a disputed presidential poll two weeks ago, but the battle has moved off the street into a behind-the-scenes struggle splitting the clerical establishment into two camps.

Bernanke denies Fed threatened BofA over Merrill deal

Posted: June 25th, 2009, 9:18pm MDT

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WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke, facing his toughest grilling yet by U.S. lawmakers, said on Thursday he had never threatened to fire Bank of America's management if they pulled the plug on a planned merger with Merrill Lynch.

Allen Stanford pleads not guilty in fraud case

Posted: June 25th, 2009, 6:34pm MDT

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HOUSTON (Reuters) - Texas financier Allen Stanford will spend another night in a Texas jail after he pleaded not guilty on Thursday to 21 criminal charges that he ran a $7 billion Ponzi scheme.

U.S. pressing China "Green Dam" concern on all fronts

Posted: June 25th, 2009, 5:43pm MDT

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WASHINGTON (Reuters) - The United States still hopes it can persuade China to abandon, or at least delay, its plan to require controversial filtering software on new computers, despite growing trade friction over the issue, a U.S. trade official said on Thursday.

Embattled South Carolina Governor Sanford to repay trip expenses

Posted: June 25th, 2009, 5:37pm MDT

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ATLANTA (Reuters) - South Carolina Governor Mark Sanford, facing pressure to resign over an extramarital affair, said on Thursday he would repay state funds he used for an official trip to Argentina during which he met his mistress.

Obama pledges push this year for immigration reform

Posted: June 25th, 2009, 4:40pm MDT

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WASHINGTON (Reuters) - President Barack Obama tapped a top Cabinet official on Thursday to work with Congress to speed immigration reform as senators warned another failed effort could doom chances for a generation.

Nominees emerge for U.S. panel on Wall Street meltdown

Posted: June 25th, 2009, 2:42pm MDT

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WASHINGTON (Reuters) - A bipartisan panel armed with subpoena power to investigate causes of the Wall Street meltdown is on the brink of being launched, as Congress embarks on an ambitious effort to reform policing of the financial sector.

Supreme Court rejects school strip search

Posted: June 25th, 2009, 1:52pm MDT

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WASHINGTON (Reuters) - A public school violated the privacy rights of a teenage girl who had to disrobe on suspicion she had ibuprofen pills, the U.S. Supreme Court ruled on Thursday in its first decision on student strip searches.

Iran's Ahmadinejad compares Obama to Bush

Posted: June 25th, 2009, 1:34pm MDT

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TEHRAN (Reuters) - President Mahmoud Ahmadinejad accused Barack Obama on Thursday of behaving like his predecessor toward Iran and said there was not much point in talking to Washington unless the U.S. president apologized.

Farrah Fawcett, 1970s sex symbol, dies aged 62

Posted: June 25th, 2009, 1:30pm MDT

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LOS ANGELES (Reuters) - Actress Farrah Fawcett, the "Charlie's Angels" television star whose big smile and feathered blond mane made her one of the reigning sex symbols of the 1970s, died on Thursday after a long battle with cancer. She was 62.

Bernanke denies Fed threatened BofA over Merrill deal

Posted: June 25th, 2009, 1:25pm MDT

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WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke, facing his toughest grilling yet by U.S. lawmakers, said on Thursday he had never threatened to fire Bank of America's management if they pulled the plug on a planned merger with Merrill Lynch.

Bank of America sued for gender bias over bonuses

Posted: June 25th, 2009, 1:23pm MDT

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NEW YORK (Reuters) - Bank of America Corp was accused in a Manhattan federal lawsuit of discriminating against female brokers at the former Merrill Lynch & Co by offering them lower retention bonuses than male counterparts.

Jobs picture dims and overshadows improved GDP

Posted: June 25th, 2009, 1:12pm MDT

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WASHINGTON (Reuters) - Fresh signs of weakness in the U.S. job market on Thursday underlined the strains on a recession-struck U.S. economy that contracted slightly less in the first quarter than previously thought.

Allen Stanford pleads not guilty in fraud case

Posted: June 25th, 2009, 12:50pm MDT

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HOUSTON (Reuters) - After spending a week in jail, Texas financier Allen Stanford pleaded not guilty on Thursday to 21 criminal charges that he ran a $7 billion Ponzi scheme.

Angry Iraqis demand protection from bombings

Posted: June 25th, 2009, 10:07am MDT

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BAGHDAD (Reuters) - Hundreds of angry Iraqis gathered on Thursday around the wreckage of a market bombing in Baghdad where 78 people were killed, demanding better protection from the government when U.S. troops pull back to rural bases.

Google slammed as China, U.S. quarrel over Internet

Posted: June 25th, 2009, 7:37am MDT

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BEIJING (Reuters) - China on Thursday stepped up accusations that Google is spreading obscene content over the Internet, a day after U.S. officials urged Beijing to abandon plans for controversial filtering software on new computers.

Washington subway crash kills 6, injures 70

Posted: June 22nd, 2009, 7:25pm MDT

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WASHINGTON (Reuters) - Two Washington, D.C., subway trains collided during the Monday afternoon rush hour, killing six people and injuring 70 in a mass of tangled metal.

Drug company deal may give Obama a boost

Posted: June 22nd, 2009, 5:35pm MDT

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WASHINGTON (Reuters) - President Barack Obama on Monday hailed a deal with U.S. drug companies to cut prescription costs for the elderly, a move that could help him drive his ambitious healthcare reforms through Congress.

Obama signs landmark law to regulate tobacco

Posted: June 22nd, 2009, 5:34pm MDT

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WASHINGTON (Reuters) - President Barack Obama, citing his own struggle to give up smoking, signed a law on Monday giving the U.S. government broad regulatory power for the first time over cigarettes and other tobacco products.

U.S. SEC charges Madoff middlemen with fraud

Posted: June 22nd, 2009, 5:27pm MDT

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NEW YORK (Reuters) - A brokerage firm and a Hollywood investment adviser that were key middlemen for Wall Street thief Bernard Madoff were hit with civil fraud charges on Monday, accused of steering new clients into the swindler's lair as he sought to keep his massive Ponzi scheme running.

Iran Revolutionary Guard threaten protest crackdown

Posted: June 22nd, 2009, 4:49pm MDT

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TEHRAN (Reuters) - Police broke up a protest in Tehran on Monday hours after the hardline Revolutionary Guards said they would crush any fresh resistance from "rioters."

World Bank cuts forecasts

Posted: June 22nd, 2009, 4:04pm MDT

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NEW YORK/LONDON (Reuters) - The World Bank and Organization for Economic Co-operation and Development offered dispiriting assessments of the world economy on Monday, although corporate sentiment surveys in Germany and Japan created some hope that recovery could be on the way.

Warren Buffett charity lunch bid tops $70,000

Posted: June 22nd, 2009, 3:32pm MDT

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NEW YORK (Reuters) - The annual charity auction of a steak lunch with billionaire investor Warren Buffett, which raised a record $2.11 million last year, is off to a strong start.

White House sees 10 percent unemployment within months

Posted: June 22nd, 2009, 2:17pm MDT

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WASHINGTON (Reuters) - The U.S. unemployment rate is likely rise from already high levels to 10 percent in the next couple of months, a White House spokesman said on Monday.

Supreme Court avoids major voting rights ruling

Posted: June 22nd, 2009, 11:47am MDT

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WASHINGTON (Reuters) - The U.S. Supreme Court declined on Monday to rule on the constitutionality of part of the landmark 1965 Voting Rights Act which sought to protect minorities in states with a history of racial discrimination.

Pakistan army says in final phase of Swat offensive

Posted: June 22nd, 2009, 9:59am MDT

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ISLAMABAD (Reuters) - Pakistan security forces are near the end of their offensive in the Swat valley, the army said on Monday, with more than 40,000 people on the move before the next phase starts against the Pakistani Taliban's headquarters.

Ancient Holy Land quarry uncovered, team says

Posted: June 21st, 2009, 1:15pm MDT

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JERUSALEM (Reuters) - Israeli archaeologists said on Sunday they had discovered the largest underground quarry in the Holy Land, dating back to the time of Jesus and containing Christian symbols etched into the walls.

Gunfire heard in northern Tehran

Posted: June 21st, 2009, 12:17pm MDT

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TEHRAN (Reuters) - Gunfire rang out in Tehran late on Sunday and pro-reform clerics stepped up criticism of Iran's authorities after more than a week of unprecedented popular defiance against the leadership of the Islamic Republic.

Death toll from Iraq's Kirkuk blast rises to 73

Posted: June 21st, 2009, 10:34am MDT

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KIRKUK, Iraq (Reuters) - The death toll from Iraq's deadliest bombing in more than a year rose to 73, police said on Sunday, a day after a suicide bomber detonated a truck packed with explosives outside a mosque in the north of the country.

Israel's Barak sees chance for peace progress

Posted: June 21st, 2009, 9:55am MDT

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CAIRO (Reuters) - Israeli Defense Minister Ehud Barak said Sunday he saw a chance to advance peace talks with Palestinians and that a policy speech by Israel's premier, dismissed by Egypt as flawed, was a major step forward.

Obama's healthcare push on rocky road in Congress

Posted: June 21st, 2009, 8:17am MDT

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WASHINGTON (Reuters) - Growing worries over budget deficits and government intervention could jeopardize President Barack Obama's proposed healthcare overhaul in Congress as lawmakers bicker over costs and strategies for covering the uninsured.

Dalai Lama says favors democratic leadership

Posted: June 21st, 2009, 7:03am MDT

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DHARAMSALA, India (Reuters) - The Dalai Lama has encouraged Tibetans in exile to embrace the democratic system of electing a leader, saying it was essential to keep step with the larger world and to ensure the continuity of their government.

Pakistani aircraft hit militants near Afghan border

Posted: June 21st, 2009, 5:24am MDT

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WANA, Pakistan (Reuters) - Pakistani forces used aircraft and artillery on Sunday as they stepped up an assault aimed at eliminating Pakistani Taliban commander Baituallah Mehsud.

Wide support for government health plan: poll

Posted: June 20th, 2009, 11:45pm MDT

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WASHINGTON (Reuters) - Americans strongly support fundamental changes to the healthcare system and a move to create a government-run insurance plan to compete with private insurers, according to a New York Times/CBS News poll published on Saturday.

Singapore says would act if North Korea ship has WMD

Posted: June 20th, 2009, 10:51pm MDT

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SINGAPORE (Reuters) - Singapore will take action against a North Korean ship that the United States is monitoring, if the vessel heads to its port with a cargo of weapons, the government said on Saturday.

Steve Jobs received liver transplant: report

Posted: June 20th, 2009, 3:44pm MDT

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SAN FRANCISCO (Reuters) - Apple Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on Saturday.

Thousands mourn Iranians killed in protests

Posted: June 18th, 2009, 9:01pm MDT

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TEHRAN (Reuters) - Iran's supreme leader will address the nation on Friday for the first time since a disputed election result triggered the biggest protests the Islamic Republic has seen.

Pilot dies, plane lands safely in Newark

Posted: June 18th, 2009, 8:58pm MDT

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NEW YORK (Reuters) - A pilot on a Continental Airlines flight from Brussels to Newark died in mid-flight on Thursday, but the plane landed safely in New Jersey under the control of two co-pilots, authorities said on Thursday.

Allen Stanford to surrender to U.S. authorities: lawyer

Posted: June 18th, 2009, 7:41pm MDT

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HOUSTON (Reuters) - Texas billionaire Allen Stanford will appear in a federal court in Virginia on Friday over allegations of massive fraud involving his Antigua bank, U.S. officials said after he surrendered to the FBI.

CIA seeks laid-off bankers in N.Y. recruitment drive

Posted: June 18th, 2009, 6:31pm MDT

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NEW YORK (Reuters) - Laid off from Wall Street? The CIA wants you -- as long as you can pass a lie detector test and show that you are motivated by service to your country rather than your wallet.

U.S. Navy tracks North Korean ship

Posted: June 18th, 2009, 6:19pm MDT

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SEOUL (Reuters) - North and South Korean officials meet on Friday to discuss Pyongyang's demands for salary and rent increases at a joint factory park in the cash-starved communist state that is one of its few sources of hard currency.

Polls find rising concern with Obama on key issues

Posted: June 18th, 2009, 4:52pm MDT

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WASHINGTON (Reuters) - President Barack Obama faces growing concerns among voters over government spending, the auto industry bailout and other economic policies, according to two opinion polls released on Wednesday.

Thousands mourn Iranians killed in protests

Posted: June 18th, 2009, 4:37pm MDT

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TEHRAN (Reuters) - Iran's supreme leader will address the nation on Friday for the first time since a disputed election result triggered the biggest protests the Islamic Republic has seen.

Mexican gun-runners helped by lax U.S. laws: report

Posted: June 18th, 2009, 4:27pm MDT

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WASHINGTON (Reuters) - Loophole-laden laws in the United States are hampering efforts to stop the gun smuggling that fuels Mexico's drug-related violence, according to a congressional report released on Thursday.

Congress sends $106 billion war funds bill to Obama

Posted: June 18th, 2009, 4:15pm MDT

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WASHINGTON (Reuters) - The U.S. Congress on Thursday sent President Barack Obama a $106 billion bill to pay for the Iraq and Afghanistan wars after political sparring that could foreshadow tougher fights over Obama's agenda.

Pilot dies, plane lands safely in Newark

Posted: June 18th, 2009, 1:51pm MDT

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NEW YORK (Reuters) - A pilot on a Continental Airlines flight from Brussels to Newark died in mid-flight on Thursday, but the plane landed safely in New Jersey under the control of two co-pilots, authorities said on Thursday.

U.S. Treasury warns on North Korea cash transactions

Posted: June 18th, 2009, 12:01pm MDT

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WASHINGTON (Reuters) - The U.S. Treasury Department on Thursday warned banks that North Korea may increasingly try to use cash transactions to evade U.N. sanctions aimed at cutting off financing to its nuclear program.

U.S. drones kill 9 in Waziristan: Pakistan officials

Posted: June 18th, 2009, 11:54am MDT

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WANA, Pakistan (Reuters) - Missiles fired from suspected U.S. drone aircraft at an insurgent training camp in Pakistan's South Waziristan tribal region on the Afghan border killed nine militants Thursday, intelligence officials said.

Obama lobbies U.S. doctors on healthcare reforms

Posted: June 15th, 2009, 6:05pm MDT

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CHICAGO (Reuters) - President Barack Obama on Monday warned doctors the U.S. healthcare system was a ticking time bomb and urged them to support his overhaul plan, which includes a public insurance program that many of them view with skepticism.

Palestinian dismay, U.S. and EU cautious on Netanyahu

Posted: June 15th, 2009, 5:46pm MDT

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RAMALLAH, West Bank (Reuters) - Palestinians voiced dismay on Monday over terms Benjamin Netanyahu set for a peace deal but the Israeli leader won guarded approval in Washington and Brussels for at least accepting Palestinian statehood.

U.S. financial regulation reforms outlined

Posted: June 15th, 2009, 4:39pm MDT

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WASHINGTON (Reuters) - The Obama administration will target critical weaknesses in the troubled U.S. financial system, such as thin bank capital cushions and eroded lending standards, when it proposes an overhaul of financial regulation this week, two senior officials said on Monday.

Court orders $507.5 million damages in Exxon Valdez spill

Posted: June 15th, 2009, 1:47pm MDT

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LOS ANGELES (Reuters) - A federal appeals court on Monday ordered Exxon Mobil Corp to pay $507.5 million in punitive damages stemming from the 1989 Exxon Valdez oil spill off Alaska, plus 5.9 percent interest running from the 1996 trial judgment, the opinion said.

North Korea's May nuclear test few kilotons: U.S.

Posted: June 15th, 2009, 12:21pm MDT

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WASHINGTON (Reuters) - The United States has determined that the nuclear test conducted by North Korea last month yielded an explosion of a few kilotons, the U.S. Office of the Director of National Intelligence said on Monday.

EU ready to help settle Guantanamo ex-detainees

Posted: June 15th, 2009, 8:37am MDT

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LUXEMBOURG (Reuters) - European Union member states are ready to help resettle detainees freed from the U.S. detention center at Guantanamo Bay in Cuba, the EU said on Monday.

Pakistan steels for army assault on Waziristan

Posted: June 15th, 2009, 7:31am MDT

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ISLAMABAD (Reuters) - Pakistan braced for militant reprisals on Monday as the army conducted softening-up operations ahead of an assault on the stronghold of Pakistani Taliban leader Baitullah Mehsud, one of al Qaeda's main allies.

Mayors say cities need direct economic help

Posted: June 15th, 2009, 7:30am MDT

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NEW YORK (Reuters) - Without more direct aid to U.S. local governments, Washington may make matters worse for cities facing falling tax revenues and increased spending needs, the nation's mayors said at their annual meeting this weekend.

U.S. secret operations leader takes Afghan command

Posted: June 15th, 2009, 2:51am MDT

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KABUL (Reuters) - A veteran commander of top-secret special operations took charge of the nearly 90,000 U.S. and NATO troops in Afghanistan on Monday, promising to shield Afghans from civilian casualties that have cost Western troops support.

Mousavi supporters plan rally in Tehran

Posted: June 14th, 2009, 6:44pm MDT

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TEHRAN (Reuters) - Iranian demonstrators called for more mass protests on Tuesday, a day after hardline Islamic militiamen killed a man during a march by tens of thousands against a presidential election they say was rigged.

Netanyahu bows to Obama, accepts Palestinian "state"

Posted: June 14th, 2009, 6:41pm MDT

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RAMAT GAN, Israel (Reuters) - Israeli Prime Minister Benjamin Netanyahu responded on Sunday to uncommon pressure from Washington by finally giving his endorsement -- with conditions -- to the establishment of a Palestinian state.

CIA chief believes Cheney almost wants U.S. attacked

Posted: June 14th, 2009, 2:10pm MDT

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WASHINGTON (Reuters) - CIA director Leon Panetta says it's almost as if former vice president Dick Cheney would like to see another attack on the United States to prove he is right in criticizing President Barack Obama for abandoning the "harsh interrogation" of terrorism suspects.

Pakistan orders offensive against Taliban chief

Posted: June 14th, 2009, 11:49am MDT

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ISLAMABAD (Reuters) - Pakistan has ordered the military to carry out an offensive against Pakistani Taliban leader Baitullah Mehsud and his fighters, a provincial governor said on Sunday.

Lack of votes seen for Obama healthcare program

Posted: June 14th, 2009, 10:43am MDT

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WASHINGTON (Reuters) - President Barack Obama's health secretary on Sunday pushed for a new government-run healthcare program, an idea facing skepticism even in his own party, and a senior Senate Democrat flatly said votes are lacking in Congress for the proposal.

Suspected Miami cat killer caught, police say

Posted: June 14th, 2009, 10:19am MDT

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MIAMI (Reuters) - A teenager has been arrested in a string of cat killings and mutilations that horrified residents of Miami's southern suburbs, police said on Sunday.

Taliban raids increase, plan to disrupt Afghan poll: government

Posted: June 14th, 2009, 9:16am MDT

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KABUL (Reuters) - Afghanistan's interior minister said on Sunday the Taliban have stepped up their attacks in many parts of the country and warned the Islamist militants would attempt to sabotage an August 20 presidential election.

Yemen says arrests Saudi financer of al Qaeda

Posted: June 14th, 2009, 9:11am MDT

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DUBAI (Reuters) - Yemen has arrested a man described as al Qaeda's top financer in Yemen and Saudi Arabia, a security source told Reuters on Sunday, and seven Germans, a Briton and a South Korean have been kidnapped in north Yemen.

Threats, violence seen eroding U.S. abortion rights

Posted: June 14th, 2009, 8:51am MDT

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WICHITA, Kansas (Reuters) - The patients are gone and so are the protesters. Once the site of daily anti-abortion picketing, the Kansas clinic run by murdered doctor George Tiller is busy only with workers shutting down the facility.

Hearing for Supreme Court nominee poses challenges

Posted: June 14th, 2009, 5:58am MDT

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WASHINGTON (Reuters) - U.S. Senate Republicans are in a quandary over the Supreme Court nomination of Sonia Sotomayor, aiming to raise pointed questions about her record without angering increasingly influential Hispanic voters.

Penguins in seventh heaven with Cup win over Wings

Posted: June 12th, 2009, 8:56pm MDT

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DETROIT (Reuters) - The Pittsburgh Penguins claimed their revenge and a Stanley Cup with a 2-1 Game Seven win over the Detroit Red Wings Friday.

Ahmadinejad on track for re-election

Posted: June 12th, 2009, 8:51pm MDT

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TEHRAN (Reuters) - Hard-liner Mahmoud Ahmadinejad was on track for re-election in Iran's presidential vote, official figures showed on Saturday, but his moderate challenger alleged irregularities and claimed victory for himself.

U.N. widens sanctions on North Korea; China joins in

Posted: June 12th, 2009, 7:32pm MDT

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UNITED NATIONS (Reuters) - The U.N. Security Council on Friday unanimously approved wider sanctions against North Korea over its May 25 nuclear test, a move close ally China said showed firm opposition to Pyongyang's atomic ambitions.

China sub collides with array towed by U.S. ship: report

Posted: June 12th, 2009, 7:21pm MDT

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WASHINGTON (Reuters) - A Chinese submarine accidentally collided with an underwater sonar array being towed by a U.S. military ship, CNN reported on Friday, quoting an unnamed military official.

U.S. sends 3 Guantanamo detainees to Saudi Arabia

Posted: June 12th, 2009, 5:36pm MDT

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WASHINGTON (Reuters) - Three detainees from Guantanamo Bay were transferred to Saudi Arabia "under appropriate security measures," the U.S. Justice Department said on Friday, in another step toward President Barack Obama's goal of closing the prison for terrorism suspects.

Obama gives Tsvangirai words of support, no money

Posted: June 12th, 2009, 4:54pm MDT

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WASHINGTON (Reuters) - U.S. President Barack Obama gave tentative backing to Zimbabwe's fragile national unity government on Friday, but the country's prime minister, Morgan Tsvangirai, left a White House meeting largely empty-handed.

Landmark tobacco regulation bill goes to Obama

Posted: June 12th, 2009, 4:44pm MDT

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WASHINGTON (Reuters) - A landmark bill giving the U.S. government broad regulatory power for the first time over cigarettes and other tobacco products won final approval in Congress on Friday, and President Barack Obama said he would quickly sign it into law.

Pakistan's Zardari vows to fight Taliban to the end

Posted: June 12th, 2009, 3:59pm MDT

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ISLAMABAD (Reuters) - Pakistani President Asif Ali Zardari said on Saturday the Taliban wanted to take over the country and vowed to fight against militancy "to the end."

U.S. student at murder trial says police beat her

Posted: June 12th, 2009, 1:07pm MDT

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PERUGIA, Italy (Reuters) - An American university student on trial for the murder of a fellow British student testified on Friday that police had beaten her and suggested to her what she should say under interrogation.

Republicans hammer Democrats on Guantanamo

Posted: June 12th, 2009, 12:22pm MDT

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WASHINGTON (Reuters) - Republican U.S. lawmakers are digging in their heels over President Barack Obama's plans to close the Guantanamo Bay prison for foreign terrorism suspects, demanding details of his efforts, limits on detainee movements and thorough risk assessments.

Obama seeks to change Muslim perceptions of U.S.

Posted: June 4th, 2009, 3:27pm MDT

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CAIRO (Reuters) - President Barack Obama sought to change Muslim perceptions of the United States on Thursday in a speech that urged Arabs and Israelis to declare in public the realities he said they accept in private.

Chrysler sale heads to appeals court on Friday

Posted: June 4th, 2009, 2:53pm MDT

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NEW YORK (Reuters) - A U.S. federal appeals court on Friday will hear arguments that Chrysler LLC's sale to a group including Italian carmaker Fiat SpA and the U.S. government violates long-standing bankruptcy law and should not be allowed to go forward.

Iran leader issues veiled criticism of moderates

Posted: June 4th, 2009, 2:49pm MDT

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TEHRAN (Reuters) - Iran's Supreme leader said on Thursday the Islamic Republic's "honor" in the world should not be questioned, in an apparent criticism of reformers challenging President Mahmoud Ahmadinejad in this month's election.

"Kung Fu" actor David Carradine found hanged in Thai hotel

Posted: June 4th, 2009, 1:38pm MDT

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BANGKOK/LOS ANGELES (Reuters) - Actor David Carradine, star of the 1970s U.S. television show "Kung Fu," was found naked and hanging dead from a rope in the closet of his luxury Bangkok hotel room on Thursday, Thai police said.

Brazilian crews gather first Air France wreckage

Posted: June 4th, 2009, 11:57am MDT

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FERNANDO DE NORONHA, Brazil (Reuters) - Brazilian search crews fished the first debris from a crashed Air France flight out of choppy Atlantic waters on Thursday amid concern the plane may have flown through a storm at the wrong speed.

Bin Laden wants long war against infidels

Posted: June 4th, 2009, 11:43am MDT

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DUBAI (Reuters) - Al Qaeda leader Osama bin Laden called for a long war against "infidels and their agents" and warned Muslims that alliances with Christians and Jews would turn them into apostates.

Medical bills underlie 60 percent of U.S. bankrupts: study

Posted: June 4th, 2009, 9:54am MDT

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WASHINGTON (Reuters) - Medical bills are behind more than 60 percent of U.S. personal bankruptcies, U.S. researchers reported on Thursday in a report they said demonstrates that healthcare reform is on the wrong track.

North Korea to hold trial for two U.S. journalists

Posted: June 4th, 2009, 6:04am MDT

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SEOUL (Reuters) - North Korea will put on trial on Thursday two U.S. journalists it says illegally entered the country with "hostile intent" in a contentious case that comes as Pyongyang faces international anger for last week's nuclear test.

GM, Chrysler say dealer cuts key part of revival

Posted: June 3rd, 2009, 7:58pm MDT

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WASHINGTON (Reuters) - Top executives of General Motors Corp and Chrysler LLC were pressed by angry U.S. senators on Wednesday to rethink plans to slash more than 2,300 dealerships as a key part of their restructuring.

China security tight in Tiananmen; U.S. critical

Posted: June 3rd, 2009, 7:44pm MDT

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BEIJING (Reuters) - China smothered Tiananmen Square with police on Thursday to prevent commemoration of the crackdown on pro-democracy protesters 20 years ago and the United States demanded Beijing account for those killed.

UK's Brown under pressure in European, local polls

Posted: June 3rd, 2009, 6:20pm MDT

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LONDON (Reuters) - Rebels in Gordon Brown's ruling Labour Party plotted the prime minister's departure on Thursday, saying he should go if European and local elections went as badly as they feared.

New Air France debris found, explosion unlikely

Posted: June 3rd, 2009, 5:53pm MDT

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FERNANDO DE NORONHA, Brazil (Reuters) - Search crews flying over the Atlantic found debris from a crashed Air France jet spread over more than 55 miles of ocean on Wednesday, reinforcing the possibility it broke up in the air.

U.S. finds mistakes in deadly Afghan air strikes

Posted: June 3rd, 2009, 4:40pm MDT

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WASHINGTON (Reuters) - A U.S. military investigation has uncovered mistakes in air strikes that killed dozens of civilians in western Afghanistan last month, according to a U.S. military official.

Obama seeks Saudi king's advice before Cairo speech

Posted: June 3rd, 2009, 4:28pm MDT

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RIYADH (Reuters) - U.S. President Barack Obama will urge Arabs and Israelis to say publicly what they acknowledge in private about Middle East peace moves and Iran when he speaks to the Muslim world on Thursday.

Jobless rates in U.S. cities zoom higher in April

Posted: June 3rd, 2009, 2:49pm MDT

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WASHINGTON (Reuters) - The weak labor market is hurting U.S. cities -- centers of many industries and large housing markets -- with 93 metropolitan areas registering an unemployment rate of at least 10 percent in April, according to Labor Department data released on Wednesday.

Al Qaeda kills British hostage in Mali

Posted: June 3rd, 2009, 12:28pm MDT

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DUBAI/LONDON (Reuters) - Al Qaeda's North African wing said on Wednesday it had carried out its threat to kill a British hostage it was holding in the Sahara.

Lao court jails pregnant Briton for life

Posted: June 3rd, 2009, 12:03pm MDT

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VIENTIANE (Reuters) - A British woman who became pregnant while awaiting trial in Laos was sentenced on Wednesday to life in prison after being found guilty of drug smuggling.

Pakistanis aim to kill leaders of Taliban in Swat

Posted: June 3rd, 2009, 10:16am MDT

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MINGORA, Pakistan (Reuters) - Pakistani authorities are preparing for the return of residents to Swat's main town but decisive victory will only be won when Taliban leaders are dead, an army commander said on Wednesday.

Germany seals deal to save Opel

Posted: May 30th, 2009, 4:50pm MDT

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BERLIN (Reuters) - Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.

Susan Boyle beaten in talent show final

Posted: May 30th, 2009, 3:53pm MDT

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LONDON (Reuters) - Street dancers Diversity were the surprise winners of television contest "Britain's Got Talent" on Saturday, beating favorite Susan Boyle who became an Internet phenomenon and global celebrity after appearing on the show.

Deadline passes for GM bondholders

Posted: May 30th, 2009, 3:44pm MDT

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DETROIT (Reuters) - General Motors Corp on Saturday finished a key piece of business before a bankruptcy filing planned for Monday as the deadline for bondholders to accept an exchange offer brokered by the Obama administration expired.

U.S. says will not accept N.Korea as nuclear state

Posted: May 30th, 2009, 1:05pm MDT

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SINGAPORE (Reuters) - U.S. Defense Secretary Robert Gates said on Saturday the United States would not accept a nuclear-armed North Korea and he warned Pyongyang against transferring nuclear material overseas.

Suu Kyi's health improves, ready for verdict

Posted: May 30th, 2009, 11:53am MDT

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YANGON (Reuters) - Myanmar opposition leader Aung San Suu Kyi's health has improved and she is ready to face a verdict that could see the Nobel laureate jailed for up to five years, her lawyers said on Saturday.

Iran hangs three over deadly mosque bombing: report

Posted: May 30th, 2009, 11:12am MDT

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TEHRAN (Reuters) - Iran executed in public on Saturday three men convicted of involvement in a bomb attack on a mosque that killed 25 people, the official IRNA news agency reported.

U.S. urges more foreign aid for Afghanistan

Posted: May 30th, 2009, 10:30am MDT

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SINGAPORE (Reuters) - U.S. Defense Secretary Robert Gates Saturday urged the international community to give more aid to Afghanistan to build infrastructure, expand its military and police, and ensure security for elections this year.

Swat's main town "fully under control": Pakistan army

Posted: May 30th, 2009, 8:26am MDT

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ISLAMABAD (Reuters) - Pakistani forces have regained full control of Mingora, a week after re-entering the main town in the Swat valley to dislodge thousands of Taliban fighters, the military said on Saturday.

Obama: Critics of court nominee twisting her words

Posted: May 30th, 2009, 4:02am MDT

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WASHINGTON (Reuters) - President Barack Obama pushed back on Saturday at conservative critics of his Supreme Court nominee, Sonia Sotomayor, accusing them of twisting her words to score political points.

Obama asks Australia to take Guantanamo detainees

Posted: May 29th, 2009, 7:44pm MDT

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SYDNEY (Reuters) - The United States has made a new request for Australia to accept a group of detainees from Guantanamo Bay for resettlement, a government spokeswoman said on Saturday.

Myanmar court rejects Suu Kyi witnesses

Posted: May 27th, 2009, 7:56am MDT

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YANGON (Reuters) - A court in Myanmar rejected most of Aung San Suu Kyi's defense witnesses on Wednesday, the latest move critics said was aimed at sabotaging her defense in a trial that could see her jailed for five years.

Bomb in Pakistan's Lahore kills 24

Posted: May 27th, 2009, 7:48am MDT

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LAHORE, Pakistan (Reuters) - Gunmen attacked a police headquarters in the Pakistani city of Lahore on Wednesday, setting off a car-bomb that killed at least 24 people in what the government said was revenge for an offensive against the Taliban.

Irish orders yielding to abuse reparation demands

Posted: May 27th, 2009, 7:03am MDT

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DUBLIN (Reuters) - Irish religious orders said on Wednesday they would address government demands to pay more compensation to people who were raped and beaten while attending Catholic-run schools.

U.S., Israel square off over settlement expansion

Posted: May 27th, 2009, 6:54am MDT

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EFRAT, West Bank (Reuters) - On a hillside neighborhood in the West Bank settlement of Efrat, workers construct a foundation that will expand a building toward a nearby playground.

GM bond deadline passes, bankruptcy seen near

Posted: May 27th, 2009, 6:51am MDT

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WASHINGTON/DETROIT (Reuters) - General Motors Corp said on Wednesday that a crucial bond exchange proposal failed to gain enough support and that its board of directors would meet to review the automaker's options, clearing the path for what would be the largest U.S. industrial bankruptcy ever.

North Korea threatens to attack South if ships searched

Posted: May 27th, 2009, 6:33am MDT

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SEOUL (Reuters) - North Korea, facing international censure for this week's nuclear test, threatened on Wednesday to attack the South after it joined a U.S.-led plan to check vessels suspected of carrying equipment for weapons of mass destruction.

Obama's top court choice Sotomayor faces battle

Posted: May 27th, 2009, 6:09am MDT

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WASHINGTON (Reuters) - President Barack Obama's pick of Sonia Sotomayor to join the U.S. Supreme Court will trigger a battle in the U.S. Senate over what conservatives called her liberal positions, but she is likely to prevail.

California court upholds gay marriage ban

Posted: May 27th, 2009, 5:53am MDT

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SAN FRANCISCO (Reuters) - California's supreme court backed a ban on gay marriage on Tuesday, upholding a voter-approved proposition defining marriage as between a man and a woman, but said the marriages last year of 18,000 same-sex couples were still legal.

Millions displaced by cyclone in India, Bangladesh

Posted: May 27th, 2009, 5:30am MDT

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KOLKATA, India (Reuters) - Cyclone Aila has displaced millions of people in India and Bangladesh, only a fraction of whom have access to food and drinking water, officials said on Wednesday.

U.S. recession to end soon, modest recovery seen: poll

Posted: May 27th, 2009, 4:40am MDT

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WASHINGTON (Reuters) - The U.S. recession is set to end "soon," but continued job losses and plunging house prices point to an economic recovery that will be more moderate than those experienced in previous downturns, a survey showed.

Fed's Kohn says rates likely to stay low for some time

Posted: May 23rd, 2009, 11:32pm MDT

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PRINCETON, New Jersey (Reuters) - The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

Ecuador says mining, oil must be in state hands

Posted: May 23rd, 2009, 11:02pm MDT

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QUITO (Reuters) - Ecuador's President Rafael Correa said on Saturday that key sectors of the economy, including oil and mines, must be in government hands.

Obama picks ex-astronaut Bolden to lead NASA

Posted: May 23rd, 2009, 10:16pm MDT

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WASHINGTON/CAPE CANAVERAL, Florida (Reuters) - President Barack Obama will name former space shuttle commander Charles Bolden to lead NASA, the White House said on Saturday, in the midst of a major shift in the U.S. human space program.

South Korea plans for funeral of former President Roh

Posted: May 23rd, 2009, 9:30pm MDT

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SEOUL (Reuters) - Global leaders sent condolences and South Korea's government on Sunday planned for the funeral of former President Roh Moo-hyun who apparently jumped to his death after being hounded for weeks in a widening corruption scandal.

Pakistani troops fight Taliban in Swat's main town

Posted: May 23rd, 2009, 2:20pm MDT

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ISLAMABAD (Reuters) - Street fighting erupted in the main town of Pakistan's Swat valley on Saturday as security forces mounted a new phase of their offensive against Taliban militants, the military said.

Iran says powers agree to nuclear talks after vote

Posted: May 23rd, 2009, 12:00pm MDT

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TEHRAN (Reuters) - Iran has told world powers including the United States talks on its nuclear program must wait until after the Islamic Republic's presidential election on June 12, President Mahmoud Ahmadinejad said on Saturday.

Weather stymies shuttle landing again, re-try Sunday

Posted: May 23rd, 2009, 9:31am MDT

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CAPE CANAVERAL, Florida (Reuters) - Rainstorms and clouds over Florida forced the space shuttle Atlantis to cancel its attempted homecoming for a second day on Saturday, and NASA said it would try to bring it back to Earth on Sunday.

Iraq PM slams law pardoning mainly Sunni prisoners

Posted: May 23rd, 2009, 8:56am MDT

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BAGHDAD (Reuters) - Iraq's Shi'ite leader vowed on Saturday to amend a law meant to foster sectarian reconciliation by pardoning mostly Sunni prisoners, saying it had led to the release of "terrorists" and corruption suspects.

U.S., Afghan forces kill 60 in drug raid: military

Posted: May 23rd, 2009, 4:12am MDT

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KABUL (Reuters) - U.S. and Afghan forces have killed 60 militants, almost half in air strikes, and seized one of the country's largest ever drug caches over a four-day operation in southern Helmand province, the U.S. military said on Saturday.

Obama "confident" GM can thrive after restructuring

Posted: May 22nd, 2009, 11:53pm MDT

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WASHINGTON (Reuters) - U.S. President Barack Obama said in an interview released on Saturday he was confident General Motors would thrive after restructuring, but he made no mention whether the ailing automaker might have to enter bankruptcy to complete reorganization.

IRS lax in destroying sensitive tax papers

Posted: May 21st, 2009, 8:22am MDT

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WASHINGTON (Reuters) - Sensitive documents about U.S. taxpayers were found in trash outside all Internal Revenue Service sites visited in a investigation, putting the people at risk of identity theft, an inspector's report says.

Baghdad, Kirkuk suicide bombers kill 19: police

Posted: May 21st, 2009, 8:01am MDT

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BAGHDAD (Reuters) - Suicide bombers killed at least 19 people in Iraq on Thursday in separate attacks in Baghdad and the northern city of Kirkuk, security officials said, underscoring the fragility of Iraq's security gains.

U.S. new jobless claims drop 12,000 last week

Posted: May 21st, 2009, 7:50am MDT

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WASHINGTON (Reuters) - The number of U.S. workers filing new claims for jobless aid fell 12,000 last week, Labor Department data showed on Thursday, while so-called continued claims rose to a fresh record as the recession battered employment.

H1N1 flu must be global before Phase 6: WHO chief

Posted: May 21st, 2009, 7:42am MDT

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GENEVA (Reuters) - The head of the World Health Organization said on Thursday she would not hesitate to raise the global pandemic alert to the top of the six-point scale if the new H1N1 flu is spreading globally.

Pakistan's allies promise $224 million for displaced

Posted: May 21st, 2009, 7:29am MDT

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ISLAMABAD (Reuters) - Pakistan's allies promised $224 million in aid for about 1.5 million people displaced by an offensive against the Taliban after the government warned that the militants could exploit a failure to help.

Obama to lay out "framework" for closing Guantanamo

Posted: May 21st, 2009, 7:12am MDT

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WASHINGTON (Reuters) - President Barack Obama on Thursday will outline his strategy for closing the U.S. prison at Guantanamo Bay, hoping to defuse a revolt by lawmakers over the fate of an internationally reviled symbol of Bush-era detainee policy.

Intruder had "vision" Suu Kyi in danger: lawyer

Posted: May 21st, 2009, 7:11am MDT

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YANGON (Reuters) - The American man at the center of the trial against Myanmar opposition leader Aung San Suu Kyi swam to her house after having a vision that her life was in danger, Suu Kyi's lawyers said on Thursday.

Suspects in NY jihad plot due in court

Posted: May 21st, 2009, 6:57am MDT

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NEW YORK (Reuters) - New York's mayor and police chief sought to calm Jewish worshipers on Thursday, the morning after authorities said they foiled a plot to blow up two synagogues and simultaneously shoot down military planes.

S&P cuts UK's rating outlook to negative

Posted: May 21st, 2009, 6:23am MDT

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LONDON (Reuters) - Ratings agency Standard & Poor's lowered its outlook on Britain to negative on Thursday, citing government debt that would be hard to rein in and political uncertainty about the policy response with an election looming.

Gay-marriage bill stalls in New Hampshire

Posted: May 20th, 2009, 5:39pm MDT

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MANCHESTER, New Hampshire (Reuters) - A bill that would have made New Hampshire the sixth state in the United States to authorize gay marriage stalled unexpectedly Wednesday over concessions to religious groups opposed to such unions.

Kuwait women enter parliament, deadlock may not end

Posted: May 17th, 2009, 7:37am MDT

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KUWAIT (Reuters) - Women won four seats in Kuwait's parliament, a first in the Gulf Arab state's history, but with many of the same faces back, Saturday's election is unlikely to end a political deadlock that has delayed economic reforms.

Pakistan urges civilians to flee from Swat

Posted: May 17th, 2009, 6:41am MDT

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ISLAMABAD (Reuters) - The Pakistani government on Sunday urged people stranded by a military offensive against Taliban militants in the Swat valley to try to get out.

Buoyant Congress eyes new allies for coalition

Posted: May 17th, 2009, 6:11am MDT

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NEW DELHI (Reuters) - India's ruling Congress-led coalition began choosing on Sunday a small group of allies to push the alliance to a parliamentary majority and focus on reviving the economy after a sweeping general election victory.

Sri Lanka's long war reaches climax, Tigers concede

Posted: May 17th, 2009, 5:34am MDT

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COLOMBO (Reuters) - The Tamil Tigers conceded defeat in Sri Lanka's 25-year civil war on Sunday, after launching waves of suicide attacks to repel a final assault by troops determined to annihilate them.

Obama to press Netanyahu on two states, settlements

Posted: May 17th, 2009, 4:51am MDT

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WASHINGTON (Reuters) - Days before a White House summit, the Obama administration signaled on Saturday that the U.S. president would press Israel's new government to endorse Palestinian statehood and halt settlement expansion.

Outnumbered U.S. troops defend Afghan frontier

Posted: May 17th, 2009, 4:15am MDT

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KUNAR VALLEY, Afghanistan (Reuters) - Lieutenant Joshua Rodriguez, a U.S. platoon commander guarding the Afghan-Pakistan frontier, reckons he is lucky to be alive.

Suspected drug gang frees 53 from Mexico prison

Posted: May 17th, 2009, 3:02am MDT

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ZACATECAS, Mexico (Reuters) - Suspected members of a Mexican drug cartel disguised as federal police swept into a prison in the northern state of Zacatecas on Saturday and freed 53 inmates, police and army officials said.

Myanmar's Suu Kyi defiant ahead of trial: lawyer

Posted: May 17th, 2009, 2:13am MDT

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YANGON (Reuters) - Myanmar's pro-democracy icon Aung San Suu Kyi is in good health and ready to defend herself against new charges that have sparked international outrage against the country's military rulers, her lawyer said.

U.S. military probes Blackwater Kabul killing

Posted: May 17th, 2009, 1:09am MDT

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KABUL (Reuters) - The U.S. military is investigating a shooting incident in which four contractors from the re-named firm formerly called Blackwater are accused of killing an Afghan man after a traffic accident, a spokesman said on Sunday.

Emerging economies face acute disaster risks: U.N.

Posted: May 16th, 2009, 6:06pm MDT

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GENEVA (Reuters) - Natural disasters threaten to trigger widespread damage and distress in emerging economies, many of which are already on the brink because of the global recession, a United Nations body said on Sunday.

Obama praises Turkey, sees Armenia progress

Posted: April 6th, 2009, 8:42am MDT

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ANKARA (Reuters) - U.S. President Barack Obama pledged on Monday to help Turkey resolve its differences with Armenia as the United States sought to strengthen ties with a crucial NATO ally in its war efforts in Iraq and Afghanistan.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=Dltg1SNCXE4:BMlb33XqhiI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=Dltg1SNCXE4:BMlb33XqhiI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=Dltg1SNCXE4:BMlb33XqhiI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=Dltg1SNCXE4:BMlb33XqhiI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=Dltg1SNCXE4:BMlb33XqhiI:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/Dltg1SNCXE4" height="1" width="1"/

More than 90 dead in Italian earthquake

Posted: April 6th, 2009, 8:28am MDT

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L'AQUILA, Italy (Reuters) - A powerful earthquake struck a swathe of central Italy as residents slept on Monday morning, killing more than 90 people and flattening whole towns.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=-pkARSjHajc:QUj23zDbPJw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=-pkARSjHajc:QUj23zDbPJw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=-pkARSjHajc:QUj23zDbPJw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=-pkARSjHajc:QUj23zDbPJw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=-pkARSjHajc:QUj23zDbPJw:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/-pkARSjHajc" height="1" width="1"/

Sun shares plummet after IBM talks collapse

Posted: April 6th, 2009, 8:20am MDT

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NEW YORK (Reuters) - Shares of Sun Microsystems Inc tumbled 24 percent on Monday after the company rejected rival computer and software maker International Business Machines Corp's $7 billion offer.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=d73ryqEgNtU:8kpwGPkrYMo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=d73ryqEgNtU:8kpwGPkrYMo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=d73ryqEgNtU:8kpwGPkrYMo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=d73ryqEgNtU:8kpwGPkrYMo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=d73ryqEgNtU:8kpwGPkrYMo:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/d73ryqEgNtU" height="1" width="1"/

Six car bombs kill 34 across Baghdad

Posted: April 6th, 2009, 8:18am MDT

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BAGHDAD (Reuters) - Six car bombs exploded across Baghdad Monday, killing at least 34 people and wounding scores, police said, after a spate of arrests targeting Sunni Arab fighters raised tensions in the Iraqi capital.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=PXmPEgjagFg:xsj_kbeFs6I:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=PXmPEgjagFg:xsj_kbeFs6I:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=PXmPEgjagFg:xsj_kbeFs6I:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=PXmPEgjagFg:xsj_kbeFs6I:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=PXmPEgjagFg:xsj_kbeFs6I:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/PXmPEgjagFg" height="1" width="1"/

Pakistan grapples with slide in security; envoy due

Posted: April 6th, 2009, 8:16am MDT

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ISLAMABAD (Reuters) - Pakistan's prime minister summoned officials on Monday to work out ways to check a slide in security after a weekend of violence which is likely to top the agenda of talks with U.S. envoy Richard Holbrooke.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JX6PfU4W154:lZrODd64BJE:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JX6PfU4W154:lZrODd64BJE:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=JX6PfU4W154:lZrODd64BJE:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JX6PfU4W154:lZrODd64BJE:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=JX6PfU4W154:lZrODd64BJE:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/JX6PfU4W154" height="1" width="1"/

U.N. divided on North Korea launch

Posted: April 6th, 2009, 8:15am MDT

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SEOUL/UNITED NATIONS (Reuters) - The United Nations failed to agree on a response to North Korea's long-range rocket launch despite pressure from Washington and its allies for action, while regional powers weighed the extent of the new security threat.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=--Kkns5Yb70:WWQ3zDD8p9o:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=--Kkns5Yb70:WWQ3zDD8p9o:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=--Kkns5Yb70:WWQ3zDD8p9o:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=--Kkns5Yb70:WWQ3zDD8p9o:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=--Kkns5Yb70:WWQ3zDD8p9o:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/--Kkns5Yb70" height="1" width="1"/

Afghan Shi'ite law on hold for review

Posted: April 6th, 2009, 5:39am MDT

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KABUL (Reuters) - Afghanistan's Justice Ministry said on Monday a law for the country's Shi'ite minority is on hold and under review after provoking an outcry in the West over concerns about women's rights.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=UmtV6heTso8:UsAKi749QbU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=UmtV6heTso8:UsAKi749QbU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=UmtV6heTso8:UsAKi749QbU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=UmtV6heTso8:UsAKi749QbU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=UmtV6heTso8:UsAKi749QbU:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/UmtV6heTso8" height="1" width="1"/

GM CEO Henderson says bankruptcy not inevitable

Posted: April 6th, 2009, 5:31am MDT

Tags: topNews

WASHINGTON (Reuters) - Bankruptcy is not inevitable for General Motors Corp, said the automaker's new chief executive on Sunday, who is under White House orders to win more concessions from bondholders and unionized workers.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=S9zWVbhaHYk:FJKECanh1V8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=S9zWVbhaHYk:FJKECanh1V8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=S9zWVbhaHYk:FJKECanh1V8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=S9zWVbhaHYk:FJKECanh1V8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=S9zWVbhaHYk:FJKECanh1V8:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/S9zWVbhaHYk" height="1" width="1"/

Geithner denies White House sidestepping CEO pay limits

Posted: April 6th, 2009, 12:42am MDT

Tags: topNews

WASHINGTON (Reuters) - U.S. Treasury Secretary Timothy Geithner denied on Sunday the Obama administration was crafting bailout initiatives to allow companies to evade limits on executive pay and other restrictions imposed by Congress.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=DKmWJQNZte4:l3E8WkCnqtM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=DKmWJQNZte4:l3E8WkCnqtM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=DKmWJQNZte4:l3E8WkCnqtM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=DKmWJQNZte4:l3E8WkCnqtM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=DKmWJQNZte4:l3E8WkCnqtM:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/DKmWJQNZte4" height="1" width="1"/

Media covers U.S. war dead's return after 18-year ban

Posted: April 5th, 2009, 10:59pm MDT

Tags: topNews

DOVER, Delaware (Reuters) - The media was permitted on Sunday to cover the arrival of a U.S. soldier's coffin at the Pentagon's main mortuary in Delaware late for the first time in 18 years.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=WkiXzvPQxIA:E3u23bG3jjI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=WkiXzvPQxIA:E3u23bG3jjI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=WkiXzvPQxIA:E3u23bG3jjI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=WkiXzvPQxIA:E3u23bG3jjI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=WkiXzvPQxIA:E3u23bG3jjI:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/WkiXzvPQxIA" height="1" width="1"/

Pakistan PM to address nation as crisis nears climax

Posted: March 15th, 2009, 2:29pm MDT

Tags: topNews

ISLAMABAD (Reuters) - Pakistan's Prime Minister Yousaf Raza Gilani was due to address the nation in the early hours of Monday morning, state television announced as the country faced a growing political crisis.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=ff3bEOEGVVc:AebZi3pG4RQ:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=ff3bEOEGVVc:AebZi3pG4RQ:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=ff3bEOEGVVc:AebZi3pG4RQ:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=ff3bEOEGVVc:AebZi3pG4RQ:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=ff3bEOEGVVc:AebZi3pG4RQ:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/ff3bEOEGVVc" height="1" width="1"/

Millions in AIG bonuses ignite bipartisan fire

Posted: March 15th, 2009, 2:19pm MDT

Tags: topNews

WASHINGTON (Reuters) - President Barack Obama's top advisers and Democratic and Republican congressional leaders voiced outrage on Sunday that insurer American International Group, recipient of a $173 billion taxpayer bailout, is paying $165 million in employee bonuses.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=NfHb5eV-ODE:D-7TbWNSrUk:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=NfHb5eV-ODE:D-7TbWNSrUk:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=NfHb5eV-ODE:D-7TbWNSrUk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=NfHb5eV-ODE:D-7TbWNSrUk:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=NfHb5eV-ODE:D-7TbWNSrUk:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/NfHb5eV-ODE" height="1" width="1"/

Obama to announce steps to aid small businesses

Posted: March 15th, 2009, 2:18pm MDT

Tags: topNews

WASHINGTON (Reuters) - U.S. President Barack Obama will announce steps on Monday to make it easier for small business owners to borrow money, using $730 million in stimulus funds to cut lending fees, boost loan guarantees and expand other programs, officials said.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=J_Dpese5D1c:IwYmdNpm_E4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=J_Dpese5D1c:IwYmdNpm_E4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=J_Dpese5D1c:IwYmdNpm_E4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=J_Dpese5D1c:IwYmdNpm_E4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=J_Dpese5D1c:IwYmdNpm_E4:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/J_Dpese5D1c" height="1" width="1"/

Madagascar leader offers referendum to solve crisis

Posted: March 15th, 2009, 10:12am MDT

Tags: topNews

ANTANANARIVO (Reuters) - Madagascar's President Marc Ravalomanana on Sunday offered a referendum as a possible way out of a political standoff that is jeopardizing the economy of the Indian Ocean island.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=xeIH6QSIXvo:Vsh3TJBQoI8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=xeIH6QSIXvo:Vsh3TJBQoI8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=xeIH6QSIXvo:Vsh3TJBQoI8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=xeIH6QSIXvo:Vsh3TJBQoI8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=xeIH6QSIXvo:Vsh3TJBQoI8:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/xeIH6QSIXvo" height="1" width="1"/

Rep. Frank wants to see if AIG bonuses recoverable

Posted: March 15th, 2009, 10:10am MDT

Tags: topNews

WASHINGTON (Reuters) - U.S. Representative Barney Frank, chairman of the House Financial Services Committee, said on Sunday the government needs to determine if millions in employee bonuses at American International Group Inc can be recovered.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=vFNIgJXe-o0:z6jahcBhKCI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=vFNIgJXe-o0:z6jahcBhKCI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=vFNIgJXe-o0:z6jahcBhKCI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=vFNIgJXe-o0:z6jahcBhKCI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=vFNIgJXe-o0:z6jahcBhKCI:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/vFNIgJXe-o0" height="1" width="1"/

Enough of the puff: tax may cut smoking rates

Posted: March 15th, 2009, 9:54am MDT

Tags: topNews

WASHINGTON (Reuters) - A big hike in the federal tax on cigarettes taking effect on April 1 may prompt 1 million U.S. smokers to quit, according to public health experts.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=u9ZpPEJLmbA:Z0THToWJGOc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=u9ZpPEJLmbA:Z0THToWJGOc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=u9ZpPEJLmbA:Z0THToWJGOc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=u9ZpPEJLmbA:Z0THToWJGOc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=u9ZpPEJLmbA:Z0THToWJGOc:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/u9ZpPEJLmbA" height="1" width="1"/

Obama faces Democrat discord on spending plans

Posted: March 15th, 2009, 9:53am MDT

Tags: topNews

WASHINGTON (Reuters) - Republicans are not the only ones in the U.S. Congress squawking about President Barack Obama's record $3.55 trillion budget plan.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=lDdx_Fg8zq4:3aS4uRPwwQU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=lDdx_Fg8zq4:3aS4uRPwwQU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=lDdx_Fg8zq4:3aS4uRPwwQU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=lDdx_Fg8zq4:3aS4uRPwwQU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=lDdx_Fg8zq4:3aS4uRPwwQU:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/lDdx_Fg8zq4" height="1" width="1"/

Repaired space shuttle set for Sunday launch

Posted: March 15th, 2009, 9:36am MDT

Tags: topNews

CAPE CANAVERAL, Florida (Reuters) - NASA will try again on Sunday to launch space shuttle Discovery on a construction mission to the International Space Station after fixing a fuel leak that triggered a delay last week.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JE7QRE-CJ38:PYixSudhpX4:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JE7QRE-CJ38:PYixSudhpX4:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=JE7QRE-CJ38:PYixSudhpX4:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JE7QRE-CJ38:PYixSudhpX4:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=JE7QRE-CJ38:PYixSudhpX4:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/JE7QRE-CJ38" height="1" width="1"/

Cheney unhappy Bush did not pardon former aide Libby

Posted: March 15th, 2009, 9:21am MDT

Tags: topNews

WASHINGTON (Reuters) - Former Vice President Dick Cheney said on Sunday he was unhappy with then-President George W. Bush's refusal to pardon Lewis "Scooter" Libby, Cheney's onetime chief of staff who was convicted in the CIA leak case.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=6QKhhQEepmM:zY4Nz9GmwwM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=6QKhhQEepmM:zY4Nz9GmwwM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=6QKhhQEepmM:zY4Nz9GmwwM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=6QKhhQEepmM:zY4Nz9GmwwM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=6QKhhQEepmM:zY4Nz9GmwwM:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/6QKhhQEepmM" height="1" width="1"/

In bad economy, TV news turns to average Americans

Posted: March 15th, 2009, 6:40am MDT

Tags: topNews

LOS ANGELES (Reuters) - In a slumping economy, U.S. network news programs are expanding their gaze beyond Wall Street and Washington to mainstream America, heralding projects that give voice to everyday people and their financial woes.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=w2jhq3f3T38:3aR2A7aPAeI:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=w2jhq3f3T38:3aR2A7aPAeI:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=w2jhq3f3T38:3aR2A7aPAeI:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=w2jhq3f3T38:3aR2A7aPAeI:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=w2jhq3f3T38:3aR2A7aPAeI:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/w2jhq3f3T38" height="1" width="1"/

European tax havens make concessions on bank secrecy

Posted: March 13th, 2009, 9:52am MDT

Tags: topNews

BERNE/VIENNA (Reuters) - Switzerland, Austria and Luxembourg offered to relax strict bank secrecy in some tax evasion cases on Friday in a response to a global crackdown on tax havens that is rattling the offshore banking industry.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=yL-FZ_YBS3o:S_AIrNq1gh8:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=yL-FZ_YBS3o:S_AIrNq1gh8:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=yL-FZ_YBS3o:S_AIrNq1gh8:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=yL-FZ_YBS3o:S_AIrNq1gh8:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=yL-FZ_YBS3o:S_AIrNq1gh8:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/yL-FZ_YBS3o" height="1" width="1"/

Pakistan Taliban say 24 dead in U.S. missile strikes

Posted: March 13th, 2009, 9:41am MDT

Tags: topNews

PESHAWAR, Pakistan (Reuters) - Taliban militants recovered 24 bodies and were searching for more on Friday, hours after suspected U.S. drones destroyed a camp in Pakistan's northwestern region, militants and officials said.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=4xUbDHiwaLo:UX3OvStI5Vo:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=4xUbDHiwaLo:UX3OvStI5Vo:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=4xUbDHiwaLo:UX3OvStI5Vo:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=4xUbDHiwaLo:UX3OvStI5Vo:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=4xUbDHiwaLo:UX3OvStI5Vo:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/4xUbDHiwaLo" height="1" width="1"/

U.S. consumers slightly less grim, trade gap narrows

Posted: March 13th, 2009, 9:22am MDT

Tags: topNews

NEW YORK/WASHINGTON (Reuters) - U.S. consumers' mood grew less grim in March, according to a survey released on Friday, while the latest figures showed the U.S. trade deficit narrowed in January to its smallest in more than six years.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=1Z3cB7CqYcM:S4KEQwJ0Kxs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=1Z3cB7CqYcM:S4KEQwJ0Kxs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=1Z3cB7CqYcM:S4KEQwJ0Kxs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=1Z3cB7CqYcM:S4KEQwJ0Kxs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=1Z3cB7CqYcM:S4KEQwJ0Kxs:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/1Z3cB7CqYcM" height="1" width="1"/

G20 rift deepens ahead of crisis response talks

Posted: March 13th, 2009, 8:39am MDT

Tags: topNews

HORSHAM, England (Reuters) - Japan joined the U.S. push for more government spending to fight the economic crisis on Friday but G20 unity looked seriously compromised after Paris accused Washington of disregarding the urgent need for tough market regulation.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=c2oo2LM1yZA:wlSmD63sX1A:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=c2oo2LM1yZA:wlSmD63sX1A:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=c2oo2LM1yZA:wlSmD63sX1A:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=c2oo2LM1yZA:wlSmD63sX1A:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=c2oo2LM1yZA:wlSmD63sX1A:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/c2oo2LM1yZA" height="1" width="1"/

Lawmakers seek to tie exec pay to performance: report

Posted: March 13th, 2009, 8:35am MDT

Tags: topNews

(Reuters) - New York State Attorney General Andrew Cuomo, Rep. Barney Frank and other lawmakers are discussing a plan to link executive pay to the long-term performance of companies, the Wall Street Journal said.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=mFOEVgtpmkE:qvJgsubkLYM:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=mFOEVgtpmkE:qvJgsubkLYM:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=mFOEVgtpmkE:qvJgsubkLYM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=mFOEVgtpmkE:qvJgsubkLYM:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=mFOEVgtpmkE:qvJgsubkLYM:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/mFOEVgtpmkE" height="1" width="1"/

Rise in false threats after German school shooting

Posted: March 13th, 2009, 8:18am MDT

Tags: topNews

BERLIN (Reuters) - German police have received more than half a dozen threats of violence at schools since a teen-ager went on a deadly rampage in southwest Germany on Wednesday, officials said.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=9MLQmcVHDSM:L6bBurgnTQY:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=9MLQmcVHDSM:L6bBurgnTQY:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=9MLQmcVHDSM:L6bBurgnTQY:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=9MLQmcVHDSM:L6bBurgnTQY:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=9MLQmcVHDSM:L6bBurgnTQY:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/9MLQmcVHDSM" height="1" width="1"/

South Korea, Japan warn North Korea on missile

Posted: March 13th, 2009, 7:58am MDT

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SEOUL (Reuters) - Japan said on Friday it could shoot down any threatening object falling toward its territory, after North Korea said a planned rocket launch would send it across Japanese territory.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=aqT6K3mZXS0:SbeNt9KoHmw:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=aqT6K3mZXS0:SbeNt9KoHmw:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=aqT6K3mZXS0:SbeNt9KoHmw:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=aqT6K3mZXS0:SbeNt9KoHmw:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=aqT6K3mZXS0:SbeNt9KoHmw:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/aqT6K3mZXS0" height="1" width="1"/

BofA seeks more jumbo mortgages: report

Posted: March 13th, 2009, 7:26am MDT

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(Reuters) - Bank of America Corp is seeking to produce more "jumbo" mortgages, which can range from $417,000 in most areas to as much as $729,750, Barbara Desoer, the bank's head of mortgage, home equity and insurance services told Bloomberg in an interview.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JJZpgpbnfWo:bR2g5MbtZTU:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JJZpgpbnfWo:bR2g5MbtZTU:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=JJZpgpbnfWo:bR2g5MbtZTU:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=JJZpgpbnfWo:bR2g5MbtZTU:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=JJZpgpbnfWo:bR2g5MbtZTU:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/JJZpgpbnfWo" height="1" width="1"/

China expresses worry over its U.S. assets

Posted: March 13th, 2009, 7:06am MDT

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BEIJING (Reuters) - Premier Wen Jiabao held out the prospect of extra stimulus spending if needed to hit China's 8 percent growth goal this year and called on Washington to ease worries Beijing has about the safety of its vast U.S. assets.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=Hr6w7Q-tMaA:0XGfcc2OHQs:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=Hr6w7Q-tMaA:0XGfcc2OHQs:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=Hr6w7Q-tMaA:0XGfcc2OHQs:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=Hr6w7Q-tMaA:0XGfcc2OHQs:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=Hr6w7Q-tMaA:0XGfcc2OHQs:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/Hr6w7Q-tMaA" height="1" width="1"/

World mints report soaring demand for gold coins

Posted: March 13th, 2009, 6:36am MDT

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LONDON (Reuters) - Mints around the world say demand for gold coins has risen sharply as interest in the precious metal soars on the back of financial instability and concerns over the inflation outlook.div class="feedflare" a href="http://feeds.reuters.com/~ff/reuters/topNews?a=NQyRdzvcQKY:Bvj0AOfzDSc:yIl2AUoC8zA"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=NQyRdzvcQKY:Bvj0AOfzDSc:F7zBnMyn0Lo"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=NQyRdzvcQKY:Bvj0AOfzDSc:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/reuters/topNews?a=NQyRdzvcQKY:Bvj0AOfzDSc:V_sGLiPBpWU"img src="http://feeds2.feedburner.com/~ff/reuters/topNews?i=NQyRdzvcQKY:Bvj0AOfzDSc:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds2.feedburner.com/~r/reuters/topNews/~4/NQyRdzvcQKY" height="1" width="1"/

Thai judge to end "Merchant of Death" hearing soon

Posted: March 9th, 2009, 7:14am MDT

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BANGKOK (Reuters) - The Thai judge presiding over an extradition hearing for alleged Russian arms dealer Viktor Bout, wanted by the United States, said on Monday he aimed to end the hearing this month.

Obama's call on moderate Taliban useless: analysts

Posted: March 9th, 2009, 6:47am MDT

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KABUL (Reuters) - President Barack Obama's proposal to reach out to moderate Taliban will fail to end the Afghan insurgency as it is inflexible Taliban leaders who are orchestrating the war, not moderates, analysts said.

Tsvangirai rules out foul play in car crash

Posted: March 9th, 2009, 6:47am MDT

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HARARE (Reuters) - Zimbabwean Prime Minister Morgan Tsvangirai on Monday ruled out foul play as the cause of a car crash that injured him and killed his wife, easing concerns that it would increase tensions in the new government.

Merck to buy Schering-Plough for $41.1 billion

Posted: March 9th, 2009, 6:43am MDT

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NEW YORK (Reuters) - Merck & Co Inc said on Monday that it would acquire Schering-Plough Corp for $41.1 billion, uniting the makers of cholesterol drugs Zetia and Vytorin in the second megadeal for Big Pharma in weeks.

Buffett says economy fell off cliff

Posted: March 9th, 2009, 6:31am MDT

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NEW YORK (Reuters) - Warren Buffett said on Monday the U.S. economy had "fallen off a cliff" but would eventually recover, although a rebound could kindle inflation worse than that experienced in the late 1970s.

AIG warned of global turmoil before rescue: report

Posted: March 9th, 2009, 6:20am MDT

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(Reuters) - American International Group Inc had warned of turmoil around the globe if the government allowed the insurer to fail when it appealed to U.S. regulators for its latest rescue, Bloomberg said citing an AIG presentation dated February 26.

EU backs IMF fund boost as Japan swings to deficit

Posted: March 9th, 2009, 4:25am MDT

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BRUSSELS/TOKYO (Reuters) - The European Union is set to back an International Monetary Fund call for $500 billion to fight the global financial crisis, a document showed on Monday as Japan posted its first current account deficit in 13 years.

Global bank heads to meet in London: sources

Posted: March 9th, 2009, 3:47am MDT

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TOKYO (Reuters) - Top executives of leading U.S., Japanese and European banks will meet in London this month to discuss regulation and other issues key to the future of the financial system, two industry sources said.

Tension high on Korean peninsula as military drills begin

Posted: March 8th, 2009, 7:24pm MDT

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YEONPYEONG, South Korea (Reuters) - North Korea on Monday said it had put its armed forces on full combat readiness in response to the start of annual military exercises by U.S. and South Korean troops, raising tension on the divided peninsula.

Engineered cell engine is step to artificial life

Posted: March 8th, 2009, 7:07pm MDT

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WASHINGTON (Reuters) - U.S. scientists said they have taken an important step toward making an artificial life form by making a ribosome -- the cell's factory.

Iran test-fires new missile: media

Posted: March 8th, 2009, 5:55pm MDT

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TEHRAN (Reuters) - Iran has test-fired a new air-to-surface missile, Iranian media reported Sunday, in the Islamic Republic's latest display of its military capability.

Police hunt Real IRA after British soldiers killed

Posted: March 8th, 2009, 5:14pm MDT

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ANTRIM, Northern Ireland (Reuters) - Police in Northern Ireland were hunting gunmen from the Real IRA on Monday after the republican splinter group said it killed two British soldiers in the worst attack in the province for over a decade.

White House names Treasury nominees, needs more

Posted: March 8th, 2009, 4:28pm MDT

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WASHINGTON (Reuters) - The White House named three nominees on Sunday for senior jobs at the U.S. Treasury Department, which still is trying to fill out its top ranks while dealing with a financial crisis.

Protesters target U.S. foreclosed-homes auctioneer

Posted: March 8th, 2009, 4:26pm MDT

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NEW YORK (Reuters) - An auction of foreclosed homes in New York City on Sunday drew protesters who blamed banks for an epidemic of home losses and called for a moratorium on evictions and foreclosures.

U.S. to cut Iraq troop strength by 12,000

Posted: March 8th, 2009, 2:10pm MDT

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BAGHDAD (Reuters) - The United States will reduce the number of troops in Iraq by around 12,000 in the next six months, the U.S. military said on Sunday, a step in President Barack Obama's plan to end combat operations in August 2010.

U.S. meetings industry fights back against critics

Posted: March 8th, 2009, 11:48am MDT

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ORLANDO, Florida (Reuters) - The $175 billion U.S. corporate meetings industry is fighting back against a torrent of negative publicity and cancellations that has cost it billions of dollars, industry leaders said on Sunday.

Clinton rolls out foreign policy approach in trip

Posted: March 8th, 2009, 9:48am MDT

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WASHINGTON (Reuters) - Six weeks into the job, Secretary of State Hillary Clinton is starting to roll out the Obama administration's approach to the most prickly foreign policy challenges from Arab-Israeli peace to Russia.

Who got AIG's bailout billions?

Posted: March 8th, 2009, 6:30am MDT

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NEW YORK (Reuters) - Where, oh where, did AIG's bailout billions go? That question may reverberate even louder through the halls of government in the week ahead now that a partial list of beneficiaries has been published.

UBS exec criticizes U.S. effort to get account data

Posted: March 4th, 2009, 2:58pm MST

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WASHINGTON (Reuters) - A top UBS AG executive told a U.S. lawmakers on Wednesday that the Swiss bank regrets breaking U.S. tax laws, but criticized U.S. authorities' efforts to obtain information on thousands of bank accounts suspected of being used by American tax dodgers.

Stanford investors sue SEC, receiver over assets

Posted: March 4th, 2009, 2:57pm MST

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HOUSTON (Reuters) - Stanford Group Co clients sued the U.S. Securities Securities and Exchange Commission, the U.S. Marshals Office and the firm's court-appointed receiver on Wednesday, arguing the government had no right to freeze their assets.

NATO ministers will agree to resume Russia ties: U.S.

Posted: March 4th, 2009, 2:40pm MST

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BRUSSELS (Reuters) - NATO foreign ministers are likely to decide informally on Thursday to resume high-level ties with Russia, suspended following Moscow's invasion into Georgia last year, a senior U.S. official said on Wednesday.

Obama takes aim at costly U.S. defense contracts

Posted: March 4th, 2009, 2:34pm MST

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WASHINGTON (Reuters) - President Barack Obama said on Wednesday the U.S. government was paying too much for things it did not need and ordered a crackdown on spending he declared "plagued by massive cost overruns and outright fraud."

U.S. private sector loses jobs, service sector slumps

Posted: March 4th, 2009, 2:24pm MST

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NEW YORK (Reuters) - U.S. private companies hemorrhaged nearly 700,000 jobs in February and the service sector slump deepened as the year-old recession showed little sign of abating, according to data released on Wednesday.

Hague court issues warrant for Sudan's Bashir

Posted: March 4th, 2009, 1:20pm MST

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THE HAGUE (Reuters) - The International Criminal Court (ICC) issued an arrest warrant for Sudanese President Omar Hassan al-Bashir on Wednesday for war crimes in Darfur, a decision that could spark more regional turmoil.

U.S. launches mortgage plan as homeowners struggle

Posted: March 4th, 2009, 1:05pm MST

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WASHINGTON/NEW YORK (Reuters) - The Obama administration on Wednesday launched a $75 billion foreclosure relief plan, as new data showed one in five U.S. homeowners with mortgages owe more than their house is worth.

Common ingredient offers AIDS protection

Posted: March 4th, 2009, 11:43am MST

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WASHINGTON (Reuters) - A cheap ingredient used in ice cream, cosmetics and found in breast milk helps protect monkeys against infection with a virus similar to AIDS and might work to protect women against the virus, researchers reported on Wednesday.

UK's Brown: U.S. should lead world out of recession

Posted: March 4th, 2009, 11:00am MST

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WASHINGTON (Reuters) - The United States should seize the moment and lead the world out of recession but other countries need to play their part too, British Prime Minister Gordon Brown told U.S. lawmakers on Wednesday.

In past 2 years, 87 million in U.S. went uninsured

Posted: March 4th, 2009, 9:17am MST

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WASHINGTON (Reuters) - A third of Americans under age 65 -- 86.7 million people -- went without health insurance at some point during the past two years, according to a report released Wednesday.

Guinea-Bissau's president, army chief killed

Posted: March 2nd, 2009, 11:14am MST

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BISSAU (Reuters) - Soldiers killed Guinea-Bissau's President Joao Bernardo "Nino" Vieira on Monday in an apparent revenge attack for the slaying of the army chief of the unstable West African country.

Eastern U.S. snowstorm snarls transport, power

Posted: March 2nd, 2009, 11:11am MST

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WASHINGTON (Reuters) - More than 1,000 flights were canceled and hundreds of thousands were left without power on Monday after a late-winter storm dumped more than a foot of snow along the East Coast of the United States.

Obama names Sebelius to lead health reform push

Posted: March 2nd, 2009, 11:04am MST

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WASHINGTON (Reuters) - President Barack Obama named Kansas Governor Kathleen Sebelius to lead his ambitious health reform effort Monday, kicking off a week focused on revamping an inefficient healthcare system whose cost he fears is hurting the U.S. economy.

Resistance to flu drug widespread in U.S.: study

Posted: March 2nd, 2009, 10:59am MST

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WASHINGTON (Reuters) - Virtually all cases of the most common strain of flu circulating in the United States now resist the main drug used to treat it, the U.S. Centers for Disease Control and Prevention reported on Monday.

U.S. government condemns "waterboarding" as torture

Posted: March 2nd, 2009, 10:57am MST

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WASHINGTON (Reuters) - Attorney General Eric Holder ruled out the use of "waterboarding" as an interrogation technique for terrorism suspects on Monday, calling it a form of torture that the Obama administration could never condone.

AIG has $61.7 billion loss, new aid may not be last

Posted: March 2nd, 2009, 10:48am MST

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NEW YORK (Reuters) - American International Group Inc posted a record $61.7 billion quarterly loss on Monday and got a new but not necessarily final government bailout, after officials concluded again that letting the insurer fail would threaten the world financial system.

EU says crisis worst in memory, helping new EU states

Posted: March 2nd, 2009, 10:16am MST

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PRAGUE (Reuters) - The global financial crisis is the worst economic downturn in living memory and the EU is providing a lot of aid to those new European Union members who have been hit particularly hard, EU officials said on Monday.

Afghan rivals warn Karzai not to manipulate poll

Posted: March 2nd, 2009, 9:25am MST

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KABUL (Reuters) - Afghan President Hamid Karzai is trying to outmaneuver his opponents by wanting to bring forward a presidential election and he must be prevented from using his position to manipulate the poll, a rival said on Monday.

North Korea holds rare DMZ meeting with UN forces

Posted: March 2nd, 2009, 9:05am MST

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SEOUL (Reuters) - North Korean generals met the U.S.-led U.N. military command in South Korea for the first time in about seven years on Monday after Pyongyang warned at the weekend "arrogant" acts by U.S. troops could spark a war.

Clinton doubts Iran will respond to overtures

Posted: March 2nd, 2009, 8:00am MST

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SHARM EL-SHEIKH, Egypt (Reuters) - U.S. Secretary of State Hillary Clinton is "doubtful" that Iran will respond to U.S. overtures of engagement when they are made, said a senior State Department official on Monday.

Existing U.S. home sales, prices drop in January

Posted: February 25th, 2009, 1:23pm MST

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WASHINGTON (Reuters) - Sales of previously owned U.S. homes plunged in January, reversing the previous month's surprise jump, and prices spiraled down to a six-year low as the deep recession and rising joblessness took its toll.

Obama: U.S. to survive economic "day of reckoning"

Posted: February 25th, 2009, 12:46pm MST

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WASHINGTON (Reuters) - President Barack Obama sought to strike a delicate balance between hope and reality on Tuesday to reassure Americans mired in economic crisis that they would survive a "day of reckoning."

Bernanke confident can keep U.S. inflation at bay

Posted: February 25th, 2009, 12:45pm MST

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WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said on Wednesday that he had an exit strategy from the U.S. central bank's recent massive monetary expansion that will keep inflation under control as the economy recovers.

Venezuela says no plans to help Stanford investors

Posted: February 25th, 2009, 12:44pm MST

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CARACAS (Reuters) - Venezuela is unlikely to help investors faced with the loss of billions of dollars deposited at the discredited Stanford International Bank, Finance Minister Ali Rodriguez said on Wednesday.

Obama budget to spark fight in Congress

Posted: February 25th, 2009, 12:40pm MST

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WASHINGTON (Reuters) - U.S. President Barack Obama sends his first budget proposals to Congress on Thursday bracing for fights over how best to heal the economy, create a new healthcare system and still cut out-of-control deficits.

Turkish airliner crashes at Amsterdam airport, 9 dead

Posted: February 25th, 2009, 12:25pm MST

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AMSTERDAM (Reuters) - A Turkish Airlines plane with 134 passengers and crew aboard crashed in light fog while trying to land at Amsterdam's Schiphol airport on Wednesday, killing nine people and injuring dozens.

Iran denies nuclear slowdown, sets big expansion

Posted: February 25th, 2009, 11:14am MST

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BUSHEHR, Iran (Reuters) - Iran said on Wednesday it plans a nearly 10-fold expansion of its uranium enrichment capacity in the next five years, denying a U.N. report which said its nuclear activities had slowed.

Supreme Court lets city refuse religious monument

Posted: February 25th, 2009, 11:00am MST

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WASHINGTON (Reuters) - The U.S. Supreme Court ruled on Wednesday that a Utah city can refuse to put a religious group's monument in a public park near a similar Ten Commandments display.

Polar regions found warming fast, raising sea levels

Posted: February 25th, 2009, 10:17am MST

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GENEVA (Reuters) - The Arctic and Antarctic regions are warming faster than previously thought, raising world sea levels and making drastic global climate change more likely than ever, international scientists said on Wednesday.

Americans increasingly insecure about retirement

Posted: February 25th, 2009, 8:04am MST

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NEW YORK (Reuters) - Only one in three Americans now believe they will be able to fully retire as huge losses in home and stock prices dent their confidence in the future, according to a study by Scottrade.

Obama to meet Congressional leaders again on stimulus

Posted: February 1st, 2009, 6:30pm MST

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WASHINGTON (Reuters) - Facing opposition from Republican lawmakers to parts of his economic recovery plan, President Barack Obama called Congressional leaders to a meeting on Monday to drive home his message of urgency.

Colombian rebels free four hostages

Posted: February 1st, 2009, 5:40pm MST

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BOGOTA (Reuters) - Colombian FARC rebels freed four hostages held in jungle camps on Sunday in the first handover of captives by Latin America's oldest insurgency in a year, the International Committee of the Red Cross said.

Wen sees signs of Chinese economy reviving

Posted: February 1st, 2009, 5:23pm MST

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LONDON (Reuters) - Chinese Premier Wen Jiabao said on Sunday he saw signs of recovery in the final days of 2008 after growth in the world's third largest economy slowed abruptly but indicated that further stimulus measures might be needed.

Obama says most U.S. troops in Iraq home within a year

Posted: February 1st, 2009, 4:09pm MST

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WASHINGTON (Reuters) - President Barack Obama told Americans on Sunday a substantial number of the 140,000 U.S. troops in Iraq would be home within a year, saying Iraqis were now ready to take more responsibility for their own security.

Israel bombs Gaza tunnels in series of air raids

Posted: February 1st, 2009, 4:07pm MST

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GAZA (Reuters) - Israel launched a series of air strikes in the Gaza Strip Sunday, targeting a Hamas security complex and tunnels used to smuggle weapons after vowing a "disproportionate" response to cross-border fire.

New Iceland government promises to fight crisis

Posted: February 1st, 2009, 3:18pm MST

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REYKJAVIK (Reuters) - Iceland named an interim center-left government on Sunday which promised to rebuild its shattered economy while cushioning its people from the worst of the crisis.

Talks ongoing for new refinery workers contract

Posted: February 1st, 2009, 2:11pm MST

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HOUSTON (Reuters) - United Steelworkers negotiators and oil company representatives returned to the bargaining table Sunday, one day after telling thousands of U.S. refinery and chemical plant workers to stay on the job as they try to hammer out a new national contract.

Canada prefers broad solution to Buy American issue

Posted: February 1st, 2009, 11:14am MST

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TORONTO (Reuters) - Canada is willing to explore all options to resolve concerns about "Buy American" requirements in U.S. economic stimulus legislation, but an exception solely for Canadian trade is not Ottawa's preference, the trade minister said on Sunday.

North Korea says two Koreas on path toward war

Posted: February 1st, 2009, 2:55am MST

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SEOUL (Reuters) - North Korea warned on Sunday that the downward spiral of relations with the South has pushed the peninsula to the brink of war, two days after it said it was scrapping all pacts with its rich capitalist neighbor.

Obama's Kenyan half-brother detained over drugs

Posted: February 1st, 2009, 2:21am MST

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NAIROBI (Reuters) - A Kenyan half brother of President Barack Obama said on Sunday he was briefly arrested at his home in a slum on suspicion of drugs' possession.

Israeli soldier killed, Gaza truce breached

Posted: January 27th, 2009, 8:54am MST

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GAZA (Reuters) - An Israeli soldier was killed by a bomb on the border with the Gaza Strip on Tuesday and troops then killed a Palestinian, in violence that strained a ceasefire and left people in Gaza fearing further Israeli attacks.

Bankers braced for bitter pill of regulation

Posted: January 27th, 2009, 8:53am MST

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DAVOS, Switzerland (Reuters) - Two years ago anyone uttering the words "state" and "regulation" in the same sentence would have been sneered at in high-powered banking circles gathered by the ski slopes of Davos.

Obama to meet with Republicans on stimulus package

Posted: January 27th, 2009, 8:52am MST

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WASHINGTON (Reuters) - President Barack Obama will visit Congress on Tuesday to try to persuade reluctant Republicans to support a $825 billion package he says is essential to resuscitate a plunging economy.

U.S. calls Afghanistan "greatest military challenge"

Posted: January 27th, 2009, 8:17am MST

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WASHINGTON (Reuters) - Defense Secretary Robert Gates on Tuesday described Afghanistan as the U.S. military's greatest challenge and its top priority under President Barack Obama.

Home prices plunge record 18.2 percent in November

Posted: January 27th, 2009, 7:52am MST

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NEW YORK (Reuters) - Home prices plunged a record 18.2 percent in November from a year earlier as the country's housing market remains in the throes of a deep recession, according to an index from Standard & Poor's.

Obama says time ripe to resume Mideast peacemaking

Posted: January 27th, 2009, 7:29am MST

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DUBAI (Reuters) - U.S. President Barack Obama said the time was ripe for Israel and the Palestinians to resume peace negotiations and that America was prepared to extend a hand of peace to Iran if it "unclenched its fist."

Senate passes bill to delay digital TV switch

Posted: January 27th, 2009, 7:22am MST

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WASHINGTON (Reuters) - The Senate passed a bill on Monday to delay the nationwide switch to digital TV signals, giving consumers nearly four more months to prepare.

Dudley to succeed Geithner at New York Fed

Posted: January 27th, 2009, 6:25am MST

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NEW YORK (Reuters) - William Dudley, the head of the New York Federal Reserve Bank's markets group, has been chosen to succeed Timothy Geithner as president of the regional Fed bank, a source familiar with the decision said on Monday.

Global trust in business plummeted in 2008: survey

Posted: January 27th, 2009, 5:33am MST

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BOSTON (Reuters) - Trust in business plummeted worldwide last year, as the global economic crisis sent financial institutions pleading for government support, leaving average people to question industry's ability to bring prosperity, according to a survey released on Tuesday.

NY financier arrested in purported $400 million scam

Posted: January 27th, 2009, 12:38am MST

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NEW YORK (Reuters) - Authorities on Monday arrested the chief executive of a private New York financing firm on suspicion of running a purported Ponzi scheme that attracted $400 million in investments, U.S. law enforcement officials said.

Bank of America and Citigroup sink on credit worries

Posted: January 15th, 2009, 11:17am MST

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NEW YORK (Reuters) - Shares of Bank of America Corp and Citigroup Inc plummeted Thursday on worries the banks may need more government help to handle soaring credit losses.

House to seek $825 billion in economic stimulus

Posted: January 15th, 2009, 11:17am MST

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WASHINGTON (Reuters) - Democratic leaders in the House of Representatives unveiled an $825 billion tax cut and spending bill on Thursday they hope will help President-elect Barack Obama reverse the steep decline in the U.S. economy.

U.S. SEC nominee promises "laser" focus on fraud

Posted: January 15th, 2009, 11:15am MST

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WASHINGTON (Reuters) - President-elect Barack Obama's pick to head the U.S. Securities and Exchange Commission told lawmakers she would reinvigorate an agency beset by regulatory missteps and blamed for missing one of the biggest investment frauds in history.

Israel kills senior Hamas leader

Posted: January 15th, 2009, 11:13am MST

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GAZA (Reuters) - Israel killed a senior Hamas leader in an air strike on Thursday after unleashing its heaviest shelling of Gaza neighborhoods in what might be a final push against the Islamist group before a ceasefire.

Obama withdrawal option included in Iraq plans

Posted: January 15th, 2009, 10:52am MST

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WASHINGTON (Reuters) - The Pentagon said on Thursday it is drawing up a plan for withdrawing U.S. combat troops from Iraq that would meet President-elect Barack Obama's campaign timetable for a 16-month pullout.

Pakistan says 124 held in wake of Mumbai attack

Posted: January 15th, 2009, 10:51am MST

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ISLAMABAD (Reuters) - Pakistan said on Thursday security forces had closed five training camps run by Lashkar-e-Taiba, the group blamed for the Mumbai attack, and arrested 124 of its leaders and those of a related charity.

Steve Jobs takes medical leave

Posted: January 15th, 2009, 10:48am MST

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SAN FRANCISCO (Reuters) - Apple chief and tech visionary Steve Jobs will take a leave of absence till end-June because of health problems "more complex" than thought, backtracking on reassurances, stunning investors and sending its shares skidding 10 percent on Wednesday.

ECB cuts rates as global bank crisis deepens

Posted: January 15th, 2009, 10:37am MST

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FRANKFURT/NEW YORK (Reuters) - The European Central Bank cut interest rates by a half point on Thursday in response to a global crisis which is casting fresh doubt on the ability of top banks to survive intact.

JPMorgan profit slumps on writedowns

Posted: January 15th, 2009, 9:37am MST

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NEW YORK (Reuters) - JPMorgan Chase & Co's fourth-quarter profit plunged 76 percent as it wrote down bad loans, signaling that even the bank that has avoided the worst of the credit crunch is struggling with the recession.

Senate panel approves Clinton as top diplomat

Posted: January 15th, 2009, 9:28am MST

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WASHINGTON (Reuters) - Sen. Hillary Clinton was approved by a Senate panel on Thursday to become the next U.S. secretary of state, despite misgivings about the charitable fundraising of her husband, former President Bill Clinton.

Palestinian death toll tops 900: Gaza official

Posted: January 12th, 2009, 7:56am MST

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GAZA (Reuters) - Israeli troops fought fierce gun battles with Hamas fighters on Monday, keeping military pressure on the Islamist group while avoiding all-out urban warfare that would complicate ongoing diplomatic efforts to end the Gaza war.

Ukraine, Russia sign deal to ease Europe gas woes

Posted: January 12th, 2009, 7:47am MST

Tags: topNews

MOSCOW/BRUSSELS (Reuters) - Russia and Ukraine signed a deal on Monday for a second time to help secure the resumption of Russian gas supplies to Europe, cut off for nearly a week in freezing temperatures.

Obama weighs decision about bailout funds

Posted: January 12th, 2009, 7:28am MST

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WASHINGTON (Reuters) - President-elect Barack Obama vowed to restructure a financial rescue plan to save more U.S. families from home foreclosures, as he considered on Sunday whether to seek additional funds from a $700 billion bailout program.

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