Top photo award for Arab Spring portrait
Feb 10 2012 4:17AM
Posted 40 mins ago
AMSTERDAM (Reuters) - A portrait of a veiled woman cradling a wounded relative in her arms, taken in Yemen by Spanish photographer Samuel Aranda for The New York Times, won the top World Press Photo prize on Friday.
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Loose-talking Santorum donor Friess to make star turn in DC
Feb 10 2012 1:24AM
Posted 3 hrs 33 mins ago
By Samuel P. Jacobs
WASHINGTON (Reuters) - Foster Friess, the wealthy investor who is fueling Rick Santorum's presidential campaign, is enjoying his new-found fame.
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Rep. Bachus faces insider trading probe: report
Feb 10 2012 12:43AM
Posted 4 hrs 14 mins ago
WASHINGTON (Reuters) - The chairman of the House Financial Services Committee, Spencer Bachus, which oversees the U.S. banking and financial services industries, is under investigation for possible violation of insider trading laws, The Washington Post reported on Thursday.
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Japan priest fights invisible demon: radiation
Feb 9 2012 9:33PM
Posted 7 hrs 24 mins ago
By Ruairidh Villar and Yuriko Nakao
FUKUSHIMA (Reuters) - On the snowy fringes of Japan's Fukushima city, now notorious as a byword for nuclear crisis, Zen monk Koyu Abe offers prayers for the souls...
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Exclusive: Eyeing Yahoo deal, Alibaba may take HK unit private
Feb 9 2012 6:42PM
Posted 10 hrs 15 mins ago
By Prakash Chakravarti
HONG KONG (Reuters) - Chinese e-commerce group Alibaba plans to take private its Hong Kong-listed unit, two sources familiar with the matter said, as part of a complex deal that would...
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Exclusive: Alibaba plans to take Hong Kong unit private
Feb 9 2012 6:42PM
Posted 10 hrs 15 mins ago
By Prakash Chakravarti
HONG KONG (Reuters) - Chinese e-commerce company Alibaba Group plans to take its Hong Kong-listed unit private, two sources familiar with the matter said, and is working with Yahoo on an...
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FBI memos paint Jobs as driven, reality-distorting visionary
Feb 9 2012 10:54AM
Posted 18 hrs 3 mins ago
(Reuters) - Apple Inc co-founder Steve Jobs, hailed as one of the greatest technology visionaries of his generation, dabbled in illicit drugs in his youth and alienated colleagues yet commanded universal respect, according to interviews conducted by the FBI in the 1990s.
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Biden says contraceptives fight can be worked out
Feb 9 2012 10:30AM
Posted 18 hrs 27 mins ago
By Thomas Ferraro and John Whitesides
WASHINGTON (Reuters) - Vice President Joe Biden said on Thursday the White House was working to address concerns raised by the Catholic church over a new rule on...
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Catholic TV network sues to block U.S. contraception rule
Feb 9 2012 10:30AM
Posted 18 hrs 27 mins ago
By Susan Heavey and Thomas Ferraro
WASHINGTON (Reuters) - A U.S. Roman Catholic television network said on Thursday it has filed suit in federal court to block President Barack Obama's new rule on contraceptives,...
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Senior U.S. Catholic cites Obama "promises" on birth control
Feb 9 2012 10:30AM
Posted 18 hrs 27 mins ago
WASHINGTON (Reuters) - Timothy Dolan, a senior U.S. Roman Catholic leader, said on Thursday President Barack Obama "gave me promises" during a White House meeting in November as Dolan pressed the Church's criticism of a new Obama administration rule requiring health insurance plans to cover birth control.
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House passes curbs on lawmaker insider trading
Feb 9 2012 10:04AM
Posted 18 hrs 53 mins ago
By David Lawder
WASHINGTON (Reuters) - The House of Representatives overwhelmingly passed a bill to curb insider trading by lawmakers and other government officials on Thursday, despite objections from Democrats and some Republicans that...
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California to get $18 billion under mortgage deal
Feb 9 2012 8:55AM
Posted 20 hrs 2 mins ago
(Reuters) - California's attorney general said on Thursday her state will receive up to $18 billion in benefits under a federal-state mortgage settlement to be announced later today.
More than $12 billion will be...
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Iran turns to barter for food as sanctions cripple imports
Feb 9 2012 5:24AM
Posted 23 hrs 33 mins ago
By Valerie Parent and Parisa Hafezi
PARIS/TEHRAN (Reuters) - Iran is turning to barter - offering gold bullion in overseas vaults or tankerloads of oil - in return for food as new financial sanctions...
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Iran paying for grain with gold, oil: traders
Feb 9 2012 5:24AM
Posted 23 hrs 33 mins ago
By Valerie Parent and Michael Hogan
PARIS/HAMBURG (Reuters) - Iran is seeking to close grain purchases using gold and oil as payment, and has paid in yen for a large volume of wheat in...
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Exclusive: U.S. military seeks more access in Philippines
Feb 9 2012 4:37AM
Posted 1 day 20 mins ago
By Manuel Mogato
MANILA (Reuters) - The United States is seeking more access to Philippines ports and airfields to re-fuel and service its warships and planes, diplomatic and military sources said on Thursday, expanding...
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China swats away trouble before Xi's U.S. trip
Feb 9 2012 2:58AM
Posted 1 day 1 hr 59 mins ago
By Chris Buckley
BEIJING (Reuters) - China swatted away friction over Syria on Thursday to lay out an optimistic view of ties with the United States in the next decade when Vice President Xi...
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ECB opens door to indirect Greece aid
Feb 9 2012 2:52AM
Posted 1 day 2 hrs 5 mins ago
By Eva Kuehnen
FRANKFURT (Reuters) - European Central Bank President Mario Draghi opened the door on Thursday to helping Athens indirectly after Greek politicians finally signed up to an austerity package following days of...
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ECB holds rates, refuses to show hand on Greece
Feb 9 2012 2:52AM
Posted 1 day 2 hrs 5 mins ago
By Eva Kuehnen
FRANKFURT (Reuters) - The European Central Bank held interest rates at a record low on Thursday, seeing tentative signs of economic stabilization, but refused to say what part it might play...
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ECB holds rates, facing grilling on Greece
Feb 9 2012 2:52AM
Posted 1 day 2 hrs 5 mins ago
By Sakari Suoninen
FRANKFURT (Reuters) - The European Central Bank left interest rates unchanged on Thursday and financial markets' attention will now shift to whether the bank is ready to help Greece avoid a...
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ECB to face Greece questions, hold rates
Feb 9 2012 2:52AM
Posted 1 day 2 hrs 5 mins ago
By Sakari Suoninen
FRANKFURT (Reuters) - All eyes will be on what the European Central Bank is willing to do to help Greece when it holds its monthly policy meeting on Thursday, with interest...
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Facing more key votes, Romney can't afford another stumble
Feb 9 2012 12:24AM
Posted 1 day 4 hrs 33 mins ago
By John Whitesides and Sam Youngman
WASHINGTON (Reuters) - Many Republicans may have growing concerns about their presidential front-runner Mitt Romney, but no one is pushing the panic button - yet.
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In upcoming contests, pressure is on Romney
Feb 9 2012 12:24AM
Posted 1 day 4 hrs 33 mins ago
By John Whitesides and Sam Youngman
WASHINGTON (Reuters) - Many U.S. Republicans may have growing concerns about their presidential front-runner Mitt Romney, but no one is pushing the panic button - yet.
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Qantas, Korean Air check A380s for wing cracks
Feb 8 2012 10:20PM
Posted 1 day 6 hrs 37 mins ago
By Narayanan Somasundaram and Ju-min Park
SYDNEY/SEOUL (Reuters) - Qantas Airways and Korean Air will carry out inspections for wing cracks on their Airbus A380 superjumbo planes earlier than previously scheduled, after European air...
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Exclusive: American Airlines creditors want to talk merger
Feb 8 2012 6:18PM
Posted 1 day 10 hrs 39 mins ago
By Soyoung Kim and Kyle Peterson
NEW YORK/CHICAGO (Reuters) - Some American Airlines unsecured creditors increasingly feel the bankrupt airline should explore a deal with US Airways Group or another carrier, after hearing parent...
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BP wins exclusion of emails from oil spill trial
Feb 8 2012 4:53PM
Posted 1 day 12 hrs 4 mins ago
By Jonathan Stempel
(Reuters) - BP Plc won a court order keeping several potentially damaging emails out of a scheduled trial to determine responsibility for the 2010 Gulf of Mexico oil spill.
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Gay marriage wins final legislative approval in Washington state
Feb 8 2012 3:10PM
Posted 1 day 13 hrs 47 mins ago
By Nicole Neroulias
OLYMPIA, Wash (Reuters) - A bill to legalize gay marriage in Washington state won final legislative approval on Wednesday in a largely party-line vote that moved the state to the cusp...
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Gay marriage wins final legislative passage in Washington state
Feb 8 2012 3:10PM
Posted 1 day 13 hrs 47 mins ago
By Nicole Neroulias
OLYMPIA, Wash (Reuters) - A Democratic-backed bill to legalize gay marriage in Washington state won final legislative approval on Wednesday in a largely party-line vote that moved the state one step...
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Groupon disclosure, growth concerns hit stock
Feb 8 2012 3:08PM
Posted 1 day 13 hrs 49 mins ago
By Alistair Barr and Gerry Shih
(Reuters) - Groupon Inc shares slumped Wednesday as the daily deal company's first quarterly results since it went public stoked concern about limited disclosure and slowing growth.
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Groupon loss, weak sales clobber shares
Feb 8 2012 3:08PM
Posted 1 day 13 hrs 49 mins ago
By Alistair Barr
(Reuters) - Groupon Inc reported a loss on Wednesday as user growth slowed from the breakneck pace of past quarters, potentially signaling consumer fatigue with daily deals and wiping 13 percent...
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Groupon reports quarterly net loss, shares drop
Feb 8 2012 3:08PM
Posted 1 day 13 hrs 49 mins ago
By Alistair Barr
(Reuters) - Groupon Inc reported a quarterly net loss Wednesday as the largest daily deal company recorded higher taxes overseas.
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Fed's Lacker sees no need for more easing for now
Feb 8 2012 2:15PM
Posted 1 day 14 hrs 42 mins ago
NEW YORK (Reuters) - A top Federal Reserve official said on Wednesday he does not see a rationale for more asset purchases if U.S. economic data continue to show the recovery is picking up steam.
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Obama birth-control rule stokes election-year fight
Feb 8 2012 11:17AM
Posted 1 day 17 hrs 40 mins ago
By Thomas Ferraro and Matt Spetalnick
WASHINGTON (Reuters) - The top Republican in the U.S. Congress on Wednesday denounced President Barack Obama's new rule on contraceptives as an assault on "religious freedom" and vowed...
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House speaker vows to stop Obama contraceptive rule
Feb 8 2012 11:17AM
Posted 1 day 17 hrs 40 mins ago
By Thomas Ferraro
WASHINGTON (Reuters) - House of Representatives Speaker John Boehner on Wednesday denounced President Barack Obama's new rule on contraceptives as an assault on "religious freedom" and vowed to stop it.
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US House Speaker vows to stop Obama contraceptive rule
Feb 8 2012 11:17AM
Posted 1 day 17 hrs 40 mins ago
WASHINGTON (Reuters) - President Barack Obama's new rule on contraceptives amounts to an attack on religious freedom and Congress will act, if needed, to stop it, U.S. House of Representatives Speaker John Boehner said on Wednesday.
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House Speaker Boehner vows to stop Obama contraceptive rule
Feb 8 2012 11:17AM
Posted 1 day 17 hrs 40 mins ago
WASHINGTON (Reuters) - President Barack Obama's new rule on contraceptives is an attack on religious freedom and Congress will act if necessary to stop it, House of Representatives Speaker John Boehner said on Wednesday.
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Insight: Komen charity under microscope for funding, science
Feb 8 2012 10:57AM
Posted 1 day 18 hrs ago
By Sharon Begley and Janet Roberts
NEW YORK (Reuters) - The Susan G. Komen for the Cure charity defines its mission as finding a cure for breast cancer. In recent years, however, it has...
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News Corp team accused of risking journalist sources
Feb 8 2012 10:10AM
Posted 1 day 18 hrs 47 mins ago
By Mark Hosenball
LONDON (Reuters) - A team of executives and lawyers set up by Rupert Murdoch's News Corp to clean up journalism practices at his London newspapers has been accused of putting at...
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Judge orders misconduct report in Sen. Stevens case released
Feb 8 2012 9:38AM
Posted 1 day 19 hrs 19 mins ago
WASHINGTON (Reuters) - A U.S. judge on Wednesday ordered that a 500-page special report detailing federal prosecutors' misconduct in the 2008 corruption trial of the late Senator Ted Stevens be released next month, despite objections by some of the subjects of the report.
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Iran says can hit U.S. interests worldwide if attacked
Feb 8 2012 6:14AM
Posted 1 day 22 hrs 43 mins ago
By Vladimir Soldatkin
MOSCOW (Reuters) - Iran is capable of carrying out military strikes on U.S. interests all around the world if the Islamic Republic is attacked by the United States, Iran's ambassador to...
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Greeks strike against austerity, EU demands more cuts
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By Ingrid Melander and Tatiana Fragou
ATHENS (Reuters) - Greek workers went on strike against austerity measures on Friday, docking ships and halting public transport, hours after euro zone finance ministers said Athens needed...
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Greece deal fails to convince, EU demands more
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By Jan Strupczewski and Renee Maltezou
BRUSSELS/ATHENS (Reuters) - Greek political leaders said they had clinched a deal on economic reforms and spending cuts needed to secure a second bailout, but euro zone finance...
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Greeks clinch austerity deal, lenders demand more
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By Jan Strupczewski and Renee Maltezou
BRUSSELS/ATHENS (Reuters) - Greek political leaders clinched a long-delayed deal on austerity measures required to secure a second bailout in two years but the country's skeptical lenders demanded...
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Greeks clinch austerity deal, lenders skeptical
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By Renee Maltezou and Robin Emmott
ATHENS/BRUSSELS (Reuters) - Greek political leaders clinched a long-stalled deal on Thursday on harsh austerity measures and reforms required to secure a second international bailout in two years...
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Greeks strike bailout deal in time for EU meeting
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By George Georgiopoulos and Renee Maltezou
ATHENS (Reuters) - Greek leaders clinched a long-stalled deal on reforms and austerity measures needed to secure a bailout and avoid a messy default, government sources said, hours...
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Greek political leaders agree on bailout reforms: sources
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
ATHENS (Reuters) - Greek political leaders have clinched a deal on austerity measures needed to secure a bailout to keep the country afloat, two government sources said on Thursday.
"Yes, there is a deal,"...
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Greeks fail to strike deal to take to Brussels
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By George Georgiopoulos and Harry Papachristou
ATHENS (Reuters) - Greek leaders failed early on Thursday to agree on reforms and austerity measures, the price of a bailout to avoid a messy default, forcing Finance...
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Greek minister heads to Brussels with incomplete bailout deal
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By George Georgiopoulos and Harry Papachristou
ATHENS (Reuters) - Greek leaders failed on Thursday to agree on reforms and austerity measures, the price of a bailout to avoid a messy default, forcing Finance Minister...
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Greek minister heads to Brussels with incomplete
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By George Georgiopoulos and Harry Papachristou
ATHENS (Reuters) - Greek leaders failed on Thursday to agree on a reform and austerity program, the price of a financial bailout to avoid a messy default, forcing...
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Greek party leaders fail to sign off on bailout
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By George Georgiopoulos and Harry Papachristou
ATHENS (Reuters) - Greek political leaders failed early on Thursday to sign off on a tough reform and austerity program, the price of a new international bailout for...
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Greek rescue sees fiscal measures of 13 billion euros: sources
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
ATHENS (Reuters) - A draft of Greece's bailout program being discussed by the country's political leaders at a Wednesday meeting includes fiscal measures worth 13 billion euros for the period through 2015, a party official and a source close to the talks said.
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Greek deal prospects rise, euro ministers to meet
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By Lefteris Papadimas and John O'Donnell
ATHENS/BRUSSELS (Reuters) - Prospects of a deal on a second international bailout for Greece rose on Wednesday when euro zone finance ministers were summoned to talks in Brussels...
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Frustration mounts as Greeks seek elusive bailout deal
Feb 8 2012 5:55AM
Posted 1 day 23 hrs 2 mins ago
By Renee Maltezou and Lefteris Papadimas
ATHENS (Reuters) - Greek party leaders finally gathered Wednesday to agree a reform deal in return for a new EU/IMF rescue to avoid a chaotic default, after repeated...
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Signs build that Iran sanctions disrupt food imports
Feb 8 2012 5:19AM
Posted 1 day 23 hrs 38 mins ago
By Niluksi Koswanage and Parisa Hafezi
KUALA LUMPUR/TEHRAN (Reuters) - More evidence emerged on Tuesday of the crippling impact of new sanctions on Iran, with international traders saying Tehran is having trouble buying rice,...
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Iran feels sanctions pinch as Asia traders cut ties
Feb 8 2012 5:19AM
Posted 1 day 23 hrs 38 mins ago
By Niluksi Koswanage and Cho Mee-young
KUALA LUMPUR (Reuters) - Malaysia has halted palm oil exports to Iran because of payments problems and Asian oil buyers have cut crude purchases as Western sanctions tighten...
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Nissan sees annual profits beating Toyota, Honda
Feb 8 2012 1:58AM
Posted 2 days 2 hrs 59 mins ago
By Chang-Ran Kim
YOKOHAMA, Japan (Reuters) - Nissan Motor Co is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market...
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China leader-in-waiting carries heavy political baggage to U.S.
Feb 8 2012 1:46AM
Posted 2 days 3 hrs 11 mins ago
By Chris Buckley
BEIJING (Reuters) - A Communist "princeling" fond of small town America and Hollywood war dramas, and brusque critic of Western pressure with a daughter at Harvard, Chinese leader-in-waiting Xi Jinping embodies...
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Analysis: Romney still struggles to seal the deal
Feb 8 2012 1:15AM
Posted 2 days 3 hrs 42 mins ago
By John Whitesides
WASHINGTON (Reuters) - Mitt Romney's march to a possible Republican presidential nomination just got a lot longer and harder.
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Analysis: More than just Great Firewall awaits Facebook in China
Feb 7 2012 11:37PM
Posted 2 days 5 hrs 20 mins ago
By Melanie Lee
SHANGHAI (Reuters) - When it comes to China, Facebook should consider itself forewarned. Cracking the world's biggest internet population might seem an obvious ambition for the social networking giant as it...
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House panel advances Keystone pipeline plan
Feb 7 2012 2:26PM
Posted 2 days 14 hrs 31 mins ago
By Roberta Rampton
WASHINGTON (Reuters) - A plan to fast-track the stalled Keystone XL oil pipeline was passed by a key committee in the U.S. House of Representatives, as Republicans made yet another attempt...
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Banks largely reserved for U.S. mortgage pact cost
Feb 7 2012 1:16PM
Posted 2 days 15 hrs 41 mins ago
By Rick Rothacker and David Henry
(Reuters) - As the nation's five largest mortgage lenders edge close to a $25 billion settlement over foreclosure abuses, it's becoming clear that the deal will have little...
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Obama proposes money for math, science education
Feb 7 2012 9:58AM
Posted 2 days 18 hrs 59 mins ago
WASHINGTON (Reuters) - President Barack Obama will seek $80 million in new funding for a program to boost science and math education in U.S. schools, the White House said on Tuesday.
Obama, who is...
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Job openings rise to 3.4 million in December
Feb 7 2012 9:55AM
Posted 2 days 19 hrs 2 mins ago
WASHINGTON (Reuters) - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.
There were...
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Bernanke repeats vow to shield U.S. from Europe fallout
Feb 7 2012 9:02AM
Posted 2 days 19 hrs 55 mins ago
WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke on Tuesday renewed a pledge to prevent Europe's financial crisis from damaging the U.S. economy in testimony before Congress that mirrored remarks he made last week.
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U.S. authorities looking into Murdoch foreign payments
Feb 7 2012 7:34AM
Posted 2 days 21 hrs 23 mins ago
By Mark Hosenball and Georgina Prodhan
LONDON (Reuters) - U.S. authorities are stepping up investigations, including an FBI criminal inquiry, into possible violations by employees of Rupert Murdoch's media empire of a U.S. law...
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Iran shrugs off latest U.S. sanctions, trade suffers
Feb 7 2012 7:20AM
Posted 2 days 21 hrs 37 mins ago
By Parisa Hafezi
TEHRAN (Reuters) - Iran castigated its U.S. adversary on Tuesday over new financial measures to disrupt Iranian commerce, and a default on payment for rice purchases highlighted the encroachment of sanctions...
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Iran shrugs off latest U.S. sanctions, trade suffers
Feb 7 2012 7:20AM
Posted 2 days 21 hrs 37 mins ago
By Parisa Hafezi
TEHRAN (Reuters) - Iran castigated its U.S. adversary on Tuesday over new financial measures to disrupt Iranian commerce, and a default on payment for rice purchases highlighted the encroachment of sanctions...
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Coca-Cola beats Street, eyes cost savings
Feb 7 2012 6:48AM
Posted 2 days 22 hrs 9 mins ago
NEW YORK (Reuters) - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program on Tuesday, helping to send shares in the world's top soft drinks maker up 1 percent in premarket trading.
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Coca-Cola beats Street, eyes cost savings
Feb 7 2012 6:48AM
Posted 2 days 22 hrs 9 mins ago
NEW YORK (Reuters) - Coca-Cola Co reported better-than-expected quarterly results and announced a new cost-savings program on Tuesday, helping to send shares in the world's top soft drinks maker up 1 percent in premarket trading.
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Coca-Cola fourth-quarter net profit falls
Feb 7 2012 6:48AM
Posted 2 days 22 hrs 9 mins ago
NEW YORK (Reuters) - Coca-Cola Co reported a lower quarterly net profit on Tuesday, due to the absence of a one-time gain.
Net income was $1.65 billion, or 72 cents per share, in the...
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