Current News Today
Egyptians back at the polls to pick president
CAIRO (Reuters) - Egypt resumed its first free presidential election on Thursday after a first day of voting that passed off mostly calmly, apart from a stone-throwing attack on candidate Ahmed Shafiq, who was premier for a few days before Hosni Mubarak fell. The race broadly pits Islamist candidates against secular ones like Shafiq and Amr Moussa, the former Arab League chief who previously served as Mubarak's foreign minister. Turnout on Wednesday seemed lower than in an earlier parliamentary vote when Islamists swept up most seats. ...
Thu, 24 May 2012 02:25:07 -0400
| Insight: Iran's "Great Game" in Afghanistan
KABUL (Reuters) - With most foreign combat troops set to withdraw from Afghanistan by 2014, Iran is using the media in the war-ravaged nation to gain influence, a worrying issue for Washington. Nearly a third of Afghanistan's media is backed by Iran, either financially or through providing content, Afghan officials and media groups say. "What Iran wants, what they are striving at, is a power base in Afghanistan that can counter American influence," said a senior government official, who like others for this report, spoke to Reuters on condition of anonymity. ...
Thu, 24 May 2012 03:27:24 -0400
| Iran nuclear talks enter second day
BAGHDAD (Reuters) - Talks resumed on Thursday between Iran and world powers about a nuclear programme that the West suspects is aimed at nuclear bomb research. A first day of discussions showed a "fair amount of disagreement" but also areas of common ground, a senior U.S. official said on Wednesday, adding: "I believe we have the beginning of a negotiation." Talks got under way again on Thursday morning, a diplomat said. Both sides have been publicly upbeat about the scope for an outline deal following a 15-month diplomatic freeze and exploratory talks in Istanbul last month. ...
Thu, 24 May 2012 02:16:08 -0400
| Suu Kyi to make first trip out of Myanmar in 24 years: party
YANGON (Reuters) - Nobel laureate and opposition leader Aung San Suu Kyi will travel outside Myanmar for the first time in 24 years next week to deliver a speech at an international forum in Thailand, her party said on Thursday. Her decision to venture outside the country she had only expected to return to temporarily in 1988 comes after a year of dramatic change in Myanmar after almost a half century of military rule. Suu Kyi, 66, won a parliamentary seat in April after engaging with the reformist rulers once part of the junta that locked her up for 15 years for her fight against ...
Thu, 24 May 2012 01:16:44 -0400
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Current News Today
Wall Street finishes flat in late reversal
NEW YORK (Reuters) - Stocks staged a late-day reversal on Wednesday, rallying into the close in another volatile session as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq. The action shortly before the market's close was a mirror image of Tuesday when stocks gave up gains in the last minutes of trading. The late rebound suggested investors saw value in the market after the S&P 500 fell just below 1,300 but also underscored the skittishness of the trading environment. ...
Wed, 23 May 2012 18:07:12 -0400
| HP to lay off 27,000, profit slides 31 percent
SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce over the next couple of years to jumpstart growth and save up to $3.5 billion annually, sending its shares 11 percent higher. The company said the layoffs would be made mainly through early retirement and would generate annual savings of $3 billion to $3.5 billion as it exits fiscal year 2014, when the layoffs are expected to the completed. The world's No. ...
Wed, 23 May 2012 20:57:01 -0400
| EU urges Greece to stay in euro, plans for possible exit
BRUSSELS (Reuters) - European Union leaders, advised by senior officials to prepare contingency plans in case Greece decides to quit the single currency, urged the country to stay the course on austerity and complete the reforms demanded under its bailout program. After nearly six hours of talks held during an informal dinner, leaders said they were committed to Greece remaining in the euro zone, but it had to stick to its side of the bargain too, a commitment that will mean a heavy cost for Greeks. ...
Thu, 24 May 2012 01:41:40 -0400
| Shareholders sue Facebook, NYSE comes calling
SAN FRANCISCO (Reuters) - The fallout from Facebook Inc's messy initial public offering widened on Wednesday as shareholders sued the social network and its bankers while a trading firm revealed a massive loss on the shares and threatened to seek "remedies." The Nasdaq stock exchange also came under further pressure as a source close to the situation told Reuters that NYSE Euronext had opened discussions with Facebook about a potential stock listing there. Nasdaq also faces litigation from angry investors. ...
Thu, 24 May 2012 01:51:36 -0400
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Current News Today
Fleet Week kicks off in NYC
Wed, 23 May 2012 14:00:36 -0400
| Hillary Clinton: U.S. hacked al-Qaida sites
In a rare glimpse into cyber warfare tactics, a top U.S. official has explicitly acknowledged that the U.S. government hacked into websites run by Al Qaeda’s affiliate in Yemen, changing advertisements that boasted about killing Americans into advertisements that underscored the deaths of Muslim civilians...
Wed, 23 May 2012 22:05:00 -0400
| 'Pro-choice' Americans at record low, poll finds
The percent of Americans who identify as “pro-choice” regarding legalized abortion is at a new low of 41 percent, according to a newly released Gallup poll. The figure is one percent lower than the previous all-time low registered by Gallup, which was in May 2009....
Wed, 23 May 2012 19:35:35 -0400
| Egypt votes on second day of landmark election
Polls opened for a second day across Egypt on Thursday in a gripping presidential election in which candidates are pitting stability against the ideals of the uprising that ended Hosni Mubarak's rule.
Thu, 24 May 2012 02:25:01 -0400
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