Current News Today
Exclusive: China leadership rules Bo case isolated, limits purge: sources
BEIJING (Reuters) - Chinese President Hu Jintao has demanded senior Communist Party officials stifle tensions over the ousting of ambitious politician Bo Xilai and show unity as they prepare for a change of leadership, sources briefed on recent meetings said. Hu urged the party to close ranks at a meeting of about 200 officials early this month at a Beijing hotel, declaring the downfall of Bo - China's biggest political scandal in two decades - to be an "isolated case", the three sources said. ...
Fri, 25 May 2012 02:07:16 -0400
| Scots' push for Britain breakup begins in earnest
EDINBURGH (Reuters) - Supporters of independence for Scotland will launch on Friday what they say is the biggest grassroots campaign in Scottish history, a move that could result in the demise of a 305-year-old union with England and the breakup of Britain. Seeking to tap into a cocktail of historical rivalry, opposing political tastes, and a perception that the British parliament in London does not nurture Scotland's national interests, the "Yes Scotland" campaign says it wants to win a referendum on independence in 2014 and for the country to become fully independent by 2016. ...
Thu, 24 May 2012 19:19:22 -0400
| Egypt counts votes, Brotherhood says ahead
CAIRO (Reuters) - The Muslim Brotherhood said on Friday its candidate was leading the early count in Egypt's first free presidential election that exposed a rift in the nation between supporters of Islamists and backers of men who served deposed autocrat Hosni Mubarak. The Brotherhood said Mohamed Mursi was ahead based on a small sample of results shortly after voting ended in an election that marks the final step in a messy and often bloody transition to democracy, overseen by a military council. The overall result will not be clear for some time. ...
Thu, 24 May 2012 20:37:46 -0400
| Activist Chen urges China to prosecute "lawless officials"
NEW YORK (Reuters) - Blind Chinese activist Chen Guangcheng urged authorities in Beijing on Thursday to prosecute "lawless" officials who harassed and abused the self-taught lawyer, his family and supporters, saying such prosecutions could help China establish the rule of law. In one of his first interviews since arriving in the United States last Saturday, Chen told Reuters the rough treatment of his family and supporters who helped him escape house arrest last month was "entirely against Chinese law". ...
Thu, 24 May 2012 22:28:47 -0400
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Current News Today
Tech pressures Nasdaq in volatile trading
NEW YORK (Reuters) - Stocks ended slightly higher in a third session marked by late-day swings, but the Nasdaq fell after NetApp gave a weak revenue forecast, casting doubt on the outlook for tech spending. Major indexes were lower for much of the session, as investors found little reason to buy following three days of gains. In addition, economic figures suggested slowing demand in both Europe and the United States. However, Wall Street reversed course late in the session and the S&P extended its gains to a fourth straight day. Underscoring the vulnerability of U.S. ...
Thu, 24 May 2012 16:36:05 -0400
| Economy trudges along despite Europe turbulence
WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits dipped last week, indicating the economy is plodding along even though headwinds from Europe cut into U.S. factory activity growth this month. The data on the U.S. economy on Thursday was a bit lackluster, but it showed the recovery remained resilient even with growth in China slowing and the euro zone edging toward recession. ...
Thu, 24 May 2012 18:10:09 -0400
| Europe slowdown adds more tension to Greek drama
(Reuters) - Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart. So far, the 17-nation euro zone's downturn has been confined mainly to its periphery, but an index measuring broad economic activity across the monetary union in May showed its weakest outcome since mid-2009, during the global financial crisis. ...
Fri, 25 May 2012 01:53:08 -0400
| SEC unlikely to file charges in Lehman case: memo
WASHINGTON (Reuters) - The staff of the U.S. Securities and Exchange Commission has concluded its investigation into Lehman Brothers Holdings and will not likely recommend charges, according to the excerpt of a memo sent to Reuters. The excerpt, which was not dated, was sent along with an anonymous letter to Congress alleging that SEC Chairman Mary Schapiro made inaccurate statements about the agency's Lehman probe during a hearing last month. Schapiro told a House Financial Services panel on April 25 that Lehman "remains under investigation" and "is still under review. ...
Thu, 24 May 2012 18:01:49 -0400
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Current News Today
Plight of missing children now in the spotlight
Everything you need to get up to speed on the big story of the day May 25 is National Missing Children's Day. Etan Patz, its poster child, remains missing. After 33 years, a man has stepped forward to confess to strangling Patz. Proof will be another matter, as the former grocery store worker has not [...]
Thu, 24 May 2012 17:38:20 -0400
| Booker via Twitter: ‘Sorry I make u sick’
Newark, N.J., Mayor Cory Booker has apparently had enough of saying he's sorry this week. The rising Democratic star has been under fire since a Sunday appearance on NBC's "Meet the Press"during which he said Democratic attacks on Mitt Romney's record at Bain Capital were "nauseating," Having endured days of excoriating criticism, and having tried [...]
Thu, 24 May 2012 20:26:38 -0400
| Former high school football star exonerated in rape case
Brian Banks' Accuser Contacted Him on Facebook and Recanted Her Story
Thu, 24 May 2012 15:56:52 -0400
| Man arrested in death of Etan Patz
Pedro Hernandez had earlier confessed to strangling the boy 33 years ago.
Thu, 24 May 2012 20:07:44 -0400
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