Today's Reuters News Headlines - Yahoo! News:
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Bernanke quiet on next Fed move, stresses job crisis
Fri,26 Aug 2011 02:32 PM PDT
Reuters -  JACKSON HOLE, Wyoming (Reuters) - Federal Reserve Chairman Ben Bernanke on Friday stopped short of detailing further action to boost the U.S. recovery but said the central bank would consider what more it could do to fight high unemployment, giving some comfort to investors.
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Ike witness: Surviving a big hurricane in a big city
Fri,26 Aug 2011 01:30 PM PDT
Reuters -  HOUSTON (Reuters) - The night before Hurricane Ike made landfall in Texas almost three years ago, four of us were packed into one hotel room in downtown Houston. Security knocked on the door requesting that we sign a waiver promising not to sue if we were killed in the storm.
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Rebels hunt Gaddafi, hometown targeted
Fri,26 Aug 2011 10:31 PM PDT
Reuters -  TRIPOLI (Reuters) - Libyan rebels said they were closing in on fugitive strongman Muammar Gaddafi and would merge their disparate fighters in the capital under one command to streamline operations.
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U.S. oil-spill ruling pleases plaintiff lawyers
Fri,26 Aug 2011 06:30 PM PDT
Reuters - NEW YORK (Reuters) - Plaintiff lawyers claimed a victory on Friday when a federal judge overseeing hundreds of lawsuits against BP and others over last year's big oil spill in the Gulf of Mexico allowed much of the case to move ahead, including punitive damages claims. Full Story | Top |
Murdoch tabloid private eye delivers hacking names
Fri,26 Aug 2011 03:52 PM PDT
Reuters -  LONDON (Reuters) - A private detective jailed for illegally intercepting voicemail messages on behalf of a journalist at one of Rupert Murdoch's British tabloids on Friday gave lawyers the names of the people he says ordered him to carry out the phone hacking.
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Second-quarter growth slows, outlook less dismal
Fri,26 Aug 2011 01:52 PM PDT
Reuters -  WASHINGTON (Reuters) - The struggling U.S. economy expanded even more slowly than previously thought in the second quarter of 2011, but a breakdown of the growth suggested a new recession could be avoided.
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Islamists suspected in deadly Nigeria U.N. bombing
Fri,26 Aug 2011 02:49 PM PDT
Reuters -  ABUJA (Reuters) - At least 18 people were killed by a car bomb that ripped through the United Nations' building in the Nigerian capital Abuja on Friday -- a rare attack on an international institution in a country wracked by local conflicts.
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Def Leppard pours "Mirrorball" of sugar on fans
Fri,26 Aug 2011 01:35 PM PDT
Reuters -  TORONTO (Reuters) - It may be difficult to believe that after three decades of rocking hard -- 65 million albums sold and hundreds of packed concerts -- Def Leppard hadn't released a standalone live album until this year.
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U.S. on high alert as Hurricane Irene closes in
Fri,26 Aug 2011 09:04 PM PDT
Reuters -  WILMINGTON, North Carolina (Reuters) - Hurricane Irene closed in on the east coast on Friday, lashing North Carolina with ferocious winds and triggering emergency steps including unprecedented evacuations and transit shutdowns in New York.
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Libya rebels say "close in" on Gaddafi
Fri,26 Aug 2011 11:33 AM PDT
Reuters - TRIPOLI (Reuters) - Libyan rebels claimed to be close to capturing Muammar Gaddafi on Friday as their NATO backers bombed diehard loyalists in his tribal bastion, but there was no sign of an end to the war, or to international wrangling over Libya's riches.
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Some Gulf oil spill claims against BP dismissed
Fri,26 Aug 2011 04:47 PM PDT
Reuters - NEW YORK (Reuters) - A federal judge overseeing hundreds of lawsuits related to last year's massive oil spill in the Gulf of Mexico on Friday dismissed some plaintiff claims and allowed others to remain in the litigation. Full Story | Top |
U.S. East braces for hurricane, NYC orders evacuations
Fri,26 Aug 2011 02:09 PM PDT
Reuters -  WILMINGTON, North Carolina (Reuters) - The eastern United States ramped up its alert on Friday ahead of Hurricane Irene and New York City ordered evacuations of vulnerable residents as the broad, menacing storm closed in on the Atlantic coast.
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Mexico's Calderon berates U.S. after casino attack
Fri,26 Aug 2011 10:04 AM PDT
Reuters -  MEXICO CITY (Reuters) - President Felipe Calderon declared three days of mourning on Friday and demanded a crackdown on drugs in the United States after armed men torched a casino in northern Mexico, killing at least 52 people.
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New York takes unprecedented steps ahead of Irene
Fri,26 Aug 2011 04:05 PM PDT
Reuters -  NEW YORK (Reuters) - New York City on Friday ordered the evacuation of more than 250,000 people and prepared to shut down its entire mass transit system, both unprecedented measures ahead of the expected battering from Hurricane Irene.
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Google TV to launch in Europe next year
Fri,26 Aug 2011 04:34 PM PDT
Reuters -  EDINBURGH, Scotland (Reuters) - Google Inc will launch its TV service in Europe early next year, Executive Chairman Eric Schmidt said on Friday, despite teething problems that had led some observers to question how committed the company would remain to the project.
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Irene losses already up to $1.1 billion, more to come
Fri,26 Aug 2011 04:19 PM PDT
Reuters - NEW YORK (Reuters) - Hurricane Irene caused as much as $1.1 billion in insured losses in the Caribbean, catastrophe modeling company AIR Worldwide said on Friday, with more expected to come as the storm heads for the U.S. Northeast. Full Story | Top |
Japan PM to resign, successor race hard to call
Fri,26 Aug 2011 03:58 AM PDT
Reuters -  TOKYO (Reuters) - The race to pick Japan's sixth leader in five years appeared on Friday to be shaping up as a battle between the most popular contender and a rival backed by a party powerbroker, although with five candidates in play, the outcome was hard to call.
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Libyan rebels to seek U.N. seat next month
Fri,26 Aug 2011 04:53 AM PDT
Reuters -  ISTANBUL (Reuters) - The Libyan rebel political leader said on Friday the transitional government-in-waiting will seek a seat at the United Nations next month following the apparent overthrow of Muammar Gaddafi this week.
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Obama says Hurricane Irene "extremely dangerous"
Fri,26 Aug 2011 09:09 AM PDT
Reuters -  CHILMARK, Massachusetts (Reuters) - President Barack Obama on Friday warned Americans to take Hurricane Irene seriously and urged them to obey orders to evacuate from the path of what is likely to be an "extremely dangerous and costly" storm.
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Market sentiment weakened before U.S downgrade: S&P
Thu,25 Aug 2011 11:45 PM PDT
Reuters -  SINGAPORE (Reuters) - The top official behind Standard & Poor's downgrade of the United States said on Friday it was not to blame for August's stock market rout, and warned that developed nations still needed to "get their act together" to tackle their mountains of debt.
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Photo of seemingly frail Jobs appears on Web
Fri,26 Aug 2011 04:47 PM PDT
Reuters -  LOS ANGELES (Reuters) - A photograph appearing to show an emaciated Steve Jobs surfaced on celebrity website TMZ, which said the picture was taken on Friday, two days after he resigned as Apple Inc's CEO.
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Analysis: Buffett trades off his reputation
Fri,26 Aug 2011 02:35 AM PDT
Reuters -  NEW YORK (Reuters) - Warren Buffett showed again that his name and money is enough to give a struggling company instant credibility in the market. But the legendary investor also demonstrated his canny command of that reputation means that such deals can immediately generate profits.
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Analysis: "Safe haven" assets start to look risky
Fri,26 Aug 2011 05:15 AM PDT
Reuters -  LONDON (Reuters) - This year's heady bout of risk aversion on financial markets has ratcheted up demand for gold, U.S. Treasuries and the Swiss franc to levels that suggest they may no longer be the "safe havens" they are billed as.
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Boeing's Dreamliner becomes commercial reality
Fri,26 Aug 2011 12:50 PM PDT
Reuters -  EVERETT, WASHINGTON/CHICAGO (Reuters) - After years of headaches and heartbreak, Boeing Co got the green light from the U.S. government on Friday to enter its 787 Dreamliner into commercial service to fly passengers.
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How much higher can Apple shares go without Jobs?
Thu,25 Aug 2011 04:06 PM PDT
Reuters -  NEW YORK (Reuters) - As far as investors can see, the outlook for Apple's shares remains as bright as an iPad screen despite the resignation of Steve Jobs, the company's legendary co-founder, as chief executive.
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Italy says Libyan oil facilities not damaged at all
Fri,26 Aug 2011 04:26 AM PDT
Reuters - ROME (Reuters) - Italian oil and gas facilities in Libya were not damaged during the conflict and can restart as soon as security conditions permit, Italian Foreign Minister Franco Frattini told Italian radio on Friday. Full Story | Top |
Obesity to worsen, weigh heavily on healthcare costs
Fri,26 Aug 2011 08:56 AM PDT
Reuters -  HONG KONG (Reuters) - Obesity is most widespread in Britain and the United States among the world's leading economies and if present trends continue, about half of both men and women in the United States will be obese by 2030, health experts warned on Friday.
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Striking Verizon workers boost jobless claims
Thu,25 Aug 2011 02:20 PM PDT
Reuters -  WASHINGTON (Reuters) - Striking workers at Verizon Communications pushed up new U.S. jobless claims last week, but there was little evidence the recent stock market turmoil had spooked businesses enough for them to cut workers.
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Warren Buffett to invest $5 billion in Bank of America
Thu,25 Aug 2011 02:18 PM PDT
Reuters -  NEW YORK/CHARLOTTE, North Carolina (Reuters) - Warren Buffett will invest $5 billion in Bank of America Corp, stepping in to shore up the largest U.S. bank in the same way he helped prop up Goldman Sachs and General Electric during the financial crisis.
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Obama talks with top advisers ahead of jobs speech
Thu,25 Aug 2011 10:04 AM PDT
Reuters -  EDGARTOWN, Massachusetts (Reuters) - President Barack Obama held a conference call on Thursday with top advisers to discuss the economy and progress on a plan he will announce next month to lift U.S. hiring and growth, the White House said.
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Strauss-Kahn to visit IMF headquarters next week
Thu,25 Aug 2011 09:39 AM PDT
Reuters -  WASHINGTON (Reuters) - Dominique Strauss-Khan plans to visit the International Monetary Fund he once headed next week, days after sexual assault charges against him were dropped, an IMF spokesman said on Thursday.
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Hunted in Tripoli, Gaddafi hurls defiance
Thu,25 Aug 2011 03:31 PM PDT
Reuters -  TRIPOLI (Reuters) - Muammar Gaddafi taunted his Libyan enemies and their Western backers as rebel forces battled pockets of loyalists across Tripoli in an ever more urgent quest to find and silence the fugitive strongman.
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