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Tuesday, May 29, 2012 12:02 AM PDT

Today's Yahoo! News - Latest News & Headlines: Shares edge up, Spanish debt curbs risk appetite Huge Australian coal mine wins conditional approval Dewey files for chapter 11 in record law firm collapse US military denies parachuting into N.Korea Obama vows to protect benefits for veterans New approach tested for hard-to-treat hypertension Brewers put hot-hitting catcher Lucroy on DL Marubeni nears $3.5 billion-plus Gavilon deal: sources Analysis: JPMorgan dips into cookie jar to offset "London Whale" losses Insight: Pioneer Ireland fears austerity was in vain James scores 32 as Heat run past Celtics in Game 1 First lady's book: On growing seeds, healthy kids Samsung Galaxy S3 gets head start on rival iPhone Quebec students, government resume negotiations Suspect in Wash. teen's death arrested in Oklahoma New Zealand triplets, age 2, among Qatar mall dead Despite downgrade, Beryl still soaks Memorial Day Franchitti earns nearly $2.5 million for Indy win James' 32 lift Heat past Celtics, 93-79 APNewsBreak: FEMA trailer litigation nears end Asia stocks choppy amid Spanish bank weakness James' 32 left Heat past Celtics, 93-79 Column: Winning's grand, entertaining is enough Nepal fails to adopt blueprint, braces for turmoil NKorean farmers cite grave drought; aid unlikely Romney promises to maintain US military power Exclusive: Pakistan doctor in bin Laden case called corrupt, womanizer Texas primary will be 'big day' for Romney Qatar says 13 children among dead in mall fire Romney won't repudiate Trump on birther issue Arms up Bubbles! Russia condemns ally Syria over massacre of 108 Air Canada plane makes emergency landing Witness in Kenya blast blames bearded man Hibiscus Manager says boxer Williams paralyzed in Ga. crash Mickelson joins group trying to buy Padres Violence flares after Egypt election results Beach memorial Shares edge up, Spanish debt curbs risk appetite Mon,28 May 2012 10:59 PM PDT Reuters - TOKYO (Reuters) - Asian shares rose on bargain hunting on Tuesday but the euro eased, reflecting investor nervousness as a surge in Spanish borrowing costs added to simmering worries about Europe's debt restructuring challenges. European shares were also likely to rise, with spreadbetters predicting major European markets would open as much as 0.5 percent higher. U.S. stock futures were up 0.8 percent. The euro was sluggish, inching down 0.1 percent to $1.2535, just above its 2-month low of $1. ... Full Story Top Huge Australian coal mine wins conditional approval Mon,28 May 2012 10:41 PM PDT AFP - A huge Aus$6.4 billion (US$6.3 billion) coal mine in Australia's Galilee Basin owned by Indian infrastructure giant GVK and the world's richest woman Gina Rinehart Tuesday won conditional approval. Full Story Top Dewey files for chapter 11 in record law firm collapse Mon,28 May 2012 10:30 PM PDT Reuters - NEW YORK/BANGALORE (Reuters) - The crippled law firm Dewey & Leboeuf LLP filed for chapter 11 bankruptcy protection Monday night and will seek approval to liquidate its business after failing to find a merger partner, marking the biggest collapse of a law firm in U.S. history. Once one of the largest law firms in the U.S., Dewey has been hit by the loss of the vast majority of its roughly 300 partners to other firms amid concerns about compensation and a heavy debt load. ... Full Story Top US military denies parachuting into N.Korea Mon,28 May 2012 10:20 PM PDT AFP - The US military Tuesday vehemently denied a media report that special forces had been parachuted into North Korea on intelligence-gathering missions, saying a source had been misquoted. Full Story Top Obama vows to protect benefits for veterans Mon,28 May 2012 10:20 PM PDT Associated Press - President Barack Obama honored the nation's military heroes in a pair of Memorial Day ceremonies, vowing to protect the benefits earned by veterans and their families in an election year marked by the nation's transition from war. Full Story Top New approach tested for hard-to-treat hypertension Mon,28 May 2012 10:18 PM PDT Associated Press - "Maxed out on the medications" is how Bill Ezzell describes his struggle with blood pressure. It's dangerously high even though the North Carolina man swallows six different drugs a day. Full Story Top Brewers put hot-hitting catcher Lucroy on DL Mon,28 May 2012 10:15 PM PDT Associated Press - Milwaukee Brewers catcher Jonathan Lucroy went on the disabled list with a bizarre injury Monday night after breaking his right hand when a suitcase fell on it. Full Story Top Marubeni nears $3.5 billion-plus Gavilon deal: sources Mon,28 May 2012 10:10 PM PDT Reuters - TOKYO/NEW YORK (Reuters) - Japanese trading house Marubeni Corp is nearing a deal to buy U.S. grains merchant Gavilon for about $3.5 billion excluding debt and could announce the transaction as early as Tuesday afternoon in Tokyo, according to people familiar with the matter. Marubeni, Japan's fifth-largest trading company, has been in advanced talks to buy Gavilon since early May. The Japanese company has confirmed its interest in Gavilon but said no decision had been made. ... Full Story Top Analysis: JPMorgan dips into cookie jar to offset "London Whale" losses Mon,28 May 2012 10:04 PM PDT Reuters - NEW YORK (Reuters) - JPMorgan Chase & Co has sold an estimated $25 billion of profitable securities in an effort to prop up earnings after suffering trading losses tied to the bank's now-infamous "London Whale," compounding the cost of those trades. CEO Jamie Dimon earlier this month said the bank sold corporate bonds and other securities, pocketing $1 billion in gains that will help offset more than $2 billion in losses. As a result, the bank will not have to report as big an earnings hit for the second quarter. ... Full Story Top Insight: Pioneer Ireland fears austerity was in vain Mon,28 May 2012 10:00 PM PDT Reuters - DUBLIN (Reuters) - Returning from an annual European trade show last month on a flight packed with successful Irish retailers, Ian Martin felt his country's battered economy might finally be turning around. A supplier of first aid and hygiene products to Irish companies, Martin has spent the last four years trimming costs, laying off some staff and cutting the hours of other employees. Ireland's government has been doing the same, making inroads into an enormous budget deficit and recapitalizing a near-collapsed banking system. ... Full Story Top James scores 32 as Heat run past Celtics in Game 1 Mon,28 May 2012 09:36 PM PDT Associated Press - The way LeBron James and Dwyane Wade are rolling right now, one bad quarter is hardly too much for the Miami Heat to overcome. Full Story Top First lady's book: On growing seeds, healthy kids Mon,28 May 2012 09:24 PM PDT Associated Press - From the beginning, Michelle Obama's kitchen garden has been an overachiever, churning out more peppers, parsley and eggplant than expected, and generating interest that — yes, really — crosses oceans. Full Story Top Samsung Galaxy S3 gets head start on rival iPhone Mon,28 May 2012 09:19 PM PDT Reuters - SEOUL (Reuters) - Samsung Electronics Co launches its latest Galaxy S smartphone in Europe on Tuesday, with the third generation model expected to be even more successful than its predecessor, which helped the South Korean company topple Apple Inc as the world's top smartphone maker. The S3, which tracks the user's eye movements to keep the screen from dimming or turning off while in use, hits stores in 28 European and Middle East countries, including Germany and Britain, as Samsung aims to widen the gap with Apple months ahead of its rival's new iPhone, expected in the third quarter. ... Full Story Top Quebec students, government resume negotiations Mon,28 May 2012 09:03 PM PDT Associated Press - Quebec college and university students and the provincial government returned to the bargaining table on Monday in an attempt to put an end to a months-long dispute over tuition hikes that has led to clashes with police and mass arrests. Full Story Top Suspect in Wash. teen's death arrested in Oklahoma Mon,28 May 2012 09:03 PM PDT Associated Press - A Washington state man wanted in connection with the death of his 17-year-old ex-girlfriend who was found in a burning home was arrested in Oklahoma City on Monday, authorities said. Full Story Top New Zealand triplets, age 2, among Qatar mall dead Mon,28 May 2012 08:44 PM PDT Associated Press - Prime Minister John Key and others offered condolences Tuesday to the New Zealand parents whose 2-year-old triplets were among the 13 children killed in a fire in a shopping mall in Qatar. Full Story Top Despite downgrade, Beryl still soaks Memorial Day Mon,28 May 2012 08:42 PM PDT Associated Press - Joyce Connolly and her daughters left their home in Hurricane, W.Va., to head south for a Memorial Day beach vacation — and ended up in the center of Tropical Storm Beryl. Full Story Top Franchitti earns nearly $2.5 million for Indy win Mon,28 May 2012 08:39 PM PDT Associated Press - Dario Franchitti's first win at Indianapolis, in 2007, made him more than just Ashley Judd's husband. Full Story Top James' 32 lift Heat past Celtics, 93-79 Mon,28 May 2012 08:35 PM PDT Associated Press - A big early Miami lead was wasted. Once the Heat took control again, they simply ran away from the Boston Celtics. Full Story Top APNewsBreak: FEMA trailer litigation nears end Mon,28 May 2012 08:31 PM PDT Associated Press - A class-action settlement agreement has been reached to resolve nearly all the remaining court claims over allegations that government-issued trailers exposed Gulf Coast residents to hazardous fumes after Hurricane Katrina, a lead plaintiffs' attorney said Monday. Full Story Top Asia stocks choppy amid Spanish bank weakness Mon,28 May 2012 08:28 PM PDT Associated Press - Asian stock markets were choppy Tuesday amid new worries about the health of Spanish banks and their potential to worsen Europe's debt crisis. Full Story Top James' 32 left Heat past Celtics, 93-79 Mon,28 May 2012 08:18 PM PDT Associated Press - A big early Miami lead was wasted. Once the Heat took control again, they simply ran away from the Boston Celtics. Full Story Top Column: Winning's grand, entertaining is enough Mon,28 May 2012 07:56 PM PDT Associated Press - The Cubs skulked back into town with their tails between their legs and plenty to answer for. Full Story Top Nepal fails to adopt blueprint, braces for turmoil Mon,28 May 2012 07:33 PM PDT Associated Press - Nepal sank into political turmoil after lawmakers failed to agree on a new constitution, leaving the country with no legal government. The premier called new elections, but critics said he lacked the power to do so. Full Story Top NKorean farmers cite grave drought; aid unlikely Mon,28 May 2012 06:50 PM PDT Associated Press - North Korea is reporting a serious drought that could worsen already critical food shortages, but help is unlikely to come from the United States and South Korea following Pyongyang's widely criticized rocket launch. Full Story Top Romney promises to maintain US military power Mon,28 May 2012 06:42 PM PDT Associated Press - Former Massachusetts Gov. Mitt Romney, on the brink of clinching the Republican nomination, promised Monday to maintain an American military "with no comparable power anywhere in the world." Full Story Top Exclusive: Pakistan doctor in bin Laden case called corrupt, womanizer Mon,28 May 2012 06:38 PM PDT Reuters - ISLAMABAD (Reuters) - The Pakistani doctor who helped the CIA find Osama bin Laden faced accusations of corruption and other wrongdoing long before he was captured by Pakistani intelligence agents and then jailed for 33 years for treason. In interviews over the weekend, several current and former Pakistani officials described the doctor, Shakil Afridi, as a hard-drinking womanizer who had faced accusations of sexual assault, harassment and stealing. They said his main obsession was making easy money. ... Full Story Top Texas primary will be 'big day' for Romney Mon,28 May 2012 06:04 PM PDT Associated Press - Former Massachusetts Gov. Mitt Romney says he's looking forward to clinching the Republican nomination for president on Tuesday. Full Story Top Qatar says 13 children among dead in mall fire Mon,28 May 2012 05:53 PM PDT Associated Press - Qatar's Interior Ministry said 13 children were among 19 people killed in a fire that broke out in one of the country's fanciest shopping malls late Monday morning, raising questions about building safety in the booming Gulf state. Full Story Top Romney won't repudiate Trump on birther issue Mon,28 May 2012 05:40 PM PDT Associated Press - Republican presidential hopeful Mitt Romney isn't taking a position on supporter Donald Trump's return to the controversy over where President Barack Obama was born. Full Story Top Arms up Mon,28 May 2012 05:35 PM PDT AFP - Members of the US Navy's JROTC hold up a giant American flag during a Memorial Day parade along Constitution Avenue in Washington. Full Story Top Bubbles! Mon,28 May 2012 05:27 PM PDT AFP - People participate soap bubble gathering in Vilnius. Full Story Top Russia condemns ally Syria over massacre of 108 Mon,28 May 2012 05:25 PM PDT Associated Press - A weekend massacre of more than 100 people emerged as a potential turning point in the Syrian crisis Monday, galvanizing even staunch ally Russia to take an unusually hard line against President Bashar Assad's government. Full Story Top Air Canada plane makes emergency landing Mon,28 May 2012 05:22 PM PDT Associated Press - An Air Canada jet bound for Japan made an emergency landing in Toronto Monday afternoon after an engine shut down shortly after takeoff from Pearson International Airport. No injuries were reported. Full Story Top Witness in Kenya blast blames bearded man Mon,28 May 2012 05:21 PM PDT Associated Press - An explosion ripped through a building full of small shops in downtown Nairobi, injuring at least 33 people, including a woman who blamed the blast on a "bearded man" who left behind a bag shortly before the detonation. Full Story Top Hibiscus Mon,28 May 2012 05:08 PM PDT AFP - A Hibiscus rosa-sinensis flower is pictured in Silver Spring, Maryland. Full Story Top Manager says boxer Williams paralyzed in Ga. crash Mon,28 May 2012 05:03 PM PDT Associated Press - Boxer Paul Williams was paralyzed Sunday after being involved in a motorcycle crash in the Atlanta suburbs and doctors said it is unlikely he will continue his career, his manager said Monday. Full Story Top Mickelson joins group trying to buy Padres Mon,28 May 2012 04:59 PM PDT Associated Press - Phil Mickelson has joined a group of investors who want to buy his hometown Major League Baseball team, San Diego Padres. Full Story Top Violence flares after Egypt election results Mon,28 May 2012 04:52 PM PDT Associated Press - A mob set fire late Monday to the campaign headquarters of one of the two Egyptian presidential politicians facing each other in a runoff that will decide a new leader after last year's popular uprising, the first sign of unrest after the voting yielded divisive candidates. Full Story Top Beach memorial Mon,28 May 2012 04:49 PM PDT AFP - A woman walks past Arlington West Memorial built on the beach next to Santa Monica Pier in Santa Monica, California. Full Story Top

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