Today's Reuters News Headlines - Yahoo! News: | | Tropical Storm Isaac closes in on U.S. Gulf Coast Mon,27 Aug 2012 11:22 PM PDT Reuters - NEW ORLEANS (Reuters) - Tropical Storm Isaac bore down on the U.S. Gulf Coast on Tuesday, packing swirling winds and rain and posing a major test of the region's new flood control systems seven years after Hurricane Katrina sent walls of water crashing across its shoreline. Rain and tropical storm force winds were expected to spread into the region in the coming hours, the U.S. National Hurricane Center said, as computer forecast models increasingly showed the storm likely to make landfall late on Tuesday near southeastern Louisiana as a full-blown hurricane. ...
Full Story | Top | Republicans showcase Romney as storm clouds convention Mon,27 Aug 2012 10:31 PM PDT Reuters - TAMPA, Florida (Reuters) - Presidential candidate Mitt Romney flies to Tampa on Tuesday to join fellow Republicans seeking to put their shortened convention back on track and prevent his message from being drowned out by a tropical storm churning toward the Gulf Coast. Getting down to the first full day of business after Tropical Storm Isaac upended the convention schedule, delegates will formally affirm Romney as the party's nominee in an evening capped by prime time speeches by Romney's wife, Ann, and New Jersey Governor Chris Christie. ...
Full Story | Top | Military says trial of accused Fort Hood shooter can go ahead Mon,27 Aug 2012 03:30 PM PDT Reuters - AUSTIN, Texas (Reuters) - Proceedings may resume in the court martial of alleged Fort Hood shooter Major Nidal Hasan, a military court ruled on Monday, less than a week after it stopped the trial to consider whether Hasan's beard could be forcibly shaved. The Court of Appeals for the Armed Forces did not say whether Colonel Gregory Gross, the military trial judge, could order Hasan shaved. Gross has threatened to have Hasan shaved if he does not get rid of the beard himself before his next court appearance, saying the beard breaks Army regulations. ...
Full Story | Top | Warplane attacks on Damascus suburbs kill 60: activists Mon,27 Aug 2012 03:52 PM PDT Reuters - AMMAN/ALEPPO (Reuters) - Syrian fighter planes made rare sorties on the outskirts of the capital Damascus, killing at least 60 people in its eastern suburbs, the same day a Syrian military helicopter crashed while under rebel fire, activists said. They said aerial attacks by at least two fighter planes late on Monday had targeted the neighborhood of Zemalka and the more easterly suburb of Saqba where Free Syrian Army fighters had attacked and overrun several army roadblocks earlier in the day. ...
Full Story | Top | Exclusive: Egypt's president rules out currency devaluation Mon,27 Aug 2012 01:36 PM PDT Reuters - CAIRO (Reuters) - Egypt's new president said on Monday he would not impose new taxes or devalue the country's currency and that his government would rely instead on investment, tourism and exports to fix an economy ravaged by a year and a half of political turmoil. Mohamed Mursi, 61, has a window of opportunity to push through economic change while he still commands political goodwill 50 days into his tenure as Egypt's first freely elected president, economists say. ... Full Story | Top | Exclusive: Colombia's ELN rebels offer peace talks Mon,27 Aug 2012 07:19 PM PDT Reuters - BOGOTA (Reuters) - Colombia's second-biggest guerrilla group says it is willing to hold unconditional peace talks to end five decades of war, but will not end its campaign of kidnappings, bombings and extortion against foreign oil and mining firms before negotiations begin. Nicolas Rodriguez, leader of the National Liberation Army, known as the ELN, told Reuters in a rare interview that he is open to negotiate an end to the bloodshed with President Juan Manuel Santos' conservative government. ...
Full Story | Top | U.S. troops punished over Koran burning, urination video Mon,27 Aug 2012 04:05 PM PDT Reuters - WASHINGTON (Reuters) - The U.S. military said on Monday it was disciplining U.S. troops over two incidents that provoked outrage in Afghanistan early this year, one involving a video depicting Marines urinating on corpses and another over burned copies of the Koran. The administrative punishments -- which could include things like reduce rank or forfeiture of pay -- fell short of criminal prosecution, and it was unclear whether they would satisfy Afghan demands for justice. ...
Full Story | Top | Exclusive: Blackstone grooms six executives for Schwarzman's job Mon,27 Aug 2012 01:04 PM PDT Reuters - NEW YORK/LONDON (Reuters) - When Blackstone Group LP named a new global head of private equity last month, Chief Executive Stephen Schwarzman was looking for more than just a business unit chief. Even though the buyout king has no plans to retire, the appointment of Joe Baratta, a 41-year-old dealmaker credited with building up the firm's European buyouts practice, was the latest step in a wider succession plan, Blackstone insiders said. Baratta joins five other senior Blackstone executives from whose ranks the successor to Schwarzman, 65, will eventually emerge, the sources said. ...
Full Story | Top | Analysis: Friend and foe; Samsung, Apple won't want to damage parts deal Mon,27 Aug 2012 06:25 AM PDT Reuters - SEOUL (Reuters) - While Samsung Electronics is reeling from a patent pounding by its smartphone rival Apple Inc, this is unlikely to damage the other part of their relationship - where Samsung is the sole supplier of Apple-designed chips that power the iPhone and iPad. At an emergency meeting in Seoul early on Sunday following the damning U.S. legal defeat, the South Korean group's post mortem was led by vice chairman Choi Gee-sung and the head of the mobile business JK Shin, rather than by CEO Kwon Oh-hyun, whose primary role is in charge of the components business. ...
Full Story | Top | Isaac seen strengthening to Category 2 hurricane Mon,27 Aug 2012 02:17 PM PDT Reuters - MIAMI (Reuters) - Tropical Storm Issac is forecast to strengthen into a Category 2 hurricane before it makes landfall somewhere between Florida and Louisiana, the U.S. National Hurricane Center said on Monday. Isaac was expected to have sustained winds of 100 miles per hour on Wednesday and could reach land Tuesday night or early Wednesday. (Reporting by Kevin Gray)
Full Story | Top | Exclusive: Colombia's ELN rebels offer peace talks, refuse ceasefire first Mon,27 Aug 2012 03:28 PM PDT Reuters - BOGOTA (Reuters) - Colombia's second-biggest guerrilla group says it is willing to hold unconditional peace talks to end five decades of war, but refuses to end its kidnapping, bomb attacks and extortion of foreign oil and mining companies before negotiations start. Nicolas Rodriguez, leader of the National Liberation Army, known as the ELN, told Reuters in a rare interview that he is open to negotiate an end to the bloodshed with President Juan Manuel Santos' conservative government. ...
Full Story | Top | Isaac menaces U.S. Gulf Coast 7 years after Katrina Mon,27 Aug 2012 03:16 PM PDT Reuters - NEW ORLEANS (Reuters) - Tropical Storm Isaac closed in on the U.S. Gulf of Mexico coast on Monday, triggering some mandatory evacuation orders and disrupting U.S. offshore oil production as it threatened to make landfall between Florida and Louisiana as a Category 2 hurricane. The wide, slow-moving storm swiped south Florida on Sunday and strengthened over the warm Gulf waters. It was expected to reach land Tuesday night or early Wednesday, the anniversary of devastating Hurricane Katrina seven years ago. The U.S. ...
Full Story | Top | Romney's storm-delayed convention limps into motion Mon,27 Aug 2012 01:46 PM PDT Reuters - TAMPA, Florida (Reuters) - Forget the loud music, cheering crowds and funny hats. Instead of opening with a bang as originally planned, Mitt Romney's Republican convention started with a whimper on Monday as party leaders staged a low-key session while Tropical Storm Isaac churned through the Gulf of Mexico. ...
Full Story | Top | Car carrying Japan ambassador to China attacked: agency Mon,27 Aug 2012 08:13 AM PDT Reuters - TOKYO (Reuters) - A man attacked the car carrying the Japanese ambassador in Beijing on Monday and ripped off the Japanese flag flying on the vehicle, Japan's Kyodo news agency reported, amid escalating tensions that led to the biggest anti-Japan protests in years. Kyodo, quoting Japanese embassy officials in Beijing, gave no further details of the attack, but said the ambassador, Uichiro Niwa, was unhurt. The report said the embassy had "filed a strong protest with the Chinese Foreign Ministry". ...
Full Story | Top | Gaza not "liveable" by 2020 barring urgent action: U.N Mon,27 Aug 2012 08:34 AM PDT Reuters - GAZA (Reuters) - Gaza will no longer be "liveable" by 2020 unless urgent action is taken to improve water supply, power, health, and schooling, the United Nations' most comprehensive report on the Palestinian enclave said on Monday. "Action needs to be taken now if Gaza is to be a liveable place in 2020 and it is already difficult now," U.N. humanitarian coordinator Maxwell Gaylard told journalists when the report was released on Monday. Five years into an Israeli blockade supported by Egypt, and living under one-party rule, Gaza's population of 1. ... Full Story | Top | Labor strife returns in South Africa's platinum belt Mon,27 Aug 2012 07:56 AM PDT Reuters - MARIKANA, South Africa (Reuters) - Labor strife returned to South Africa's platinum sector on Monday, derailing London-based Lonmin's efforts to restart mining and fanning fears of a resurgence of the violence that has killed 44 people this month. Workers blocked colleagues from going down mine shafts and used threats of violence to snarl transport at Lonmin's Marikana mine - where 10 people were killed in a union turf war and police shot dead 34 striking miners. ...
Full Story | Top | Exclusive: Venezuela refinery could restart Friday Mon,27 Aug 2012 03:53 PM PDT Reuters - PARAGUANA, Venezuela (Reuters) - Venezuela's biggest refinery could restart operations on Friday and fires still burning in three storage tanks will be extinguished within two days, the country's energy minister told Reuters, following the country's worst oil industry accident. An explosion on Saturday at the Amuay refinery killed 48 people and pushed up U.S. fuel prices in markets that were already bullish because of a threat that Tropical Storm Isaac could disrupt refinery operations on the U.S. Gulf Coast. ...
Full Story | Top | Major quake hits off El Salvador, no damage reported Mon,27 Aug 2012 12:55 AM PDT Reuters - MEXICO CITY (Reuters) - A 7.3 magnitude earthquake struck in the Pacific Ocean off El Salvador late on Sunday, triggering a brief tsunami warning along a stretch of the central American coast but causing no major damage or casualties, early reports indicated. The quake hit about 74 miles offshore at a depth of just over 20 km (12 miles), the U.S. Geological Survey said. It earlier gave the magnitude as 7.4. A small tsunami hit the El Salvador port of Acajutla following the quake, the Pacific Tsunami Warning Center said. ...
Full Story | Top | Analysis: Politics the priority for China as economy slows Mon,27 Aug 2012 04:04 AM PDT Reuters - BEIJING (Reuters) - China's policy chiefs have about two weeks left to decide about giving the economy a proper stimulative prod, or risk parading a new Communist Party leadership to the world just as growth falls below target for the first time in nearly four years. Factory activity is already at a nine-month low, according to the latest manufacturing sector survey from HSBC, signaling that the official August numbers for industrial production and trade published in a fortnight will foreshadow third quarter economic growth falling below the government's 7.5 percent goal. ...
Full Story | Top | IBM enters HR web applications market with Kenexa buy Mon,27 Aug 2012 11:37 AM PDT Reuters - (Reuters) - IBM Corp will buy Kenexa Corp for about $1.3 billion to enter the human resources software market in a move that would likely increase competition with Oracle Corp and SAP AG who recently bought into the sector. The deal underpins the importance that slow-growing technology giants place on faster-growing, web-based software makers, whose products are less vulnerable to the economic downturn as there are no upfront costs for program licenses, dedicated hardware or installation. Germany's SAP bought Kenexa's competitor SuccessFactors for $3. ...
Full Story | Top | Britain wants to restart Assange talks with Ecuador Sun,26 Aug 2012 01:32 PM PDT Reuters - LONDON (Reuters) - Britain said on Sunday it remained committed to reaching a diplomatic solution to the presence of WikiLeaks founder Julian Assange in Ecuador's London embassy, after both countries took steps to defuse a row over his action in taking refuge there. Assange has been living in the embassy's cramped quarters for more than two months since fleeing there to avoid extradition to Sweden, where he is wanted for questioning over rape and sexual assault allegations. ...
Full Story | Top | Venezuela struggles with refinery blaze after deadly blast Mon,27 Aug 2012 04:40 AM PDT Reuters - PARAGUANA, Venezuela (Reuters) - Venezuelan firefighters struggled on Sunday to put out a blaze at the country's biggest refinery sparked by an explosion that killed 41 people in one of the global oil industry's deadliest accidents. Officials at the 645,000 barrel-per-day Amuay refinery are trying to stop the fire still raging at two storage tanks from spreading to other nearby fuel storage facilities. That would delay Amuay's restart beyond the current estimate of two days. ...
Full Story | Top | Afghans say top Haqqani leader was killed in U.S. drone strike Sun,26 Aug 2012 12:30 PM PDT Reuters - KABUL (Reuters) - Afghanistan said on Sunday it believed that a top commander of the militant Haqqani insurgent network had been killed in a U.S. drone strike, citing intelligence reports that it said countered Afghan Taliban claims that Badruddin Haqqani was still alive. Haqqani, who was head of operations and ran the network's vital business interests, was thought to have been killed during the strike this week in Pakistan's tribal North Waziristan, both Afghanistan's Interior Ministry and national spy agency said. ... Full Story | Top | Samsung shares drop $12 billion after Apple's court victory Mon,27 Aug 2012 07:54 AM PDT Reuters - SEOUL (Reuters) - Samsung Electronics shares slumped 7.5 percent on Monday, wiping more than $12 billion off the South Korean giant's market value, as a sweeping victory for Apple Inc in a U.S. patent lawsuit raised concerns about its smartphone business - its biggest cash cow. Samsung, which says it will contest the verdict, was ordered to pay $1.05 billion in damages after a California jury found it had copied critical features of the hugely popular iPhone and iPad and could face an outright sales ban on key products. ...
Full Story | Top | Empire State gunman planned to not return home: NY police Sun,26 Aug 2012 11:34 AM PDT Reuters - NEW YORK (Reuters) - The man who shot and killed a former co-worker and was himself killed by police near New York City's Empire State Building left his keys with his landlord on Friday to allow renovation of his apartment and apparently intended to never return, a police source said on Sunday. Jeffrey Johnson, 58, an out-of-work accessories designer, killed Steve Ercolino, with whom he had been feuding, on Friday in midtown Manhattan. Nine bystanders were wounded as the result of police gunfire, three hit by bullets and six injured by ricocheted fragments. ...
Full Story | Top | Analysis: How Apple overwhelmed Samsung's patent case tactics Mon,27 Aug 2012 07:40 AM PDT Reuters - SAN FRANCISCO (Reuters) - In August 2010, just a few months after Samsung Electronics launched its Galaxy smartphone, a team of Apple Inc lawyers flew to South Korea. Apple's late co-founder, Steve Jobs, had already told Samsung executives at a meeting earlier that summer that he considered the Galaxy S, based on Google's Android operating system, an illegal copy of the iPhone. But given the extensive business ties between the two companies - Samsung is one of Apple's key component suppliers - a negotiated solution seemed most likely. ...
Full Story | Top | Tsunami warning cancelled for quake off El Salvador Mon,27 Aug 2012 12:09 AM PDT Reuters - LONDON (Reuters) - The Pacific Tsunami Warning Center cancelled a tsunami alert issued earlier on Monday for the central American coast. The warning for El Salvador, Costa Rica, Nicaragua, Honduras, Guatemala, Panama and Mexico followed a 7.4 magnitude earthquake off the coast of El Salvador. (Editing by John Stonestreet) Full Story | Top | Analysis: Politics the priority for China as economy slows Sun,26 Aug 2012 02:20 PM PDT Reuters - BEIJING (Reuters) - China's policy chiefs have about two weeks left to decide about giving the economy a proper stimulative prod, or risk parading a new Communist Party leadership to the world just as growth falls below target for the first time in nearly four years. Factory activity is already at a nine-month low, according to the latest manufacturing sector survey from HSBC, signaling that the official August numbers for industrial production and trade published in a fortnight will foreshadow third quarter economic growth falling below the government's 7.5 percent goal. ... Full Story | Top | Assad's forces accused of massacre near Syrian capital Sun,26 Aug 2012 03:14 PM PDT Reuters - ALEPPO, Syria (Reuters) - Syrian opposition activists accused President Bashar al-Assad's army of massacring hundreds of people in a town close to the capital that government forces recaptured from rebels. About 320 bodies, including women and children, were found in houses and basements in the town of Daraya, southwest of Damascus, according to activists who said on Sunday most had been killed "execution-style" by troops. Activists uploaded several videos to the Internet showing rows of bloodied bodies wrapped in sheets. ...
Full Story | Top | Quake of 7.4 magnitude hits off El Salvador coast: USGS Sun,26 Aug 2012 10:23 PM PDT Reuters - (Reuters) - A major earthquake of 7.4 magnitude hit in the Pacific Ocean about 78 miles off the coast of El Salvador late Sunday night, the U.S. Geological Survey said. No destructive Pacific-wide tsunami is expected, and there is no tsunami threat to Hawaii, the Pacific Tsunami Warning Center said. The center said, however, that although it did not know if a tsunami had been generated, a warning was in effect for Costa Rica, Nicaragua, El Salvador, Honduras, Guatemala, Panama and Mexico. ... Full Story | Top | Merkel tries to calm storms over Greece, ECB policy Sun,26 Aug 2012 11:27 AM PDT Reuters - BERLIN/FRANKFURT (Reuters) - Angela Merkel tried to calm a growing storm over euro zone crisis strategy on Sunday after the Bundesbank likened ECB bond-buying plans to a dangerous drug and a conservative ally of the German leader said Greece should leave the currency bloc by next year. The comments, from central bank chief Jens Weidmann and a senior figure in the Bavarian Christian Social Union (CSU), Alexander Dobrindt, point to mounting unease in Germany with the policies being used to combat the three-year old debt crisis. ...
Full Story | Top | Moderate 5.3 magnitude earthquake in Southern California: USGS Sun,26 Aug 2012 12:52 PM PDT Reuters - (Reuters) - A moderate earthquake of 5.3 magnitude struck near the California-Mexico border 15 miles north northeast of Brawley, California, at a depth of 2.9 miles, the U.S. Geological Survey said on Sunday. The quake hit at 12:32 p.m. local time (1932 GMT) and was one of a series in the desert region on Sunday above magnitude 4.0, USGS said. There were no immediate reports of any damage, the San Diego County sheriff's office said. (Reporting by Daniel Trotta; Editing by Jackie Frank) Full Story | Top | With Samsung win on Galaxy Tab, judge may reconsider U.S. ban Sun,26 Aug 2012 10:03 PM PDT Reuters - (Reuters) - Apple Inc's legal victory on Friday over Korean rival Samsung Electronics Co Ltd was crushing but for one key front in its global smartphone and tablet patent war: Samsung's Galaxy Tab 10.1. The jury in the San Jose, California, federal court awarded the iPhone and iPad maker $1.05 billion in damages and said Samsung had copied critical features in the U.S. company's products. However, it declined to side with Apple on one patent, covering design elements on the iPad. ...
Full Story | Top | Venezuela struggles with refinery blaze after deadly blast Sun,26 Aug 2012 03:10 PM PDT Reuters - PARAGUANA, Venezuela (Reuters) - Venezuelan firefighters struggled on Sunday to put out a blaze at the country's biggest refinery sparked by an explosion that killed 41 people in one of the global oil industry's deadliest accidents. Officials at the 645,000 barrel-per-day Amuay refinery are trying to stop the fire still raging at two storage tanks from spreading to other nearby fuel storage facilities. That would delay Amuay's restart beyond the current estimate of two days. ...
Full Story | Top | First man on moon Neil Armstrong dead at 82 Sat,25 Aug 2012 03:36 PM PDT Reuters - (Reuters) - U.S. astronaut Neil Armstrong, who took a giant leap for mankind when he became the first person to walk on the moon, has died at the age of 82, his family said on Saturday. Armstrong died following complications from heart-bypass surgery he underwent earlier this month, the family said in a statement, just two days after his birthday on August 5. As commander of the Apollo 11 mission, Armstrong became the first human to set foot on the moon on July 20, 1969. As he stepped on the dusty surface, Armstrong said: ""That's one small step for (a) man, one giant leap for mankind. ...
Full Story | Top | Isaac heads for U.S. Gulf Coast after drenching south Florida Sun,26 Aug 2012 04:50 PM PDT Reuters - KEY WEST, Florida (Reuters) - Tropical Storm Isaac lashed south Florida with winds and heavy rain on Sunday after battering the Caribbean, threatening to interrupt most U.S. offshore oil production in the Gulf of Mexico and disrupting plans for the Republican National Convention in Tampa. Isaac is expected to strengthen to a Category 2 hurricane and hit the Gulf Coast somewhere between Florida and Louisiana at midweek - on or near the seventh anniversary of Hurricane Katrina - the U.S. National Hurricane Center (NHC) said in an advisory. ...
Full Story | Top | Two members of punk rock band flee Russia Sun,26 Aug 2012 06:19 AM PDT Reuters - MOSCOW (Reuters) - Two members of Russia's anti-Kremlin punk band Pussy Riot have fled the country to avoid prosecution for staging a protest against President Vladimir Putin at a church altar, the band said on Sunday. A Moscow court sentenced three members of the all-female opposition band to two years in prison on August 17 for staging a "punk prayer" at the Christ the Saviour Cathedral in February and calling on the Virgin Mary to rid Russia of Putin. ...
Full Story | Top | Merkel's party keeps lead, coalition ally down: poll Sun,26 Aug 2012 10:28 AM PDT Reuters - BERLIN (Reuters) - Support for Chancellor Angela Merkel's conservatives has nudged higher, an opinion poll showed on Sunday, but the weakness of two smaller parties highlights the trouble she may face building another center-right coalition after Germany's 2013 election. The Emnid poll conducted for the Bild on Sunday newspaper showed the conservatives up one percentage point at 36 percent but their junior coalition partner, the pro-business Free Democrats (FDP), down one point at 4 percent, below the 5 percent threshold for entering parliament. ...
Full Story | Top | After mourning, Lonmin in race to restart mining Sun,26 Aug 2012 06:14 AM PDT Reuters - JOHANNESBURG (Reuters) - World no. 3 platinum producer Lonmin is racing to resume ore extraction at its Marikana site, with no guarantee striking workers will return this week after a mourning period for comrades killed in a wave of labour unrest. Lonmin's South African operations have been paralysed since an illegal strike involving 3,000 rock driller operators started two weeks ago and exploded into violent clashes that killed 44 people, including 34 striking workers gunned down by police. ...
Full Story | Top | Analysis: Europe far right shuns Breivik's acts, flirts with ideas Sun,26 Aug 2012 01:06 AM PDT Reuters - LONDON/ROME (Reuters) - Norwegian mass killer Anders Behring Breivik may have failed to ignite a race war with Muslims, but he succeeded in stoking anxieties about the stability of Europe's increasingly diverse societies. Though his talk of an international underground of killers - latter-day Crusaders he called the Knights Templar - seemed to be mere fantasy, and while his methods place him far beyond the pale of mainstream politics, many of his beliefs are to be found within the fold of anti-Muslim, anti-immigrant populists. ...
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