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Tuesday, June 28, 2011 12:07 AM PDT

Today's Reuters News Headlines - Yahoo! News: French banks agree to Greek debt rollover Europe's Lagarde set to win top IMF job Blagojevich jurors: Tapes made case against ex-governor Pawlenty hits Obama on "Arab spring" Nike quarterly net income rises 14 percent Microsoft puts Office in the cloud, confronts Google Tepco faces shareholder wrath over nuclear crisis Mob boss played slots in Vegas while on the run Immigration restrictions take 1 step forward, 1 back, in South Benefit of mammograms even greater than thought Court strikes down minor violent video game ban Global consumers crave green energy in survey: Vestas International court orders Gaddafi's arrest Trial opens for accused Cleveland serial killer Bachmann launches 2012 presidential bid Consumer spending breaks 10-month rising streak Ex-Illinois Governor Blagojevich guilty of corruption Los Angeles Dodgers baseball team files bankruptcy France's Lagarde poised to become next IMF chief Ex-Citigroup VP pleads not guilty in fraud case Obama confident debt deal can be struck IMF proposes risk-based money laundering assessments Consumer spending breaks 10-month rising streak U.N. says peacekeeping chief Le Roy to leave post After bin Laden, militants flood net with threats GSV takes stake in Facebook, valuing it at $70 billion Japan trips in key effort to cool nuclear reactors Supreme Court to decide TV profanity, nudity case Knox clashes with witness in Italy murder trial Khmer Rouge commanders go on trial in Cambodia Fleeing Russian spy told wife to "be calm" Regulator signs off on threatened nuclear plant Long road home for displaced North Dakota residents China's Wen signals doubt inflation goal can be met Pakistan's Taliban vow attacks on West France's Lagarde poised to become next IMF chief New Yorkers celebrate marriage law at Gay Pride Parade Khmer Rouge commanders go on trial in Cambodia Gaddafi's future not up for debate:Libyan government Republicans firm on taxes ahead of Obama meeting French banks agree to Greek debt rollover Mon,27 Jun 2011 01:48 PM PDT Reuters - ATHENS/PARIS (Reuters) - France offered a radical solution Monday for banks to roll over some Greek debt for 30 years as the Greek government fought for political support of its five-year austerity plan to avert bankruptcy. Full Story1 Top Europe's Lagarde set to win top IMF job Mon,27 Jun 2011 10:21 PM PDT Reuters - WASHINGTON (Reuters) - French Finance Minister Christine Lagarde looks set to emerge on Tuesday as the International Monetary Fund's new chief, maintaining the tradition of a European heading the global lender. Full Story1 Top Blagojevich jurors: Tapes made case against ex-governor Mon,27 Jun 2011 08:30 PM PDT Reuters - CHICAGO (Reuters) - The jurors who found Rod Blagojevich guilty of federal corruption charges on Monday said they deliberated methodically and began with the presumption that he was innocent. Full Story1 Top Pawlenty hits Obama on "Arab spring" Mon,27 Jun 2011 09:10 PM PDT Reuters - WASHINGTON (Reuters) - Republican presidential candidate Tim Pawlenty will question President Barack Obama's handling of the "Arab spring" movement on Tuesday in what is being billed as a major foreign policy address. Full Story1 Top Nike quarterly net income rises 14 percent Mon,27 Jun 2011 04:50 PM PDT Reuters - NEW YORK (Reuters) - Nike Inc reported stronger-than-expected quarterly earnings on Monday as a 14 percent increase in revenue helped offset higher costs, and orders showed surprising strength for the future. Full Story1 Top Microsoft puts Office in the cloud, confronts Google Mon,27 Jun 2011 10:54 PM PDT Reuters - SEATTLE (Reuters) - Microsoft Corp is making its biggest move into the mobile, Internet-accessible world of cloud computing this week, as it takes the wraps off a revamped online version of its hugely profitable Office software suite. Full Story1 Top Tepco faces shareholder wrath over nuclear crisis Mon,27 Jun 2011 10:00 PM PDT Reuters - TOKYO (Reuters) - The utility at the heart of Japan's nuclear crisis, Tokyo Electric Power Co, faced pressure Tuesday from heckling shareholders to shut all its reactors in a sign of growing Japanese opposition to nuclear energy. Full Story1 Top Mob boss played slots in Vegas while on the run Mon,27 Jun 2011 03:23 PM PDT Reuters - WASHINGTON (Reuters) - A picture of what life was like for former mob boss James "Whitey" Bulger while he was on the run emerged on Monday: Las Vegas casinos, trips to Mexico and returning to his hometown of Boston heavily armed to take care of "unfinished business." Full Story1 Top Immigration restrictions take 1 step forward, 1 back, in South Mon,27 Jun 2011 04:39 PM PDT Reuters - ATLANTA (Reuters) - A federal judge on Monday blocked two key parts of Georgia's crackdown on illegal immigration, just as the governor in neighboring South Carolina signed a measure to impose new immigration restrictions there. Full Story1 Top Benefit of mammograms even greater than thought Mon,27 Jun 2011 10:35 PM PDT Reuters - CHICAGO (Reuters) - The longest-running breast cancer screening study ever conducted has shown that regular mammograms prevent deaths from breast cancer, and the number of lives saved increases over time, an international research team said on Tuesday. Full Story1 Top Court strikes down minor violent video game ban Mon,27 Jun 2011 01:46 PM PDT Reuters - WASHINGTON (Reuters) - Governments cannot ban the sale or rental of violent video games to minors because it would violate free-speech rights, the U.S. Supreme Court said on Monday in its first ruling in a video game case. Full Story1 Top Global consumers crave green energy in survey: Vestas Mon,27 Jun 2011 09:14 PM PDT Reuters - NEW YORK (Reuters) - Consumers around the world overwhelmingly support the rollout of renewable energy, but many have mistaken views about "green" products, according to a survey conducted by TNS Gallup for Vestas Wind Systems. Full Story1 Top International court orders Gaddafi's arrest Mon,27 Jun 2011 03:02 PM PDT Reuters - THE HAGUE/TRIPOLI (Reuters) - The International Criminal Court issued an arrest warrant on Monday for Libyan leader Muammar Gaddafi, and rebels trying to oust him said their forces had advanced to within 80 km (50 miles) of the capital. Full Story1 Top Trial opens for accused Cleveland serial killer Mon,27 Jun 2011 04:56 PM PDT Reuters - CLEVELAND (Reuters) - Prosecutors named each of the 11 women Anthony Sowell is alleged to have murdered and where their decomposing bodies were found buried in or around his house in opening statements for his trial on Monday. Full Story1 Top Bachmann launches 2012 presidential bid Mon,27 Jun 2011 11:24 AM PDT Reuters - WATERLOO, Iowa (Reuters) - Rising Tea Party star Michele Bachmann leaped into the Republican 2012 presidential nomination race on Monday, saying the country cannot afford four more years of President Barack Obama's handling of the economy. Full Story1 Top Consumer spending breaks 10-month rising streak Mon,27 Jun 2011 02:09 PM PDT Reuters - WASHINGTON (Reuters) - U.S. consumer spending failed to rise in May, breaking 10 straight months of gains, as households struggled with rising prices and automakers could not deliver some popular models due to fallout from Japan's earthquake. Full Story1 Top Ex-Illinois Governor Blagojevich guilty of corruption Mon,27 Jun 2011 04:25 PM PDT Reuters - CHICAGO (Reuters) - A jury convicted disgraced former Illinois Governor Rod Blagojevich on Monday of corruption for trying to trade the U.S. senate seat once held by President Barack Obama for financial and personal gain. Full Story1 Top Los Angeles Dodgers baseball team files bankruptcy Mon,27 Jun 2011 02:26 PM PDT Reuters - NEW YORK/LOS ANGELES (Reuters) - The Los Angeles Dodgers filed for bankruptcy protection on Monday, blaming Major League Baseball for rejecting a television deal that would have given the storied baseball team an urgent injection of cash. Full Story1 Top France's Lagarde poised to become next IMF chief Mon,27 Jun 2011 01:04 PM PDT Reuters - WASHINGTON (Reuters) - French Finance Minister Christine Lagarde on Tuesday will likely be named the next head of the International Monetary Fund despite a strong challenge to Europe's traditional hold on the job. Full Story1 Top Ex-Citigroup VP pleads not guilty in fraud case Mon,27 Jun 2011 03:04 PM PDT Reuters - NEW YORK (Reuters) - A former Citigroup Inc vice president charged with embezzling $19 million from the bank's accounts -- an alleged fraud that went undiscovered for more than a year and a half -- pleaded not guilty in Brooklyn federal court on Monday. Full Story1 Top Obama confident debt deal can be struck Mon,27 Jun 2011 03:42 PM PDT Reuters - WASHINGTON (Reuters) - President Barack Obama is confident Democrats and Republicans can cut a "significant deal" to trim the U.S. deficit and increase its borrowing limit to avoid a damaging default, the White House said on Monday. Full Story1 Top IMF proposes risk-based money laundering assessments Mon,27 Jun 2011 12:48 PM PDT Reuters - WASHINGTON (Reuters) - The International Monetary Fund said on Monday it was weighing a shift in the way it assesses countries' efforts to combat money laundering and terrorist financing to focus on areas of the greatest risks. Full Story1 Top Consumer spending breaks 10-month rising streak Mon,27 Jun 2011 11:06 AM PDT Reuters - WASHINGTON (Reuters) - Consumer spending failed to rise in May, breaking a string of 10 straight months of gains, as households struggled with rising prices and automakers could not deliver the models Americans wanted. Full Story1 Top U.N. says peacekeeping chief Le Roy to leave post Mon,27 Jun 2011 12:48 PM PDT Reuters - UNITED NATIONS (Reuters) - The head of U.N. peacekeeping operations, Alain Le Roy of France, will step down from his post after his term expires in August, the United Nations said on Monday. Full Story1 Top After bin Laden, militants flood net with threats Mon,27 Jun 2011 09:32 AM PDT Reuters - LONDON (Reuters) - Militants mourning Osama bin Laden have stepped up threats against targets in the West, taking their cue from an al Qaeda statement that followers in the United States and Europe are "perfectly placed" to strike. Full Story1 Top GSV takes stake in Facebook, valuing it at $70 billion Mon,27 Jun 2011 07:35 AM PDT Reuters - NEW YORK (Reuters) - Investment fund GSV Capital Corp has taken a small stake in Facebook that values the world's No. 1 social networking site at about $70 billion. Full Story1 Top Japan trips in key effort to cool nuclear reactors Mon,27 Jun 2011 06:05 AM PDT Reuters - TOKYO (Reuters) - The operator of Japan's crippled Fukushima nuclear plant halted on Monday its new, glitch-prone system that is key to cooling down damaged reactors due to a water leakage, a setback in its efforts to avoid dumping highly contaminated water into the ocean. Full Story1 Top Supreme Court to decide TV profanity, nudity case Mon,27 Jun 2011 12:34 PM PDT Reuters - WASHINGTON (Reuters) - The Supreme Court said on Monday it would decide whether broadcasters can be fined for showing nudity or airing a single expletive blurted on a live television show. Full Story1 Top Knox clashes with witness in Italy murder trial Mon,27 Jun 2011 09:48 AM PDT Reuters - PERUGIA, Italy (Reuters) - American student Amanda Knox, appealing against her conviction for murder, clashed in an Italian court on Monday with one of the two men found guilty with her of killing her British flatmate. Full Story1 Top Khmer Rouge commanders go on trial in Cambodia Mon,27 Jun 2011 06:44 AM PDT Reuters - PHNOM PENH (Reuters) - The four most senior surviving members of Cambodia's murderous Khmer Rouge regime went on trial for war crimes on Monday, three decades after their "year zero" revolution marked one of the darkest chapters of the 20th century. Full Story1 Top Fleeing Russian spy told wife to "be calm" Mon,27 Jun 2011 04:31 AM PDT Reuters - MOSCOW (Reuters) - A Russian spymaster was convicted of treason in absentia Monday for betraying 10 U.S.-based agents in one of Moscow's most embarrassing intelligence failures since the Cold War. Full Story1 Top Regulator signs off on threatened nuclear plant Sun,26 Jun 2011 09:06 PM PDT Reuters - BROWNVILLE, Neb (Reuters) - A top regulator said on Sunday that a nuclear power plant threatened by flooding from the swollen Missouri River was operating safely and according to standards. Full Story1 Top Long road home for displaced North Dakota residents Mon,27 Jun 2011 12:35 PM PDT Reuters - MINOT, North Dakota (Reuters) - Dirty debris-laden Souris River floodwaters were slowly receding on Monday from Minot, North Dakota, where thousands of displaced residents may wait weeks before they can survey extensively damaged homes. Full Story1 Top China's Wen signals doubt inflation goal can be met Mon,27 Jun 2011 07:54 AM PDT Reuters - HONG KONG/BEIJING (Reuters) - Chinese Premier Wen Jiabao signaled for the first time that China would struggle to meet its 4 percent inflation target this year, underlining expectations that interest rates will rise further even as economic growth slows down. Full Story1 Top Pakistan's Taliban vow attacks on West Mon,27 Jun 2011 04:21 AM PDT Reuters - ISLAMABAD (Reuters) - Pakistan's Taliban, a close ally of al Qaeda, has threatened to carry out a series of attacks against American, British and French targets to avenge the death of Osama bin Laden. Full Story1 Top France's Lagarde poised to become next IMF chief Sun,26 Jun 2011 09:17 PM PDT Reuters - WASHINGTON, June 27 (Reuters) - French Finance Minister Christine Lagarde appeared poised to become the head of the International Monetary Fund this week despite a strong challenge to Europe's traditional hold on the job. Full Story1 Top New Yorkers celebrate marriage law at Gay Pride Parade Sun,26 Jun 2011 02:45 PM PDT Reuters - NEW YORK (Reuters) - Two days after the state legalized same-sex marriages, New York's annual Gay Pride Parade seemed more like a brash, colorful wedding procession on Sunday than an annual rally. Full Story1 Top Khmer Rouge commanders go on trial in Cambodia Mon,27 Jun 2011 12:11 AM PDT Reuters - PHNOM PENH (Reuters) - The four most senior surviving members of Cambodia's murderous Khmer Rouge regime went on trial for war crimes on Monday, three decades after its "year zero" revolution marked one of the darkest chapters of the 20th century. Full Story1 Top Gaddafi's future not up for debate:Libyan government Sun,26 Jun 2011 04:31 PM PDT Reuters - TRIPOLI (Reuters) - Muammar Gaddafi is the historical choice of the Libyan people and cannot be moved aside, his government said on Sunday, stepping back from earlier statements offering an election on his future role. Full Story1 Top Republicans firm on taxes ahead of Obama meeting Sun,26 Jun 2011 10:33 AM PDT Reuters - WASHINGTON (Reuters) - The Senate's top two Republicans on Sunday stood firm against including tax increases in any deal to raise the debt limit and shrink budget deficits one day before a meeting with President Barack Obama, but said the showdown need not go down to the "11th hour." Full Story1 Top

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