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Too soon to dial back Fed stimulus: Dudley



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(Reuters) - It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank official said.Created 11 minutes ago
BNY Mellon to add up to 100 positions at wealth management unit

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(Reuters) - BNY Mellon Corp , the world's largest custody bank, said it would add up to 100 positions at its wealth management unit, expanding the sales force at the unit by 50 percent in the next two years.Created 12 minutes ago
Syria opposition calls for reinforcements in embattled Qusair

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BEIRUT (Reuters) - Syria's leading opposition group called on Wednesday for rebels across the country to send reinforcements to the strategic border town Qusair, where heavy fighting has drawn in fighters from Lebanon's powerful Hezbollah movement.Created 14 minutes ago
Rescuers comb Oklahoma tornado rubble for buried survivors



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MOORE, Oklahoma (Reuters) - Rescue workers with sniffer dogs and searchlights combed through the wreckage of a massive tornado to ensure no survivors remained buried in the rubble of primary schools, homes and buildings in an Oklahoma City suburb.Created 15 minutes ago
Iran, Hezbollah increasing support for Assad: Britain

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AMMAN (Reuters) - British Foreign Secretary William Hague said on Wednesday Iran and its militant Shi'ite Lebanese ally Hezbollah were "propping up" Syrian President Bashar al-Assad and giving him increasing support.Created 23 minutes ago
Chicago school board to vote on mass school closing

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CHICAGO (Reuters) - The Chicago Board of Education is due to vote on Wednesday on a controversial proposal to close 54 schools in the country's third-largest public school district in what would be the largest mass school closing in the nation.Created 25 minutes ago
Jodi Arias jury due to resume death penalty deliberations in Arizona

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PHOENIX (Reuters) - A jury weighing the fate of murderer Jodi Arias is set to resume deliberations on Wednesday on whether she should be sentenced to death or spend her life in prison for the brutal slaying of her ex-boyfriend.Created 26 minutes ago
Los Angeles voters OK move to curtail medical marijuana outlets

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LOS ANGELES (Reuters) - Voters strongly supported a ballot measure to sharply curtail the number of medical marijuana dispensaries permitted to operate in Los Angeles while boosting taxes on the sale of pot for health reasons, election returns early on Wednesday showed.Created 28 minutes ago
Staples quarterly profit misses analysts' estimates

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(Reuters) - Staples Inc reported a slightly lower-than-expected quarterly profit on Wednesday, hurt by a stronger dollar and weak sales in Europe and Australia.Created 28 minutes ago
Artillery lands in east Congo city, humanitarian camp



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GOMA, Democratic Republic of Congo (Reuters) - Artillery rounds landed in a heavily populated neighborhood of Congo's eastern city of Goma on Wednesday, killing a child and injuring other civilians a day before a planned visit by U.N. Secretary-General Ban Ki-moon, a human rights group said.Created 39 minutes ago
Toll Brothers profit rises 46 percent

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(Reuters) - Toll Brothers Inc posted a 46 percent rise in quarterly profit as the largest U.S. luxury homebuilder sold more homes at higher prices, indicating that the housing recovery is spreading across the industry.Created 43 minutes ago
EU leaders shine spotlight on Amazon, Google over tax policy

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BRUSSELS (Reuters) - European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance.Created 47 minutes ago
'Great Gatsby' director, cast come home with Sydney premiere

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SYDNEY (Reuters) - Director Baz Luhrmann brought "The Great Gatsby" home on Wednesday for its Australian premiere, with box-office success for the Sydney-produced film bolstering hopes for the resurgence of the local film industry.Created 49 minutes ago
UK regulator says satisfied with Lloyds, RBS capital plans



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LONDON (Reuters) - Britain's financial regulator said it had finalized capital requirements for Royal Bank of Scotland and Lloyds Banking Group and was comfortable with their plans.Created 57 minutes ago
Iran, Hezbollah increasing support for Assad: Britain's Hague

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AMMAN (Reuters) - Iran and its militant Shi'ite Lebanese ally Hezbollah are "propping up" President Bashar al-Assad and giving him increasing support, British Foreign Secretary William Hague said on Wednesday.Created 59 minutes ago
Afghanistan's Karzai gives India military equipment 'wish list'



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NEW DELHI (Reuters) - Afghan President Hamid Karzai said on Wednesday he had given a "wish list" of military equipment to India during a visit this week, presenting a conundrum for New Delhi as it weighs whether arming the Afghan army is in its interests.Created about an hour ago
Nerves of steel and hairspray are musts for Cannes red carpet

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CANNES (Reuters) - Walking the red carpet of the world's most famous film showcase is a test of nerves for celebrities, not helped by wind, rain and the chaos of hundreds of photographers shouting their names.Created about an hour ago
Disgraced ex-congressman Weiner announces candidacy for NYC mayor

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NEW YORK (Reuters) - Two years after resigning from Congress in a lewd photo scandal, former U.S. Representative Anthony Weiner announced in a video message early on Wednesday he is running for New York City mayor.Created about an hour ago
CAS reject Murofushi appeal against IOC election block

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BERLIN (Reuters) - The Court of Arbitration for Sport have rejected Japanese hammer thrower Koji Murofushi's appeal against the blocking of his election to the International Olympic Committee's Athletes Commission, CAS said on Wednesday.Created about an hour ago
Mercedes dealer review opens home front in luxury war

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FRANKFURT (Reuters) - How many Mercedes staff does it take to sell a car? The answer, in the luxury carmaker's German showrooms, is more than it takes to shift an Audi - just part of the cost gap Daimler wants to close with its premium rivals.Created about an hour ago
