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Yen edges up on Amari comments, Asian shares rise
Yen edges up on Amari comments, Asian shares rise
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SINGAPORE (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data.

Created 32 minutes ago


Elan eyes more deals this year with $1 billion warchest
Elan eyes more deals this year with $1 billion warchest
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DUBLIN (Reuters) - Elan will still have $1.2 billion of cash left to spend if shareholders approve its first package of acquisitions, and plans to announce more deals in the second half of the year, chief executive Kelly Martin said on Monday.
Created 33 minutes ago


Putting group fitness classes in the proper light
Putting group fitness classes in the proper light
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NEW YORK (Reuters) - Fitness experts are shining a new light on group classes from Zumba to yoga because they believe the right lighting can transform the four walls of a fitness studio from a dance party to a meditation space, and back again.
Created 34 minutes ago


Elan strikes more deals, agrees second share buyback
Elan strikes more deals, agrees second share buyback
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DUBLIN (Reuters) - Irish drug firm Elan agreed on Monday to buy two private drug firms, spin-off its one experimental drug and buy back more shares to give a firmer idea of how the company will be reconfigured as shareholders weigh up a takeover bid.
Created 35 minutes ago


Japan upgrades economic outlook as Abe's policies take hold
Japan upgrades economic outlook as Abe's policies take hold
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TOKYO (Reuters) - The Japanese government upgraded its assessment of the economy on Monday, as emerging signs of an upturn in exports and factory output added to growing evidence that Prime Minister Shinzo Abe's aggressive polices are beginning to reignite growth.
Created 36 minutes ago


Gunmen storm Egyptian security post in lawless Sinai Peninsula
Gunmen storm Egyptian security post in lawless Sinai Peninsula
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ISMAILIA (Reuters) - Gunmen stormed an Egyptian security forces base in the Sinai Peninsula at dawn on Monday and exchanged gunfire with forces inside the base before retreating, security sources said.

Created 45 minutes ago


NY regulator questions investment firms' ties to insurers: WSJ
NY regulator questions investment firms' ties to insurers: WSJ
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(Reuters) - New York's top financial regulator has sent subpoenas to several firms seeking information on investments that guarantee steady payments to hundreds of thousands of retirees and other consumers, the Wall Street Journal said on Monday, citing people familiar with the inquiry.
Created 49 minutes ago


Chesapeake Energy hires Anadarko executive as CEO: WSJ
Chesapeake Energy hires Anadarko executive as CEO: WSJ
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(Reuters) - Chesapeake Energy Corp has hired Robert Douglas Lawler of rival Anadarko Petroleum Corp as chief executive, filling the post vacated by co-founder Aubrey McClendon, the Wall Street Journal reported, citing people familiar with the matter.
Created about an hour ago


Analysis: Shrinking deficit reduces pressure for budget deal
Analysis: Shrinking deficit reduces pressure for budget deal
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WASHINGTON (Reuters) - The chances of a deal between Democratic and Republican lawmakers that would overhaul the tax system, trim government spending and reform safety net spending programs appear to be fading.
Created 1 hour ago


Insight: The road to a greener America is littered with road-kill
Insight: The road to a greener America is littered with road-kill
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LOS ANGELES (Reuters) - In October 2004, then California Governor Arnold Schwarzenegger rolled up to a pioneering fueling station at Los Angeles International Airport in a hydrogen-powered metallic blue Hummer loaned to him by General Motors Corp.
Created 1 hour ago


Infosys to challenge latest tax demand of $105.3 million
Infosys to challenge latest tax demand of $105.3 million
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BANGALORE (Reuters) - Infosys Ltd, India's No. 2 software services exporter, said on Monday it would challenge a 5.77 billion rupees ($105.3 million) income tax demand raised by Indian authorities earlier this month.
Created 1 hour ago


SAC Capital's Cohen gets subpoena to testify: NY Times
SAC Capital's Cohen gets subpoena to testify: NY Times
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(Reuters) - Steven A. Cohen has received a subpoena to testify before a grand jury in a U.S. government insider trading investigation into his hedge fund SAC Capital Advisors, the New York Times reported, citing lawyers and executives briefed on the case.
Created 2 hours ago


Senators avoid 3-0 deficit with double OT win over Pens
Senators avoid 3-0 deficit with double OT win over Pens
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(Reuters) - The Ottawa Senators clawed their way back into their Eastern Conference semi-final series against Pittsburgh on Sunday, Colin Greening's goal in double overtime giving them a 2-1 win over the Penguins in Game Three.
Created 2 hours ago


Childhood ADHD tied to obesity decades later
Childhood ADHD tied to obesity decades later
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NEW YORK (Reuters Health) - Boys who are diagnosed with attention-deficit/hyperactivity disorder (ADHD) in elementary school are more likely to grow up to be obese adults than those who don't have the condition, a new study suggests.
Created 2 hours ago


Imran Khan's party wins revote in Karachi, protests expected
Imran Khan's party wins revote in Karachi, protests expected
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ISLAMABAD (Reuters) - Cricket hero Imran Khan's Pakistan Tehrik-i-Insaf party won a revote in an upmarket constituency of Karachi on Sunday, unofficial results showed, a day after gunmen killed a party leader, setting the stage for protests and counter-protests.

Created 2 hours ago


Justin Bieber, Taylor Swift big winners at Billboard Awards
Justin Bieber, Taylor Swift big winners at Billboard Awards
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(Reuters) - Pop stars Justin Bieber and Taylor Swift won the big prizes on Sunday at the Billboard Music Awards, which also honored legendary performers Madonna and Prince.
Created 2 hours ago


Yen edges up from lows, Asian shares rise
Yen edges up from lows, Asian shares rise
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SINGAPORE (Reuters) - The yen edged higher on Monday after Japan's economics minister said further weakness in the yen could harm households, while Asian shares rose in response to U.S. equities rallying on upbeat economic data.

Created 2 hours ago


Newer whooping cough vaccine not as protective
Newer whooping cough vaccine not as protective
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NEW YORK (Reuters Health) - A newer version of the whooping cough vaccine doesn't protect kids as well as the original, which was phased out in the 1990s because of safety concerns, according to a new study.

Created 2 hours ago


Analysis: At margins of shale oil boom, a tempered euphoria
Analysis: At margins of shale oil boom, a tempered euphoria
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HOUSTON/NEW YORK (Reuters) - For the past three years, the boom in the U.S. shale oil industry has outstripped all expectations. Production surged far faster than any forecasts; drillers raced to secure space in new pipelines to get their crude to market.
Created 2 hours ago


Insight: The fight for North Dakota's fracking-water market
Insight: The fight for North Dakota's fracking-water market
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WATFORD CITY, North Dakota (Reuters) - In towns across North Dakota, the wellhead of the North American energy boom, the locals have taken to quoting the adage: "Whiskey is for drinking, and water is for fighting."
Created 2 hours ago