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New J&J anti-depressant related to "Special K" party drug
NEW BRUNSWICK, New Jersey (Reuters) - Johnson & Johnson said it plans to seek approvals for 11 new drugs by 2017, including a new type of treatment for patients with depression that have failed to benefit from standard medications.

McIlroy slumps to 74 after late Wentworth collapse
VIRGINIA WATER, England (Reuters) - World number two Rory McIlroy was blown off course by unseasonally cold weather at Wentworth on Thursday, bogeying five of the last six holes to sink to a two-over 74 in the PGA Championship first round.

Raikkonen would rather be left alone
MONACO (Reuters) - Kimi Raikkonen would much rather be left alone but he is happy to admit that sometimes he does not know what he is doing.

Krzyzewski to stay as U.S. basketball coach
(Reuters) - Mike Krzyzewski said on Thursday he is returning for another term as U.S. men's national basketball coach with the aim of leading the team to a third successive Olympic title at the 2016 Games in Rio.

Obama may limit drone use, discuss Guantanamo in major speech
WASHINGTON (Reuters) - President Barack Obama will vow on Thursday to be more open to the public about the U.S. fight against terrorism and may lay out limits for the use of lethal drones abroad while sketching a vision for closing the military prison in Guantanamo Bay, Cuba.

Prominent Chechen advocate shot dead in Turkish capital
ANKARA (Reuters) - A prominent figure in the Chechen diaspora in Turkey was shot at his Ankara office late on Wednesday, a North Caucasus refugee association said, the latest in a series of killings of Chechens and their sympathizers in the country in recent years.

Congo has chance for peace, U.N. ready to enforce: Ban Ki-moon
GOMA, Democratic Republic of Congo (Reuters) - Troubled eastern Congo has the best chance in years to secure a lasting peace but the United Nations stands ready to pacify the region by force if need be, U.N. Secretary General Ban Ki-moon said on Thursday.

E-commerce software maker ChannelAdvisor shares soar in debut
(Reuters) - Shares of cloud-based e-commerce software provider ChannelAdvisor Corp soared as much as 39 percent in their debut, as enterprise software makers continue to draw investor attention with their strong revenue models.

New car sales seen up about 8 percent in May: research firms
DETROIT (Reuters) - Auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.

Graphic sex in applauded lesbian love story gets Cannes buzzing
CANNES (Reuters) - An intimate love story between two young women received rave reviews from critics at the Cannes film festival despite explicit lesbian sex scenes that could limit the film's distribution.

Republican Issa to call IRS's Lerner back in Tea Party probe
WASHINGTON (Reuters) - Republican Representative Darrell Issa said on Thursday he will call Internal Revenue Service official Lois Lerner back to testify before his committee on the IRS-Tea Party scandal after she asserted her constitutional right not to answer questions.

Tesco will not pay executive bonuses without rise in profits
LONDON (Reuters) - Tesco executives will not receive a bonus in the current financial year unless they can reverse a decline in profits at Britain's biggest supermarket operator, the company said in its annual report on Thursday.

Ally to pay $2.1 billion to settle ResCap litigation
(Reuters) - Ally Financial Inc agreed to pay $2.1 billion to Residential Capital LLC to settle claims that it stripped the bankrupt mortgage subsidiary of choice assets.

GameStop results beat as mobile sales rise
(Reuters) - Video games retailer GameStop Corp's quarterly profit beat estimates for the fourth consecutive quarter, suggesting that its strategy of expanding its digital and mobile offerings is paying off in a tough video-gaming environment.

Sweden riots expose ugly side of 'Nordic model'
STOCKHOLM (Reuters) - The scene of Sweden's worst riots in years, Husby is on the surface at least a typically neat suburb of colorful playgrounds, manicured parks and low rise apartment buildings.

Wall St. drops on stimulus plan unease, China data
NEW YORK (Reuters) - Stocks dropped on Thursday, with the S&P 500 on pace for its first back-to-back daily drop in a month amid investor concerns the U.S. Federal Reserve's stimulus may be scaled back sooner than hoped and after weak data in China.

U.S., Chinese factories struggle, Fed hints at less stimulus
LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest clip since October, suggesting it may take a while before the global economy starts to pick up steam.

London attackers known to British security services
LONDON (Reuters) - Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services, a source close to the investigation said Thursday.

U.N. investigator seeks world moratorium on 'killer robots'
GENEVA (Reuters) - A United Nations human rights investigator called on Thursday for all states to declare a moratorium to prevent so-called "killer robots" being deployed on the battlefield.

Rosberg puts Mercedes on top in Monaco
MONACO (Reuters) - Nico Rosberg gave Mercedes a dream start to their Monaco Grand Prix weekend with the fastest time in both practice sessions for the glamour race on Thursday.