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AstraZeneca, Bristol diabetes drug disappoints in key test



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LONDON (Reuters) - AstraZeneca and Bristol-Myers Squibb's diabetes drug Onglyza failed to reduce heart risks in a large clinical study, disappointing investors who had thought it might demonstrate an edge over rivals.Created 10 minutes ago
Several people killed in northern Yemen bombing: ministry

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SANAA (Reuters) - Several people were killed and wounded in Yemen's northern Saada town on Wednesday when a suicide bomber riding a motorbike blew himself up in a busy market, a defence ministry statement said.Created 21 minutes ago
A's dismantle Darvish to stretch AL West lead



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(Reuters) - The Oakland Athletics overcame Texas Rangers ace Yu Darvish to record a 6-2 road victory on Tuesday to stretch their lead at the top of the American League West division.Created 25 minutes ago
Smithfield CEO could make about $46.6 million from Shuanghui deal

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(Reuters) - Smithfield Foods Inc Chief Executive Larry Pope could receive nearly $46.6 million in merger-related payments as part of a planned takeover by China's Shuanghui International, a securities filing showed.Created 38 minutes ago
Obama to set nuclear arms cut goal in Berlin speech



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BERLIN (Reuters) - President Barack Obama will unveil plans for a sharp reduction in nuclear warheads in a landmark speech at the Brandenburg Gate on Wednesday that comes 50 years after John F. Kennedy declared "Ich bin ein Berliner" in a defiant Cold War address.Created 40 minutes ago
AstraZeneca, Bristol diabetes drug fails to show heart benefit



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LONDON (Reuters) - AstraZeneca and Bristol-Myers Squibb's diabetes drug Onglyza failed to reduce heart risks in a large clinical study.Created 54 minutes ago
Allen magic keeps Heat title hopes alive

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MIAMI (Reuters) - Ray Allen has made more three pointers than any player in the NBA but with five seconds left and his team three points down on Tuesday, he had not made a single one in the crucial Game Six of the NBA Finals.Created 57 minutes ago
Asian markets tense before Fed; Nikkei outperforms



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SYDNEY (Reuters) - Japanese stocks rose on Wednesday, thanks to a positive lead from Wall Street and a softer yen, outperforming the rest of Asia which anxiously waited for clarity on the U.S. Federal Reserve's next policy step.Created about an hour ago
Spurs left to rue missed opportunities against Miami

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MIAMI (Reuters) - The San Antonio Spurs were inconsolable after the NBA championship was ripped from their grasp in Tuesday's stunning overtime loss to the Miami Heat.Created about an hour ago
Heat rally from brink to set up Game Seven decider



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MIAMI (Reuters) - The Miami Heat forced an already absorbing NBA Finals to a deciding Game Seven after a thrilling 103-100 overtime victory over the San Antonio Spurs on Tuesday tied the series at 3-3.Created about an hour ago
New CEO begins Alcatel makeover

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PARIS (Reuters) - Telecom equipment maker Alcatel-Lucent will focus on its high-growth fixed and mobile products and slim down via 1 billion euro in cost cuts by 2015 in a bid to reverse years of losses.Created about an hour ago
North Korean envoy in Beijing seeking to mend ties: experts

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BEIJING (Reuters) - A North Korean envoy held talks with Chinese officials on Wednesday that experts said were unlikely to yield concessions from Pyongyang on its nuclear program but were more aimed at repairing ties with Beijing.Created about an hour ago
Obama to set new goals to cut nuclear weapons: senior official



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BERLIN (Reuters) - President Barack Obama will announce on Tuesday he will pursue a new reduction in deployed nuclear weapons, aiming to cut them by up to one third below the level achieved in the last "New START" treaty with Russia, a senior administration official said.Created 1 hour ago
Analysis: French EU-wariness complicates life for Hollande

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PARIS (Reuters) - A feeling in France that the European Union no longer works in its interest is fueling tensions between Paris and Brussels and adding pressure on President Francois Hollande to be more assertive in Europe.Created 1 hour ago
After court rules, California gay marriage fight may go on

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SAN FRANCISCO (Reuters) - The fight over legalizing gay marriage in the most populous U.S. state may go back to the ballot box in 2014 with California voters asked once again to settle the matter even after the Supreme Court's expected ruling this month on the issue.Created 2 hours ago
Jury selection in Trayvon Martin murder case moves into final phase



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SANFORD, Florida (Reuters) - The Florida murder trial to decide the fate of neighborhood watch volunteer George Zimmerman looks to be on track for lawyers to deliver opening statements and witnesses to begin testifying by next Monday.Created 2 hours ago
Fed seen keeping options open on pace of bond buying



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WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve.Created 2 hours ago
Fed seen keeping options open on pace of bond buying

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WASHINGTON (Reuters) - Federal Reserve policymakers will likely announce on Wednesday that they will keep buying bonds at a monthly pace of $85 billion, while keeping their options open to scale back the program later this year if the U.S. labor market continues to improve.Created 2 hours ago
Rohani once spoke approvingly of hiding Iran atomic work



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UNITED NATIONS (Reuters) - Years before he became Iran's president-elect, Hassan Rohani spoke approvingly about concealing his nation's nuclear program and said that when Pakistan got atomic bombs and Brazil began enriching uranium, "the world started to work with them."Created 2 hours ago
U.S. builders complain they can't find skilled carpenters

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WASHINGTON (Reuters) - Where have all the carpenters gone? Home builders across the United States are scratching their heads for an answer as they struggle to assemble crews to keep up with growing demand.Created 2 hours ago
