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Prosecutors consider using racketeering law against SAC: source
NEW YORK (Reuters) - Prosecutors are considering charging Steven A. Cohen's SAC Capital Advisors as a criminal enterprise engaged in a long pattern of insider trading in stocks, according to a person familiar with the matter.

Senator pulls same-sex proposal for immigration bill
WASHINGTON (Reuters) - An influential Democratic senator on Tuesday withdrew a proposal to allow U.S. citizens to petition for their same-sex spouses to immigrate to the United States, in an effort to maintain support for a broad immigration bill.

Scandal or not, one SAC investor can't get enough of Steve Cohen
BOSTON/NEW YORK (Reuters) - As federal prosecutors circle Steven A. Cohen's $15 billion hedge fund in a long-running insider trading probe, one financial adviser in Texas is so devoted to the billionaire investor that he may give him more money.

Mexican tycoon Slim seeks funding details of U.S. protest group
MEXICO CITY (Reuters) - A U.S. cellphone company owned by Carlos Slim has asked Californian authorities to investigate the funding behind protests against the Mexican tycoon by lobby group Two Countries, One Voice.

UK opposition party leader says Google tax behavior 'wrong'
LONDON (Reuters) - Google Inc's tax affairs will come under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labor party accuses the Internet company of wrongly going to "extraordinary lengths" to avoid paying tax.

UK coalition to last despite rifts, infighting: Deputy PM
LONDON (Reuters) - Britain's deputy prime minister will take the unusual step of holding a news conference on Wednesday to say the country's two-party coalition will hold together until 2015 as he tries to stabilize a government beset by infighting and rifts.

Chemical-safety watchdog criticizes probe of Texas blast
(Reuters) - Officials with the U.S. Chemical Safety Board say they may never know what caused last month's deadly fertilizer-plant explosion in Texas because of interference by federal and Texas agencies, according to a letter sent by the head of the regulatory board to U.S. Senator Barbara Boxer.

Iran bars candidates for presidential election
DUBAI (Reuters) - Iranian authorities barred two potentially powerful and disruptive candidates from running in next month's presidential election on Tuesday, ensuring a contest largely among hardliners loyal to the clerical supreme leader.

New York City seeing spike in anti-gay crime, officials say
NEW YORK (Reuters) - New York City is seeing a spike in anti-gay attacks, with two assaults coming within days of the fatal shooting of a gay man over the weekend, the city's police commissioner said on Tuesday.

Tax official at center of scandal won't testify: lawyer
WASHINGTON (Reuters) - Lois Lerner, the Internal Revenue Service official at the center of a scandal about the targeting of conservative groups for extra tax scrutiny, plans to assert her constitutional right not to answer questions from a congressional committee on Wednesday.

CBS takes key ratings crown for first time in 21 years
(Reuters) - Broadcast network CBS said on Tuesday it won this season's ratings race among the 18-to-49 age group most prized by advertisers, claiming its first victory in that audience in 21 years.

IRS official will refuse to answer questions at U.S. House hearing
WASHINGTON (Reuters) - Lois Lerner, an Internal Revenue Service official who revealed that the agency was giving extra scrutiny to conservative groups, will assert her constitutional right not to answer questions from a congressional committee on Wednesday, her lawyer said in a letter obtained by Reuters.

Spain's former PM Aznar suggests may challenge Rajoy
MADRID (Reuters) - Spain's former Prime Minister Jose Maria Aznar suggested on Tuesday he may seek to make a political comeback by mounting a challenge to his party mate and political heir Prime Minister Mariano Rajoy.

As U.S. struggles with Syria policy, Senate panel backs arming rebels
WASHINGTON (Reuters) - A Senate panel voted overwhelmingly on Tuesday to send weapons to rebels fighting Syria's government, but it was not clear who would get the arms even if the bill succeeds, as Washington struggles to deal with its response to the conflict.

Oklahoma tornado brings back fear in recovering Joplin, Missouri
KANSAS CITY, Missouri (Reuters) - Less than three hours after a deadly twister on Monday flattened a swath of Moore, Oklahoma, tornado warning sirens sounded in Joplin, Missouri, 215 miles to the northeast.

Clippers cut ties with head coach Del Negro
(Reuters) - The Los Angeles Clippers have decided to part ways with head coach Vinny Del Negro, announcing on Tuesday they will not offer him a new contract to lead the National Basketball Association team.

Exclusive: Bob Lutz, Chinese in bid to buy Fisker Automotive - sources
DETROIT (Reuters) - A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.

Murray pulls out of French Open through injury
LONDON (Reuters) - Britain's world number two Andy Murray has pulled out of the French Open due to a back injury, the BBC reported on Tuesday.

Analysis: New MLS club faces challenge to make mark in New York
MIAMI (Reuters) - For a brief but dazzling spell in the 1970s, New Yorkers fell in love with soccer as Pele and the Cosmos showcased the world's most popular game in a city long dominated by baseball and American football.

Los Angeles voters to choose from two Democrats for mayor
LOS ANGELES (Reuters) - Voters in Los Angeles went to the polls on Tuesday to choose a new mayor from two Democratic contenders and former city council allies as the long race, characterized by negative campaign ads, came to an end.