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Turkey prosecutor seeks life sentences for generals over coup: TV

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ANKARA (Reuters) - More than 100 senior Turkish army officers face prosecution demands they spend the rest of their lives in jail for their alleged role in toppling Turkey's first Islamist-led government 16 years ago, a Turkish TV channel reported on Wednesday.Created 6 minutes ago
Man charged over 1982 IRA parade bombing in London park

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LONDON (Reuters) - An Irishman was charged on Wednesday over a bombing that killed four soldiers on horseback in the heart of London in 1982, one of the most high-profile attacks by IRA guerrillas in their campaign to end British rule in Northern Ireland.Created 7 minutes ago
Boeing defense chief sees rising R&D, margins

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WASHINGTON (Reuters) - Boeing Co's defense division expects to continue growing its research and development spending and operating margins in coming years, regardless of what happens with top line revenues, the head of Boeing Defense Space and Security said on Wednesday.Created 11 minutes ago
Pearson agrees $75 million settlement in U.S. e-books case

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LONDON (Reuters) - Pearson's Penguin said on Wednesday it would pay $75 million in damages plus costs and fees as part of an agreement with the United States over alleged price-fixing in the e-book market.Created 14 minutes ago
Costa Concordia shipwreck captain to face manslaughter trial

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ROME (Reuters) - The captain of the cruise ship Costa Concordia, which capsized off Italy's west coast last year killing 32 people, will face trial for manslaughter as well as other charges, an Italian judge ruled on Wednesday.Created 20 minutes ago
U.S. vacationers to hit road, grounded by high fares: AAA

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May 22 (NEW YORK) - More Americans will take to the road over the Memorial Day holiday weekend this year than in 2012, but overall travel is expected to decline slightly, as high airfares ground would-be flyers, travel group AAA said on Wednesday.Created 22 minutes ago
FBI says man shot dead while being questioned about Boston bombings

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ORLANDO, Fla./WASHINGTON. (Reuters) - An FBI agent shot and killed a Florida man who turned violent while being questioned about the Boston Marathon bombings early on Wednesday, the bureau said.Created 23 minutes ago
Wall St.extends gains after Bernanke comments



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NEW YORK (Reuters) - Stocks extended gains on Wednesday immediately following prepared testimony from Federal Reserve Chairman Ben Bernanke before a congressional panel.Created 25 minutes ago
Suntech's local creditors claim $2.5 billion as restructuring starts

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WUXI, China/HONG KONG (Reuters) - Local creditors of Wuxi Suntech, the bankrupt unit of Chinese solar panel maker Suntech Power Holdings Co Ltd, on Wednesday claimed the subsidiary owed them a combined $2.5 billion, at the start of a debt restructuring process expected to last months.Created 26 minutes ago
I thought of pulling out after 'stupid' Woods remark - Garcia

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VIRGINIA WATER, England (Reuters) - Sergio Garcia was so upset by the furor caused by his "fried chicken" jibe at Tiger Woods that he contemplated pulling out of this week's PGA Championship at Wentworth, the Spaniard said on Wednesday.Created 27 minutes ago
Banker Carrion bids for IOC presidency



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BERLIN (Reuters) - Puerto Rican banker Richard Carrion launched his bid for the presidency of the International Olympic Committee (IOC) on Wednesday, with his long financial experience a powerful pitch in his quest for the world's top sports job.Created 27 minutes ago
Bernanke touts benefits of Fed easing, no hint of pullback

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WASHINGTON (Reuters) - The Federal Reserve's monetary stimulus is helping the U.S. economy recover, and the central bank needs to see further signs of traction before taking its foot off the gas, central bank chairman Ben Bernanke said on Wednesday.Created 41 minutes ago
Witness undermines case against Russian protest leader



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KIROV, Russia (Reuters) - A Russian official undermined state prosecutors' case against protest leader Alexei Navalny at his trial on theft charges on Wednesday, saying that he had done no harm.Created 42 minutes ago
Existing home sales highest in almost three-and-a-half years

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WASHINGTON (Reuters) - Home resales rose in April to the highest level in nearly 3-1/2 years as surging prices lured sellers back into market, which should support the housing sector and the overall economic recovery.Created 43 minutes ago
Oncolytics cancer drug meets mid-stage trial goal, shares rise

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(Reuters) - Oncolytics Biotech Inc said preliminary data from a mid-stage trial showed that its cancer drug, Reolysin, met the main goal of reducing the size of tumors in patients with metastatic melanoma, a type of skin cancer.Created 55 minutes ago
Swiss billionaires buy Merck Serono HQ for biotech campus

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ZURICH (Reuters) - Swiss billionaire Ernesto Bertarelli has bought back the Geneva headquarters of his former biotech firm Serono, hoping to establish a biotech research campus.Created 56 minutes ago
Wall St. opens higher ahead of Bernanke



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NEW YORK (Reuters) - Stocks edged higher at the open on Wednesday, ahead of highly anticipated testimony in Congress by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy.Created 56 minutes ago
Del Potro pulls out of French Open

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PARIS (Reuters) - World number seven Juan Martin Del Potro of Argentina has pulled out of next week's French Open tennis after failing to recover from a virus, organizers said on Wednesday.Created 59 minutes ago
State-backed UK banks gain approval for capital plans

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LONDON (Reuters) - State-backed British lenders Lloyds Banking Group and Royal Bank of Scotland have agreed plans to shore up their capital with the financial regulator, removing a barrier to the government offloading its shares.Created about an hour ago
Germany backs call to put Hezbollah armed wing on EU terror list

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BRUSSELS (Reuters) - Germany will throw its weight behind a British drive to put the armed wing of Hezbollah on the European Union's list of terrorist organizations, German diplomats said on Wednesday.Created about an hour ago
