Browse Events

Amag investigates anemia drug after report of death in Switzerland
(Reuters) - Amag Pharmaceuticals Inc said its marketing partner in Switzerland, Takeda Pharmaceutical Co Ltd, is recalling a batch of Amag's anemia drug, Rienso, because of a death and several cases of hypersensitivity.

Anarchist jailed for not testifying over 2008 New York blast
NEW YORK (Reuters) - A self-described anarchist from Brooklyn who refused to testify before a federal grand jury thought to be investigating a 2008 bomb explosion in New York's Times Square was sent to jail on Tuesday after being found in civil contempt.

Ex-strategist can sue UBS as whistleblower: U.S. judge
NEW YORK (Reuters) - UBS AG lost a bid Tuesday to dismiss a whistle-blower lawsuit by a former commercial mortgage-backed securities strategist who said he was fired for refusing to publish misleading research reports.

Sony shares hit two-year high on report of spin-off proposal
TOKYO (Reuters) - Shares of Sony Corp rose 6.3 percent to 2,300 yen, a two-year high, on Wednesday after the Nikkei newspaper reported Sony is considering evaluating a proposal from top shareholder Third Point LLC to spin off its movie and music business.

Senate panel approves sweeping immigration bill
WASHINGTON (Reuters) - The Senate Judiciary Committee on Tuesday approved legislation that would bring about the biggest changes in U.S. immigration policy in a generation, setting up a spirited debate in the full Senate next month.

Dimon clings to JPMorgan chairman title, after fight
TAMPA, Florida (Reuters) - Jamie Dimon, chairman and chief executive of JPMorgan Chase & Co took an unusual step to fight off investors seeking more oversight of his activities - he hinted he might quit.

Arkansas state treasurer resigns in face of federal charges
LITTLE ROCK, Arkansas (Reuters) - Arkansas' state treasurer resigned on Tuesday, a day after federal authorities charged her with extortion stemming from accusations that she gave a broker state bond business in exchange for repeated cash payments.

Lawmakers move to address U.S. military sex assault problem
WASHINGTON (Reuters) - Lawmakers frustrated by a spate of high-profile military sexual assault cases unveiled draft proposals in the House of Representatives on Tuesday to crack down on the crime, but they stopped short the kind of overhaul sought by some officials.

Charlotte franchise wants to bring back Hornets nickname
(Reuters) - The Charlotte Bobcats want to take a step back in time and restore an old nickname to the city.

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.