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Dish abandons Sprint bid for now to focus on Clearwire
Dish abandons Sprint bid for now to focus on Clearwire
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NEW YORK (Reuters) - Dish Network Corp said it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel in time for a Tuesday deadline and will instead focus on its tender offer for Clearwire Corp.

Created 2 minutes ago


Tinkler gives up half of Whitehaven stake to lender
Tinkler gives up half of Whitehaven stake to lender
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MELBOURNE (Reuters) - Struggling Australian tycoon Nathan Tinkler has given up nearly half of his stake in Whitehaven Coal Ltd for about $285 million to pay down debt to a U.S. hedge fund, easing concern about a forced selldown that had weighed on the miner's value.
Created 3 minutes ago


Republican-led House passes bill restricting abortion
Republican-led House passes bill restricting abortion
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WASHINGTON (Reuters) - The Republican-controlled U.S. House of Representatives on Tuesday passed legislation that would ban late-term abortions, a move that could alienate women from the conservative party.

Created 5 minutes ago


Blackhawks look to rediscover offense for critical Game Four
Blackhawks look to rediscover offense for critical Game Four
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BOSTON (Reuters) - Jonathan Toews's scoring touch has disappeared, Marian Hossa is out with injury and the Chicago Blackhawks powerplay has short-circuited.
Created 5 minutes ago


U.S. lawmakers urge careful review of American-US Airways deal
U.S. lawmakers urge careful review of American-US Airways deal
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WASHINGTON (Reuters) - Two U.S. lawmakers with antitrust oversight have urged the Obama administration to carefully review a planned merger of American Airlines and US Airways Group to ensure that it will not lead to higher prices for air travelers.
Created 18 minutes ago


Vodafone raises Kabel Deutschland offer after rival bid: report
Vodafone raises Kabel Deutschland offer after rival bid: report
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(Reuters) - Britain's Vodafone Group Plc has raised its preliminary offer to buy Germany's largest cable operator, Kabel Deutschland Holding AG, a day after U.S. media group Liberty Global Plc made a rival bid, Bloomberg reported on Tuesday, citing people familiar with the bid.
Created 24 minutes ago


UK's Osborne to unveil future of state-controlled banks
UK's Osborne to unveil future of state-controlled banks
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LONDON (Reuters) - The fate of Britain's two state-controlled banks will become clearer on Wednesday, when finance minister George Osborne is likely to start the clock ticking for the sale of the government's stakes.
Created 33 minutes ago


Missouri senator joins effort urging Hillary Clinton to seek presidency
Missouri senator joins effort urging Hillary Clinton to seek presidency
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WASHINGTON (Reuters) - Former U.S. Secretary of State Hillary Clinton has not committed to a run for president in 2016 but on Tuesday she picked up an endorsement from Missouri Senator Claire McCaskill, who announced she is supporting a group encouraging Clinton to run for the White House again.
Created 41 minutes ago


Trial of accused Fort Hood gunman moved to at least August
Trial of accused Fort Hood gunman moved to at least August
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FORT HOOD, Texas (Reuters) - The trial of a U.S. Army psychiatrist accused of killing 13 people in a shooting rampage at Fort Hood, Texas, in 2009 will be delayed by at least a month and start in early August, a military judge ruled on Tuesday.

Created 45 minutes ago


Officials investigating death of Puerto Rico bank executive
Officials investigating death of Puerto Rico bank executive
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SAN JUAN (Reuters) - The FBI is investigating allegations that high-ranking bank officials in Puerto Rico conspired to have a former Doral Bank executive killed after he claimed he uncovered fraud, the U.S. attorney for the district of Puerto Rico said on Tuesday.
Created 46 minutes ago


Call for overhaul of drug industry business model
Call for overhaul of drug industry business model
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LONDON (Reuters) - Pharmaceutical companies need to boost the benefits of drug research by working with regulators and healthcare providers to overhaul the way medicines are approved and paid for, a thinktank backed by investors says.
Created 48 minutes ago


Dolce and Gabbana face verdict on alleged tax evasion
Dolce and Gabbana face verdict on alleged tax evasion
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MILAN (Reuters) - An Italian court is expected to rule on Wednesday on whether legendary fashion duo Domenico Dolce and Stefano Gabbana should be sent to prison for allegedly hiding hundreds of millions of euros from the tax authorities.

Created 48 minutes ago


Dish abandons Sprint bid to focus on Clearwire
Dish abandons Sprint bid to focus on Clearwire
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NEW YORK (Reuters) - Dish Network Corp said on Tuesday that it would not make a new offer to buy No. 3 U.S. wireless provider Sprint Nextel and focus instead on its tender offer for Clearwire Corp

Created about an hour ago


Four from U.S. forces killed in attack in Afghanistan
Four from U.S. forces killed in attack in Afghanistan
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WASHINGTON (Reuters) - Four from U.S. forces were killed in an attack on Bagram Air Base in Afghanistan, a U.S. official said on Tuesday, speaking on condition of anonymity, just as the United States prepares for talks this week with the Taliban.

Created about an hour ago


Courageous Campbell represents heart of Boston's Stanley Cup bid
Courageous Campbell represents heart of Boston's Stanley Cup bid
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BOSTON (Reuters) - Gregory Campbell will never be the face of the Boston Bruins but he does represent the heart and soul of a team that prides itself on a blue collar work ethic and all-for-one philosophy.

Created about an hour ago


Microsoft says it freed millions of computers from criminal botnet
Microsoft says it freed millions of computers from criminal botnet
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BOSTON (Reuters) - Microsoft Corp said that an assault it led earlier this month on one of the world's biggest cyber crime rings has freed at least 2 million PCs infected with a virus believed to have been used to steal more than $500 million from bank accounts worldwide.
Created about an hour ago


Former NBA player's son seen as slam dunk for big NHL career
Former NBA player's son seen as slam dunk for big NHL career
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BOSTON (Reuters) - Given the genes and sporting pedigree it is not unusual that Seth Jones, son of former NBA journeyman Ronald 'Popeye' Jones, would one day follow in his father's athletic footsteps.
Created about an hour ago


Nvidia to license graphics technology: CEO
Nvidia to license graphics technology: CEO
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SAN FRANCISCO (Reuters) - Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.

Created about an hour ago


Mississippi leans on Google to crack down on illegal products
Mississippi leans on Google to crack down on illegal products
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WASHINGTON (Reuters) - Mississippi's attorney general said on Tuesday he would subpoena documents from Google Inc as part of a probe into allegations the Web search company facilitated the sale of drugs without a prescription and other illegal products.
Created 1 hour ago


Sunny Jamaica cast into shadow after new drugs bust
Sunny Jamaica cast into shadow after new drugs bust
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LONDON (Reuters) - Jamaica, sunlit home of the world's finest sprinters, was cast into shadow on Tuesday after confirmation that the Caribbean island's most successful female sprinter has failed a drugs test.
Created 1 hour ago