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New J&J anti-depressant related to "Special K" party drug

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NEW BRUNSWICK, New Jersey (Reuters) - Johnson & Johnson said it plans to seek approvals for 11 new drugs by 2017, including a new type of treatment for patients with depression that have failed to benefit from standard medications.Created 3 minutes ago
McIlroy slumps to 74 after late Wentworth collapse



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VIRGINIA WATER, England (Reuters) - World number two Rory McIlroy was blown off course by unseasonally cold weather at Wentworth on Thursday, bogeying five of the last six holes to sink to a two-over 74 in the PGA Championship first round.Created 6 minutes ago
Raikkonen would rather be left alone

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MONACO (Reuters) - Kimi Raikkonen would much rather be left alone but he is happy to admit that sometimes he does not know what he is doing.Created 17 minutes ago
Krzyzewski to stay as U.S. basketball coach

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(Reuters) - Mike Krzyzewski said on Thursday he is returning for another term as U.S. men's national basketball coach with the aim of leading the team to a third successive Olympic title at the 2016 Games in Rio.Created 18 minutes ago
Obama may limit drone use, discuss Guantanamo in major speech

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WASHINGTON (Reuters) - President Barack Obama will vow on Thursday to be more open to the public about the U.S. fight against terrorism and may lay out limits for the use of lethal drones abroad while sketching a vision for closing the military prison in Guantanamo Bay, Cuba.Created 25 minutes ago
Prominent Chechen advocate shot dead in Turkish capital

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ANKARA (Reuters) - A prominent figure in the Chechen diaspora in Turkey was shot at his Ankara office late on Wednesday, a North Caucasus refugee association said, the latest in a series of killings of Chechens and their sympathizers in the country in recent years.Created 28 minutes ago
Congo has chance for peace, U.N. ready to enforce: Ban Ki-moon

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GOMA, Democratic Republic of Congo (Reuters) - Troubled eastern Congo has the best chance in years to secure a lasting peace but the United Nations stands ready to pacify the region by force if need be, U.N. Secretary General Ban Ki-moon said on Thursday.Created 34 minutes ago
E-commerce software maker ChannelAdvisor shares soar in debut

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(Reuters) - Shares of cloud-based e-commerce software provider ChannelAdvisor Corp soared as much as 39 percent in their debut, as enterprise software makers continue to draw investor attention with their strong revenue models.Created 38 minutes ago
New car sales seen up about 8 percent in May: research firms



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DETROIT (Reuters) - Auto sales in May are expected to rise about 8 percent and the annual sales pace should rebound back above 15 million vehicles after a disappointing result in the prior month, two research reports said on Thursday.Created 47 minutes ago
Graphic sex in applauded lesbian love story gets Cannes buzzing

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CANNES (Reuters) - An intimate love story between two young women received rave reviews from critics at the Cannes film festival despite explicit lesbian sex scenes that could limit the film's distribution.Created 53 minutes ago
Republican Issa to call IRS's Lerner back in Tea Party probe

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WASHINGTON (Reuters) - Republican Representative Darrell Issa said on Thursday he will call Internal Revenue Service official Lois Lerner back to testify before his committee on the IRS-Tea Party scandal after she asserted her constitutional right not to answer questions.Created 55 minutes ago
Tesco will not pay executive bonuses without rise in profits

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LONDON (Reuters) - Tesco executives will not receive a bonus in the current financial year unless they can reverse a decline in profits at Britain's biggest supermarket operator, the company said in its annual report on Thursday.Created about an hour ago
Ally to pay $2.1 billion to settle ResCap litigation

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(Reuters) - Ally Financial Inc agreed to pay $2.1 billion to Residential Capital LLC to settle claims that it stripped the bankrupt mortgage subsidiary of choice assets.Created about an hour ago
GameStop results beat as mobile sales rise



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(Reuters) - Video games retailer GameStop Corp's quarterly profit beat estimates for the fourth consecutive quarter, suggesting that its strategy of expanding its digital and mobile offerings is paying off in a tough video-gaming environment.Created about an hour ago
Sweden riots expose ugly side of 'Nordic model'

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STOCKHOLM (Reuters) - The scene of Sweden's worst riots in years, Husby is on the surface at least a typically neat suburb of colorful playgrounds, manicured parks and low rise apartment buildings.Created about an hour ago
Wall St. drops on stimulus plan unease, China data



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NEW YORK (Reuters) - Stocks dropped on Thursday, with the S&P 500 on pace for its first back-to-back daily drop in a month amid investor concerns the U.S. Federal Reserve's stimulus may be scaled back sooner than hoped and after weak data in China.Created about an hour ago
U.S., Chinese factories struggle, Fed hints at less stimulus



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LONDON/NEW YORK (Reuters) - Chinese factory activity declined in May for the first time in seven months and U.S. manufacturing grew at its slowest clip since October, suggesting it may take a while before the global economy starts to pick up steam.Created about an hour ago
London attackers known to British security services

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LONDON (Reuters) - Two British men of Nigerian descent accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries were known to security services, a source close to the investigation said Thursday.Created about an hour ago
U.N. investigator seeks world moratorium on 'killer robots'

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GENEVA (Reuters) - A United Nations human rights investigator called on Thursday for all states to declare a moratorium to prevent so-called "killer robots" being deployed on the battlefield.Created about an hour ago
Rosberg puts Mercedes on top in Monaco

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MONACO (Reuters) - Nico Rosberg gave Mercedes a dream start to their Monaco Grand Prix weekend with the fastest time in both practice sessions for the glamour race on Thursday.Created 1 hour ago
