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SNB lauds UBS, Credit Suisse capital steps, warns on leverage



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ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse and UBS to bolster their capital levels, but said leverage ratios still lag international rivals.Created 13 minutes ago
Dotcom decries 'largest data massacre' after company deletes files

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WELLINGTON (Reuters) - The founder of the outlawed Megaupload file-sharing site denounced on Thursday "the largest data massacre in the history of the internet", after a European firm wiped out private photos, videos and documents stored on servers used by the site.Created 19 minutes ago
Intrepid Mines board survives coup over lost Indonesia mine

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MELBOURNE (Reuters) - Shareholders of Intrepid Mines backed their board and its attempt to reclaim rights to a $5 billion copper and gold project in Indonesia, defeating a plan by a private equity investor to oust the board on Thursday.Created 28 minutes ago
Davis power surge continues, homers twice in win over Tigers



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(Reuters) - Chris Davis continued his power surge by blasting a pair of home runs as the Baltimore Orioles bashed Detroit 13-3 on Wednesday.Created 31 minutes ago
Asia assets hammered on China fears, Fed upset



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TOKYO/SYDNEY (Reuters) - Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month low.Created 43 minutes ago
Shuffle leaves Blackhawks coach with winning hand

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BOSTON (Reuters) - Coach Joel Quenneville shuffled his deck and came up with a winning hand as the Chicago Blackhawks' aces found their target in a wild 6-5 win over the Boston Bruins on Wednesday to level the Stanley Cup Final at two games each.Created 45 minutes ago
Lawyers for accused Colorado gunman barred from psychiatric exam



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DENVER (Reuters) - Lawyers for James Holmes, who has pleaded not guilty by reason of insanity to killing 12 moviegoers in a Colorado theater last year, cannot be present during his court-ordered psychiatric examination, the judge in the murder case ruled on Wednesday.Created 56 minutes ago
China factory activity hits nine month low, policy action eyed



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BEIJING (Reuters) - China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central bank to loosen policy.Created 58 minutes ago
Hurdler Pearson to return from injury next week



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(Reuters) - World and Olympic champion Sally Pearson will compete in her first 100 meters hurdles event since winning gold at last year's London Games when she races in the Czech Republic next week, Athletics Australia said on Thursday.Created about an hour ago
SNB welcomes UBS, Credit Suisse capital steps, warns on housing market

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ZURICH (Reuters) - The Swiss National Bank welcomed measures by Credit Suisse and UBS to bolster their capital, and warned it could take further action to prevent what it sees as lax mortgage lending in Switzerland.Created about an hour ago
Two-fifths of U.S. adults care for sick, elderly relatives



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WASHINGTON (Reuters) - Four in 10 U.S. adults are now caring for a sick or elderly family member as more people develop chronic illnesses and the population ages, a new study has found.Created 1 hour ago
Seabrook scores OT winner as Bruins level series

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BOSTON (Reuters) - Brent Seabrook's overtime goal lifted the Chicago Blackhawks to a wild 6-5 win over the Boston Bruins on Wednesday to level the Stanley Cup Final at two games each.Created 1 hour ago
Fewer drivers seen on July 4 as shorter holiday, economy bite: AAA



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(Reuters) - Fewer drivers will take to the road during the Independence Day holiday in part due to a sluggish economy, but also because people will take less time off, travel group AAA said on Thursday.Created 1 hour ago
Lawmaker, university spar over 'control' of Chinese dissident in U.S.

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WASHINGTON (Reuters) - A U.S. congressman who has been blind Chinese dissident Chen Guangcheng's main champion in Washington said people working for New York University have tried to keep him from meeting Chen, barging into a meeting on Capitol Hill and pulling Chen out on one occasion.Created 1 hour ago
Britain, France face EU action over high Eurostar charges



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BRUSSELS (Reuters) - The European Commission has given France and Britain two months to respond to a request to lower charges for passenger and freight trains to use the Channel Tunnel, or face possible court action, it said on Thursday.Created 1 hour ago
China jails 19 Uighurs for religious extremism

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BEIJING (Reuters) - Courts in China's far western region of Xinjiang have sentenced 19 ethnic Uighurs to up to six years in jail for promoting racial hatred and religious extremism online, in the latest crackdown on what China sees as violent separatists.Created 2 hours ago
Yankees impressed with first look at LA's Puig



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NEW YORK (Reuters) - The New York Yankees had a first-hand look at Cuban rookie sensation Yasiel Puig of the Los Angeles Dodgers on Wednesday and came away mightily impressed.Created 2 hours ago
U.S. celebrity chef explains use of racial epithet in deposition

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(Reuters) - U.S. celebrity chef Paula Deen, known for her high-calorie Southern cooking, admitted in a deposition that surfaced on Wednesday that she has used racial slurs but her attorney says she does not tolerate prejudice.Created 2 hours ago
Virus sickens 200 at Yellowstone, Grand Teton parks

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(Reuters) - Two of America's premier national parks, Yellowstone and Grand Teton, warned visitors on Wednesday about a gastrointestinal illness that has sickened at least 200 people at the start of the summer tourist season.Created 2 hours ago
Blackhawks and Bruins headed to overtime

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BOSTON (Reuters) - Game Four of the Stanley Cup Final between Boston and the Chicago Blackhawks went to overtime on Wednesday after the Bruins' Johnny Boychuk scored to tie the game at 5-5 at the end of three periods.Created 2 hours ago
