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Wall Street Week Ahead: Investors look for signs in the rally's break
Wall Street Week Ahead: Investors look for signs in the rally's break
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NEW YORK (Reuters) - The stock market's break in its recent rally this week left investors wondering if they're seeing a turning point or just a blip in the upward path.

Created half a minute ago


Judge rules against Arizona Sheriff Joe Arpaio in racial profiling suit
Judge rules against Arizona Sheriff Joe Arpaio in racial profiling suit
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PHOENIX (Reuters) - A federal judge on Friday found hard-line Arizona lawman Joe Arpaio had violated the constitutional rights of Latino drivers in his crackdown on illegal immigration, and ordered the sheriff's office to stop using race as a factor in law enforcement decisions.
Created 12 minutes ago


Ex-Virginia bank executives guilty in financial crisis case
Ex-Virginia bank executives guilty in financial crisis case
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(Reuters) - The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank's 2011 collapse.
Created 15 minutes ago


Exclusive: 'Workplace wellness' fails bottom line, waistlines - RAND
Exclusive: 'Workplace wellness' fails bottom line, waistlines - RAND
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NEW YORK (Reuters) - A long-awaited report on workplace wellness programs, which has still not been publicly released, delivers a blow to the increasingly popular efforts, Reuters has learned, casting doubt on a pillar of the Affordable Care Act and a favorite of the business community.
Created 31 minutes ago


Obama awards top U.S. honor to girls killed in 1963 racial bombing
Obama awards top U.S. honor to girls killed in 1963 racial bombing
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WASHINGTON (Reuters) - President Barack Obama awarded the highest U.S. civilian honor on Friday to four black girls killed in a civil rights-era church bombing 50 years ago, saying their tragic deaths ultimately "helped to trigger triumph."
Created 58 minutes ago


Google to bankroll, build wireless networks across Africa: WSJ
Google to bankroll, build wireless networks across Africa: WSJ
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(Reuters) - Google Inc intends to finance, build and help operate wireless networks from sub-Saharan Africa to Southeast Asia, hoping to connect a billion or so people in emerging countries to the Internet, the Wall Street Journal reported on Friday.

Created about an hour ago


Fox executive Darnell to leave TV network after ratings slump
Fox executive Darnell to leave TV network after ratings slump
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LOS ANGELES (Reuters) - Longtime Fox television executive Mike Darnell, who helped shepherd "American Idol" to the top of U.S. TV ratings, will leave the network, Fox said on Friday, after the network lost its lead among the younger audience most appealing to advertisers.
Created about an hour ago


Oklahoma singer Shelton to headline May 29 tornado relief benefit
Oklahoma singer Shelton to headline May 29 tornado relief benefit
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LOS ANGELES (Reuters) - Oklahoma country singer Blake Shelton said on Friday that he will headline a concert to benefit the victims of the Oklahoma tornado that swept through the city of Moore earlier this week, leaving 24 dead and thousands homeless.
Created about an hour ago


IMF's Lagarde escapes formal investigation in court
IMF's Lagarde escapes formal investigation in court
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PARIS (Reuters) - French magistrates decided on Friday not to place IMF chief Christine Lagarde under formal investigation over her role in a 285-million-euro ($368.5 million) arbitration payment made to a supporter of former president Nicolas Sarkozy.

Created about an hour ago


Toronto mayor denies, finally, use of crack cocaine
Toronto mayor denies, finally, use of crack cocaine
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TORONTO (Reuters) - Toronto Mayor Rob Ford, under pressure to respond to allegations he was filmed using drugs, said on Friday that he does not smoke crack cocaine and could not comment on a video he had not seen or does not exist.
Created about an hour ago


Last brother from Mexico's Arellano Felix cartel pleads guilty in U.S.
Last brother from Mexico's Arellano Felix cartel pleads guilty in U.S.
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SAN DIEGO (Reuters) - Former Mexican drug lord Eduardo Arellano Felix, the last of four brothers captured or killed in connection with a once-powerful Tijuana-based cartel depicted in the Oscar-winning film "Traffic," pleaded guilty to U.S. drug charges on Friday.
Created about an hour ago


Bail denied to Massachusetts teen accused of Facebook terror post
Bail denied to Massachusetts teen accused of Facebook terror post
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BOSTON (Reuters) - A judge denied bail on Friday to a Massachusetts teenager who was arrested on terrorism charges after posting lyrics on his Facebook page suggesting he could do worse than the Boston Marathon bombers.
Created about an hour ago


Visa, Mastercard ask U.S. court to declare card fees are lawful
Visa, Mastercard ask U.S. court to declare card fees are lawful
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NEW YORK (Reuters) - Visa Inc and MasterCard Inc, opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law.
Created 1 hour ago


Certain chronic pain may raise suicide risk
Certain chronic pain may raise suicide risk
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NEW YORK (Reuters Health) - Back pain, migraine and other types of chronic pain without a known physical cause - and therefore little prospect for relief - were associated with an increased risk of suicide in a new study of U.S. veterans.
Created 1 hour ago


Illinois House votes to allow residents to carry concealed guns
Illinois House votes to allow residents to carry concealed guns
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SPRINGFIELD, Illinois (Reuters) - The Illinois House of Representatives on Friday voted overwhelmingly to allow residents to carry concealed guns, taking the state one step closer to joining all others in allowing some form of carrying guns in public.
Created 1 hour ago


Mall owner General Growth eyes NY's Madison Ave: sources
Mall owner General Growth eyes NY's Madison Ave: sources
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NEW YORK (Reuters) - General Growth Properties Inc has paired with Brookfield Office Properties Inc to bid for one of the most sought after Manhattan office buildings on the market, making what could be the mall owner's entry into the urban street retail real estate market, according to sources familiar with the deal.

Created 2 hours ago


Veterans' claims put pressure on Obama even as backlog dips
Veterans' claims put pressure on Obama even as backlog dips
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WASHINGTON (Reuters) - A long-growing backlog of U.S. military veterans' disability claims, which has stoked congressional anger, has dipped in recent weeks, however tentatively.
Created 2 hours ago


Justice Department defends journalist email search
Justice Department defends journalist email search
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WASHINGTON (Reuters) - The Justice Department said on Friday that senior officials including Attorney General Eric Holder vetted a decision to search an email account belonging to a Fox News reporter whose story on North Korea prompted a leak investigation.
Created 2 hours ago


Obama urges U.S. military to stamp out sexual assault
Obama urges U.S. military to stamp out sexual assault
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ANNAPOLIS, Maryland (Reuters) - President Barack Obama urged the future leaders of the U.S. military on Friday to stamp out sexual assault from their ranks, warning that a few individuals could undermine the strongest military in the world.

Created 2 hours ago


Some with defibrillators may safely play sports
Some with defibrillators may safely play sports
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NEW YORK (Reuters Health) - Despite expert guidelines advising against intense sports activity for people with implanted heart defibrillators, a new study suggests that some can compete without serious consequences.
Created 2 hours ago