Browse Events

Pennsylvania university heads paint bleak tuition outlook
HARRISBURG, Pennsylvania (Reuters) - The heads of Pennsylvania's four largest universities pleaded with lawmakers on Wednesday to ignore Governor Tom Corbett's proposal to cut state subsidies on higher education by 30 percent.

S&P fails to break key level; euro zone data weighs
NEW YORK (Reuters) - U.S. stocks fell on Wednesday with the S&P 500 stalled near a 10-month-old high after weak data on Europe's business activity raised concerns about a recession.

U.S. and French journalists killed in Syria
AMMAN/BEIRUT (Reuters) - American correspondent Marie Colvin and French photographer Remi Ochlik were killed in the besieged Syrian city of Homs on Wednesday when rockets fired by government forces hit the house they were staying in, opposition activists and witnesses said.

Obama urges corporate tax cut, closing loopholes
WASHINGTON (Reuters) - President Barack Obama launched a dialogue with corporate America on Wednesday over business tax reform, offering his first clear plan to cut the corporate tax rate, with little prospect of it becoming law in an election year.

Virginia lacrosse murder trial goes to jury
CHARLOTTESVILLE, Virginia (Reuters) - Jurors began deliberating on Wednesday to decide whether a former University of Virginia lacrosse player killed his ex-girlfriend in a drunken rage or if her 2010 death was accidental.

Ex-mine official charged in fatal W. Virginia blast
(Reuters) - The former superintendent of the West Virginia coal mine where 29 workers died in a 2010 explosion was charged on Wednesday with felony conspiracy for impeding mine safety enforcement efforts before the blast, federal authorities said.

Wall Street flat after housing data; S&P near key level
NEW YORK (Reuters) - Stocks were little changed on Wednesday as an encouraging U.S. housing report offset soft euro zone data, while the S&P 500 struggled to break through a high not seen since last May.

Karzai urges calm as six die in Afghan Koran protests
KABUL (Reuters) - Afghan President Hamid Karzai appealed for calm Wednesday after officials said six people were shot dead and dozens wounded in protests over the burning of copies of the Koran, Islam's holy book, at NATO's main base in the country.

PGA Tour's playoffs extended for five more years
MARANA, Arizona (Reuters) - The FedExCup playoffs, the PGA Tour's lucrative four-event season finale, have been extended for a further five years, commissioner Tim Finchem said on Wednesday.

Microsoft files E.U. complaint over Google, Motorola
BRUSSELS/NEW YORK (Reuters) - Microsoft has asked EU antitrust regulators to intervene in a patent dispute with Google and Motorola Mobility as it stepped up its battle against the Internet search giant.

Tunisia, Egypt Islamists signal bigger religion role
PARIS (Reuters)- After months of reassuring secularist critics, Islamist politicians in Tunisia and Egypt have begun to lay down markers about how Muslim their states should be -- and first signs show they want more religion than previously admitted.

Peugeot and GM in alliance talks: sources
FRANKFURT/PARIS (Reuters) - General Motors and PSA Peugeot Citroen are discussing a manufacturing alliance designed to stem losses in Europe and reduce production costs elsewhere, sources with knowledge of the matter said.

Karzai urges calm as seven die in Afghan Koran
KABUL (Reuters) - Afghan President Hamid Karzai appealed for calm on Wednesday after officials said at least six people were shot dead and dozens wounded in protests over the burning of copies of the Koran, Islam's holy book, at NATO's main base in the country.

Exclusive: Palo Alto Networks, other tech firms tee up IPOs
NEW YORK (Reuters) - A series of technology companies, including security software maker Palo Alto Networks, are preparing to go public on the heels of Facebook's $5-billion filing, sensing a window of opportunity as the stock market rallies.

JPMorgan, Citi, BofA sued for $949 million by Sealink
NEW YORK (Reuters) - JPMorgan Chase & Co., Citigroup Inc., Bank of America Corp. and more than a half dozen other major banks are being hit with a new lawsuit over $949 million in residential mortgage-backed securities.

Argentine train crash kills 49 people, hurts 600
BUENOS AIRES (Reuters) - A packed commuter train plowed into the buffers at a Buenos Aires station during morning rush hour on Wednesday, killing at least 49 people and injuring more than 600 others, officials said.

Assad forces try to bomb Homs into submission
AMMAN (Reuters) - Syrian President Bashar al-Assad's forces rained rockets and bombs down on opposition-held neighborhoods of the city of Homs on Wednesday, reducing buildings to rubble and killing more than 80 people, including two Western journalists.

Santorum, Romney close but neither tops Obama - polls
WASHINGTON (Reuters) - Republican U.S. presidential candidates Mitt Romney and Rick Santorum are running neck-and-neck but neither would beat incumbent President Barack Obama, according to several polls released on Wednesday.

UBS to issue more loss-absorbing capital
ZURICH/LONDON (Reuters) - UBS might struggle to attract big institutional investors for more loss-absorbing bonds it wants to sell, after investors voiced distaste for the structure and price of an initial $2 billion deal announced on Wednesday.

Merkel blunder a harbinger of change in Germany?
BERLIN (Reuters) - Chancellor Angela Merkel's humbling defeat in accepting an opposition candidate for president may herald a shift in coalition alliances that could yet see her conservatives unceremoniously bundled from power in 2013.