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Huge tornado hits Oklahoma City area
A devastating, mile-wide tornado touched down near Oklahoma City on Monday, decimating homes, businesses and schools in the suburb of Moore. There were no immediate reports of fatalities or injuries, as emergency officials urged people to remain off the roads so rescue workers and first responders could reach people potentially trapped in rubble. "This is war zone terrible," Jon ...
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Doors keyboardist Ray Manzarek dies at 74
View Photo Reuters/Reuters - Riders On The Storm's Ray Manzarek performs during a concert of their European tour which commemorates the 40th anniversary of the band The Doors in Valencia January 14, 2007. ...
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More Obama aides knew of IRS audit Obama not told
FILE - In this May 15, 2013 file photo, President Barack Obama speaks in the East Room of the White House in Washington. It might have seemed a no-win situation to the White House: either keep President Barack Obama in the dark about a looming investigation into political targeting by the Internal Revenue Service or blur legal lines by telling him about an independent audit. (AP Photo/Jacquelyn ...
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Britain is booming FTSE reaches 12-year high as record looms
FTSE 100 blue chip index matched levels from September 2000, just before the market's fascination with loss-making technology companies such as lastminute.com came to an abrupt end and the dotcom bubble burst. The closely watched index of the 100 biggest companies traded in London is also within sight of its all time peak of the 6,930 reached on 30 December 1999.The FTSE 100 is nonetheless ...
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Downright chilling targeting of Fox News reporter
decision to target of one of its reporters , James Rosen, in a national security leak investigation. Executive Vice President Michael Clemente portrayed the government's actions as an assault on "what up until now has always been a free press." "We are outraged to learn today that James Rosen was named a criminal co-conspirator for simply doing his job as a reporter," ...
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NYPD to increase presence after bias killing
NEW YORK -; A spate of anti-gay attacks in New York City is prompting police to increase their presence in some gay-friendly neighborhoods heading into what's usually a time for ...
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Senators want fingerprint checks at airports
exit system is long overdue." A full-fledged biometric entry-exit system is favored by many senators but was deemed too expensive and unworkable to include in the bill. Current law already requires such a system to be in place, but the Department of Homeland Security has not implemented it. Instead the bill seeks electronic scanning of photo IDs. Under Hatch's amendment, the ...
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Why an 87-year-old took on Donald Trump Someone had to
View Photo Associated Press/M. Spencer Green, File - FILE - In this May 14, 2013 file photo, Donald Trump arrives at federal court n Chicago to testify at a civil trial where he's accused of enticing investors to ...
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Bomb attacks kill more than 70 across Iraq
View Photo Reuters/Reuters - Residents gather at the site of a car bomb attack at the Kamaliya district in Baghdad May 20, 2013. REUTERS/Mohammed ...
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787s return to skies above the U.S.
its 787s back in the air. The planes are returning after being grounded for four months by the federal government because of smoldering batteries on 787s owned by other airlines. The incidents included an emergency landing of one plane, and a fire on another. The incidents never caused any serious injuries. But the January grounding embarrassed Boeing, which makes the 787, and disrupted ...
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Five die in van crash along Illinois highway
Interstate 70 near Vandalia, about 70 miles east of St. Louis. Zimmerman says many of the victims were ejected from the van. The six others in the 15-passenger van have been hospitalized. Details of their conditions have not been released. Details of what caused the crash or to whom the van belonged are not immediately available. The Associated Press has left messages with Fayette County ...
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U.S. and European Union Set to Negotiate Settlements in Chinese Solar Panel Cases
Hong Kong -- The Obama administration and the European Union have decided to negotiate settlements with China in the world's largest anti-dumping and anti-subsidy trade cases involving China's roughly $30 billion a year in solar panel shipments to the West, officials and trade advisers in Beijing, Brussels and Washington ...
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Royal Bank of Scotland leads the way as FTSE 100 hits highest level since September 2000
was the day's biggest riser.The bank ended 15.1p higher at 351.9p after analysts at Numis raised their recommendation from hold to buy and their target price from 308p to 410p. The broker said RBS's US business Citizens was undervalued while the profitability of its UK retail operations would be underpinned by its efficiency measures.Overall the FTSE ...
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The myth of suburban prosperity
Brookings Institution said. Suburbs, however, still have a smaller percentage of the poor than cities do. The report notes that poor people were pulled to the suburbs by more affordable homes and followed jobs that were often low paying. But those who moved to the suburbs also saw manufacturing jobs disappear and housing prices plummet following the economic recession. "The myth of ...
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Immigration agency employees union president denounces reform bill
Immigration Services officer Norma Christian speaks with an immigrant at the USCIS office on May 17, 2013, in New … The president of a union that represents 12,000 U.S. Citizenship and Immigration Services employees announced his opposition to the immigration reform bill in the Senate on Monday morning. "The legislation will provide legal status to millions of visa overstays while ...
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Split-second choice ended with N.Y. student dead
NEW YORK (AP) -- The college student was being held in a headlock by a masked intruder with a loaded gun to her head, police said. Then the gunman took aim at an officer. A moment later ...
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London Markets Ftse 100 Jumps To Highest Close Since 2000
LONDON – U.K.'s benchmark stock index ended at the highest closing level since September 2000 on Monday, boosted by banking shares and a rally for budget airline EasyJet PLC.The FTSE 100 index added 0.5% to close at 6,755.63, building on gains from Friday, when the index climbed to the highest closing level since October 2007.Shares of budget airline EasyJet PLC jumped 4% to 12.35 ...
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UPDATE 1-Spains El Corte Ingles in 5 bln euro debt restructuring
Mon May 20, 2013 1:04pm EDT By Carlos Ruano MADRID May 20 (Reuters) - Spanish department store El Corte Ingles, the country's largest privately held company, said on Monday it had started talks to restructure debt totalling 5 billion euros ($6.43 billion). El Corte Ingles, one of Spain's largest employers and most venerable retailers, has been hit by a tough economic downturn and been ...
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Actavis to buy Warner Chilcott in $5bn stock deal
20 May 2013 GENERIC drugmaker Actavis Inc, itself the subject of takeover speculation, said on Monday it would buy specialty pharmaceutical ...
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2 dead 20 injured after explosions in Dagestan- Wave of violent attacks kills at least 86 in Iraq
MAKHACHKALA, Russia – Two people are dead and at least 20 are injured after two car bombs exploded Monday in Dagestan, in Russia's North Caucasus region, where armed militias are leading an Islamist insurgency. Both blasts were near the headquarters of the court bailiffs and appeared to have been detonated by remote control, a Russian state agency told Reuters. Police cordoned ...
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Ex-divs to take 7.4 points off FTSE 100 on May 22
LONDON, May 20 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 7.38 points off the ...
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Czech Bank Shut Over Fraud Investigation
A bank and savings institution in the Czech Republic was closed and all deposits frozen pending a fraud investigation by the Czech central bank and ministry of finance. In a statement published on its website on Sunday, MSD bank said all of it branches would be shut and no deposits would be accepted while two counts of credit fraud are investigated by the public prosecutor's supreme office. ...
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Activists say 28 Hezbollah members killed in Syria
In this Saturday, May 18, 2013 citizen journalism image provided by Qusair Lens which has been authenticated based on its contents and other AP reporting, shows Syrians inspecting the rubble of damaged buildings due to government airstrikes, in Qusair, Homs province, Syria. The town of Qusair has been besieged for weeks by regime troops and pro-government gunmen backed by the Lebanese militant ...
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Germans Blame Merkel for Eurovision Woes
Germans are blaming Merkel's tough stance on austerity for their entry's unpopularity at this year's Eurovision, in which Denmark was the ...
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Report Obama Admin. spied on reporter
President Barack Obama crosses the South Lawn as he returns from travel to Atlanta via Marine One, at the White … The Justice Department spied extensively on Fox News reporter James Rosen in 2010, collecting his telephone records, tracking his movements in and out of the State Department, and seizing two days of Rosen's personal ...
Switzerland Featured
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Switzerland world's most competitive country
Switzerland is frequently pointed to as a model of good governance, prosperity, innovation and stability and is one of the happiest countries in the world. The recent competitive survey by the WEF underscored this, but came with a warning.
Switzerland truly is an impressive country, landlocked and small with no natural resources; it has developed into one of the richest countries in the world and was recently named the most competitive economy in the world. This is due in large part to its banking sector, which is one of the most advanced and its government structure, which is efficient in comparison to many other developed countries. Read more
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