Soft-Go.Com - News Archive - Page: 13
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OPEC cuts oil demand forecast, sees ample supply - 13, Jun 2008
LONDON (Reuters) - OPEC on Friday cut its forecast for global oil demand growth in 2008 for the third time this year, the latest sign that record-high oil prices are slowing consumption.
Read article OPEC cuts oil demand forecast, sees ample supply | Find news in Business
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May CPI seen up at fastest pace in 2008 - 13, Jun 2008
WASHINGTON (Reuters) - Higher costs for gasoline and food again put pressure on a key gauge of retail inflation in May, according to economists polled by Reuters ahead of Friday's release of the monthly consumer price index.
Read article May CPI seen up at fastest pace in 2008 | Find news in Business
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Power outage, fire snarls Washington D.C. rush hour - 13, Jun 2008
WASHINGTON (Reuters) - A widespread power outage and subway fire left Washington dark and snarled traffic during the morning rush hour on Friday, power and transit officials said.
Read article Power outage, fire snarls Washington D.C. rush hour | Find news in HotNews
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Oil slips below $136 a barrel - 13, Jun 2008
LONDON (Reuters) - Oil dropped below $136 a barrel on Friday after volatile trading in the previous session, helped by a strong U.S. dollar and OPEC's reduction of its oil demand growth forecasts.
Read article Oil slips below $136 a barrel | Find news in Business
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Dollar grabs spotlight at G8 inflation talks - 13, Jun 2008
OSAKA, Japan (Reuters) - The U.S. dollar took centre stage as Group of Eight finance ministers gathered in Japan on Friday to wrestle with surging inflation and the impact of record oil prices on a slowing global economy.
Read article Dollar grabs spotlight at G8 inflation talks | Find news in Business
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May consumer prices up, core contained - 13, Jun 2008
WASHINGTON (Reuters) - Soaring gasoline prices helped drive up overall U.S. consumer prices during May by the fastest rate in six months, but core prices remained tame, a government report on Friday showed.
Read article May consumer prices up, core contained | Find news in Business
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Manners still matter when you're poking on Facebook - 13, Jun 2008
LONDON (Reuters) - Should you reject a friend on MySpace? How do you ward off an old lover on Facebook?
Read article Manners still matter when you're poking on Facebook | Find news in Technology
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Record label sues two Stone Temple Pilots - 13, Jun 2008
NEW YORK (Reuters) - Atlantic Records sued two members of the alternative rock band Stone Temple Pilots on Thursday, accusing them of trying to prematurely end their recording contract with the Warner Music Group label.
Read article Record label sues two Stone Temple Pilots | Find news in Entertainment
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NASA taps Oceaneering to build spacesuits for moon - 13, Jun 2008
CAPE CANAVERAL, Florida (Reuters) - NASA has turned to a new lead contractor to build spacesuits for its revived lunar exploration program that aims to land astronauts on the moon again by 2020, officials said on Thursday.
Read article NASA taps Oceaneering to build spacesuits for moon | Find news in Science
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Just a Minute With: British musician Peter Gabriel - 13, Jun 2008
LONDON (Reuters) - Grammy-winning musician Peter Gabriel believes the Internet has drowned users with too much choice, failed to democratize the pop industry as much as was hoped and eroded the quality of what people listen to.
Read article Just a Minute With: British musician Peter Gabriel | Find news in Entertainment
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R&B star R. Kelly porn trial goes to Chicago jury - 13, Jun 2008
CHICAGO (Reuters) - R&B star R. Kelly's child pornography trial went to the jury on Thursday with prosecutors calling him a sexual predator and his attorneys saying he is wrongly accused and possibly the victim of an extortion plot.
Read article R&B star R. Kelly porn trial goes to Chicago jury | Find news in Entertainment
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Palestinians take hard route to Beijing - 13, Jun 2008
JERUSALEM (Reuters) - For the two Palestinian swimmers traveling to the Beijing Olympics, simply being at the Games will be an achievement.
Read article Palestinians take hard route to Beijing | Find news in Sport
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Late penalty gives Austria draw - 13, Jun 2008
VIENNA (Reuters) - An injury-time penalty by Ivica Vastic earned co-hosts Austria a dramatic 1-1 draw with Poland at Euro 2008 on Thursday.
Read article Late penalty gives Austria draw | Find news in Sport
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Denmark looks to Rasmussen for badminton gold - 13, Jun 2008
COPENHAGEN (Reuters) - Tine Rasmussen has excelled on the world badminton scene in the past year to win three major titles, fuelling Danish hopes that she could become the first non-Asian woman to win an Olympic gold in the sport in Beijing.
Read article Denmark looks to Rasmussen for badminton gold | Find news in Sport
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Capitals' Ovechkin caps dazzling season with MVP award - 13, Jun 2008
TORONTO (Reuters) - Washington Capitals' Alexander Ovechkin capped a dazzling season by winning the Hart Trophy as the National Hockey League's most valuable player on Thursday to complete an unprecedented sweep of awards.
Read article Capitals' Ovechkin caps dazzling season with MVP award | Find news in Sport
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Cubs win 11th in a row at Wrigley Field - 13, Jun 2008
CHICAGO (Reuters) - The Chicago Cubs won their 11th consecutive game at Wrigley Field when Reed Johnson was hit by a pitch with the bases loaded in the bottom of the 11th inning, forcing in the winning run in a 3-2 win over the Atlanta Braves.
Read article Cubs win 11th in a row at Wrigley Field | Find news in Sport
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Hicks and Streelman take spotlight from Woods - 13, Jun 2008
SAN DIEGO (Reuters) - Little-known American qualifiers Justin Hicks and Kevin Streelman upstaged tournament favorites Tiger Woods and Phil Mickelson by taking charge in Thursday's first round at the U.S. Open.
Read article Hicks and Streelman take spotlight from Woods | Find news in Sport
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Celtics stun Lakers to move to brink of title - 13, Jun 2008
LOS ANGELES (Reuters) - The Boston Celtics moved to the brink of their record 17th NBA title by overcoming a 20-point, second-half deficit to stun the Los Angeles Lakers 97-91 in Game Four on Thursday.
Read article Celtics stun Lakers to move to brink of title | Find news in Sport
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China and Taiwan agree flights in first talks in years - 13, Jun 2008
BEIJING (Reuters) - China and Taiwan signed a landmark deal on Friday to launch regular flights between the long-time rivals as politics was put aside in favor of practicalities in the first such talks in almost a decade.
Read article China and Taiwan agree flights in first talks in years | Find news in HotNews
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Three's a charm? Gay California couples wed again - 13, Jun 2008
LOS ANGELES (Reuters) - For many California gays and lesbians, getting married is nothing new. They've done it more than once -- to the same person.
Read article Three's a charm? Gay California couples wed again | Find news in HotNews
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Pentagon chief invites Pakistan into strike probe - 13, Jun 2008
BRUSSELS (Reuters) - Defense Secretary Robert Gates said on Thursday he regretted that a U.S. air strike killed 11 Pakistani soldiers, and invited Pakistani and Afghan officials to help investigate the incident.
Read article Pentagon chief invites Pakistan into strike probe | Find news in HotNews
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Bush takes break from Iran push to see pope - 13, Jun 2008
VATICAN CITY (Reuters) - U.S. President George W. Bush will meet Pope Benedict at the Vatican on Friday before resuming his campaign to rally European support for more sanctions against Iran.
Read article Bush takes break from Iran push to see pope | Find news in HotNews
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Oil dips as dollar gains counter Nigeria supply fears - 13, Jun 2008
SINGAPORE (Reuters) - Oil was a touch easier on Friday after a volatile previous session when the market grappled with supply worries in Nigeria, the world's 8th-largest producer, and a firmer U.S. dollar.
Read article Oil dips as dollar gains counter Nigeria supply fears | Find news in Business
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BOJ keeps rates steady; focus on inflation - 13, Jun 2008
TOKYO (Reuters) - The Bank of Japan kept interest rates on hold at 0.5 percent in a unanimous vote on Friday, as widely expected, as it balanced concerns about rising inflation with a worsening economic outlook.
Read article BOJ keeps rates steady; focus on inflation | Find news in Business
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Dollar centre stage in G8 inflation talks - 13, Jun 2008
OSAKA, Japan (Reuters) - The U.S. dollar took centre stage as Group of Eight finance ministers gathered in Japan on Friday to wrestle with ways to shield a slowing global economy from a surge in inflation.
Read article Dollar centre stage in G8 inflation talks | Find news in Business
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Pfizer may make counter bid for Ranbaxy: report - 13, Jun 2008
MUMBAI (Reuters) - Pfizer Inc may bid for Ranbaxy Laboratories Ltd , countering a $4.6 billion offer by Japan's Daiichi Sankyo Co Ltd for the Indian generic drug maker, the Business Standard newspaper said.
Read article Pfizer may make counter bid for Ranbaxy: report | Find news in Business
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Exxon to exit U.S. retail gas business - 13, Jun 2008
NEW YORK (Reuters) - Exxon Mobil Corp said on Thursday it is getting out of the retail gas business in the United States as sky-high crude oil prices squeeze margins.
Read article Exxon to exit U.S. retail gas business | Find news in Business
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U.S. detector sniffs out biological, chemical threats - 13, Jun 2008
WASHINGTON (Reuters) - A new kind of mass spectrometer can sniff out biological, chemical and nuclear threats, all at virtually the same time, U.S. government researchers said on Thursday.
Read article U.S. detector sniffs out biological, chemical threats | Find news in Technology
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Korea protests a proving ground for gadgets and geeks - 13, Jun 2008
SEOUL (Reuters) - When tens of thousands of Koreans converged in the center of Seoul on Tuesday for a mass protest against the new president, many were clutching two vital items: a candle and a mobile phone loaded with snazzy features.
Read article Korea protests a proving ground for gadgets and geeks | Find news in Technology
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Yahoo makes Google ad deal, Microsoft talks fail - 13, Jun 2008
SEATTLE/SAN FRANCISCO (Reuters) - Microsoft's plan to establish a strong footing in online advertising suffered a big blow on Thursday as merger talks with Yahoo finally, formally failed and Yahoo said it would let Google sell search ads on its site.
Read article Yahoo makes Google ad deal, Microsoft talks fail | Find news in Technology
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Stem cell experts offer guide to fight "snake oil" - 13, Jun 2008
WASHINGTON (Reuters) - Some unethical Web sites and clinics are offering "snake oil" treatments that claim to provide cures using stem cells but are at best raising false hopes, stem cell experts said on Thursday.
Read article Stem cell experts offer guide to fight "snake oil" | Find news in Science
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Satellites confirm Ethiopia destruction, group says - 13, Jun 2008
WASHINGTON (Reuters) - Satellite images confirm reports that the Ethiopian military has burned towns and villages in the remote Ogaden region of eastern Ethiopia, the American Association for the Advancement of Science reported on Thursday.
Read article Satellites confirm Ethiopia destruction, group says | Find news in Science
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Mosquito-eating fish thrive in foreclosed pools - 13, Jun 2008
PHOENIX (Reuters) - Authorities in Arizona are stepping up a program to put mosquito-gobbling minnows into the stagnant pools of foreclosed or abandoned homes to prevent an outbreak of West Nile virus.
Read article Mosquito-eating fish thrive in foreclosed pools | Find news in Science
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Scientists observe first flash from dying star - 13, Jun 2008
LONDON (Reuters) - Scientists have for the first time witnessed the flash of light produced inside a dying star just before it explodes, according to a study on Thursday that provides a unique glimpse into how a supernova forms.
Read article Scientists observe first flash from dying star | Find news in Science
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Rocker and rapper up for top Broadway honors - 13, Jun 2008
NEW YORK (Reuters) - He is called Stew and describes himself as a rocker, not a playwright, so he finds it surreal to be up for four Tony Awards, more than anyone else.
Read article Rocker and rapper up for top Broadway honors | Find news in Entertainment
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Sean Connery to unveil autobiography at festival - 13, Jun 2008
EDINBURGH (Reuters) - Sean Connery is set to shake and stir this year's Edinburgh Book Festival by unveiling an autobiography on his 78th birthday.
Read article Sean Connery to unveil autobiography at festival | Find news in Entertainment
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Plant, Krauss "in no hurry" to end collaboration - 13, Jun 2008
DETROIT (Billboard) - Robert Plant and Alison Krauss are hoping to turn their platinum-certified, Grammy Award-winning "Raising Sand" into a going concern.
Read article Plant, Krauss "in no hurry" to end collaboration | Find news in Entertainment
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Denise Richards to ex-husband Sheen: "be civil" - 13, Jun 2008
LOS ANGELES (Reuters) - Former Bond girl Denise Richards, currently starring in a reality television series about her chaotic life, has one key thing to say to ex-husband Charlie Sheen now that he has remarried: stop picking on me.
Read article Denise Richards to ex-husband Sheen: "be civil" | Find news in Entertainment
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Hulk, Shyamalan seek second chance at the movies - 13, Jun 2008
LOS ANGELES (Reuters) - This weekend's lineup at the U.S. box office might well be called a showdown between two Hollywood second-chances -- a remake of a superhero flop and a new film from an acclaimed director whose last movie bombed.
Read article Hulk, Shyamalan seek second chance at the movies | Find news in Entertainment
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Hamm submits petition to secure spot in Beijing team - 13, Jun 2008
NEW YORK (Reuters) - Olympic all-round champion Paul Hamm, who is recovering from a hand injury, has submitted a petition to be included in the U.S. Olympic team for the Beijing Games in August, officials said on Thursday.
Read article Hamm submits petition to secure spot in Beijing team | Find news in Sport
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San Jose Sharks land Todd McLellan as head coach - 13, Jun 2008
SAN FRANCISCO (Reuters) - The San Jose Sharks introduced Todd McLellan, a former assistant with the Stanley Cup champion Detroit Red Wings, as their new head coach on Thursday.
Read article San Jose Sharks land Todd McLellan as head coach | Find news in Sport
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Nadal struggles as Roddick cruises at Queen's - 13, Jun 2008
LONDON (Reuters) - Top seed Rafael Nadal struggled into the quarter-finals of the Queen's Club ATP tournament on Thursday, beating Japanese teenager Kei Nishikori 6-4 3-6 6-3.
Read article Nadal struggles as Roddick cruises at Queen's | Find news in Sport
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Woods fights back after faltering start - 13, Jun 2008
SAN DIEGO (Reuters) - Twice champion Tiger Woods recovered from a stumbling start to lie three strokes off the early pace midway through his opening round at the U.S. Open on Thursday.
Read article Woods fights back after faltering start | Find news in Sport
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U.S. cities promote bicycling as gas prices soar - 13, Jun 2008
PHILADELPHIA (Reuters) - U.S. cities that have long promoted bicycle use by commuters are now seeing a steady rise in the popularity of pedal power as gasoline prices soar.
Read article U.S. cities promote bicycling as gas prices soar | Find news in HotNews
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Spitzer prostitution ringleader will not cooperate - 13, Jun 2008
NEW YORK (Reuters) - The man who led a prostitution ring whose clients included former New York Gov. Eliot Spitzer pleaded guilty on Thursday but said he had not agreed to cooperate with prosecutors in future cases.
Read article Spitzer prostitution ringleader will not cooperate | Find news in HotNews
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Top court rules against Americans held in Iraq - 13, Jun 2008
WASHINGTON (Reuters) - Federal judges cannot block U.S. military officials from turning over two Americans held in Iraq to local authorities who want to prosecute them for involvement in the insurgency or criminal activity, the Supreme Court ruled on Thur
Read article Top court rules against Americans held in Iraq | Find news in HotNews
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Donors pledge around $20 billion for Afghanistan - 13, Jun 2008
PARIS (Reuters) - Donors led by the United States pledged about $20 billion in aid to Afghanistan on Thursday but said Kabul must do far more to fight corruption.
Read article Donors pledge around $20 billion for Afghanistan | Find news in HotNews
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Leader of body parts ring apologizes in court - 13, Jun 2008
NEW YORK (Reuters) - A New Jersey dentist behind a scheme to steal body parts from corpses, including that of British journalist Alistair Cooke, faced relatives of the dead in court on Thursday and apologized for the anguish he caused.
Read article Leader of body parts ring apologizes in court | Find news in HotNews
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Obama fights McCain over taxes - 13, Jun 2008
KAUKAUNA, Wisconsin (Reuters) - Democratic presidential hopeful Barack Obama on Thursday accused Republican John McCain of mischaracterizing his tax plan and said most Americans would not see taxes go up.
Read article Obama fights McCain over taxes | Find news in HotNews
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Supreme Court rules for Guantanamo prisoners - 13, Jun 2008
WASHINGTON (Reuters) - Guantanamo Bay prisoners can go before U.S. federal judges to challenge their years-long detention, the Supreme Court ruled on Thursday in a landmark decision that delivered a stinging setback for President George W. Bush's policies
Read article Supreme Court rules for Guantanamo prisoners | Find news in HotNews
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Oil rises on Nigeria strike threat - 13, Jun 2008
NEW YORK (Reuters) - Oil prices rose on Thursday after concerns about a possible strike in Nigeria, Africa's top producer, stirred supply worries.
Read article Oil rises on Nigeria strike threat | Find news in Business
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Lehman demotes key executives after surprise loss - 13, Jun 2008
NEW YORK (Reuters) - Lehman Brothers Holdings Inc said on Thursday it demoted its chief financial officer and chief operating officer, days after the investment bank said it expected its first-ever loss as a public company and a 66 percent slide in its s
Read article Lehman demotes key executives after surprise loss | Find news in Business
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Strong retail sales boosted by rebate checks - 13, Jun 2008
WASHINGTON (Reuters) - Cash from government stimulus checks helped push U.S. retail sales up at twice the rate expected in May but the strength could be fleeting as households contend with soaring prices and the worst housing slump in decades.
Read article Strong retail sales boosted by rebate checks | Find news in Business
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Prosecutors seek stiff jail term for ex-Refco CEO - 13, Jun 2008
NEW YORK (Reuters) - Former Refco Inc Chief Executive Phillip Bennett deserves a long prison term when he is sentenced for fraud after presiding over "a conspiracy of historic proportions," U.S. prosecutors argued in court papers made public on Thursday.
Read article Prosecutors seek stiff jail term for ex-Refco CEO | Find news in Business
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Stocks rise on retail sales, BUD deal - 13, Jun 2008
NEW YORK (Reuters) - Stocks rose on Thursday after a stronger-than-expected May retail sales report and a $46 billion takeover bid for Anheuser-Busch from an overseas rival helped the market recover from a string of deep losses.
Read article Stocks rise on retail sales, BUD deal | Find news in Business
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US Airways to slash 1,700 jobs, cut more capacity - 13, Jun 2008
NEW YORK (Reuters) - US Airways Group Inc said on Thursday it will reduce its work force by 1,700, or about 5 percent, and will cut more capacity than planned and introduce new fees as the airline industry battles record fuel prices and a weakening econo
Read article US Airways to slash 1,700 jobs, cut more capacity | Find news in Business
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Anheuser-Busch, Modelo in merger talks: report - 13, Jun 2008
NEW YORK (Reuters) - Anheuser-Busch Cos Inc has had preliminary talks with Mexican brewer Grupo Modelo SAB de CV about a possible tie-up that could thwart an unsolicited takeover bid by InBev NV , the Wall Street Journal reported on Thursday.
Read article Anheuser-Busch, Modelo in merger talks: report | Find news in Business
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Korea protests a proving ground for gadgets, geeks - 13, Jun 2008
SEOUL (Reuters) - When tens of thousands of Koreans converged in the center of Seoul on Tuesday for a mass protest against the new president, many were clutching two vital items: a candle and a mobile phone loaded with snazzy features.
Read article Korea protests a proving ground for gadgets, geeks | Find news in Technology
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Qualcomm lifts outlook on advanced phone demand - 13, Jun 2008
NEW YORK (Reuters) - Wireless chip developer Qualcomm Inc raised its outlook for the June quarter and full year on Thursday amid higher demand for advanced mobile phones, sending its shares up 5.5 percent.
Read article Qualcomm lifts outlook on advanced phone demand | Find news in Technology
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Canada to overhaul copyright laws for digital age - 13, Jun 2008
OTTAWA (Reuters) - Canadians will be allowed to copy legally acquired music to their iPods and computers but would be banned from getting around any digital locks that companies might apply, under new legislation introduced in Parliament on Thursday.
Read article Canada to overhaul copyright laws for digital age | Find news in Technology
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US FCC head has doubts on state wireless oversight - 13, Jun 2008
WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission on Thursday voiced doubts about differing state regulations covering mobile phones as the agency considers what to do about controversial early-cancellation fees.
Read article US FCC head has doubts on state wireless oversight | Find news in Technology
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US detector sniffs out biological, chemical threats - 13, Jun 2008
WASHINGTON (Reuters) - A new kind of mass spectrometer can sniff out biological, chemical and nuclear threats, all at virtually the same time, U.S. government researchers said on Thursday.
Read article US detector sniffs out biological, chemical threats | Find news in Technology
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Wii Fit finding its way into rehab - 13, Jun 2008
NEW YORK (Reuters Health) - Injured athletes may find themselves playing Nintendo's Wii Fit as part of their rehabilitation.
Read article Wii Fit finding its way into rehab | Find news in Technology
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Yahoo-Microsoft talks fail, Google deal expected - 13, Jun 2008
SAN FRANCISCO/SEATTLE (Reuters) - Yahoo Inc and Microsoft Corp have failed to agree on a partnership or merger, the companies said on Thursday, sending Yahoo shares down 13 percent.
Read article Yahoo-Microsoft talks fail, Google deal expected | Find news in Technology
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Indonesian firm denies drilling caused mud volcano - 12, Jun 2008
JAKARTA (Reuters) - A volcano that started spewing hot mud in Indonesia two years ago displacing more than 50,000 people was triggered by tectonic activity, experts working for the energy firm blamed by some for the disaster said on Thursday.
Read article Indonesian firm denies drilling caused mud volcano | Find news in Science
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Screen Actors Guild challenges rival union's pact - 12, Jun 2008
LOS ANGELES (Hollywood Reporter) - The Screen Actors Guild on Wednesday continued its campaign against a rival actors' union's tentative contract with Hollywood producers.
Read article Screen Actors Guild challenges rival union's pact | Find news in Entertainment
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Du Toit to compete in both Paralympics and Olympics - 12, Jun 2008
JOHANNESBURG (Reuters) - Swimmer Natalie du Toit will compete in the Olympics and the Paralympics at the Beijing Games after she was named in South Africa's team on Thursday.
Read article Du Toit to compete in both Paralympics and Olympics | Find news in Sport
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"Hulk" delivers the action goods - 12, Jun 2008
LOS ANGELES (Hollywood Reporter) - It turns out Marvel Studios knows how to make solid movies out of Marvel Comics.
Read article "Hulk" delivers the action goods | Find news in Entertainment
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Woods set to launch title bid at Torrey Pines - 12, Jun 2008
SAN DIEGO (Reuters) - Twice champion Tiger Woods prepared to launch his bid for a 14th major title as the 108th U.S. Open began in overcast but dry conditions at Torrey Pines on Thursday.
Read article Woods set to launch title bid at Torrey Pines | Find news in Sport
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Americans scramble to lock in next year's heatoil - 12, Jun 2008
NEW YORK (Reuters) - Americans looking past a painful summer at the gas pump toward next winter are scrambling to lock in heating oil at current near-record prices for fear of a worsening energy spike -- but the dealers aren't offering.
Read article Americans scramble to lock in next year's heatoil | Find news in HotNews
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Donors pledge over $16 billion for Afghanistan - 12, Jun 2008
PARIS (Reuters) - Donors led by the United States pledged more than $16 billion in aid for Afghanistan on Thursday but said Kabul must do more to fight corruption and the international assistance must be better coordinated.
Read article Donors pledge over $16 billion for Afghanistan | Find news in HotNews
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Boy Scouts among dead as tornadoes hit Midwest - 12, Jun 2008
DES MOINES, Iowa (Reuters) - Tornadoes killed four teenagers at a Boy Scout camp in Iowa and two people in Kansas as more than 30 twisters ripped through the U.S. Midwest, authorities said on Thursday.
Read article Boy Scouts among dead as tornadoes hit Midwest | Find news in HotNews
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Zimbabwe opposition leader Tsvangirai released: MDC - 12, Jun 2008
HARARE (Reuters) - Zimbabwe opposition leader Morgan Tsvangirai has been released after being detained for two hours by police on Thursday, his Movement for Democratic Change (MDC) said.
Read article Zimbabwe opposition leader Tsvangirai released: MDC | Find news in HotNews
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Corn sets record high as floods hit U.S. crops - 12, Jun 2008
LONDON (Reuters) - Corn prices soared to record highs on Thursday as flooding damaged crop prospects in the U.S. Midwest, heightening concern over shrinking stocks and fuelling the market's relentless advance.
Read article Corn sets record high as floods hit U.S. crops | Find news in Business
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Thornburg Mortgage posts $3.31 billion loss - 12, Jun 2008
BANGALORE (Reuters) - Thornburg Mortgage Inc , a specialist in jumbo home loans that nearly went bankrupt in March, on Thursday posted a $3.31 billion first-quarter loss as the value of mortgages and other securities it owns plummeted.
Read article Thornburg Mortgage posts $3.31 billion loss | Find news in Business
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GM Europe chief sees sales slumping - 12, Jun 2008
NEW YORK (Reuters) - General Motors Corp's head of European operations said rising oil prices, high commodity costs and the strength of the euro could drive European sales down to levels not seen in decades.
Read article GM Europe chief sees sales slumping | Find news in Business
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Invitrogen to buy Applied Biosystems for $6.7 bln - 12, Jun 2008
NEW YORK (Reuters) - Invitrogen Corp plans to buy Applied Biosystems Inc in a deal valued at $6.7 billion to form a massive provider of research tools for the life sciences industry, the companies said on Thursday.
Read article Invitrogen to buy Applied Biosystems for $6.7 bln | Find news in Business
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Stocks jump on spending hopes, oil, M&A - 12, Jun 2008
NEW YORK (Reuters) - Stocks rose on Thursday after government data pointed to strength in consumer spending, calming worries about the profit outlook, while news of a multibillion-dollar takeover bid in the brewing sector boosted optimism about share valu
Read article Stocks jump on spending hopes, oil, M&A | Find news in Business
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InBev courts Anheuser-Busch with mega-bid - 12, Jun 2008
BRUSSELS (Reuters) - InBev began courting Anheuser-Busch owners and staff on Thursday and its stock rose strongly after it made a $46.3 billion bid to add Budweiser to its own Stella Artois and Beck's beers and create the world's largest brewer.
Read article InBev courts Anheuser-Busch with mega-bid | Find news in Business
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Lehman Brothers demotes CFO Callan, names new COO - 12, Jun 2008
NEW YORK (Reuters) - Lehman Brothers Holdings Inc said on Thursday it demoted its chief financial officer and chief operating officer, days after the investment bank said it expected to post a $2.8 billion quarterly loss.
Read article Lehman Brothers demotes CFO Callan, names new COO | Find news in Business
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May retail sales rise, helped by rebate checks - 12, Jun 2008
WASHINGTON (Reuters) - Sales at U.S. retailers rose a much stronger-than-expected 1 percent in May as many consumers had more spending cash in their wallets from government tax rebate checks, a report on Thursday showed.
Read article May retail sales rise, helped by rebate checks | Find news in Business
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Obama launches Web site to fight rumors - 12, Jun 2008
WASHINGTON (Reuters) - Democratic presidential candidate Barack Obama has launched a Web site to dispel rumors about his faith and patriotism and his wife's views on race that have dogged his candidacy for more than a year.
Read article Obama launches Web site to fight rumors | Find news in Internet
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Top EU court pricks O2 bubbles challenge - 12, Jun 2008
LUXEMBOURG (Reuters) - A rival of British mobile phone operator O2 is free to use pictures of bubbles in advertisements -- as O2 does -- unless doing so confuses consumers, the European Union's top court said on Thursday.
Read article Top EU court pricks O2 bubbles challenge | Find news in Technology
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EU to issue guidelines on telecoms investments - 12, Jun 2008
LUXEMBOURG (Reuters) - The European Commission will issue guidelines for the telecoms industry on ensuring a fair return on investment and sharing infrastructure, the European Union executive's telecoms chief said on Thursday.
Read article EU to issue guidelines on telecoms investments | Find news in Technology
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U.S. still tops world on science and tech - 12, Jun 2008
WASHINGTON (Reuters) - The United States retains its global preeminence in science and technology, with a big boost from foreign students, scientists and engineers, a RAND Corporation report issued on Thursday said.
Read article U.S. still tops world on science and tech | Find news in Technology
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Video game addicts are not shy nerds - 12, Jun 2008
SYDNEY (Reuters) - Playing video games for hours on end may be bad for your health, but, according to an Australian study, it doesn't mean you are a lonely nerd and won't damage your social skills.
Read article Video game addicts are not shy nerds | Find news in Technology
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Water squabbles irrigate tensions in Central Asia - 12, Jun 2008
VAKHDAT, Tajikistan (Reuters) - Under a scorching sun, an exhausted Tajik woman looks at a drying trickle of irrigation water running across her cotton field.
Read article Water squabbles irrigate tensions in Central Asia | Find news in Science
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New-style bird flu vaccine shows promise - 12, Jun 2008
WASHINGTON (Reuters) - A new-style bird flu vaccine made using monkey cells instead of chicken eggs appears to be safe and effective, corporate researchers reported on Wednesday.
Read article New-style bird flu vaccine shows promise | Find news in Science
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"Yummy Mummy" author says chick lit isn't bad - 12, Jun 2008
SYDNEY (Reuters) - Author Polly Williams found herself quickly branded as a "chick lit" writer after her debut novel "The Yummy Mummy" became an overnight sensation, but she says it's not a bad label.
Read article "Yummy Mummy" author says chick lit isn't bad | Find news in Entertainment
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"Grey's Anatomy" co-star Heigl bows out of Emmy race - 12, Jun 2008
LOS ANGELES (Reuters) - Actress Katherine Heigl, a surprise Emmy winner last year for her role on hit TV drama "Grey's Anatomy," has bowed out of this year's race in an apparent swipe at producers for diminishing her presence on the series.
Read article "Grey's Anatomy" co-star Heigl bows out of Emmy race | Find news in Entertainment
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Portugal through, Swiss out of Euro 2008 on dramatic day - 12, Jun 2008
VIENNA (Reuters) - Portugal became the first team into the Euro 2008 quarter-finals while co-hosts Switzerland went out in heart-breaking circumstances after two action-packed Group A matches on Wednesday.
Read article Portugal through, Swiss out of Euro 2008 on dramatic day | Find news in Sport
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Lakers' Pau Gasol is living a dream in the NBA Finals - 12, Jun 2008
LOS ANGELES (Reuters) - The life of Pau Gasol improved dramatically in February when he heard the words, "you've been traded."
Read article Lakers' Pau Gasol is living a dream in the NBA Finals | Find news in Sport
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Celtics' Garnett needs to emerge from slump, says coach - 12, Jun 2008
LOS ANGELES (Reuters) - Kevin Garnett needs to emerge from his scoring slump in the NBA finals if the Boston Celtics are going to win their record 17th title, Coach Doc Rivers said Wednesday.
Read article Celtics' Garnett needs to emerge from slump, says coach | Find news in Sport
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Verlander helps Tigers overcome White Sox - 12, Jun 2008
DETROIT (Reuters) - Justin Verlander returned to form with a solid display to throw his third career complete game in helping the Detroit Tigers shut down the Chicago White Sox 5-1 on Wednesday.
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Israel urged to bare findings in journalist's death - 12, Jun 2008
WASHINGTON (Reuters) - The Committee to Protect Journalists on Wednesday called on Israel to release findings of an army investigation into the killing of a Reuters cameraman in the Gaza Strip in April.
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Bush to press Berlusconi on Iran and Afghanistan - 12, Jun 2008
ROME (Reuters) - U.S. President George W. Bush will urge Italian Prime Minister Silvio Berlusconi as an old ally on Thursday to take a tougher stand over Iran's nuclear program and expand Italy's military role in Afghanistan.
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China and Taiwan start talks but avoid politics - 12, Jun 2008
BEIJING (Reuters) - China and Taiwan began talking for the first time in almost a decade on Thursday, though the two often bitter diplomatic rivals are focusing on just a few practical issues and avoiding sensitive political problems.
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Tornado kills four at Iowa boy scout camp - 12, Jun 2008
DES MOINES, Iowa (Reuters) - Four people were killed and at least 20 injured when a tornado tore through an Iowa boy scout camp on Wednesday, where dozens of scouts were gathered for a summer retreat, state officials said.
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Lehman shares plummet amid write-down fears - 12, Jun 2008
NEW YORK (Reuters) - Shares of Lehman Brothers plunged 13.6 percent on Wednesday, bringing their total loss in the past four days to more than 25 percent, on concerns about the potential for further write-downs and investors' declining confidence in the
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InBev offers $46.3 billion to buy Anheuser-Busch - 12, Jun 2008
NEW YORK (Reuters) - InBev NV has launched a $46.3 billion bid to buy Anheuser-Busch Cos Inc as it seeks to create the world's largest brewer with the biggest ever takeover of an alcoholic drinks company.
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