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Updated: 14 years 24 weeks ago
Trial opens for accused NY airport bomb plotters
NEW YORK (Reuters) - Two accused Islamist extremists were all bluster and no substance, their defense attorneys said in opening statements on Wednesday at a trial on charges they planned to bomb a New York airport.
Categories: Science News
Obama: Pressing China on currency to make trade fair
RACINE, Wisconsin (Reuters) - U.S. President Barack Obama on Wednesday maintained pressure on China to ensure its currency policy did not give it an unfair export advantage.
Categories: Science News
Fed officials see high unemployment for years
CHICAGO (Reuters) - Unemployment is likely to stay high for a long time, two Federal Reserve officials said on Wednesday, suggesting the U.S. central bank is in no rush to raise its ultra-low interest-rate policy.
Categories: Science News
Special Report: BP oil spill a gusher for lawyers
NEW YORK (Reuters) - From a legal perspective, BP's Deepwater Horizon blowout and the 1989 grounding of the Exxon Valdez are in many respects night and day.
Categories: Science News
Russia and U.S. downplay spy case; suspect on run
MOSCOW (Reuters) - Russian and the United States sought to shield improving ties from fallout in a Cold War-style espionage case on Wednesday, while a key suspect went missing after jumping bail in Cyprus.
Categories: Science News
Ex-AIG's Cassano says bailout was too generous
WASHINGTON (Reuters) - The former head of the AIG unit that nearly crippled the insurer said the 2008 taxpayer bailout of up to $182 billion was too generous to customers like Goldman Sachs.
Categories: Science News
Strong earthquake hits Mexico, no casualties
MEXICO CITY (Reuters) - A strong 6.2-magnitude earthquake struck southern Mexico early on Wednesday, shaking buildings as far away as Mexico City but not causing serious damage or casualties.
Categories: Science News
Taliban raid foreign airbase in east Afghanistan
JALALABAD, Afghanistan (Reuters) - Foreign forces repulsed a Taliban raid against their biggest airbase in eastern Afghanistan on Wednesday, the NATO-led alliance said, killing several insurgents while suffering two casualties.
Categories: Science News
Google faces pressure as China to decide on license
SHANGHAI (Reuters) - Google Inc could face further pressure for its other products in China as Beijing is due to decide whether or not to renew a license for the firm's flagship search engine in the world's largest Internet market.
Categories: Science News
Russia says spy scandal won't damage U.S. ties: report
MOSCOW (Reuters) - Russia's Foreign Ministry on Wednesday said that the U.S. arrests of suspects in an alleged Russian spy ring would not have a negative impact on Russian-U.S. relations, Interfax news agency reported.
Categories: Science News
U.S. Attorney General in Kabul for graft talks
KABUL (Reuters) - The United States sent its most senior law enforcement official to Afghanistan on Wednesday to help rein in graft in one of the world's most corrupt nations and at a sensitive time for Washington's policies in Kabul.
Categories: Science News
Hurricane Alex spins past oil rigs toward Mexico
PLAYA BAGDAD, Mexico (Reuters) - Hurricane Alex picked up strength in the Gulf of Mexico as it headed for land on Wednesday, flooding parts of the Mexican coast but staying clear of oil fields to the relief of crude markets.
Categories: Science News
House passes landmark financial reform bill
WASHINGTON (Reuters) - The U.S. House of Representatives on Wednesday approved a landmark overhaul of financial regulations but the Senate put off action until mid-July, delaying a final victory for President Barack Obama.
Categories: Science News
CNN mainstay Larry King quitting after 25 years
LOS ANGELES (Reuters) - Larry King, the CNN personality known for his nonconfrontational interviews, colorful suspenders and complicated personal life, said on Tuesday he would end his talk show in the fall after a 25-year reign as a key promotional stop for the rich and famous.
Categories: Science News
BP relief well weeks away, hurricane hurts cleanup
HOUSTON/WASHINGTON (Reuters) - A relief well that might divert the gushing Gulf of Mexico oil leak is still weeks from completion, a top U.S. official said on Wednesday, as the season's first Atlantic hurricane disrupted cleanup efforts.
Categories: Science News
Court pick Kagan sails through Senate hearing
WASHINGTON (Reuters) - With a series of quips and nimble sidesteps, U.S. Supreme Court nominee Elena Kagan deflected tough Republican questions on her views and judgment on Wednesday and sailed toward likely Senate confirmation.
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Gen. Petraeus confirmed as new U.S. Afghan commander
WASHINGTON (Reuters) - The U.S. Senate unanimously voted on Wednesday to confirm David Petraeus as commander of the troubled Afghan war, pinning U.S. hopes on the four-star general who helped turn around the conflict in Iraq.
Categories: Science News
Larry King to end CNN show in autumn after 25 years
LOS ANGELES (Reuters) - Broadcast veteran Larry King announced on Tuesday that he would be ending his nightly "Larry King Live" show on CNN this coming autumn after 25 years on television.
Categories: Science News
Obama to guarantee McChrystal a 4-star pension
WASHINGTON (Reuters) - President Barack Obama will guarantee former Afghanistan commander General Stanley McChrystal a four-star pension despite firing him last week over comments disparaging civilian leaders.
Categories: Science News
BofA reclaims top spot, ICBC leads profit: study
LONDON (Reuters) - Bank of America has leap-frogged U.S. rival JPMorgan to rank as the world's top bank in terms of capital strength while Industrial and Commercial Bank of China (ICBC) tops the profit league, according to a new study.
Categories: Science News