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Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.
Updated: 14 years 25 weeks ago

Scrap dollar as sole reserve currency: U.N. report

Tue, 2010-06-29 20:56
UNITED NATIONS (Reuters) - A new United Nations report released on Tuesday calls for abandoning the U.S. dollar as the main global reserve currency, saying it has been unable to safeguard value.


Categories: Science News

Crisis panel to examine Goldman, AIG ties

Tue, 2010-06-29 20:29
WASHINGTON (Reuters) - Goldman Sachs and bailed out insurer American International Group face a rough two days of questioning about the destructive relationship that contributed to the 2008 financial crisis.


Categories: Science News

House fails to pass unemployment aid extension

Tue, 2010-06-29 20:27
WASHINGTON (Reuters) - Republicans in the House of Representatives on Tuesday blocked a Democratic effort to extend unemployment benefits for the long-term unemployed.


Categories: Science News

Democrats hold slight edge in California races: poll

Tue, 2010-06-29 19:07
WASHINGTON (Reuters) - California Democratic candidates for the Senate and governor hold a narrow edge over their Republican opponents as voters worry about the economy with four months to go until the November elections, a Reuters/Ipsos poll found on Tuesday.


Categories: Science News

Rep. Kanjorski: financial regulation bill conference may reopen

Tue, 2010-06-29 17:52
WASHINGTON (Reuters) - A U.S. lawmaker said on Tuesday members of the conference crafting financial reform legislation may have to reopen debate over the measure to iron out last-minute objections to the bill.


Categories: Science News

Americans getting fatter, especially in the South

Tue, 2010-06-29 17:21
CHICAGO (Reuters) - Obesity rates climbed again last year with 28 U.S. states reporting adults are fatter now than a year ago, two advocacy groups said on Tuesday.


Categories: Science News

Iran says nuclear talks to resume with Brazil, Turkey

Tue, 2010-06-29 13:26
TEHRAN (Reuters) - Iran said on Tuesday it would soon resume nuclear talks with Turkey and Brazil -- a tentative first step back to international negotiations after Tehran was hit with a new wave of sanctions over its disputed nuclear work.


Categories: Science News

Vatican says not liable in U.S. sexual abuse case

Tue, 2010-06-29 11:48
VATICAN CITY (Reuters) - The Vatican, struggling to control the damage to its image from a sexual abuse scandal, said Tuesday it would prove it cannot be held legally responsible for a predatory priest in a pivotal U.S. lawsuit.


Categories: Science News

ECB seeks to calm markets as one-year drain looms

Tue, 2010-06-29 11:19
PARIS/MADRID (Reuters) - European Central Bank officials scrambled to reassure nervous markets on Tuesday that the expiry of nearly half a trillion euros of emergency loans would not hurt the banking system, though they acknowledged some individual banks might face strain.


Categories: Science News

Google tweaks China site in bid to keep license

Tue, 2010-06-29 09:26
SHANGHAI/BEIJING (Reuters) - Google Inc is tweaking its China website in a last-ditch effort to save its search business in the world's largest Internet market after butting heads with Beijing over Web censorship.


Categories: Science News

China fends off Obama pressure over North Korea

Tue, 2010-06-29 08:50
BEIJING (Reuters) - China on Tuesday rejected President Barack Obama's suggestion that it was hiding from the risks posed by North Korea, and said it felt the dangers on the divided Korean peninsula more deeply than Washington.


Categories: Science News

Supreme Court nominee Kagan defends recruiting stance

Tue, 2010-06-29 07:53
WASHINGTON (Reuters) - President Barack Obama's Supreme Court nominee Elena Kagan on Tuesday defended her decision to limit military recruiting at Harvard and rejected Republican charges she would be a liberal judicial activist.


Categories: Science News

Russia angry as U.S. seeks to limit spy fallout

Tue, 2010-06-29 05:24
MOSCOW/WASHINGTON (Reuters) - Moscow on Tuesday angrily rejected allegations by Washington that it had cracked an undercover Russian spy ring but U.S. officials said the Cold War-style cloak and dagger saga would not undermine a thaw in relations.


Categories: Science News

Democrats dump bank tax from financial reform bill

Tue, 2010-06-29 05:10
WASHINGTON (Reuters) - Democrats on Tuesday stripped out a controversial tax from their landmark financial reform bill in a scramble to win the votes needed to pass it through Congress.


Categories: Science News

Accused NY airport bomb plotter pleads guilty

Tue, 2010-06-29 05:06
NEW YORK (Reuters) - A Guyanese man accused in a plot to bomb a New York airport pleaded guilty on Tuesday to one charge of providing material support to terrorism.


Categories: Science News

Top general plays down Afghan war expectations

Tue, 2010-06-29 05:02
WASHINGTON (Reuters) - General David Petraeus, tapped to lead U.S. forces in Afghanistan, on Tuesday played down hopes for a swift turnaround after nine years of war and said he would consider tactical changes in the face of escalating violence.


Categories: Science News

North Korean heir apparent elected to assembly: reports

Tue, 2010-06-29 01:52
SEOUL (Reuters) - North Korean leader Kim Jong-il's son and handpicked heir has been elected to parliament but he will at best become a figurehead under a military-led collective leadership, news reports said on Tuesday quoting a source.


Categories: Science News

Bad weather stops some spill cleanup as Alex threatens

Tue, 2010-06-29 01:29
HOUSTON (Reuters) - Bad weather halted some clean-up efforts from the Gulf of Mexico oil spill on Tuesday as high winds and waves from a strengthening storm threatened to hamper plans to capture more of the crude gushing from the largest spill in U.S. history.


Categories: Science News

General McChrystal to retire from U.S. Army: official

Tue, 2010-06-29 01:26
WASHINGTON (Reuters) - General Stanley McChrystal, who President Barack Obama fired last week as the top U.S. and NATO commander in Afghanistan, has informed the U.S. Army he plans to retire, an official said on Monday.


Categories: Science News

Alex to become hurricane, delays oil spill efforts

Tue, 2010-06-29 01:22
CAMPECHE, Mexico (Reuters) - Tropical Storm Alex was set to strengthen into a hurricane on Tuesday, delaying BP Plc's efforts to increase siphoning capacity at the gushing oil well in the Gulf of Mexico where some companies evacuated workers.


Categories: Science News