World News

Wed, May 23, 2012

Knight Capital hit by Facebook loss, wants Nasdaq to pay

By John McCrank and Ashutosh Pandey

(Reuters) - Electronic trader Knight Capital Group said it suffered a pre-tax loss of $30 million to $35 million ...

Wed, May 23, 2012

Comments after EU leaders' summit

BRUSSELS (Reuters) - European leaders discussed ways to revive their economies on Wednesday night, with growth and jobs on the agenda along with the situation ...

Wed, May 23, 2012

Iran talks show common ground, disagreement: U.S.

BAGHDAD (Reuters) - A first day of talks between Iran and world powers about a nuclear program that the West suspects is aimed at nuclear ...

Wed, May 23, 2012

China activist worried about nephew's legal plight

By Maxim Duncan

NEW YORK (Reuters) - Blind Chinese activist Chen Guangcheng is worried his nephew will be subjected to a revenge show trial by ...

Wed, May 23, 2012

Housing market recovery gains traction

By Lucia Mutikani

WASHINGTON (Reuters) - The U.S. spring home-selling season got off to a strong start in April, with rising sales and prices ...

Wed, May 23, 2012

Chesapeake defends board to shareholders

(Reuters) - Chesapeake Energy Corp defended its board of directors in a letter to shareholders on Wednesday as investors push for governance changes at the ...

Wed, May 23, 2012

Fed's Bullard says orderly Greek exit possible

By Mark Felsenthal

ST. LOUIS (Reuters) - Greece could exit the euro zone without doing deep damage to the U.S. and European economies if ...

Wed, May 23, 2012

HP to lay off 27,000, profit slides 31 percent

By Poornima Gupta

SAN FRANCISCO (Reuters) - Hewlett Packard Co plans to lay off roughly 27,000 employees or about 8 percent of its workforce ...

Wed, May 23, 2012

Jury deals big blow to Oracle in Android case versus Google

By Dan Levine

SAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting ...

Wed, May 23, 2012

Piers Morgan "showed journalist how to hack phone"

By Kate Holton

LONDON (Reuters) - One of Britain's most respected journalists said on Wednesday that former tabloid newspaper editor Piers Morgan showed him ...