U.S. readies massive toxic-debt plan

By Patrick M. Fitzgibbons NEW YORK (Reuters) - The U.S. government is preparing to mop up hundreds of billions of dollars in bad mortgage debt, after curbing short-selling and guaranteeing mutual funds in an effort to stabilize financial...

Obama breaks with controversial church

By Deborah Charles ABERDEEN, South Dakota (Reuters) - Democratic presidential front-runner Barack Obama said on Saturday he quit his Chicago church in the aftermath of inflammatory sermons that could become a lightning rod in the November...

Russia and China condemn U.S. missile shield plan

By Oleg Shchedrov BEIJING (Reuters) - China and Russia on Friday condemned the United States' plans to set up a missile defense system that Washington says is crucial to protecting the security of it and its allies. ''Both sides believe that...

Alaska to sue to block polar bear listing

By Yereth Rosen ANCHORAGE, Alaska (Reuters) - The state of Alaska will sue the U.S. government to stop the listing of the polar bear as a threatened species, arguing the designation will slow development in the state, Gov. Sarah Palin said on...

Israel sets demands in new Syrian peace track

By Jeffrey Heller JERUSALEM (Reuters) - Israel set terms for concluding a peace deal with Syria on Thursday, closing ranks with Washington in demanding Damascus distance itself from Iran and stop supporting Palestinian and Lebanese militants. Coord...

Clinton nearly $30 million in debt at end of April

WASHINGTON (Reuters) - Hillary Clinton's presidential bid fell deeper in debt in April despite a strong fundraising effort in her increasingly unlikely effort to defeat rival Barack Obama for the Democratic nomination, campaign finance records...

FACTBOX: Why does Hillary Clinton keep running?

(Reuters) - Hillary Clinton has shrugged off calls to drop out of the U.S. Democratic presidential race and said she will keep running ''until there is a nominee.'' But rival Barack Obama has opened an insurmountable lead in pledged delegates in their...

Microsoft not bidding to buy Yahoo: CEO Ballmer

By Ari Rabinovitch HERZLIYA, Israel (Reuters) - Microsoft Corp is not looking to bid to buy all of Yahoo Inc but is in talks about other types of deals with the U.S. No. 2 search engine, Microsoft CEO Steve Ballmer said on Wednesday. ''We are not...

Some U.S. detainees drugged for deportation: report

WASHINGTON (Reuters) - The U.S. government has injected hundreds of foreigners it has deported with dangerous psychotropic drugs against their will, The Washington Post reported on Wednesday, citing medical records, internal documents and interviews...

Clinton urges Bush to boycott Beijing Olympics

WASHINGTON (Reuters) - U.S. Democratic presidential candidate Hillary Clinton urged President George W. Bush on Monday to boycott the Beijing Olympics opening ceremonies this summer unless China improves human rights. Clinton, in a statement, cited...

Venezuela to take over top foreign cement companies

By Enrique Andres Pretel CARACAS (Reuters) - Venezuela will take a majority stake in top foreign cement companies' assets in a renewed nationalization drive, the government said on Monday, a move expected to reinforce a tough climate for...

Yahoo rebuffs Microsoft, says open to better deal

By Franklin Paul NEW YORK (Reuters) - Yahoo Inc (YHOO.O: Quote, Profile, Research), responding to a three-week deadline issued by Microsoft Corp (MSFT.O: Quote, Profile, Research) to accept its $42 billion takeover bid, again rejected the deal for...

Chaotic Olympic torch relay called off in Paris

By Thierry Leveque PARIS (Reuters) - Chinese officials called off a chaotic relay of the Olympic torch through Paris on Monday after thousands of pro-Tibet protesters tried to block its path and the flame had to be extinguished at least...

Clintons made $109 million since 2000

By John Whitesides, Political Correspondent WASHINGTON (Reuters) - Democrat Hillary Clinton and her husband, former President Bill Clinton, have made $109 million since leaving the White House, including $51 million in speech income for Bill...

Clintons made $109 million since 2000, returns show

By John Whitesides, Political Correspondent WASHINGTON (Reuters) - Democrat Hillary Clinton and her husband, former President Bill Clinton, have made $109 million since leaving the White House, including $51 million in speech income for Bill...

Bush seeks to salvage legacy at NATO and Putin summits

By Matt Spetalnick WASHINGTON (Reuters) - President George W. Bush left on Monday for his farewell NATO summit and a final heads-of-state meeting with Russia's Vladimir Putin in a bid to salvage a foreign policy legacy frayed by the Iraq...

Nipple rings fall foul of airport check

By Dan Whitcomb LOS ANGELES (Reuters) - A woman who claims she was ordered by federal airport screeners to remove her nipple rings with pliers demanded an apology from the U.S. Transportation Security Administration on Thursday. Mandi Hamlin, 37,...

Thinking the unthinkable: what if it's not that bad

By Mike Dolan - Analysis LONDON (Reuters) - Maybe, just maybe, the financial world is not about to implode. Such is the level of disaster mongering surrounding the latest phase of the eight-month-old credit crisis that you could be forgiven for...

Voice on Qaeda message is bin Laden: U.S. official

WASHINGTON (Reuters) - The CIA is confident that the voice is genuine in a message on Wednesday purported to be from al Qaeda leader Osama bin Laden, a U.S. intelligence official said on Thursday. The official described the content of the message as...

Bottoming process begins with Bear, not bear market

By Jennifer Ablan - Analysis NEW YORK (Reuters) - Less than a week ago, it seemed like the sky was falling on Wall Street when the spectacular unraveling of investment bank Bear Stearns (BSC.N: Quote, Profile, Research) sent financial markets,...

House passes spy bill and rejects phone immunity

By Thomas Ferraro WASHINGTON (Reuters) - The House of Representatives defied President George W. Bush on Friday and passed an anti-terrorism spy bill that permits lawsuits against phone companies. But the 213-197 vote was far short of the...

YouTube lets developers build their own YouTubes

By Eric Auchard SAN FRANCISCO (Reuters) - YouTube, Google Inc's popular video sharing site, is giving away tools that let Web developers tap the underlying database functions of YouTube, in effect allowing users to build their own YouTubes. The...

Buffett says U.S. in recession

NEW YORK (Reuters) - Warren Buffett on Monday said the U.S. economy is in recession and that ''stocks are not cheap.'' Speaking on CNBC television, Buffett also said he is no longer offering to guarantee $800 billion of municipal bonds backed by MBIA...

Let's play financial markets Whack-a-Mole: James Saft

(James Saft is a Reuters columnist. The opinions expressed are his own) By James Saft LONDON (Reuters) - Monoline insurers seem, perhaps, to have stepped back from the brink, but on this you can rely: they will not be the last or most serious...

Google offers team Web site publishing service

By Eric Auchard SAN FRANCISCO (Reuters) - Google Inc said on Wednesday it is offering a simple Web site publishing tool for office workers to set up and run their team collaboration sites, taking aim at Microsoft Corp's rival SharePoint...

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