World News

Mon, May 21, 2012

Nasdaq seen struggling with aftermath of Facebook IPO

By John McCrank

NEW YORK (Reuters) - Nasdaq OMX faces short-term costs from its botched handling of Facebook shares on their first day of trading ...

Mon, May 21, 2012

Obama sketches four-pronged strategy for Europe, sees EU consensus

CHICAGO (Reuters) - U.S. President Barack Obama urged Europe on Monday to strengthen its defenses against financial market turmoil and recapitalize its banks as ...

Mon, May 21, 2012

Exclusive: U.S. envoy to Afghanistan to step down shortly

By Missy Ryan

CHICAGO (Reuters) - Veteran U.S. diplomat Ryan Crocker is expected to step down soon from his post as President Barack Obama ...

Mon, May 21, 2012

U.S. Senate approves tougher Iran sanctions

By Roberta Rampton and Susan Cornwell

WASHINGTON (Reuters) - The U.S. Senate unanimously approved on Monday a package of new economic sanctions on Iran ...

Mon, May 21, 2012

Exclusive: U.S. lets China bypass Wall Street for Treasury orders

By Emily Flitter

NEW YORK (Reuters) - China can now bypass Wall Street when buying U.S. government debt and go straight to the U ...

Mon, May 21, 2012

Former Rutgers student gets 30 days jail for bias crime

By Jonathan Allen

NEW BRUNSWICK, New Jersey (Reuters) - A former Rutgers University student was sentenced on Monday to 30 days in jail for a ...

Mon, May 21, 2012

Judge: No trial delay for ex-Penn State assistant coach

(Reuters) - A judge denied a motion on Monday to delay the start of the child sex-abuse trial of former Penn State University assistant football ...

Mon, May 21, 2012

Amid criticism, nuclear chief Jaczko resigns

By Roberta Rampton

WASHINGTON (Reuters) - Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday that he would resign, following a ...

Mon, May 21, 2012

Some investors still await confirmation on Facebook orders

By Jessica Toonkel

NEW YORK (Reuters) - Some customers of Fidelity Investments, Morgan Stanley and Charles Schwab are still waiting to see if their trades ...

Mon, May 21, 2012

Supreme Court to hear government eavesdropping appeal

By James Vicini

WASHINGTON (Reuters) - The Supreme Court agreed on Monday to hear an Obama administration appeal arguing that attorneys, journalists and human rights ...