IRS chief declines to identify employees involved in scandal
WASHINGTON - The outgoing head of the U.S. Internal Revenue Service angered Republican lawmakers on Friday by resisting their demands that he identify who at the tax-collection agency had inappropriately targeted conservative groups for extra scrutiny.
Commuter trains collide in Connecticut, injuring up to 60 people
FAIRFIELD, Connecticut - A commuter train traveling eastbound from New York City derailed near the Connecticut suburb of Fairfield during the evening rush hour on Friday and collided with a westbound commuter train, injuring up to 60 people, three critically, officials said.
Obama loses battle over Benghazi disclosures
WASHINGTON - President Barack Obama's White House fought and lost a battle to avoid making public what it claimed were confidential records of internal deliberations over the attack on a U.S. diplomatic post in Benghazi, Libya last September. Full Article
SAC backtracks on government cooperation
NEW YORK - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation. Full Article
Senator calls for federal oil price fixing probe
LONDON/WASHINGTON - A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands and a key senator calling for the Justice Department to take action. Full Article
Nusra Front eclipsed by Iraq-based al Qaeda
BEIRUT - The most feared and effective rebel group battling President Bashar al-Assad, the Islamist Nusra Front, is being eclipsed by a more radical jihadi force whose aims go far beyond overthrowing the Syrian leader. Full Article
Toronto mayor denies smoking crack cocaine
TORONTO - Toronto Mayor Rob Ford denied allegations that he smoked crack cocaine. "Absolutely not true... It's ridiculous," Ford told reporters gathered outside his house before driving off in his SUV. Full Article | Video
America's Cup sailing on hold for risk review
SAN FRANCISCO - Clouds hung over the America's Cup sailing regatta on Friday after investigators asked the teams to temporarily halt practicing on blustery San Francisco bay following a deadly accident last week. Full Article
Commuter trains collide injuring up to 60 people
May 18 - Sixty people are injured when a commuter train travelling from New York City derails near the Connecticut suburb of Fairfield and collides with another train. Sarah Charlton reports.
Latest Headlines
Austerity is a moral issue
Europe’s economic turmoil is dragging the world economy down. Despite this destructive display of unnecessary masochism, many Americans still demand that the U.S. sequester be allowed to continue slashing at public spending. Commentary
Massive, open, online disruption
Massive, open, online classes are transforming higher education and saving students money. So why are so many administrators and professors scared? Because tech is about to disrupt their industry like it's changed so many others. Commentary
The radical force of 'Abenomics'
The financial arithmetic of Abenomics means that tolerable stagnation is no longer an option for Japan. Will the radical steps taken by the government be enough to fix the country's economy? Commentary
Washington-gate
An increasingly polarized Washington is devouring its own. Ceaseless, take-no-prisoners political warfare, not nefarious White House plots, ravages government. Commentary
Why the underwear-bomber leak infuriated Obama
It wasn't the substance of the AP story that exasperated the government, but that the AP found a source or sources that spilled information about an ongoing intelligence operation and that even grander leaks might surge into the press corps’ rain barrels. Commentary
‘Reset’ on Iran now
Evidence that sanctions are not achieving their purpose should give President Obama political breathing room to have negotiators put serious sanctions relief on the table – which could prove to be in America’s national security interest. Commentary
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Why plane orders really matter
Rebound or relapse? Breakingviews says planespotters know that the global economy could be heading for a fresh downturn. Video
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