Many children among 91 feared dead in Oklahoma
MOORE, Oklahoma - At least 91 people, including 20 children, were feared killed when a 2-mile-wide tornado tore through an Oklahoma City suburb, trapping victims beneath the rubble as one elementary school took a direct hit and another was destroyed. Full Article
Dollar firms as Fed suspense builds, shares off highs
LONDON - The dollar edged up, gold steadied and European shares held near five-year highs on Tuesday as investors look out for U.S. Federal Reserve signals on the future of its stimulus program. | Video
IRS officials back on Capitol Hill hot seat
WASHINGTON - A Senate panel will try to pry more details out of current and former officials of the Internal Revenue Service about the agency's targeting of conservative groups for extra scrutiny when they sought tax-exempt status. Full Article
Apple, Congress spar over taxes
WASHINGTON/SAN FRANCISCO - In a memorandum released a day before Apple CEO Tim Cook testifies before Congress, a Senate committee revealed that the company uses an unusual tax structure to ensure that it pays little or no taxes to any government. Full Article
Israel fires back at Syria after troops attacked
JERUSALEM - Israeli troops shot at a target across the Syrian frontier in response to gunfire that struck its forces in the Golan Heights, the Israeli military said. Full Article
JPMorgan investors on edge over Dimon vote
TAMPA, Florida - As final ballots come in on a proposal to strip JPMorgan Chase Chairman and Chief Executive Jamie Dimon of his chairman title, some worry about what will happen if shareholders win what will likely be a close vote. Full Article
Yahoo's rise in Asia offsets risk from Tumblr bet
SAN FRANCISCO - Yahoo Inc Chief Executive Marissa Mayer's $1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Full Article | Video
Sovereign stakes in Russia VTB $3.3B issue to be equal - CEO
May 21 - Qatar, Norway and Azerbaijan, the three sovereign funds buying into Russian bank VTB's $3.3 bln share issue, will receive roughly equal stakes, CEO Andrey Kostin tells Reuters.
Latest Headlines
What was James Rosen thinking?
While I join the chorus of rage aimed at the excesses of a Department of Justice leak investigation that has criminalized the reporting of Fox News Channel’s James Rosen, I also wonder how much of Rosen’s trouble is of his own making. Commentary
Conservatives versus the GOP
The hoopla over the new George W. Bush Library in Dallas, as well as some gauzy looks back penned by former aides, shows we are in the middle of “The Great Bush Revisionism.” The former president is being lauded and congratulated. But for what? Commentary
For Russia, Syria is not in the Middle East
Moscow considers Syria different from its other allies in the Middle East because the outcome affects Russia's core strategic interests in the Mediterranean – including its global naval strategy and energy exports. Commentary
UK should get on front foot with City
Britain has been playing a defensive game in response to the barrage of misguided financial rules from Brussels. It now needs to sell the City as part of the solution to Europe's problems. The opportunity is huge. It could even help keep Britain in the EU. Commentary
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
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Question for JPMorgan shareholders
The issue as the big bank’s shareholders vote on splitting the chairman and CEO roles is less about corporate governance and more about whether they want to keep Jamie Dimon. Video
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