Danielle Stephan holds boyfriend Thomas Layton as they pause between salvaging through the remains of a family member's home one day after a tornado devastated the town Moore, Oklahoma, in the outskirts of Oklahoma City May 21, 2013. Rescuers went building to building in search of victims and thousands of survivors were homeless on Tuesday after a massive tornado tore through the Oklahoma City suburb of Moore, wiping out whole blocks of homes and killing at least 24 people. REUTERS/Adrees Latif

Whole neighborhoods razed by tornado that killed 24

By Carey Gillam and Ian Simpson, 7:30pm EDT

MOORE, Oklahoma - Rescuers went building to building in search of victims and thousands of survivors were homeless a day after a massive tornado tore through a suburb of Oklahoma City, wiping out whole blocks and killing at least 24.  Full Article | Live Coverage 

Senate panel passes immigration bill; Obama praises move 9:23pm EDT

WASHINGTON - A Senate panel on Tuesday approved legislation to give millions of illegal immigrants a path to citizenship, setting up a spirited debate next month in the full Senate over the biggest changes in immigration policy in a generation.
Men are silhouetted against a video screen with an Apple logo as they pose with an Apple iPhone 4 smartphone in this photo illustration taken in the central Bosnian town of Zenica, May 17, 2013. REUTERS/Dado Ruvic
Technology

The Irish loophole behind Apple's low tax bill

By Tom Bergin

LONDON - Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. Apple's arrangements dates back over 30 years.  Full Article 

Hedge fund manager Steven A. Cohen, founder and chairman of SAC Capital Advisors, responds to a question during a one-on-one interview session at the SkyBridge Alternatives (SALT) Conference in Las Vegas, Nevada in this May 11, 2011, file photo. REUTERS/Steve Marcus/Files
Business

One SAC investor unfazed by scandal

By Svea Herbst-Bayliss and Sam Forgione

BOSTON/NEW YORK - As federal prosecutors circle Steven A. Cohen's $15 billion hedge fund in a long-running insider trading probe, one financial adviser in Texas is so devoted to the billionaire investor that he may give him more money.  Full Article 

The logos of Sony Corp. are seen at an electronic store in Tokyo in this February 6, 2013 file photo. REUTERS/Shohei Miyano/Files
Japan

Is Sony un-Japanese enough to change?

By Tim Kelly

TOKYO - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors long-standing ties with banks, business partners and workers rather than shareholders seeking value.  Full Analysis 

Candles, flowers and messages sit in a makeshift memorial for the late Mark Carson, a 32-year-old gay man who was shot and killed on May 17 at the corner of 6th Avenue and West 8th street, on the sidewalk at the site of his murder in New York City, May 20, 2013. REUTERS/Mike Segar
U.S.

New York City seeing spike in anti-gay crime

By Jonathan Allen

NEW YORK - New York City is seeing a spike in anti-gay attacks, with two assaults coming within days of a fatal shooting over the weekend. The city's police commissioner said there have been 29 anti-gay attacks this year, up from 14 in the same period in 2012.  Full Article 

Opinion

Bethany McLean

How much does Jamie Dimon matter?

By Bethany McLean

To his supporters, he’s the personification of everything that’s best about the financial system. But to detractors, he’s the personification of all that’s wrong with modern banking — the arrogance, the resistance to new regulation, the astronomical pay in the face of obvious mistakes.  Commentary 

Opinion

Gary Regenstreif

What Hollande can learn from Queen of Hearts

By Gary Regenstreif

So far there has been little to show for his economic policies. Some actions have backfired and others have not gone far enough.  Commentary 

Opinion

Glenn Hubbard and Tim Kane

U.S. power: Down but still unrivaled

By Glenn Hubbard and Tim Kane

Beijing does not threaten to counterbalance U.S. power as gravely as America’s economy threatens to become imbalanced on its own.  Commentary 

Opinion

John Lloyd

The European Union's unending quandary

By John Lloyd

As recession deepens in the euro zone, the political questions about what comes next are resurfacing.  Commentary 

Opinion

Bill Schneider

Party opinion usurps public opinion

By Bill Schneider

We are witnessing the slow death of public opinion in this country. It’s being displaced by party opinion. Elections today are less and less about persuasion and more and more about mobilization: You rally your supporters in order to beat back your opponents.  Commentary 

Opinion

Jack Shafer

What was James Rosen thinking?

By Jack Shafer

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 

REUTERS TV

Robin Li, founder and chief executive of Chinese search engine Baidu, speaks about cloud computing at the Baidu technology innovation conference in Beijing September 3, 2012. REUTERS/David Gray

The Tumblr effect

Frothy tech valuations are not limited to U.S. High-stakes deals are growing in China too.  Video