Yahoo joins growing list of bidders for Hulu: sources
LOS ANGELES/NEW YORK - Yahoo has submitted a formal proposal to buy Hulu, joining a growing list of bidders for the video service owned by News Corp and Walt Disney, two sources with knowledge of the bid told Reuters. Full Article
New York claims more proof of bank mortgage abuses
NEW YORK - New York Attorney General Eric Schneiderman said there is mounting evidence that Bank of America Corp, Wells Fargo and Co and other banks violated the terms of a settlement designed to end mortgage servicing abuses.
UK escorts Pakistan plane descent, arrests two
LONDON - British fighter jets escorted a Pakistan International Airlines passenger plane to Stansted Airport near London, where police went on board and arrested two men on suspicion of endangering an aircraft. Full Article
Jersey shore hopes Sandy won't dim summer
SEASIDE HEIGHTS, New Jersey - The New Jersey shore ushered in the unofficial start of summer, with businesses making last-minute preparations and officials declaring the resort towns ready for visitors seven months after Superstorm Sandy. Full Article
Taliban attack U.N. compound in Afghan capital
KABUL - Taliban militants launched a coordinated attack on a U.N. compound in the center of the Afghan capital, Kabul, setting off explosions and battling the security forces. Full Article
New bird flu may spread among humans: study
HONG KONG - The new H7N9 bird flu virus can be transmitted between mammals not only via direct contact but also in airborne droplets, and may be capable of spreading from person to person, Chinese and American researchers have found. Full Article
British security services in focus after attack
LONDON - Britain's security services faced questions over whether they could have done more to prevent the murder of a soldier hacked to death in a busy London street after it emerged that his suspected killers were known to intelligence officers. Full Article | Video
'Mistake' bans Russia's leading social network
MOSCOW - Russia's leading online social network was briefly banned, in a move dismissed as a "mistake" but which follows intensifying official pressure on the company as President Vladimir Putin consolidates his power. Full Article
Inside Latin America: Structural factors slowing Brazil down
May 24 - Shelly Shetty, Senior Director at Fitch's Sovereign Group says a global economic slowdown as well as Brazil's weak infrastructure and rigid labor markets are hindering an economic rebound in the nation.
Latest Headlines
Two cheers for the tech industry's goofy energy
It’s easy to dismiss Internet ecosystems as froth, whether in New York or Silicon Valley. Yet optimism and ambition are not just heady. They are essential for constructive change. Commentary
Obama's legacy could be moral, not political
Lately Obama seems like he's playing defense. One possible alternative, hinted at in a recent speech, is that Obama might take advantage of his prestige and moral authority to make the case for stronger American families. Commentary
Changing Assad’s calculus
Even as the international community discusses 'grand strategy,' Syrian President Bashar al-Assad is taking decisive action. Commentary
Some cracks in the technocrat cult
We are living in the age of the technocrats, but there are sound reasons why not to rely mechanically on technocratic solutions. That’s why it is worth reading a new paper by Daron Acemoglu of MIT and James Robinson of Harvard University. Commentary
Lessons of the London butchers
The cases of the butchers of London and the Boston bombers raise an even more fundamental question: What exactly is terrorism? Since 9/11, the central management of al Qaeda’s operation has been defeated and the duty to continue the Islamist fight has passed to individual jihadists. Commentary
The many interpretations of Ben Bernanke
The reaction to Federal Reserve Chairman Ben Bernanke's tediously familiar statement, and release of the equally repetitive minutes of the last Fed meeting, was some of the wildest gyrations seen in the world’s financial markets for months. Commentary
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China's next export: liquor
Western tipples have long been a hit with Chinese. But now China wants to give back. The fiery traditional spirit baijiu could be coming to a bar near you. Video
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