Jobless claims rise less than expected 8:32am EDT

WASHINGTON - The number of Americans filing new claims for unemployment benefits rose less than expected last week and remained near its pre-recession levels, offering further evidence of the economy's underlying strength.

Rescue ships take part in a rescue operation around South Korean passenger ship "Sewol" which sank in the sea off Jindo April 17, 2014.   REUTERS/Kim Kyung-Hoon

Hundreds still missing in Korea ferry accident

JINDO, South Korea - Rescuers fought rising winds, strong waves and murky waters as they searched for hundreds of people, mostly teenage schoolchildren, still missing after a South Korean ferry capsized more than 24 hours ago.  Full Article 

The Google logo is spelled out in heliostats (mirrors that track the sun and reflect the sunlight onto a central receiving point) during a tour of the Ivanpah Solar Electric Generating System in the Mojave Desert near the California-Nevada border February 13, 2014. REUTERS/Steve Marcus

Google, IBM results raise new questions

SAN FRANCISCO - Disappointing results from Google and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks.  Full Article 

A hydrogen nozzle is plugged into a Toyota Fuel Cell Hybrid Vehicle during the Toyota Advanced Technologies media briefing in Tokyo in this October 10, 2013 file photo.   REUTERS/Yuya Shino/Files

In green car race, Toyota adds muscle

TOYOTA CITY, Japan/IRVINE, California -Toyota is launching a hydrogen-powered car next year. The vehicle culminates a 20-year quest during which Toyota struggled first to get the technology to work and then to lower manufacturing costs.   Full Article 

China's President Xi Jinping attends a meeting at the European Commission headquarters in Brussels March 31, 2014.  REUTERS/Francois Lenoir

Xi to replace corrupt officials with loyalists

BEIJING - Chinese President Xi Jinping plans to use a purge of senior officials suspected of corruption to put his own men and reform-minded bureaucrats into key positions across the Communist Party, the government and the military, sources said.  Full Article 

The Bluefin-21 Autonomous Underwater Vehicle is craned over the side of the Australian Defence Vessel Ocean Shield in the southern Indian Ocean during the continuing search for the missing Malaysian Airlines flight MH370 in this picture released by the Australian Defence Force April 17, 2014. REUTERS/Australian Defence Force/Handout via Reuters

Search for jet refocuses on seafloor scans

SYDNEY/PERTH, Australia - A deep-sea drone had completed its much-anticipated first full scan of the seabed in the remote Indian Ocean, the team looking for the missing Malaysian jetliner said, as an air and surface search became less likely to yield results.  Full Article 

Edward Hadas

Don’t bother with share-based pay

Coca-Cola’s controversial share award scheme takes a bad idea to a foolish extreme.  Commentary 

Steven Brill

Obama and his Cabinet

Has 'aloof' become not just a shorthand description of Obama's personality, but also something that explains the shortcomings of his administration?   Commentary 

Neal Gabler

America: The anecdotal nation

When anecdotes and facts compete in America, the anecdotes usually wind up winning. This can be worrisome when it comes to communicating public policy.  Commentary 

Keith Koffler

Liberals are winning the language war

Are conservatives linguistically challenged? Or are they just naive enough to think they can win the battle of ideas with — ideas?  Commentary 

Hugo Dixon

How Greece can turn vice to virtue

The vicious cycle of two years ago is turning virtuous – see Athens' return to the bond market last week. As ever, the weak spot is politics.  Commentary