Obama limits drones, offers steps to close Guantanamo
WASHINGTON - In a speech on Thursday, President Barack Obama outlined plans to limit the use of drone strikes and took steps aimed at breaking a deadlock on closing the military prison at Guantanamo Bay, Cuba. Full Article
Obama limits use of U.S. drone strikes, offers steps to close Guantanamo
WASHINGTON - President Barack Obama outlined plans on Thursday to limit the use of U.S. drone strikes against extremists abroad and took steps aimed at breaking a deadlock on closing the Guantanamo Bay military prison.
Police arrest two more over London attack
LONDON - British police arrested two more people in a hunt for accomplices of two British men of Nigerian descent, who were accused of hacking a soldier to death on a London street in revenge for wars in Muslim countries. Full Article
Apple enjoyed Irish tax holiday from the start
SAN FRANCISCO/DUBLIN - Apple has operated almost tax-free in Ireland since 1980, welcomed by a government keen to bring jobs to what was then one of Europe's poorest countries, former company executives and Irish officials have said. Full Article
Large retailers sue Visa, MasterCard over fees
A group of U.S. retailers including Macy's and Target sued Visa and MasterCard, breaking off from a proposed $7.2 billion settlement reached last year over fees to process credit card transactions. Full Article
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Poor planning left Texas firefighters unprepared
WEST, Texas - The fertilizer-plant explosion that killed 14 and injured about 200 others in Texas last month highlights the failings of a U.S. federal law intended to save lives during chemical accidents, a Reuters investigation has found. Full Article | Related Story
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China urbanization plan hits spending roadblock
BEIJING - China's plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble. Full Article
Barred candidate calls Iranian leaders ignorant
DUBAI - Former president Akbar Hashemi Rafsanjani accused Iran's leadership of incompetence and ignorance just days after he was barred from standing in an election next month. Full Article
Police search homes after British soldier's murder
May 23 - Muslim leaders condemned the killing of a British soldier, calling it an "evil act" as police raided two homes connected to the suspects. Deborah Gembara reports.
Latest Headlines
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
Civil wars and Syria: lessons from history
Removing Assad would no more end the Syrian conflict than overthrowing Saddam Hussein in 2003 brought stability to Iraq. The U.S. must create a more integrated overall strategy, argue Michael O'Hanlon and Sean Zeigler. Commentary
Prosperity without power
Across the BRIC nations, frustrated members of the middle class are demanding change, but traditional power holders from Russia’s Vladimir Putin to India’s large political parties remain entrenched. Commentary
Apple, hypocrisy and stakeholder tax
Politicians are hypocrites when they complain about the cross-border tax strategies of Apple and other multinationals. But "hypocrisy is the tribute vice pays to virtue." It’s high time that companies admit taxes on profit are fair payments for the help that governments give them. Commentary
How much does Jamie Dimon matter?
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
What Hollande can learn from Queen of Hearts
So far there has been little to show for his economic policies. Some actions have backfired and others have not gone far enough. Commentary
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The secret to Lenovo's success
The plain-vanilla personal computer industry may be hurting, but Lenovo is raking in the cash. Here's how. Video
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