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.
Obama faces hurdles ending 'war on terror'
WASHINGTON - President Obama wants to roll back some of the controversial aspects of the "war on terror," but efforts to alter the global fight against Islamist militants will face the usual hurdle at home: staunch opposition from Republicans in Congress. Full Article
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
U.S. Week Ahead: Inflation numbers could calm investors
May 24 - Friday's estimated sluggish inflation numbers could keep worries about Fed policy tightening at bay for now.
Latest Headlines
What war on the press?
The Obama administration's legal battering of the press, while real, hardly rises to the level of war. The leak crackdown - and there has been one - has been mostly on the supply side, in the bureaucracy where the government leakers dwell, and not the demand side in newsrooms. Commentary
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
 |
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
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
