In any scandal, lying to Congress is tough to prove
WASHINGTON, D.C. - Whatever political problems Lois Lerner may have escalated for the Obama administration in the scandal over IRS scrutiny of conservative groups, history suggests neither she nor any other Internal Revenue Service official is likely to face criminal charges related to congressional testimony. Full Article | Video
Shares sink on U.S. stimulus pullback, Chinese growth fears
LONDON - Share markets fell sharply on Thursday as investors piled back into safer assets, unnerved by the twin setbacks of unexpected weakness in China's economy and signals that the U.S. central bank may soon scale back its stimulus program.
UK seeks answers after soldier hacked to death
LONDON - British Prime Minister David Cameron convened an emergency meeting of his intelligence chiefs after two Islamists hacked a soldier to death with meat cleavers on a south London street. Full Article
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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
HP raises outlook as Whitman's plan takes hold
SAN FRANCISCO - Hewlett-Packard raised its 2013 earnings outlook after quarterly results beat low expectations, as CEO Meg Whitman's turnaround plan helped offset shrinking personal computer sales with enterprise computing services. 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
Crackdown on radical Islamists tests Tunisia
TUNIS - For the first time since the Arab Spring uprisings of 2011, relations between mainstream Islamists in government and radical Salafist Muslim activists have reached breaking point, sparking deadly clashes in two Tunisian cities. Full Article
Pfizer takes a shot at evasive superbug vaccine
CHICAGO - A microbiologist with at least two breakthrough vaccines to her name is turning her attention to taming the superbug MRSA, a drug-resistant bacterium that she has seen ravage a healthy man up close and personally. Full Article
Oklahoma tornado: the student's tale
May 23 - Nine-year-old student tells how he survived the tornado that reduced his school to rubble. Paul Chapman reports.
Latest Headlines
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
U.S. power: Down but still unrivaled
Beijing does not threaten to counterbalance U.S. power as gravely as America’s economy threatens to become imbalanced on its own. 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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