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| Private Manning acquitted of aiding enemy in WikiLeaks case Tuesday, Jul 30, 2013 11:04 AM PDT  By Medina Roshan FORT MEADE, Maryland (Reuters) - A military judge on Tuesday found U.S. soldier Bradley Manning not guilty of aiding the enemy - the most serious charge among many he faced for handing over documents to WikiLeaks. But Col. Denise Lind, in her verdict, found Army Private First Class Manning, 25, guilty of 19 of the other 20 criminal counts in the biggest breach of classified information in the nation's history. The U.S. ... Full Story | Top |
| Obama to propose 'grand bargain' Tuesday, Jul 30, 2013 11:28 AM PDT By Steve Holland CHATTANOOGA, Tennessee (Reuters) - President Barack Obama proposed a "grand bargain for middle-class jobs" on Tuesday that would cut the U.S. corporate tax rate and use billions of dollars in revenues generated by a business tax overhaul to fund projects aimed at creating jobs. His goal, as outlined in a speech at an Amazon.com Inc facility in southeast Tennessee, is to break through congressional gridlock by trying to find a formula that satisfies both Republicans and Democrats. ... Full Story | Top |
| Israel, Palestinians strive for peace deal within nine months Tuesday, Jul 30, 2013 12:42 PM PDT  By Arshad Mohammed and Lesley Wroughton WASHINGTON (Reuters) - Israeli and Palestinian negotiators on Tuesday gave themselves about nine months to try to reach an agreement on ending their conflict of more than six decades in U.S.-brokered peace talks. The two sides held their first peace negotiations in nearly three years in Washington on Monday and Tuesday, a diplomatic victory for Secretary of State John Kerry, but one that foreign policy analysts believe has low chances of success. ... Full Story | Top |
| Accused tipper to SAC hedge fund arrested in insider-trading probe Tuesday, Jul 30, 2013 12:24 PM PDT  By Emily Flitter and Dan Levine (Reuters) - A securities analyst accused of leaking secret information in 2009 about a potential partnership between Yahoo and Microsoft to an SAC Capital Advisors hedge fund manager and other traders was arrested and charged in California, prosecutors said on Tuesday. Sandeep Aggarwal, who worked as an analyst covering technology stocks before moving to India to start his own internet company, was arrested on Monday by FBI agents in San Jose while visiting the United States. ... Full Story | Top |
| Spanish train driver was on the phone at time of crash Tuesday, Jul 30, 2013 11:44 AM PDT  MADRID (Reuters) - The driver of the train that derailed in northwestern Spain last week, killing 79 people, was talking on the phone with state train operator Renfe at the time of the accident, a court said on Tuesday after analyzing the train's data recording devices. The initial reading of the so-called black boxes said driver Francisco Garzon received a call from Renfe minutes before the accident to discuss the path to Ferrol, the final destination for the high-speed train that departed from Madrid on Wednesday with 218 passengers aboard. ... Full Story | Top |
| EU regulator intensifies scrutiny of Google search results Tuesday, Jul 30, 2013 12:34 PM PDT  By Foo Yun Chee BRUSSELS (Reuters) - EU antitrust regulators sharpened their scrutiny of how Google ranks its web search results, asking rivals whether their lower rankings affected the number of visitors to their sites, a European Commission questionnaire showed. The two-page document seen by Reuters came after the EU competition authority demanded more concessions from the world's most popular search engine earlier this month to allay concerns that it blocks competitors in search results. ... Full Story | Top |
| Egypt allows EU envoy to see deposed president Tuesday, Jul 30, 2013 09:37 AM PDT By Maggie Fick and Matt Robinson CAIRO (Reuters) - Egypt allowed Europe's top diplomat to meet deposed Islamist president Mohamed Mursi on Monday, flying her after dark to Mursi's secret detention facility but ruling out any role for him in ending the turmoil convulsing the country. Catherine Ashton, the European Union's foreign policy chief, became the first outsider to see Mursi since he was deposed by the army on July 3, taken into detention and placed under investigation on charges including murder. ... Full Story | Top |
| Bloomberg's ban on big sodas is unconstitutional: appeals court Tuesday, Jul 30, 2013 10:58 AM PDT  By Joseph Ax NEW YORK (Reuters) - New York City Mayor Michael Bloomberg's controversial plan to keep large sugary drinks out of restaurants and other eateries was rejected by a state appeals court on Tuesday, which said he had overstepped his authority in trying to impose the ban. The law, which would have prohibited those businesses from selling sodas and other sugary beverages larger than 16 ounces (473 ml), "violated the state principle of separation of powers," the First Department of the state Supreme Court's Appellate Division said. ... Full Story | Top |
| Crackdown on risk hits Barclays, Deutsche Tuesday, Jul 30, 2013 12:06 PM PDT  By Steve Slater and Edward Taylor LONDON/FRANKFURT (Reuters) - A $9 billion rights issue and a fresh purge of assets are among the measures Britain's Barclays and Germany's Deutsche Bank announced on Tuesday to meet tougher rules on risk, raising concern among investors that regulators will push other European banks into similar action. Unlike their U.S. ... Full Story | Top |
| U.S. to investigate Afghan's accusations troops murdered civilians Tuesday, Jul 30, 2013 09:55 AM PDT  By Dylan Welch and Hamid Shalizi KABUL (Reuters) - The U.S. Army has launched an investigation into claims that its special forces abducted and killed Afghan civilians, allegations Washington has denied, a NATO spokeswoman said on Tuesday. The spokeswoman, U.S. Colonel Jane Crichton, said the commander of ISAF, the NATO-led force in Afghanistan, U.S. General Joseph Dunford, had ordered the investigation after an Afghan translator accused the U.S. soldiers had worked with. Accusations of U.S. ... Full Story | Top |
| U.S. to declassify documents on spy programs, surveillance court Tuesday, Jul 30, 2013 09:41 AM PDT  WASHINGTON (Reuters) - U.S. spy agencies plan to declassify documents about the National Security Agency surveillance programs revealed by former contractor Edward Snowden, and also material related to a secret intelligence court, a U.S. intelligence official said. The declassified documents could be released as early as this week and were intended to provide the public more information about the programs as part of a commitment by Director of National Intelligence James Clapper for more transparency, the official told Reuters on Tuesday on condition of anonymity. ... Full Story | Top |
| Al Qaeda affiliate claims responsibility for Iraq bombings Tuesday, Jul 30, 2013 08:17 AM PDT  BAGHDAD (Reuters) - An al Qaeda-affiliated group said it orchestrated a wave of car bombings across Iraq that killed at least 60 people on Monday in revenge for the mistreatment of the country's Sunni community. The Islamic State of Iraq and the Levant, which was formed earlier this year through a merger between al Qaeda's affiliates in Iraq and Syria, said in a statement posted online it had carefully selected its targets, which were mainly Shi'ites. ... Full Story | Top |
| Florida propane plant blast was likely accidental, fire chief says Tuesday, Jul 30, 2013 06:10 AM PDT  ORLANDO, Florida (Reuters) - A propane gas plant explosion in central Florida that injured seven workers, including at least three critically, was most likely caused by an accident, the fire chief for the town of Tavares said on Tuesday. "We don't think there was any act of sabotage or anything like that," the Orlando Sentinel quoted Fire Chief Richard Keith as saying. "It was probably a human or equipment error." Dozens of explosions rocked the Blue Rhino plant in Tavares on Monday night, sending columns of flames into the sky. ... Full Story | Top |
| Israelis, Palestinians to meet again within two weeks: Kerry Tuesday, Jul 30, 2013 09:20 AM PDT  WASHINGTON (Reuters) - Israeli and Palestinian negotiators will hold their next round of peace talks within the next two weeks in Israel or the Palestinian territories, U.S. Secretary of State John Kerry said on Tuesday. Kerry, speaking with the Israeli and Palestinian negotiators at his side, said this week's round of talks between the two sides were positive and constructive and he was convinced that they could make peace. The Israeli-Palestinian talks are the first in nearly three years. (Reporting By Arshad Mohammed; Editing by Bill Trott) Full Story | Top |
| Time Warner Cable teases CBS with blackout; then retreats Tuesday, Jul 30, 2013 06:10 AM PDT  By Liana B. Baker (Reuters) - Time Warner Cable Inc has agreed to keep the CBS network on the air in New York and Los Angeles until the end of the week after it briefly blacked out CBS's stations in some areas on Tuesday when the two sides failed to reach an agreement. Negotiations between CBS and Time Warner Cable continued after midnight in New York, according to a spokeswoman for the cable operator. The companies agreed to an extension with CBS until Friday, August 2, at 5 p.m. EDT. ... Full Story | Top |
| Mass jail break in Pakistan as Taliban gunmen storm prison Tuesday, Jul 30, 2013 04:04 AM PDT  By Saud Mehsud DERA ISMAIL KHAN, Pakistan (Reuters) - In an operation carried out with military-like precision, Taliban fighters disguised as police and armed with bombs broke 250 prisoners out of a Pakistan jail on Tuesday with the help of what appeared to be insider informants. The attack in the city of Dera Ismail Khan showed the ability of the al Qaeda-linked Pakistani Taliban to strike at the heart of Pakistan's heavily guarded prison system and walk away with dozens of senior Taliban fighters and commanders. ... Full Story | Top |
| Obama meets Israeli, Palestinian negotiators Tuesday, Jul 30, 2013 07:28 AM PDT  WASHINGTON (Reuters) - President Barack Obama met privately on Tuesday with lead Israeli and Palestinian negotiators the day after they restarted long-stalled peace negotiations in Washington, a White House official said. The meeting at the White House came after Israeli and Palestinian negotiators held their first peace talks in nearly three years on Monday in a U.S.-brokered effort that Secretary of State John Kerry hopes will end their conflict despite deep divisions. The negotiators held bilateral meetings on Tuesday at the State Department. ... Full Story | Top |
| Israeli-Palestinian talks begin amid deep divisions Tuesday, Jul 30, 2013 08:48 AM PDT  By Arshad Mohammed and Lesley Wroughton WASHINGTON (Reuters) - Israeli and Palestinian negotiators held their first peace talks in nearly three years on Monday in a U.S.-brokered effort that Secretary of State John Kerry hopes will end their conflict despite deep divisions. Top aides to Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas began the talks over an iftar dinner - the evening meal with which Muslims break their daily fast during Ramadan - hosted by Kerry at the State Department. ... Full Story | Top |
| Analysis: Orban turns foreign catcalls into Hungarian applause Tuesday, Jul 30, 2013 05:32 AM PDT  By Krisztina Than BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban has converted criticism heaped on him from abroad into a reputation at home as a plucky defender of national sovereignty that should help him to win re-election next year. At the European Commission, the International Monetary Fund and multi-national firms, Orban is often viewed as an unpredictable populist whose policies run counter to the behavior expected of a European leader. ... Full Story | Top |
| Second-quarter U.S. GDP to slow sharply on tax burden Tuesday, Jul 30, 2013 12:40 AM PDT  By Lucia Mutikani WASHINGTON (Reuters) - Economic growth probably slowed sharply in the second quarter, but its pace is unlikely to change views that the Federal Reserve will start trimming bond purchases later this year. Gross domestic product probably grew at a 1.0 percent annual rate after expanding at a 1.8 percent pace in the first quarter because government austerity and weak global demand weighed on the economy, according to a Reuters poll of economists. But there is a risk that growth undershoots expectations, with forecasts as low as a 0.4 percent rate. ... Full Story | Top |
| Two Swiss trains collide, 26 injured, driver found dead Monday, Jul 29, 2013 10:51 PM PDT  GRANGES-PRES-MARNAND, Switzerland (Reuters) - Two trains collided head-on in Switzerland late on Monday, injuring 26 people and killing the driver of one, police said. The driver's body was found overnight in the wreckage of the crash at Granges-près-Marnand in the canton of Vaud, police spokesman Jean-Christophe Sauterel said. He said it was too early to try to ascertain the cause of the crash. One of the injured was taken by helicopter to Lausanne. Others were treated on the spot by paramedics or taken to hospital by ambulance. ... Full Story | Top |
| Ohio man faces additional charges in murders of three women Tuesday, Jul 30, 2013 01:29 AM PDT  By Kim Palmer CLEVELAND (Reuters) - Accused serial killer Michael Madison faced additional charges on Monday in connection with the slayings of three women whose decomposing bodies were found wrapped in plastic bags around his suburban Cleveland home. Madison, 35, a convicted sex offender, already was charged with aggravated murder and kidnapping in a case reminiscent of 11 slayings committed several years ago by Anthony Sowell, one of Cleveland's most notorious mass murderers. A grand jury on Monday charged Madison with raping his victims and abusing their corpses. ... Full Story | Top |
| U.S. says JPMorgan manipulated market; settlement seen Monday, Jul 29, 2013 06:59 PM PDT  WASHINGTON (Reuters) - The U.S. power regulator outlined its case of market manipulation against JPMorgan Chase & Co on Monday as industry sources said a final settlement on the issue should come on Tuesday. Traders used improper bidding tactics in California and the Midwest to boost profits, officials said in a statement that brought to light some details of an extensive investigation. Reports of that probe have circulated for months and a deal with the regulator could put an end to a distraction for JPMorgan Chief Executive Jamie Dimon. The U.S. ... Full Story | Top |
| Murdoch's wife hires new lawyer in divorce case: New York Times Tuesday, Jul 30, 2013 02:18 AM PDT  (Reuters) - The wife of News Corp Chief Executive Rupert Murdoch, Wendi Murdoch, has switched lawyers in a move signaling that their divorce proceedings could take an acrimonious turn, the New York Times reported on Monday. Murdoch, 82, filed for divorce in June. He married the former Wendi Deng, 44, in 1999 in his third and her second marriage. They have two young daughters. ... Full Story | Top |
| Gunmen kill eight Tunisian troops as political tensions grow Monday, Jul 29, 2013 05:01 PM PDT  By Tarek Amara and Erika Solomon TUNIS (Reuters) - Gunmen killed at least eight Tunisian soldiers on Monday, staging the biggest attack on the security forces in decades as political tensions rose between supporters and opponents of the Islamist-led government. President Moncef Marzouki called the ambush on Mount Chaambi, near the Algerian border, a "terrorist attack" and announced three days of mourning. Tunisian troops have been trying to track down Islamist militants in the remote region since December. ... Full Story | Top |
| Second-quarter GDP to slow sharply on tax burden Monday, Jul 29, 2013 02:51 PM PDT  By Lucia Mutikani WASHINGTON (Reuters) - Economic growth probably slowed sharply in the second quarter, but its pace is unlikely to change views that the Federal Reserve will start trimming bond purchases later this year. Gross domestic product probably grew at a 1.0 percent annual rate after expanding at a 1.8 percent pace in the first quarter because government austerity and weak global demand weighed on the economy, according to a Reuters poll of economists. But there is a risk that growth undershoots expectations, with forecasts as low as a 0.4 percent rate. ... Full Story | Top |
| Egypt sides defiant as EU envoy seeks compromise Monday, Jul 29, 2013 02:03 PM PDT By Maggie Fick and Matt Robinson CAIRO (Reuters) - Europe's top diplomat pressed Egypt's rulers on Monday to step back from a growing confrontation with the Muslim Brotherhood of deposed Islamist president Mohamed Mursi, two days after 80 of his supporters were gunned down in Cairo. Raising the prospect of more bloodshed, the Brotherhood said it would march again on Monday evening towards a military intelligence headquarters. ... Full Story | Top |
| Two Swiss trains collide, 35 injured, driver feared dead Monday, Jul 29, 2013 02:27 PM PDT GRANGES-PRES-MARNAND, Switzerland (Reuters) - Two trains collided head-on in Switzerland on Monday evening, injuring about 35 people, five seriously, police said. The driver of one of the trains was still unaccounted for and thought to be inside the wreckage, at Granges-près-Marnand in the canton of Vaud, police spokesman Jean-Christophe Sauterel said. "These are regional trains. The speeds are a little lower and even if one deeply regrets the likely loss of life of one person as well as five serious injuries, the situation could have been much more catastrophic," Sauterel said. ... Full Story | Top |
| Lockheed, Pentagon reach deal on 71 more F-35s: source Monday, Jul 29, 2013 04:33 PM PDT  By Andrea Shalal-Esa WASHINGTON (Reuters) - Lockheed Martin Corp and the Pentagon have reached agreement on orders for the next two batches of F-35 fighter jets, a deal worth over $7 billion, a person briefed on the discussions told Reuters on Monday. The deal covers 71 of the radar-evading planes, with 36 jets to be purchased in the sixth production lot, and 35 in the seventh. The total includes 60 F-35s for the U.S. military, and 11 for Australia, Italy, Turkey and Britain. ... Full Story | Top |
| Berlusconi faces verdict that could endanger Italian government Monday, Jul 29, 2013 04:32 PM PDT  By Barry Moody ROME (Reuters) - Italy's supreme court convenes on Tuesday to rule whether Silvio Berlusconi should be jailed and banned from public office for tax fraud, a verdict that could endanger Italy's shaky coalition government. A ruling against the former prime minister would be his first definitive conviction and signal the end of an era in which he has dominated Italian politics for two decades through his media power and political skill. ... Full Story | Top |
| Verdict to be read on Tuesday for Bradley Manning WikiLeaks case Monday, Jul 29, 2013 02:09 PM PDT  By Medina Roshan (Reuters) - The verdict will be read on Tuesday at the court-martial of the soldier accused of the biggest leak of classified information in U.S. history, the judge said, with the biggest question whether he will be convicted of the most serious charge of aiding the enemy, carrying a life sentence. ... Full Story | Top |
| Hudson's Bay CEO bets big on department stores with Saks buy Monday, Jul 29, 2013 02:45 PM PDT  By Phil Wahba and Solarina Ho NEW YORK/TORONTO (Reuters) - Richard Baker is doubling down on his attempt to revive big-name department stores with a $2.4 billion bid to buy Saks Inc, bringing the New York retailer into Canada and under the same roof as Lord & Taylor and Canada's Hudson's Bay. Baker's Hudson's Bay Co is offering $16 per share to Saks, a 30 percent premium over levels in May, right before media reports that the luxury U.S. retailer was up for sale. The deal is worth $2.9 billion in cash, including Saks' debt. ... Full Story | Top |
| Kerry seeks 'reasonable compromises' in Israeli-Palestinian talks Monday, Jul 29, 2013 02:15 PM PDT  By Arshad Mohammed and Lesley Wroughton WASHINGTON (Reuters) - U.S. Secretary of State John Kerry called on Monday for Israel and the Palestinians to make "reasonable compromises" for peace as he prepared to preside over their first direct negotiations in nearly three years. "It is no secret this is a difficult process. If it were easy, it would have happened a long time ago," Kerry said with his newly named envoy for Israeli-Palestinian peace, former U.S. ambassador to Israel Martin Indyk, at his side. ... Full Story | Top |
| U.S. says JP Morgan manipulated market; settlement seen Monday, Jul 29, 2013 04:47 PM PDT WASHINGTON (Reuters) - The U.S. power regulator outlined its case of market manipulation against JPMorgan Chase & Co on Monday as industry sources said a final settlement on the issue should come on Tuesday. Traders used improper bidding tactics in California and the Midwest to boost profits, officials said in a statement that brought to light some details of an extensive investigation. Reports of that probe have circulated for months and a deal with the regulator could put an end to a distraction for JPMorgan Chief Executive Jamie Dimon. The U.S. ... Full Story | Top |
| Gunmen kill eight Tunisian troops as political tensions rise Monday, Jul 29, 2013 04:40 PM PDT By Tarek Amara and Erika Solomon TUNIS (Reuters) - Gunmen killed at least eight Tunisian soldiers on Monday, staging the biggest attack on the security forces in decades as political tensions rose between supporters and opponents of the Islamist-led government. President Moncef Marzouki called the ambush on Mount Chaambi, near the Algerian border, a "terrorist attack" and announced three days of mourning. Tunisian troops have been trying to track down Islamist militants in the remote region since December. ... Full Story | Top |
| American Airlines airplane blows tires after landing Monday, Jul 29, 2013 01:20 PM PDT (Reuters) - An American Airlines Boeing 737 carrying 137 passengers and a crew of five blew two tires upon landing at O'Hare International Airport on Monday, and no one was injured, the carrier said. Two tires on the left main landing gear blew out when Flight 810 landed in Chicago from Reno, Nevada, American spokeswoman Mary Frances Fagan said. Passengers were evacuated from the plane with a portable staircase and taken to the terminal on a bus. Maintenance staff changed the tires. Fagan said the plane was due to be put back in service after being checked out. ... Full Story | Top |
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