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Which scandal is most dangerous for administration? All-Star panel weighs inWhat happens if new jury does not reach a verdict?  Death penalty jury to be empaneledBelmar community reopens after Sandy  Matt Alvarez reportsJodi Arias jury deadlocks on sentence  Penalty phase to be retiredPresident comments on what happened in Benghazi  Calls attack site a 'soft target'Prostitution ring busted  Zach Myers reportsHollywood Nation: Paris plotting a comeback?  Hilton gets a new record dealReaction to DOJ investigation targeting FNC\'s James Rosen  Doug McKelway reportsObama shifts focus to counterterrorism policies  President addresses latest effortsBipartisan push to protect power of the press  Approval needed to seize records? |
Sports
| Haas, Waldorf share lead at Senior PGA Championship Jay Haas and Duffy Waldorf each carded a 5- under 66 on Thursday to share the lead after one round of the Senior PGA Championship.Kiyoshi Murota and PGA Club Professional Sonny Skinner shared third place at 4-under 67 at the Champions Tour's first major of the season Palmer shoots 62, grabs Colonial lead Ryan Palmer fired an 8-under 62 on Thursday and grabbed a 1-stroke lead through the opening round of the Crowne Plaza Invitational at Colonial.Palmer, who has been a Colonial member since 2010, matched the lowest round of his career and the lowest opening round in tournament history McCutchen helps Pirates sweep Cubs Andrew McCutchen had three hits, knocked in two runs and swiped two bags as the Pittsburgh Pirates finished off a three- game sweep of the Chicago Cubs with a 4-2 victory Thursday at PNC Park. 49ers sign Carradine, McDonald The San Francisco 49ers signed defensive tackle Tank Carradine and tight end Vance McDonald to four-year contracts on Thursday.The 49ers selected Carradine (40th overall) and McDonald (55th overall) in the second round of last month's draft National League Game Capsules Andrew McCutchen had three hits, knocked in two runs and swiped two bags as the Pittsburgh Pirates finished off a three- game sweep of the Chicago Cubs with a 4-2 victory Thursday at PNC Park. The Pirates, winners of four straight and 11 of their last 13 overall, pounced on Edwin Jackson (1-7) in the first two innings before a 1-hour, 47-minute rain delay suspended the contest in the fourth. Starling Marte collected a pair of hits, scored twice and stole a base while Vin Mazzaro (3-0) pitched 2 1/3 scoreless innings in relief of Jeanmar Gomez to pick up the win. Saints new defensive coordinator Ryan bringing back some of what Saints did well from 2009-11 Rob Ryan figures his firing in Dallas will help him relate to a Saints defense humbled by a historically bad season. Prosecutors seek to revoke bond of Cowboys DT Josh Brent in deadly wreck that killed teammate Prosecutors say Dallas Cowboys defensive tackle Josh Brent has violated conditions of his bond and want it revoked pending trial on an intoxicated manslaughter charge. Kingston leads suspended PGA Championship James Kingston carded a 6-under 66 on Thursday to grab a 1-stroke lead at the PGA Championship before play was suspended due to darkness. Off to best start of his career Marco Andretti now tries to shake the family curse at Indy The "Andretti Curse" at Indianapolis Motor Speedway has stretched to a third generation. Carlesimo says Nets are good, but goal of a title in 2 years is \'maybe not totally realistic\' P.J. South Africa\'s James Kingston shoots 66 to take lead in BMW PGA Championship South Africa's James Kingston shot a 6-under 66 on Thursday at Wentworth to take the lead during the suspended first round of the BMW PGA Championship. F1 drivers prepare for difficult task in Monaco GP The Monaco Grand Prix is not only the most prestigious event on the Formula One calendar but its the toughest race of the season as well.Monte Carlo has been one of the most difficult circuits, where overtaking is virtually impossible Mariners demote Montero to Triple-A The Seattle Mariners are hoping a demotion to Triple-A Tacoma can straighten out struggling catcher Jesus Montero.The Mariners made the move on Thursday, with Montero putting forth a measly .208 batting average through 101 at-bats this season Annett set for return at Charlotte after Daytona injury Nationwide Series driver Michael Annett is very much looking forward to Saturday's race at Charlotte Motor Speedway.Annett, who drives the No |
Entertainment
| Morgan Freeman seems to fall asleep during on-air interview The 75-year-old star struggled to keep his eyes open during an early-morning interview. Cannes street style What they're wearing at the 2013 Cannes Film Festival. Documentary exploring history of Second Amendment features Ted Nugent, Ice-T When music fans think of West Coast rapper Ice-T, Ted Nugent may not be the first name that immediately comes to mind. But that?s who the rapper is teaming up with for a new documentary about the heated gun control debate. \'Hangover Part III\' review: It is somehow even worse than the second ?The Hangover Part III? is the weakest of the three films and should really only appeal to diehard fans of the franchise. Break Time: Brad Pitt won\'t film any more sex scenes on screen Need a break? Check out these three random stories from today. Our favorite \'80s teen crushes: Where are they now? Our friends at Snakkle look back at your favorite ?80s teen crushes. Jo Wood: Rolling Stones\' Ronnie Wood and I were \'pioneers of crack\' Jo Wood spent thirty years married to Rolling Stones guitarist Ronnie Wood until he dumped her for a Russian model. Celebs who don\'t dress their age Sometimes young stars try to grow up too fast. Sometimes older stars can't ditch the mini skirts. These are examples of such instances. Liz and Dick were hot! ?Cleopatra? rereleased on its 50th anniversary FOX has re-released the movie where the couple?s love affair started: ?Cleopatra.? Ryan Gosling\'s \'Only God Forgives\' booed at Cannes, called \'a defecation\' The actor's film "Only God Forgives" got the worst reception of any film yet at the 2013 Cannes Film Festival. |
Science & Tech
| Study finds for first time frogs and other amphibians declining around US at alarming rate A new study has determined for the first time just how quickly frogs and other amphibians are disappearing around the United States, and the news is not good. Mind Control: World\'s first 3D printed object created using brain waves A Chilean tech company has laid claim to creating the first physical object using the power of the mind. All-natural 3D printers use salt and wood An intriguing 3D printing project from the University of California Berkeley aims to use natural resources like salt and wood to reduce 3D printing costs. New online tools to help veterans find jobs New online tools are launching in time for this Memorial Day to assist veterans hunting for jobs in the private sector. Search this: Google to add Galapagos Islands to Street View Few have explored the remote volcanic islands of the Galapagos archipelago, an otherworldly landscape inhabited by the world's largest tortoises and other fantastical creatures that inspired Charles Darwin's theory of evolution. Microsoft recruits Siri to bash Apple in new commercial Alongside a new campaign that compares Windows RT tablets to the competition, Microsoft has debuted a clever ad that pits Apple?s iPad against Windows RT -- and enlists Siri for help. Jennifer Lopez announces Viva Movil with Verizon for latino market Add wireless mogul to Jennifer Lopez?s list of talents. The actress and singer has announced Viva Movil, a new wireless retailer dedicated to the Latino market. First ever topographic map of Saturn moon Titan Peering through Titan's thick orange clouds may not be the easiest of tasks, but a team of planetary scientists using NASA?s Cassini spacecraft have done it, and created the first full topographical map of its surface. Review: Google All Access music is solid, serendipitous Google's new music service offers a lot of eye candy to go with the tunes. The song selection of around 18 million tracks is comparable to popular services such as Spotify and Rhapsody, and a myriad of playlists curated along different genres provides a big playground for music lovers. Solar plane lands in Texas, completes 2nd leg of trip intended to boost clean energy interest A solar-powered plane has landed in Texas, completing the second leg of a trip across the United States. |
Health
| The role of B vitamins in the prevention of Alzheimer\'s B vitamins have long been known to play a key role in metabolism and energy extraction and new research suggests that they may also play a role in protecting against Alzheimer?s disease ? which is good news for the aging U.S. population Mystery illnesses in Alabama mostly colds and flu, tests show Officials investigating a cluster of mysterious illnesses in Alabama have so far found only cold and flu viruses. Nation\'s kids need to get more physical, report claims The prestigious Institute of Medicine is recommending that schools provide opportunities for at least 60 minutes of physical activity each day for students and that PE become a core subject. Lung cancer screening: CT scans more effective than X-rays Screening for lung cancer using low-dose computed tomography (CT scans) rather than chest x-rays may be a more effective way of preventing the disease. Soulumination: Non-profit photographs terminally ill children for families The non-profit Soulumination takes professional photographs of children under the age of 18 who are facing life-threatening conditions, providing families with lasting keepsakes and ?an enduring, positive record of the child?s life.? Heat-related deaths may increase with climate change Heat-related deaths in New York City's borough of Manhattan may rise about 20 percent over the next decade, according to a new study Researchers move closer to development of universal flu vaccine Researchers say they have made a major step towards the development of a universal flu vaccine, after a new immunotherapy approach has shown promise in animal studies. More doctors, hospitals using electronic records The Obama administration says more doctors and hospitals are embracing technology as adoption of computerized medical records reaches a "tipping point" in America. Pfizer takes its shot at a vaccine for evasive MRSA superbug Kathrin Jansen is a microbiologist with at least two breakthrough vaccines to her name: the cervical cancer vaccine Gardasil and the $4 billion a year pneumonia and meningitis vaccine Prevnar 13. Jansen's next vaccine success could come by taming the superbug MRSA, a drug-resistant bacterium that she has seen ravage a healthy man up close and personally. Merck\'s insomnia drug moves a step closer to FDA approval Merck & Co's experimental insomnia drug moved a step closer to U.S. approval on Wednesday after a panel of medical experts said it is effective and safe at lower doses. |
Leisure
| 9-year-old girl asks McDonald\'s CEO to stop \'tricking kids into eating your food\' A 9-year-old girl who asked McDonald's CEO to stop "tricking kids into eating your food." Bed bug increase a threat to motorists You may not sleep in your car, but they can. Chevy Spark EV priced at $27,495 The electric car price wars are in full swing. DARPA running online competition to develop amphibious fighting machine The U.S. Marine Corps needs some FANGs, and you can help. Largest Ford Model A museum opens in Michigan Designed to look like 1928 dealership. Watch: Record \'breaking\' truck jump "Stay tuned for more." Tesla pays off government loan nine years early Wired $451.8 million payment made from stock and note sale. Pergola\'s pump up curb appeal Pergolas aren't just for the backyard. Mount them over the garage to add a graceful flourish to your home's facade. Boeing\'s flying baby SUV A menace to our enemies. Why the Greek yogurt fad is here to stay Greek yogurt?s share of the refrigerated yogurt market has risen to 35 percent, up from a measly 1 percent in 2007. |
Fox News Feed
World
| Canada disapproves new meat labeling rules Canada said Thursday that it is considering retaliatory measures against the United States in a dispute over meat-labeling rules that Ottawa and the World Trade Organization consider discriminatory. ECB\'s Draghi: \'Imperative\' to set up new bank body European Central Bank President Mario Draghi says it's "imperative" to create an agency with powers to restructure busted banks so that Europe can leave its economic and financial crisis behind. Brazil police arrest 9 for abusing Indian girls Brazil's Federal Police say nine people have been arrested on suspicion of sexually abusing Indians girls in the northern state of Amazonas. British Ministry of Defense pays tribute to \'loving father\' killed in UK terror attack The British Ministry of Defense paid tribute Thursday to the soldier stabbed to death in the middle of a London street by two Muslim terrorists, describing him as ?popular and witty? and a ?loving father.? Greeks to see no tax relief until budget improves Greece's conservative-led government can't lower taxes before the public deficit falls further, the prime minister said Thursday, but he pledged to eventually slash the corporate tax rate to a flat 15 percent. Embattled Toronto mayor fires chief of staff City officials say Toronto Mayor Rob Ford has fired his chief of staff. Riots in Sweden raise questions about nation\'s egalitarian culture Sweden has long been a bastion of generous social welfare and an egalitarian political culture. So many people were shocked when scores of youths hurled rocks at police and set cars ablaze during rioting in several largely immigrant areas near Stockholm this week. Sweden\'s riots raise questions about inequality Sweden has long been a bastion of generous social welfare and an egalitarian political culture. Military calls UK attack victim a model soldier Britain's military says the soldier brutally murdered in a suspected terrorist attack was a popular drummer and machine gunner, a father, and a passionate fan of Manchester United. Israel to discuss military draft reform proposal An Israeli committee has handed the government its proposal for ending a system granting Jewish ultra-Orthodox seminary students automatic exemptions from military service. |
National
| FBI arrest 37-year-old man in Washington state ricin letter investigation The FBI has arrested a suspect in a case involving the discovery of a pair of letters containing the deadly poison ricin and says investigators are working "around the clock" to address any remaining risks. RI education board approves arming university cops State education officials have approved allowing the University of Rhode Island to arm its campus police officers. Defense releases photos, texts of Trayvon Martin Data released Thursday by the defense from slain Florida teenager Trayvon Martin's cellphone includes texts with a friend about fighting, smoking pot and being forced to move out of his mother's house because of trouble at school, as well as photos of a gun and what looks to be a potted marijuana plant. Judge declares mistrial in penalty phase of Jodi Arias trial The judge in the Jodi Arias murder trial declared a mistrial in the penalty phase Thursday after the jury reported for a second time that it was deadlocked on whether to sentence her to life in prison or death for killing her boyfriend in 2008. Hand of Lincoln: Abe\'s note saving teen soldier up for sale A hastily scrawled note by President Abraham Lincoln just two months before his assassination ordering a disabled 14-year-old boy released from the army in response to a plea from the boy?s father went on sale Thursday in Philadelphia. Chicken fight: Study backs farmer in pollution battle with EPA The Environmental Protection Agency has overestimated the levels of water pollution on poultry farms by as much as half according to a recent study by the University of Delaware. Boy Scouts approve plan to accept openly gay members The Boy Scouts of America's National Council has voted to ease a long-standing ban and allow openly gay boys to be accepted as Scouts. NYPD: Merchant held for ransom, tortured for month New York police say three accomplices to a brutal monthlong kidnapping of a businessman have fled to Ecuador. AP, others fight for details in Maine girl\'s death News organizations are challenging a judge's decision to keep the public from seeing details of how and why police believe a 15-year-old girl from Maine was killed by a 20-year-old man. Manson disciple\'s tapes being analyzed by LAPD Los Angeles police have obtained the decades-old taped conversations between a Manson family disciple and his attorney. |
Politics
| Roger Ailes\' letter to Fox employees A memo from Chairman and Chief Executive Officer of Fox News Channel Roger Ailes to employees on the heels of the FBI's seizure of the phone and email records of Fox News employees. Republicans criticize Obama over call for repeal of 2001 use of force law President Obama drew sharp criticism from Republican senators Thursday for, in a wide-ranging speech on counterterrorism policy, urging the repeal of the 2001 law that effectively authorized the war on terror. IRS official on leave refused to resign, says GOP senator The IRS official who oversaw the unit responsible for the targeting of conservative groups has been placed on administrative leave, Fox News confirms, a day after she refused to testify at a congressional hearing. President Obama\'s speech on counterterrorism policy at National Defense University Below is the transcript for President Obama's counterterrorism policy speech at the National Defense University at Fort McNair in Washington, D.C. Code Pink protester shouts at Obama during speech President Obama was interrupted three times by a woman who shouted about drones and detainees in Cuba as he delivered a speech on national security. Obama orders Justice Department review after Fox News, AP phone records seized President Obama, responding to mounting criticism of his Justice Department's seizure of reporter records, said for the first time Thursday that the administration would be reviewing its guidelines in response to the controversy. Obama said he's "troubled" by the developments and that journalists should not be "at legal risk" for doing their jobs. First lady lauds effort to preserve DC slave house Michelle Obama said Wednesday that stories of toil and sweat by slaves once held at a historic home within sight of the White House are an important part of U.S. history, including her own personal story, and are "as vital to our national memory as any other." Obama defends US drone program, renews push to close Guantanamo President Obama spoke in unprecedented detail Thursday about the U.S. drone program, as he adamantly defended the controversial strikes as legal and necessary to national security -- while announcing that he was setting new limits on their use. Tea Party storm largely inside IRS -- so far Three days of congressional hearings about the Internal Revenue Service's targeting of conservative political groups have lawmakers looking for ways to widen an investigation that has so far been largely contained within the tax collection agency. \'Shame on us\': New York Gov. Cuomo rips Anthony Weiner comeback bid New York Gov. Andrew Cuomo pulled no punches in explaining what he thinks of former Rep. Anthony Weiner's comeback bid for mayor of New York City. |
America's Election Headquarters
| Show us your Facebook status: List of requests made by IRS to Tea Party groups The IRS acknowledged Friday that its agents at an Ohio office asked inappropriate questions of Tea Party and other conservative groups as they flagged them for additional scrutiny. The following, based on questionnaires made public by Tea Party groups, are examples of the requests made by the IRS as part of the application for tax-exempt Chairman of the Joint Chiefs: U.S. military ready, if called, in Syria WASHINGTON - Joint Chiefs Chairman General Martin Dempsey says U.S. forces stand ready to take military action in Syria -- but warns a no-fly zone in the country may not work. "Whether the military effect would produce the kind of outcome that all of us would desire - an end to the violence, some kind of political reconciliation among the parties Senators who crossed party lines on background check vote The following is a list of lawmakers who crossed party lines on the "Manchin-Toomey amendment," the proposal to expand background checks to Internet sales and gun shows. The amendment failed in the Senate Wednesday on a 54-46 vote. Republicans who defected and voted "yes": Pennsylvania Sen. Pat Toomey Illinois Sen. Mark Kirk Maine Sen. Susan Mark Kelly on Sen. Flake\'s opposition to gun plan: \'Maybe he hasn\'t read the bill\' Mark Kelly, the husband of former Rep. Gabrielle Giffords, knocked Arizona Sen. Jeff Flake for his opposition to the Senate gun control bill -- saying he's one of many lawmakers "looking for a reason to get to no." "It appears to me that maybe he hasn't read the bill because his concerns are addressed in the legislation," Kelly said at a Christian Rubio raises $2.3M in 1st quarter amid immigration debate Senior aides to Sen. Marco Rubio tell Fox News they just had their best fundraising quarter in two years. According to the aides, Rubio raised for his PAC and his re-election committee more than $2.3 million in the first quarter of 2013. They also report that the campaign: -- Identified more than 15,000 new donors -- Raised money from all 50 ICE union calls on Rubio to leave \'Gang of 8\' immigration talks The union representing thousands of Immigration and Customs Enforcement employees is calling on Republican Sen. Marco Rubio to leave the tight-knit group negotiating an immigration overhaul. Rubio is considered the most politically vital member of the so-called "Gang of Eight," since his support could give conservatives cover to ultimately vote for Hagel Decision on \'Nintendo Medal\' Expected Next Week WASHINGTON - We will soon know the fate of what some are calling the military's new ?Nintendo medal.' Secretary of Defense Chuck Hagel told members of the House Armed Services Committee Thursday that he will make an official announcement early next week, but the Pentagon chief may have already tipped his hand. "It is a concern to me, it's a List of Republican, Democratic defections on Senate gun legislation The following is a list of Republican lawmakers who voted to advance the gun legislation in the Senate Thursday: New Hampshire Sen. Kelly Ayotte Georgia Sen. Saxby Chambliss Oklahoma Sen. Tom Coburn Maine Sen. Susan Collins Arizona Sen. Jeff Flake Georgia Sen. Johnny Isakson Arizona Sen. John McCain Mississippi Sen. Roger Wicker North What\'s in the bill? Guide to Senate gun legislation The following is a breakdown of what's actually in the firearms bill which cleared a key Senate test vote Thursday morning. The package, as currently formulated, is made up of three provisions that passed the Senate Judiciary Committee last month: 1) Expanding background checks 2) Cracking down on gun trafficking and straw purchasing 3) Guide to gun legislation on Capitol Hill Tuesday Sandy Hook families come to the Capitol today to press senators for tougher gun measures. We expect them to stick to the Senate side and meet with senators who oppose enhanced gun laws or moderate Democrats who may have trouble voting for a gun bill. There is a conference call this afternoon with those families. From a parliamentary standpoint, the |
Gretawire
| Senator Grassley says acting IRS Commissioner asked Lois Lerner to resign and she refused ? then placed on admin leave Maricopa County Sheriff statment on hung jury in Jodi Arias penalty phase The following is an official statement from Maricopa County Sheriff Joe Arpaio: Because the jury in the Jodi Arias murder trial was hung, Arias will remain as a closed custody [...] Maricopa County Attorney releases statement on deadlocked jury in Jodi Arias penalty phase County Attorney Comments on Outcome in State v. Jodi Ann Arias PHOENIX, AZ (May 23, 2013) – Maricopa County Attorney Bill Montgomery released the following statement in response to the [...] New post for State Department?s Victoria Nuland (who was part of the back and forth State Department emails on Benghazi) Below was sent to me by FNC’s Jennifer Griffin. See the red type about former State Department Spokesperson Victoria Nuland: THE WHITE HOUSE Office of the Press Secretary FOR IMMEDIATE [...] NO UNANIMOUS VERDICT IN JODI ARIAS DEATH / LIFE PENALTY PHASE ? will Arizona agree to life in prison or bring in new panel? Boy Scouts OK Plan to Accept Openly Gay Boys Boy Scouts of America’s National Council votes to ease long-standing ban and allow openly gay boys to be accepted as Scouts. Professor Alan Dershowitz gives his opinion about IRS? Lois Lerner ? did she waive her 5th or not? Prof Dershowitz suggests malpractice by her lawyer Years ago (1989??) I met Professor Alan Dershowitz when we represented co-appellants in the United States Court of Appeals for the 4th Circuit. He is very smart and very experienced…so [...] Go Audrey! She is an internet sensation (well?.sort of?) As you know, poor Audrey spent the weekend in the hospital (she is home and getting better.) On Monday I happened to make a smart *** remark here on [...] Senators McCain and Levin call for IRS official Lois Lerner to be removed from office See letter from the senators below and post your thoughts… SENATORS McCAIN AND LEVIN CALL FOR REMOVAL OF IRS OFFICIAL FROM OFFICE WASHINGTON ? U.S. Senators John McCain (R-AZ) and [...] FOX NEWS CONFIRMED: Lois Lerner placed on Administrative leave |
Most Popular
| Judge declares mistrial in penalty phase of Jodi Arias trial The judge in the Jodi Arias murder trial declared a mistrial in the penalty phase Thursday after the jury reported for a second time that it was deadlocked on whether to sentence her to life in prison or death for killing her boyfriend in 2008. IRS official on leave refused to resign, says GOP senator The IRS official who oversaw the unit responsible for the targeting of conservative groups has been placed on administrative leave, Fox News confirms, a day after she refused to testify at a congressional hearing.  Republicans criticize Obama over call for repeal of 2001 use of force law President Obama drew sharp criticism from Republican senators Thursday for, in a wide-ranging speech on counterterrorism policy, urging the repeal of the 2001 law that effectively authorized the war on terror.  Our favorite \'80s teen crushes: Where are they now? Our friends at Snakkle look back at your favorite '80s teen crushes. Two more arrested as London terror probe expands British police have made two further arrests and searched multiple properties as they widened their investigation into Wednesday's fatal hacking to death of a British soldier in broad daylight on a busy London street by two Muslim terrorists. Boy Scouts approve plan to accept openly gay members The Boy Scouts of America's National Council has voted to ease a long-standing ban and allow openly gay boys to be accepted as Scouts. Homeland Security bulletin warns 3D-printed guns may be \'impossible\' to stop A new Department of Homeland Security intelligence bulletin warns it could be "impossible" to stop 3D-printed guns from being made, not to mention getting past security checkpoints. 9-year-old girl asks McDonald\'s CEO to stop \'tricking kids into eating your food\' A 9-year-old girl who asked McDonald's CEO to stop "tricking kids into eating your food."  Photos, texts of Trayvon Martin show him talking about pot, fighting and trouble at school Data released Thursday by the defense from slain Florida teenager Trayvon Martin's cellphone includes texts with a friend about fighting, smoking pot and being forced to move out of his mother's house because of trouble at school, as well as photos of a gun and what looks to be a potted marijuana plant. Documentary exploring history of Second Amendment features Ted Nugent, Ice-T When music fans think of West Coast rapper Ice-T, Ted Nugent may not be the first name that immediately comes to mind. But that's who the rapper is teaming up with for a new documentary about the heated gun control debate. |
Business
| Rio Tinto Begins Cutting Jobs at Utah Copper Mine After Slide Rio Tinto PLC (RIO.LN) has cut about 100 jobs at its copper operation in Utah and warned further positions will be cut later this month as it moves to reduce operating costs after a large part of the pit wall collapsed at its Bingham Canyon mine last month. Salesforce.com\'s quarterly results disappoint Wall Street Salesforce. Goldman unveils checks on conflicts in bid to fix image After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's Lloyd Blankfein claimed success in putting the bank and his legacy as CEO back on track. Fed Study Rebuts Banks on Swipe Fees A Federal Reserve study on debit-card transactions undercuts complaints from the banking industry that a government cap on the fees large lenders charge merchants would result in a drop in the payments for all banks. Brazil Raises FGC Bank Deposit Guarantee Coverage to BRL250,000 Brazil's National Monetary Council authorized on Thursday an increase of the coverage of the country's FGC bank deposit guarantee fund to provide greater protection to depositors and align the country's policies with deposit guarantee practices abroad, the council said. Direct Access Shuts Down After Traders Implicated in Bribery Probe New York-based broker-dealer Direct Access Partners has closed its doors, said a person familiar with the matter, after allegations surfaced earlier this month of a multimillion dollar Venezuelan bribery scheme involving two of its traders. Ally settlement may be a boon for ResCap bondholders While bond insurers MBIA Inc and FGIC Corp receive the lion's share of Ally Financial Inc's $2. Ally Financial to Pay $2.1 Billion in Settlement With ResCap, Creditors Ally Financial Inc. said Thursday it will pay $2.1 billion to its mortgage subsidiary Residential Capital and the unit's creditors under an agreement reached last week that could move the Detroit-based lender closer to repaying its government bailout. Analysis: Markets face rough summer ride as Fed pullback feared For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. Ex-Goldman Investment Banker Pays $100,000 in SEC Pay-to-Play Case A former investment banker at Goldman Sachs Group Inc. (GS) agreed to pay $100,000 and submit to a five-year ban from the securities industry to settle Securities and Exchange Commission allegations about his role in a pay-to-play scheme involving the 2010 Massachusetts gubernatorial race. |
Markets
| Rio Tinto Begins Cutting Jobs at Utah Copper Mine After Slide Rio Tinto PLC (RIO.LN) has cut about 100 jobs at its copper operation in Utah and warned further positions will be cut later this month as it moves to reduce operating costs after a large part of the pit wall collapsed at its Bingham Canyon mine last month. Salesforce.com\'s quarterly results disappoint Wall Street Salesforce. Goldman unveils checks on conflicts in bid to fix image After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's Lloyd Blankfein claimed success in putting the bank and his legacy as CEO back on track. Fed Study Rebuts Banks on Swipe Fees A Federal Reserve study on debit-card transactions undercuts complaints from the banking industry that a government cap on the fees large lenders charge merchants would result in a drop in the payments for all banks. Brazil Raises FGC Bank Deposit Guarantee Coverage to BRL250,000 Brazil's National Monetary Council authorized on Thursday an increase of the coverage of the country's FGC bank deposit guarantee fund to provide greater protection to depositors and align the country's policies with deposit guarantee practices abroad, the council said. Direct Access Shuts Down After Traders Implicated in Bribery Probe New York-based broker-dealer Direct Access Partners has closed its doors, said a person familiar with the matter, after allegations surfaced earlier this month of a multimillion dollar Venezuelan bribery scheme involving two of its traders. Ally settlement may be a boon for ResCap bondholders While bond insurers MBIA Inc and FGIC Corp receive the lion's share of Ally Financial Inc's $2. Ally Financial to Pay $2.1 Billion in Settlement With ResCap, Creditors Ally Financial Inc. said Thursday it will pay $2.1 billion to its mortgage subsidiary Residential Capital and the unit's creditors under an agreement reached last week that could move the Detroit-based lender closer to repaying its government bailout. Analysis: Markets face rough summer ride as Fed pullback feared For the past few months, the U.S. Federal Reserve has been squarely in the financial markets' corner, thanks to its massive dollops of monetary stimulus. Ex-Goldman Investment Banker Pays $100,000 in SEC Pay-to-Play Case A former investment banker at Goldman Sachs Group Inc. (GS) agreed to pay $100,000 and submit to a five-year ban from the securities industry to settle Securities and Exchange Commission allegations about his role in a pay-to-play scheme involving the 2010 Massachusetts gubernatorial race. |
Industries
| Japan Stocks Rebound After Slump; Nikkei Up 3.2% Japanese stocks jumped early Friday, with the Nikkei Stock Average climbing 3.2% after diving 7.3% in the previous session, prompted by some relief buying amid expectations that the rally that began late last year may have further to go. P&G Chairman, CEO to Retire in June Procter & Gamble Chairman and CEO Bob McDonald will retire in June and be succeeded in both roles by A.G. Lafley, who is re-joining the company. Corporate America Cracks Piggy Bank for Oklahoma Tornado Victims In the aftermath of the Oklahoma tornado disaster that killed at least 24 people and damaged or destroyed as many as 13,000 homes, the calls for help are being answered. GRAIN HIGHLIGHTS: Top Stories of the Day TOP STORIES: CHS Executive: Tight Soybean Supplies to Force Imports From South America U.S. soybean supplies are so tight that they could run out in the eastern part of the Farm Belt before this fall's harvest, forcing some companies to import supplies, a senior executive at grain processor CHS Inc. (CHSCP) said this week. Gap first-quarter profit rises 43 percent Gap Inc reported a higher first-quarter profit on Thursday, helped by a rise in same-store sales at its Old Navy and namesake chains, and growth in Asia. Telecom Italia To Decide On Spinoff Project on May 30 Italy's largest telecom operator Telecom Italia (TIT.MI) said Thursday it will make a final decision on whether to spin off its fixed-line network on May 30, as the board is still examining the feasibility of the project. ISS Employee Leaked Proxy Votes for Concert Tickets, SEC Says Institutional Shareholder Services Inc., a proxy advisory firm that advises investors on corporate governance matters, agreed to pay a $300,000 penalty to settle charges that an employee leaked confidential information on proxy votes for roughly five years. Ride-share service Lyft raises $60 million from venture capital firm Ride-sharing service Lyft said it had raised $60 million from venture-capital firm Andreessen Horowitz, underscoring the growing appeal of services that tap into consumers' willingness to share goods and services for a fee. ISS Employee Leaked Proxy Votes, SEC Says Institutional Shareholder Services Inc., a proxy advisory firm that advises investors on corporate governance matters, agreed to pay a $300,000 penalty to settle charges that an employee leaked confidential information on proxy votes for roughly five years. Glencore says Iran metals swap deals did not violate sanctions Swiss-based commodities giant Glencore Xstrata said on Thursday that it had done nothing wrong when it engaged in metal swaps with Iran, rejecting a suggestion by U. |
Personal Finance
| Mortgage Rates Rise for the 3rd Week in a Row As mortgage rates keep rising, you can point a finger at the Fed for some ill-timed words. Should I Save $5K Bonus or Use it for Car Loan? There are countless ways to use your bonus. Here's how to minimize the buyer's remorse. Seven Travel Insurance Tips for Hurricane Season Choose and use travel insurance wisely so a hurricane won't blow apart your vacation budget. Why a Roth IRA Conversion Makes Tax Sense Earning too much money to open a Roth IRA doesn't mean you can't have one. Daughter Makes Mom\'s Student Loan Payments When making student loan payments for a parent, think about income and gift taxes. How to Handle Your Parents Moving in With You They raised you to be a responsible adult; now they need your help. Consider these issues. Good Idea to Bet the Farm When Buying on Margin? Buying on margin is a double-edged sword, with the potential to amplify returns and losses. How to Manage Multiple Sources of Debt Many young adults are already struggling to get out from student loan debt, but what if they need to take on more debt for a car or a home? Taxability of Life Insurance Nothing in the tax code is straightforward or easy to understand, and that?s especially true when it comes to life insurance with all the caveats, exceptions and treatments. 401(k) Disclosures not Working for Investors After all the hoopla about fee disclosure, advisers say the new rules shed little light on fees. |
Stossel's Take
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