Wednesday, May 23, 2012

Injury forces Michael McKean out of Broadway show

Injury forces Michael McKean out of Broadway show


Injury forces Michael McKean out of Broadway show

Posted: 23 May 2012 01:17 PM PDT

In this April 14, 2012 photo, Michael McKean arrives to the TV Land Awards 10th Anniversary in New York. McKean, who portrayed Broadway producers scrambled Wednesday to fill Michael McKean's part in a revival of Gore Vidal's "The Best Man" as the actor recovers from a broken leg after being struck by a car.


Obama birth certificate OK by Arizona official

Posted: 23 May 2012 01:18 PM PDT

President Barack Obama delivers the commencement address at the U.S. Air Force Academy, Wednesday, May 23, 2012, in Colorado Springs, Colo.(AP Photo/Pablo Martinez Monsivais)


HP to lay off about 27,000, eyes over $3 billion savings

Posted: 23 May 2012 01:14 PM PDT

SAN FRANCISCO (Reuters) - Hewlett Packard Co outlined a plan on Wednesday to lay off roughly 27,000 employees or about 8 percent of its workforce, generating annual savings of $3 billion to $3.5 billion as it exits fiscal 2014. The world's No. 1 personal computer maker said in a statement most of those savings would be reinvested into the company. (Reporting By Poornima Gupta; Editing by Bernard Orr)

Feds add 2012 model year to Chevy Cruze fire probe

Posted: 23 May 2012 01:13 PM PDT

U.S. safety officials have added the 2012 model year to an investigation of engine fires in the Chevrolet Cruze.

Powers, Iran discuss detail of possible nuclear deal

Posted: 23 May 2012 01:13 PM PDT

European Union foreign policy chief Catherine Ashton heads a meeting between Iran and six world powers in BaghdadBAGHDAD (Reuters) - Iran and world powers exchanged unusually detailed proposals at talks in Baghdad on Wednesday in hopes of defusing a long standoff over suspicions Tehran's atomic energy programme may be a disguised quest for nuclear weapons. The stakes could hardly be higher: global oil markets are jittery over extended Western sanctions imposed on Iran's vital crude exports and the specter of a Middle East war arising from possible Israeli strikes against its defiant arch-enemy. ...


CBI factory orders balance at five-month low in May

Posted: 23 May 2012 01:11 PM PDT

LONDON (Reuters) - Factory orders deteriorated more than expected this month, as exports fell, the CBI's monthly industrial trends survey showed on Wednesday. The Confederation of British Industry survey's total order book balance fell to -17 this month from -8 in April, below expectations for a reading of -10, and its lowest reading since December. The export order book balance also fell to -12 from -10, its lowest since January. The CBI said domestic demand had also eased, contributing to firms' more pessimistic outlook for production in the next three months. ...

Lawsuits pile up over Facebook IPO

Posted: 23 May 2012 01:11 PM PDT

Facebook co-founder Mark Zuckerberg pictured on a screen getting ready to ring the NASDAQ opening bell on May 18Lawsuits piled up Wednesday against Facebook, its underwriters and the Nasdaq exchange as furious investors sought to recover losses after the company's $16 billion IPO debacle.


Clinton, military leaders plead for sea treaty

Posted: 23 May 2012 01:10 PM PDT

Defense Secretry Leon Panetta testifies on Capitol Hill in Washington, Wednesday, May 23, 2012, before the Senate Foreign Relations Committee hearing on the Law of the Sea Convention. (AP Photo/Cliff Owen)Secretary of State Hillary Rodham Clinton and military leaders implored conservative Republicans on Wednesday to approve a long-spurned high seas treaty, saying it would create jobs, open a new path to oil, gas and other resources and bolster national security.


Jury deals blow to Oracle in case vs. Google

Posted: 23 May 2012 01:09 PM PDT

People visit Google's stand at the National Retail Federation Annual Convention and Expo in New YorkSAN FRANCISCO (Reuters) - Google Inc's Android mobile platform has not infringed Oracle Corp's patents, a California jury decided, putting an indefinite hold on Oracle's quest for damages in a legal fight between the two Silicon Valley giants over smartphone technology. The verdict was delivered on Wednesday in a San Francisco federal court. The same jury could not unanimously agree on the copyright allegations earlier in the case, though the jury foreman told reporters on Wednesday that the final vote on a key copyright issue heavily favored Google. ...


Jury: Google didn't infringe on Oracle patents

Posted: 23 May 2012 01:07 PM PDT

A federal jury ruled Wednesday that Google didn't infringe on Oracle's patents when the Internet search leader developed its popular Android software for mobile devices.

Late rally lifts Wall Street into close

Posted: 23 May 2012 01:05 PM PDT

Traders work on the floor of the New York Stock ExchangeNEW YORK (Reuters) - Stocks staged a late-day reversal on Wednesday, rallying into the close as a sharp rise in materials shares boosted the S&P 500 and gains in Apple helped lift the Nasdaq. The Dow Jones industrial average was down 6.74 points, or 0.05 percent, to end unofficially at 12,496.07. But the Standard & Poor's 500 Index was up 2.22 points, or 0.17 percent, to finish unofficially at 1,318.85. The Nasdaq Composite Index was up 11.04 points, or 0.39 percent, to close unofficially at 2,850.12. (Reporting by Ryan Vlastelica; Editing by Jan Paschal)


Songbird, guitar man vie for 'American Idol' crown

Posted: 23 May 2012 01:03 PM PDT

FILE - In this April 25, 2012 file photo released by Fox, contestant Phillip Phillips performs on the singing competition series "American Idol," in Los Angeles. The "American Idol" winner will be announced May 23, 2012. (AP Photo/Fox, Michael Becker, File)A teenage songbird or a bluesy guitar man will claim the 11th "American Idol" crown Wednesday.


LA Council moves to ban plastic grocery bags

Posted: 23 May 2012 01:01 PM PDT

The Los Angeles City Council has moved toward banning plastic bags at grocery stores in the nation's second-largest city.

Colombia allows gay US man to adopt two children

Posted: 23 May 2012 01:01 PM PDT

Children cool off by putting their feet in the foutainColombia on Wednesday approved the adoption of two children by a homosexual American man after custody had been revoked over his sexual orientation, in a ruling hailed by gay rights groups.


55 years later, 'On the Road' is finally a movie

Posted: 23 May 2012 01:01 PM PDT

Director Walter Salles, left, actors Kristen Stewart and Sam Riley pose during a photo call for On the Road at the 65th international film festival, in Cannes, southern France, Wednesday, May 23, 2012. (AP Photo/Lionel Cironneau)Fifty-five years after its publication, Jack Kerouac's "On the Road" is finally burning on the big screen.


Pakistani doctor jailed for helping CIA find bin Laden

Posted: 23 May 2012 01:00 PM PDT

Residents surround the compound where al Qaeda leader Osama bin Laden was reported to have been killed in this ariel view in AbbottabadPESHAWAR, Pakistan (Reuters) - Pakistani authorities have sentenced a doctor accused of helping the CIA find Osama bin Laden to 33 years in jail on charges of treason, officials said, a move almost certain to further strain ties between Washington and Islamabad. Shakil Afridi was accused of running a fake vaccination campaign, in which he collected DNA samples, that is believed to have helped the American intelligence agency track down bin Laden in a Pakistani town. The al Qaeda chieftain was killed in a unilateral U.S. special forces raid in the town of Abbottabad in May last year. ...


Monsignor: Cardinal wanted accusers kept in dark

Posted: 23 May 2012 12:58 PM PDT

FILE - In a Tuesday, March 27, 2012 file photo, Monsignor William Lynn leaves the Criminal Justice Center, in Philadelphia. Lynn, accused of moving predator-priests to unwitting parishes, testified Wednesday, May 23, 2012 that he had no authority to make priest transfers. Lynn says he could only remove a priest who admitted abusing a minor. Lynn says he otherwise made recommendations for the cardinal. Lynn is testifying in the ninth week of his child-endangerment and conspiracy trial. (AP Photo/Alex Brandon, File)A Roman Catholic church official taking the stand in his own defense says Philadelphia's ex-archbishop ordered staff to keep alleged victims of priest sexual abuse in the dark about other accusers.


Iran nuclear talks snag over dueling demands

Posted: 23 May 2012 12:57 PM PDT

World powers negotiators arrive at the Baghdad International Airport in Iraq, Wednesday, May 23, 2012. Negotiators from the U.S. and five other world powers sat down Wednesday with a team of Iranian diplomats to try to hammer out specific goals in the years-long impasse over Tehran's nuclear program.(AP Photo/Mohammed Ameen, Pool)Iran and six world powers exchanged dueling proposals Wednesday in a tug of war over Tehran's nuclear program that pits international concerns about the Islamic Republic's potential to build atomic weapons against enforcing crippling sanctions on its people.


DC zoo to hand-raise cubs after rare cheetah birth

Posted: 23 May 2012 12:57 PM PDT

After a feeding, cheetah keeper Gil Myers cleans a one-month-old female cheetah cub, that was delivered via a rare caesarean section, Wednesday, May 23, 2012, at the National Zoo in Washington. The cub and her brother are expected to go on public display in the late summer. (AP Photo/Jacquelyn Martin)Two cheetah cubs have been transported to the Smithsonian's National Zoo to be raised by hand after a risky birth last month at the Smithsonian Conservation Biology Institute in northern Virginia.


Regulators, investors turn up heat over Facebook IPO

Posted: 23 May 2012 12:55 PM PDT

File photo of the Facebook logo on a screen inside at the Nasdaq Marketsite in New York(Reuters) - Two top U.S. financial regulators said on Tuesday the issues around the initial public offering of Facebook should be reviewed, putting fresh pressure on the company, its lead underwriter, Morgan Stanley, and the Nasdaq stock exchange. Facebook shares closed 8.9 percent lower at $31, following an 11 percent plunge on Monday. At that price the company has shed more than $19 billion in market capitalization from its $38-per-share offering price last week. ...


Nancy Reagan recovering 'slowly' from fall

Posted: 23 May 2012 12:53 PM PDT

Former first lady Nancy Reagan (C) with NJ Governor Chris Christie (R) and former California Gov. Pete Wilson (L)Former US first lady Nancy Reagan is "slowly" recovering from a fall a few weeks ago which left her with fractured ribs, her spokeswoman said Wednesday.


Fitzgerald stepping down as US attorney in Chicago

Posted: 23 May 2012 12:51 PM PDT

FILE - In this April 25, 2007 file photo, U.S. Attorney Patrick Fitzgerald speaks at a news conference at the federal building in Chicago about the arrest of John P. Tomkins, 42, of Dubuque, Iowa, who was arrested and charged with sending dud pipe bombs and threatening letters to investment companies in Denver and Kansas City in an effort to drive up stock prices. On Wednesday, May 23, 2012, Fitzgerald's office in Chicago announced that he was stepping down as U.S. Attorney for the Northern District of Illinois effective June 30, 2012. Fitzgerald has held the post for more than a decade. (AP Photo/Charles Rex Arbogast, File)Patrick Fitzgerald, known as one of the most relentless U.S. attorneys in the nation and the architect of convictions against two Illinois governors and a former vice presidential aide, announced Wednesday that he is stepping down from the post he has held for more than a decade in Chicago.


Facebook, banks sued over pre-IPO analyst calls

Posted: 23 May 2012 12:50 PM PDT

In this photo illustration, a Facebook logo on a computer screen is seen through glasses held by a woman in Bern(Reuters) - Facebook Inc and lead underwriter Morgan Stanley were sued by shareholders who claimed they hid the social networking company's weakened growth forecasts ahead of its $16 billion initial public offering. The lawsuit came as Facebook and the banks that took it public face questions about the IPO, which culminated in a May 18 stock market debut plagued by technical glitches. Facebook shares fell 18.4 percent from their $38 IPO price in their first three trading days. They were up $1.08, or 3.5 percent, at $32.08 in Wednesday afternoon trading. ...


Obama to graduates: 'A new feeling about America'

Posted: 23 May 2012 01:19 PM PDT

President Barack Obama delivers the commencement address at the U.S. Air Force Academy, Wednesday, May 23, 2012, in Colorado Springs, Colo.(AP Photo/Pablo Martinez Monsivais)President Barack Obama declared Wednesday the world has a "new feeling about America" and more respect for its leadership, weaving re-election themes into a commencement speech to jubilant graduates of the U.S. Air Force Academy.


Person visited neonatal units before TB diagnosis

Posted: 23 May 2012 12:47 PM PDT

A person with an active case of tuberculosis who visited two Northern California neonatal intensive care units had a valid reason to be there and had not been diagnosed at the time, officials said Wednesday.

Google cleared in Oracle suit on patents

Posted: 23 May 2012 12:45 PM PDT

Oracle logoA jury on Wednesday declared Google innocent of patent infringement in a high-stakes court battle pitting business software titan Oracle against the Internet giant.


Rep. King: CIA, Pentagon, too close to filmmakers

Posted: 23 May 2012 12:44 PM PDT

A House committee chairman charged Wednesday that the CIA and Defense Department jeopardized national security by cooperating too closely with filmmakers producing a movie on the raid that killed Osama bin Laden.

New York maid accusing Strauss-Kahn expands civil suit

Posted: 23 May 2012 12:42 PM PDT

A combination of two recent file pictures of Nafissatou Diallo (R), and former IMF head Dominique Strauss-Kahn (L)The hotel maid whose accusations of sexual assault disgraced former IMF chief Dominique Strauss-Kahn expanded her civil suit against him to include gender-motivated violence, according to a copy of the complaint obtained by AFP Wednesday.


Markets swoon as anxiety about Europe takes hold

Posted: 23 May 2012 12:33 PM PDT

In an April 16, 2012 photo trader Richard Newman, left, works on the floor of the New York Stock Exchange. Wall Street headed for another day of losses, Wednesday May 23, 2012 with Dow Jones industrial futures down 0.5 percent to 12,410 and S&P 500 futures 0.6 percent lower at 1,306.50. (AP Photo/Richard Drew)The threat of a financial crisis spreading from Europe shook markets on Wednesday. The euro dropped to a nearly two-year low against the dollar. Oil prices sank to their lowest this year, and stocks took another fall.


Housing market recovery gains traction

Posted: 23 May 2012 12:31 PM PDT

A newly built home is shown as sold in a subdivision under construction in CarlsbadWASHINGTON (Reuters) - The U.S. spring home-selling season got off to a strong start in April with rising sales and prices providing evidence that a housing market recovery was gaining some traction. The housing sector has been the Achilles' heel of the economy ever since the home-price bubble burst. Data this week, however, have painted a relatively upbeat picture for the market and underscored the economy's resilience. ...


Instant View: New home sales, prices rise in April

Posted: 23 May 2012 12:31 PM PDT

NEW YORK (Reuters) - New single-family home sales rose more than expected in April and prices pushed higher, further evidence the housing market was turning the corner. COMMENTS: WILLIAM LARKIN, FIXED INCOME PORTFOLIO MANAGER AT CABOT MONEY MANAGEMENT IN SALEM, MASSACHUSETTS "Today's numbers I think are indicating that housing is definitely in the bottoming phase and benefiting from record low mortgage rates. ...

Archery hits pop culture's bull's eye with movie

Posted: 23 May 2012 12:30 PM PDT

FILE -- This Oct. 22, 2011 file photo shows Brady Ellison, of the United States, aiming during the men's individual archery competition at the Pan American Games in Guadalajara, Mexico. Two-time Olympian Jennifer Nichols' eyes light up with she talks about her sport finally climbing out of the shadows.


AP Photos: Cannes red carpet gets Bond girl flair

Posted: 23 May 2012 12:27 PM PDT

FILE - In this May 18, 2012 file photo, actress Naomi Watts wears a dress by Marchesa as she arrives for the screening of Madagascar 3: Europe's Most Wanted, at the 65th international film festival, in Cannes, southern France. (AP Photo/Loic Venance, file)Berenice Marlohe, the newest Bond girl, has been making the red carpet at the 65th annual Cannes Film Festival look like a day at the beach.


Illegal burn may have sparked Nevada wildfire

Posted: 23 May 2012 12:27 PM PDT

The smoldering remains of a home destroyed by the fast-moving wildfire are seen south of Gardnerville, Nev., Tuesday May 22, 2012. The fire, pushed by strong winds, has burned over 3,500 acres destroying several homes in the rural area.(AP Photo/The Reno Gazette-Journal, Tim Dunn) NEVADA APPEAL OUT; NO SALESInvestigators say a wildfire that destroyed two homes near the California-Nevada line may have been caused by an illegal "open burn" that had been quietly smoldering at a private residence since Sunday.


Justices' stocks at issue in Boeing-ICO appeal

Posted: 23 May 2012 12:26 PM PDT

An appeal filed in the California Supreme Court says two state appellate court justices owned stock in Boeing Co. while involved in deciding whether to reverse a multimillion-dollar award against the firm.

US sales of new homes rose 3.3 percent in April

Posted: 23 May 2012 12:23 PM PDT

Construction workers finish up on a new home seen for sale Wednesday, May 23, 2012 in Springfield, Ill. Americans bought more new homes in April, the latest signal that the U.S. housing market is steadily improving. (AP Photo/Seth Perlman)Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover.


EU members among most open trading nations: study

Posted: 23 May 2012 12:22 PM PDT

GENEVA (Reuters) - European Union member countries and their close partners in north and central Europe make up 12 of the 20 nations that are most open to international trade, according to a report issued on Wednesday. The Geneva-based World Economic Forum, in the latest update of its Enabling Trade Index, which is compiled every two years, put the United States at No. 23, down from 19 in 2010. Fellow trade giant China dropped from 48th to 56th place, and would-be powerhouse Russia was way down the rankings at 112th place. ...

TV presenter: Piers Morgan told me how to hack

Posted: 23 May 2012 12:20 PM PDT

FILE - In this Dec. 20, 2011 file photo, Piers Morgan, host of CNN's "Piers Morgan Tonight," leaves the CNN building in Los Angeles. Prominent British television presenter Jeremy Paxman has told an official inquiry that Morgan once gave him pointers on how to hack a mobile phone. Paxman's disclosure Wednesday May 23 2012 appears at odds with Morgan's suggestions that he had no direct knowledge of the shady practice which many British journalists used to score scoops. (AP Photo/Jae C. Hong, file)A prominent British TV presenter said Wednesday that CNN talk show host Piers Morgan gave him a primer on phone hacking, a revelation that suggests he knew a fair amount about how the shady practice was carried out.


Dhoni's Chennai knock Mumbai out of IPL

Posted: 23 May 2012 12:20 PM PDT

Mahendra Singh DhoniMahendra Singh Dhoni smashed a 20-ball 51 not out to set up a comprehensive 38-run win for his Chennai Super Kings side against Mumbai Indians in the Indian Premier League on Wednesday.


Pakistan convicts doctor who helped find bin Laden

Posted: 23 May 2012 12:20 PM PDT

Pakistani men walk by the Central Jail in Peshawar, Pakistan, Wednesday, May 23, 2012. A Pakistani doctor who helped the U.S. track down Osama bin Laden was sentenced to 33 years in prison on Wednesday for conspiring against the state, officials said, a verdict that is likely to further strain the country's relationship with Washington. (AP Photo/Mohammad Sajjad)A doctor who helped the CIA hunt down Osama bin Laden was convicted Wednesday of conspiring against the state and sentenced to 33 years in prison, adding new strains to an already deeply troubled relationship between the U.S. and Pakistan.


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