Officials are confident they've accounted for everyone caught in the twister.
Read more here: Search for Okla. survivors winding down
Officials are confident they've accounted for everyone caught in the twister.
Read more here: Search for Okla. survivors winding down
VATICAN CITY (AP) — The Vatican has taken another step in trying to show greater financial transparency by publishing a first annual report from its new financial watchdog agency.
Read more here: Vatican releases 1st report of financial watchdog
(Reuters) – It is too soon to determine whether to dial down the Federal Reserve's massive bond-buying program, and the economic picture may not be clear enough to make that decision for another three or four months, an influential U.S. central bank official said. New York Fed President William Dudley, a close ally of Chairman Ben Bernanke, said on Bloomberg TV that it was possible to taper down the $85 billion in monthly asset purchases by the fall “if the economy does better and if the labor market continues to improve” in the face of tighter fiscal policies. …
Read more here: Too soon to dial back Fed stimulus: Dudley
BEIRUT (Reuters) – Syria’s leading opposition group called on Wednesday for rebels across the country to send reinforcements to the strategic border town Qusair, where heavy fighting has drawn in fighters from Lebanon’s powerful Hezbollah movement. Rebels fighting to topple President Bashar al-Assad said air strikes and shelling rocked the small town on the Syrian-Lebanese border that has become a fierce battleground that could determine control of critical supply lines. …
Read more here: Syria opposition calls for reinforcements in embattled Qusair
PARIS (AP) — France’s National Assembly is taking up an education reform bill that would allow public universities to hold some courses — like science or economics classes — in English, a plan that has alarmed language purists and the political far-right alike.
Read more here: Mais non! French universities may teach in English
LONDON (AP) — The International Monetary Fund has softened its assessment of the British government’s economic policies, saying in a report Wednesday that it did well to ease its pace of austerity cuts, but stressing more was needed to support the recovery.
Read more here: IMF softens views on UK government's policies
CANNES, France (AP) — The Cannes Film Festival is missing one of its biggest stars of this year's festival: Ryan Gosling.
Read more here: Gosling misses Cannes premiere, sends his regrets
By Alex Dobuzinskis LOS ANGELES (Reuters) – Voters strongly supported a ballot measure to sharply curtail the number of medical marijuana dispensaries permitted to operate in Los Angeles while boosting taxes on the sale of pot for health reasons, election returns early on Wednesday showed. The proposal appeared headed for passage. Returns showed 63 percent of voters supporting it compared with 37 percent opposed, after tabulation of more than 40 percent of ballots cast at polling stations on Tuesday, and all of the mail-in ballots received as of last Friday. …
Read more here: Los Angeles voters OK move to curtail medical marijuana outlets
LONDON (AP) — Investors were edgy Wednesday ahead of the appearance of U.S. Federal Reserve chairman Ben Bernanke before lawmakers in Congress.
Read more here: Investors edgy ahead of Bernanke testimony
(Reuters) – Staples Inc reported a slightly lower-than-expected quarterly profit on Wednesday, hurt by a stronger dollar and weak sales in Europe and Australia. The largest U.S. office supplies retailer said income from continuing operations fell to $170.4 million, or 26 cents a share, in the first quarter ended on May 4 from $192.9 million, or 28 cents a share, a year earlier. Analysts on average were looking for a profit of 27 cents a share on that basis, according to Thomson Reuters I/B/E/S. (Reporting by Dhanya Skariachan; Editing by Lisa Von Ahn)
Read more here: Staples quarterly profit misses analysts' estimates