REYKJAVIK, Iceland (AP) — Progressive Party leader Sigmundur David Gunnlaugsson has been chosen as Iceland’s new prime minister.

Read more here: Iceland forms new center-right government

ROME (AP) — A judge in Italy has ordered the captain of the Costa Concordia to stand trial in the shipwreck of the cruise liner, which struck a reef off Tuscany last year, killing 32 people.

Read more here: Trial for captain in deadly shipwreck in Italy

NEW YORK (AP) — Target Corp. is reporting a 26 percent drop in first-quarter profits as cool temperatures and financial pressures limited customers’ appetite for spending.

Read more here: Target's 1Q profit drops 26 pct on weak sales

WASHINGTON (AP) — The head of the Federal Emergency Management Agency says U.S. officials are “going neighborhood to neighborhood” to make sure Oklahoma gets the help it needs.

Read more here: FEMA Chief: Feds won't go 'when the cameras leave'

By Andrew Osborn LONDON (Reuters) – Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to “extraordinary lengths” to avoid paying tax. In comments designed to politically outflank Prime Minister David Cameron ahead of next month's G8 summit on what has become a high-profile issue, Ed Miliband, the Labour leader, said he was disappointed that Google paid so little tax. “I can't be the only person here who feels disappointed that such a great company as Google … …

Read more here: UK opposition party leader says Google tax behavior "wrong"

Get your DVR in order and control it from wherever you are with the updated TiVo app for iPad. The latest update makes it easier for you to find new content on your TV worth watching. Following that is Option Chain, a financial app designed to bring up-to-the-second market data to users, wherever they are. Finally, Star Trek Rivals turns the world of the new Star Trek films into a collectible card game and lets you challenge other fans in duels.

Read more here: New iPhone apps worth downloading: TiVo update, Option Chain, Star Trek Rivals

(Reuters) – Target Corp posted a 0.6 percent decline in first-quarter sales at U.S. stores open at least a year on Wednesday after warning investors one month ago that its results would be disappointing as a chilly start to spring kept shoppers from buying seasonal items such as clothing. Target earned $498 million, or 77 cents per share, in the first quarter ended on May 4, compared with a profit of $697 million, or $1.04 per share, a year earlier. (Reporting by Jessica Wohl in Chicago; Editing by Jeffrey Benkoe)

Read more here: Target first-quarter profit down on weather-related sales weakness

KIEV (Reuters) – Ukrainian Prime Minister Mykola Azarov ordered a dozen local reporters to be barred from covering government meetings after they staged a silent protest on Wednesday over physical attacks on journalists at a rally. “What kind of show is this?” Azarov said when reporters who were attending a cabinet meeting stepped in front of television cameras, turning their backs on Azarov and his colleagues. Signs pinned to their backs read: “Today it's a female journalist (beaten up), tomorrow – your wife, sister, daughter. …

Read more here: Ukraine PM bars reporters from government meetings after protest

NEW YORK (AP) — U.S. stock futures are rising with the nation's central bank seemingly committed to ushering along a financial rebound and the housing market nearing an important milestone.

Read more here: Futures rise; all eyes on the Fed

NEW YORK (Reuters) – Stock futures edged up in thin trading Wednesday, ahead of highly anticipated Congressional testimony by Federal Reserve Chairman Ben Bernanke on the economy and monetary policy. Bernanke is expected to strike a dovish tone when he addresses a congressional committee at 10:00 a.m. EDT. Earlier on Wednesday, influential New York Fed President William Dudley reinforced his own remarks Tuesday, when he damped speculation that the U.S. central bank was preparing to reduce its monetary stimulus. The Fed's ultra loose monetary policy is one of the main forces behind a rally in …

Read more here: Futures tick higher ahead of Bernanke testimony