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| Senators unveil immigration reform as Hispanic influence grows Monday, Jan 28, 2013 05:07 PM PST  WASHINGTON (Reuters) - Reflecting the growing influence of Hispanics in American politics, a group of Republican and Democratic U.S. senators on Monday said they will move quickly with legislation giving 11 million illegal immigrants a chance to become citizens. That new political reality, and a change in public opinion on immigration, makes this effort at comprehensive reform more likely to succeed than those of the past, they said, acknowledging that it still won't be easy. ... Full Story | Top |
| Senate approves $50.5 billion in long-delayed Superstorm Sandy aid Monday, Jan 28, 2013 05:26 PM PST  WASHINGTON (Reuters) - A long-delayed $50.5 billion aid package for victims of Superstorm Sandy cleared the Senate on Monday, three months after the storm destroyed or damaged hundreds of thousands of homes and businesses in coastal New York, New Jersey and Connecticut. The package, approved 62-36 in the Democratic-controlled Senate, now goes to President Barack Obama to be signed into law. Added to flood insurance legislation passed by Congress earlier this month, it brings Sandy aid appropriations to $60.2 billion. All the opposing lawmakers were Republicans. ... Full Story | Top |
| Yahoo sees revenue climb this year, but long road ahead Monday, Jan 28, 2013 06:54 PM PST  (Reuters) - Yahoo Inc forecast a modest uptick in revenue for the current year as it revamps its family of websites but Chief Executive Marissa Mayer warned it would be a long journey to revive the Internet company's fortunes. In Yahoo's first financial outlook since Mayer became CEO in July, the company outlined a plan to trigger a "chain reaction of growth" by overhauling a dozen of its online services to increase the amount of time users spent on its websites. It also pointed to strength in its search advertising business and progress made in improving its internal operations. ... Full Story | Top |
| Brazil detains band, club owners after deadly nightclub fire Monday, Jan 28, 2013 06:15 PM PST  SANTA MARIA, Brazil (Reuters) - Brazilian police investigating a nightclub fire that killed 231 people detained on Monday the owners of the club and two band members whose pyrotechnics show authorities say triggered the blaze. No charges were filed against the four men, but prosecutors said they could be held for up to five days as police press them for clues as to how the fire early Sunday morning could have caused so many deaths. Stunned residents in the southern city of Santa Maria attended a marathon of funerals beginning in the pre-dawn hours. ... Full Story | Top |
| French seal off Mali's Timbuktu, rebels torch library Monday, Jan 28, 2013 01:03 PM PST  GAO, Mali (Reuters) - French and Malian troops retook control of Timbuktu, a UNESCO World Heritage site, on Monday after Islamist rebel occupiers fled the ancient Sahara trading town and torched several buildings, including a library holding priceless manuscripts. The United States and the European Union are backing a French-led intervention in Mali against al Qaeda-allied militants they fear could use the West African state's desert north as a springboard for international attacks. ... Full Story | Top |
| Egyptian protesters defy curfew, attack police stations Monday, Jan 28, 2013 02:52 PM PST  CAIRO/ISMAILIA, Egypt (Reuters) - Egyptian protesters defied a nighttime curfew in restive towns along the Suez Canal, attacking police stations and ignoring emergency rule imposed by Islamist President Mohamed Mursi to end days of clashes that have killed at least 52 people. At least two men died in overnight fighting in the canal city of Port Said in the latest outbreak of violence unleashed last week on the eve of the anniversary of the 2011 revolt that brought down autocrat Hosni Mubarak. Political opponents spurned a call by Mursi for talks on Monday to try to end the violence. ... Full Story | Top |
| Insight: Apple's grip on carriers, suppliers loosens Monday, Jan 28, 2013 01:21 PM PST  SAN FRANCISCO (Reuters) - Apple Inc's shareholders have been hit by one of the bloodiest weeks in the history of the stock, but wider fallout from such weakness might be more important to the long-term value of their investments. While Apple's iPhones, iPads and Macs remain gold standards, signs the company is losing some of its edge in the smartphone market suggest its clout with business partners could wane. Recent comments from executives at phone carriers and component suppliers show they see room for at least some shift in the balance of power. In particular, a move by No. ... Full Story | Top |
| Gauge of U.S. business spending plans edges higher Monday, Jan 28, 2013 11:04 AM PST  WASHINGTON (Reuters) - A gauge of U.S. business investment plans improved in December, a sign companies were betting the economy will pick up despite fears over tighter fiscal policy. The Commerce Department said on Monday that non-defense capital goods orders excluding aircraft, a closely watched proxy for investment plans, edged up 0.2 percent last month. Many economists expected businesses to invest more timidly late last year because of uncertainty over government spending cuts and tax increases, which had been scheduled to kick in this month. ... Full Story | Top |
| Dutch Queen abdicates, Willem-Alexander to succeed Monday, Jan 28, 2013 12:33 PM PST  AMSTERDAM (Reuters) - Dutch Queen Beatrix, who turns 75 on Thursday, announced she was abdicating in favor of her son, Prince Willem-Alexander, telling her country it was time to hand the crown to the next generation after more than three decades on the throne. Willem-Alexander, 45, who will be sworn in as king on April 30, is married to Princess Maxima, who comes from Argentina, and has three young children. ... Full Story | Top |
| Iran launches monkey into space, showing missile progress Monday, Jan 28, 2013 12:51 PM PST  DUBAI (Reuters) - Iran said on Monday it had launched a live monkey into space, seeking to show off missile systems that have alarmed the West because the technology could potentially be used to deliver a nuclear warhead. The Defense Ministry announced the launch as world powers sought to agree a date and venue with Iran for resuming talks to resolve a standoff with the West over Tehran's contested nuclear program before it degenerates into a new Middle East war. ... Full Story | Top |
| Brazil detains band, club owners after deadly nightclub fire Monday, Jan 28, 2013 02:33 PM PST  SANTA MARIA, Brazil (Reuters) - Brazilian police investigating a nightclub fire that killed 231 people detained on Monday the owners of the club and two band members whose pyrotechnics show authorities say triggered the blaze as the focus turned to finding those responsible for the tragedy. No charges were filed against the four men, but prosecutors said they could be held for up to five days as police press them for clues as to how the fire early Sunday morning could have caused so many deaths. ... Full Story | Top |
| Exclusive: Japan eased safety standards ahead of Boeing 787 rollout Monday, Jan 28, 2013 01:41 AM PST  TOKYO (Reuters) - Japan's government stepped in to give Boeing Co's now-grounded 787 Dreamliner and its made-in-Japan technology a boost in 2008 by easing safety regulations, fast-tracking the rollout of the groundbreaking jet for Japan's biggest airlines, according to records and participants in the process. ... Full Story | Top |
| Senate immigration reform backers seek quick action Monday, Jan 28, 2013 01:18 PM PST WASHINGTON (Reuters) - A bipartisan group of senators who have agreed on an immigration reform plan said on Monday they hope to move quickly with legislation giving 11 million illegal immigrants a chance to eventually become American citizens. The four Democrats and four Republicans released the outline of a comprehensive immigration reform effort - one with plenty of details missing - that still must be turned into legislation. ... Full Story | Top |
| Pending home sales take a breather in December Monday, Jan 28, 2013 07:37 AM PST  WASHINGTON (Reuters) - Contracts to buy previously owned homes unexpectedly fell in December after three months of gains, an industry group said on Monday, but the housing market recovery remains intact. The National Association of Realtors said its Pending Home Sales Index, based on contracts signed last month, dropped 4.3 percent to 101.7. Economists polled by Reuters had expected signed contracts, which become sales after a month or two, to rise 0.3 percent after a previously reported 1.7 percent increase in November. ... Full Story | Top |
| Insight: Irish banks at mercy of international paymasters Monday, Jan 28, 2013 07:56 AM PST  LONDON/DUBLIN (Reuters) - Ireland's banking recovery could yet be derailed by its international creditors. The European Central Bank's refusal so far to give Dublin any relief on the 30-billion euro cost of bailing out Anglo Irish Bank is a major setback for government ambitions to exit an EU-IMF bailout this year and give the euro zone its first post-crisis success story. The failure to agree a deal on Anglo Irish also overshadows the country's banks. ... Full Story | Top |
| Caterpillar sets cautious tone for year after low profit Monday, Jan 28, 2013 12:49 PM PST  (Reuters) - Caterpillar Inc , the world's largest maker of construction equipment, posted a 55 percent drop in quarterly profit on Monday and set a cautious tone for the year, citing weak demand and oversupply. Executives at the company, which last year slashed production to reduce inventory, balanced their optimism on recent improvements in U.S. housing starts with concern about China's slowing growth, the U.S. deficit and eurozone instability. However, investors took heart in Caterpillar's 2013 profit forecast of $7 to $9 per share, lifting the stock 1.8 percent in afternoon trading. ... Full Story | Top |
| Russian court postpones hearing in whistleblower's case Monday, Jan 28, 2013 01:25 AM PST MOSCOW (Reuters) - A Moscow court postponed a preliminary hearing on Monday in the posthumous trial of whistleblower Sergei Magnitsky, whose death in custody has damaged Russia's image and strained ties with the United States. The court appointed a legal team to defend Magnitsky during the trial after his family and lawyers refused to attend Monday's hearing because they say the case is politically motivated. Magnitsky was 37 when he died after 358 days in jail on suspicion of tax evasion and fraud, during which he said he was denied treatment as his health declined. ... Full Story | Top |
| Scores hurt as Islamists take to Bangladesh streets over tribunal Monday, Jan 28, 2013 03:17 AM PST  DHAKA (Reuters) - At least 50 people including policemen were injured in Bangladesh on Monday as Islamist activists protested against the prosecution of their leaders on charges stemming from a war of independence 40 years ago, police and witnesses said. Protesters set off crude explosives and threw bricks at police who tried to disperse them with teargas, batons and some shots in the air, witnesses said. "The Islamists vandalized dozens of vehicles and set fire to two buses in Motijheel commercial area and other places in the city," a police officer said. ... Full Story | Top |
| Iran launches monkey into space: state news agency Monday, Jan 28, 2013 06:40 AM PST DUBAI (Reuters) - Iran has successfully launched a live monkey into space, the state news agency IRNA said on Monday, touting it as an advance in a missile and space program that has alarmed the West and Israel. There was no independent confirmation of the report, which quoted a defense ministry statement. It said the launch coincided "with the days of" the Prophet Mohammad's birthday last week but gave no date. IRNA said the monkey was sent into space on a Kavoshgar rocket. The rocket reached a height of more than 120 km (75 miles) and "returned its shipment intact", IRNA reported. ... Full Story | Top |
| Dead end trail to Bo trial in China's south Monday, Jan 28, 2013 01:38 AM PST  GUIYANG, China (Reuters) - China scotched reports that disgraced politician Bo Xilai's much anticipated trial would open on Monday, amid chaotic scenes at a courthouse packed with expectant journalists in the south of the country. A report last week in a Beijing-backed Hong Kong newspaper prompted dozens of reporters to travel to the sleepy city of Guiyang expecting to cover the trial of the man who was once considered a contender for China's top leadership. The paper has been known to reliably report news Chinese state media won't touch. ... Full Story | Top |
| Preserve CIA prisons as evidence, lawyers for September 11 suspects ask Monday, Jan 28, 2013 12:05 PM PST  GUANTANAMO BAY U.S. NAVAL BASE, Cuba (Reuters) - - Lawyers for five alleged conspirators who attacked America on September 11 and say they were tortured in secret CIA prisons have asked a U.S. military judge to order that the prisons be preserved as evidence. The issue is one of more than two dozen on the docket for a week of pretrial hearings that began on Monday in the war crimes tribunal at the Guantanamo Bay U.S. Naval Base in Cuba. The defendants include Khalid Sheikh Mohammed, the accused mastermind of the hijacked plane attacks that killed 2,976 people on September 11, 2001. ... Full Story | Top |
| China says concerned by Japan's move to boost military Monday, Jan 28, 2013 01:10 AM PST BEIJING (Reuters) - China expressed concern on Monday after Japan unveiled plans to boost the number of its military personnel, as a bitter territorial dispute between the two countries drags on. Japan's Defence Minister Itsunori Onodera said on Sunday the government would increase the number of personnel, now standing at about 225,000, by 287 in the next fiscal year starting in April, the biggest rise in two decades. The figure represents an expansion of about 0.1 percent. ... Full Story | Top |
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