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ROME (Reuters) - Thousands of people protested in Rome on Saturday against austerity policies and high unemployment, urging new Prime Minister Enrico Letta to focus on creating jobs to help pull the country out of recession. "We hope that this government will finally start listening to us because we are losing our patience," said Enzo Bernardis, who joined the sea of protesters waving red flags and calling for more workers' rights and better contracts. ...
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RAMADI, Iraq (Reuters) - Suspected Sunni Muslim militants killed four state-backed Sunni fighters in Iraq on Saturday, security sources said, apparently viewing them as collaborators with the Shi'ite-led government of a nation plagued by sectarian hatred. Sunni-Shi'ite tensions in Iraq have been amplified by the conflict between mostly Sunni rebels and President Bashar al-Assad's Alawite-dominated forces in neighboring Syria. ...
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SEOUL (Reuters) - North Korea fired three short-range missiles from its east coast on Saturday, South Korea's Defense Ministry said, but the purpose of the launches was unknown. Launches by the North of short-term missiles are not uncommon, but the ministry would not speculate whether these latest launches were part of a test or training exercise. "North Korea fired short-range guided missiles twice in the morning and once in the afternoon off its east coast," an official at the South Korean Defense Ministry spokesman's office said by telephone. ...
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By Angela Moon NEW YORK (Reuters) - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old. Concerns about a technical correction have been a hot topic for weeks, especially as the rally accelerated in May - the S&P 500 is up 4.4 percent so far this month and up nearly 17 percent for the year. But as the three major U.S. stock indexes inch higher and higher to set record after record, many analysts are shrugging off the pullback worries. ...
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By Emily Flitter and Katya Wachtel NEW YORK (Reuters) - Steven A. Cohen's hedge fund SAC Capital Advisors told investors on Friday it would no longer cooperate "unconditionally" with the U.S. government's insider trading investigation. In a brief letter to investors, the $15 billion hedge fund did not elaborate but said it believes the next few months will be critical in the investigation. The firm said that "over the coming months there will be more clarity about the outcome of these matters. ...
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By Simon Falush and Timothy Gardner LONDON/WASHINGTON (Reuters) - A European probe into possible oil price manipulation expanded with the investigation of a small niche trading house in the Netherlands, while a key U.S. senator on Friday called for the Justice Department to join the investigation. Dutch trading house Argos Energies, a mid-sized trading company that deals in physical oil products and owns storage facilities, was visited by inspectors from the European Commission on Tuesday, a source familiar with the investigation said on Friday. ...
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LAS VEGAS (AP) — O.J. Simpson's former lawyer defended himself point-by-point Friday against allegations he botched the former football star's armed-robbery trial, after giving damaging testimony that Simpson actually knew his buddies had guns when they went to a hotel room together to reclaim some sports memorabilia.
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MALMO, Sweden (AP) — An ethno-inspired flute and drum tune from Denmark is the bookmakers' favorite to win this year's Eurovision Song Contest on Saturday, which also features a bizarre opera pop number from Romania and an Armenian rock song written by the guitarist of Black Sabbath.
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MALMO, Sweden (AP) — Flashy skirts, fake tans, fur and feathers: It's the 2013 Eurovision Song Contest.
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BALTIMORE (AP) — All eyes will be on Kentucky Derby winner Orb in the Preakness Stakes on Saturday. The 3-year-old colt will take on eight challengers in the second leg of the Triple Crown. If he wins, Orb will attempt to become the first Triple Crown champion since Affirmed in 1978 at the Belmont Stakes on June 8. In the Preakness, Orb will be facing five horses he defeated in the Derby and three who did not run in the race.
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ROME (AP) — A week out from the French Open, Serena Williams is one victory away from winning her fourth consecutive title this year.
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KAVARNA, Bulgaria (AP) — Ryder Cup-winning teammates Graeme McDowell, Nicolas Colsaerts and Francesco Molinari are through to the quarterfinals of the World Match Play Championship.
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While applying with the Internal Revenue Service for tax-exempt status in 2009, an Iowa-based anti-abortion group was asked to provide information about its members' prayer meetings, documents sent by an IRS official to the organization reveal. On June 22, 2009, the Coalition for Life of Iowa received a letter from the IRS office in Cincinnati, [...]
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Following a rough, scandal-filled week in Washington, President Barack Obama got dressed down by a bunch of kids. During a visit to Moravia Park Elementary School in Baltimore, Md., Friday, the president was asked to do another challenging task: Draw a tiger. "I got to help with one of the lessons. We were having to [...]
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Today marks the one-week anniversary of the Internal Revenue Service's disclosure that it improperly scrutinized certain conservative groups applying for tax-exempt status. As an inspector general report on the practice found, groups with phrases like "tea party," "patriots" and "9/12 project" were targeted for the "Be On the Look Out" or "BOLO" list, and often [...]
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