Reuters: Top News

Emergency declared as 7.1 quake hits New Zealand

Sat, 04 Sep 2010 02:51:20 -0400

WELLINGTON (Reuters) - Authorities declared a state of emergency after a major earthquake hit New Zealand's second biggest city early on Saturday, bringing down power lines, ripping up roads and wrecking building facades, but authorities reported no deaths.

Taxpayers likely to face initial loss on GM IPO: sources

Fri, 03 Sep 2010 19:33:47 -0400

NEW YORK/DETROIT (Reuters) - The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker's stock, six people familiar with preparations for the landmark IPO said.

Obama to address new economic ideas next Wednesday

Fri, 03 Sep 2010 18:14:13 -0400

WASHINGTON (Reuters) - President Barack Obama said on Friday he would outline new measures next week to boost the U.S. economy, but analysts were skeptical he would be able to deliver a big enough package to lift growth significantly.

U.S. and Israel spying behind BlackBerry woe: Dubai police

Fri, 03 Sep 2010 10:30:42 -0400

DUBAI (Reuters) - Concerns over Israeli access to BlackBerry data, and the use of the device by the United States to spy on the United Arab Emirates are behind the Gulf state's moves to curb the smartphone, Dubai's police chief said.

Earl weakens to storm

Sat, 04 Sep 2010 00:15:45 -0400

HYANNIS, Massachusetts (Reuters) - Hurricane Earl, which earlier in the week was a storm of major proportions that threatened the U.S. East Coast, weakened to a tropical storm on Friday as it swirled offshore toward Canada.

Bomb kills 54 in Pakistan, Taliban threatens U.S.

Sat, 04 Sep 2010 01:03:51 -0400

QUETTA, Pakistan (Reuters) - A suicide bomber struck a rally in the Pakistani city of Quetta on Friday, killing at least 54 people in the second major attack this week and piling pressure on a U.S.-backed government overwhelmed by a flood crisis.

Government says no leaking oil at Mariner platform

Fri, 03 Sep 2010 22:27:59 -0400

HOUSTON (Reuters) - U.S. government inspectors found no leaking oil at Mariner Energy Inc's burned platform in the Gulf of Mexico, officials said late on Friday, allaying fears about more environmental damage after BP's massive spill.

Google faces Texas AG inquiry, settles privacy suit

Fri, 03 Sep 2010 20:01:26 -0400

SAN FRANCISCO (Reuters) - Google Inc said on Friday it was the target of an investigation by the Texas Attorney General's office into the fairness of its search engine rankings.

Madoff investors win $12.74 mln in Merkin case

Fri, 03 Sep 2010 21:14:57 -0400

NEW YORK (Reuters) - Investors in Gabriel Capital LP, a so-called feeder fund that funneled money to imprisoned swindler Bernard Madoff, were awarded $12.74 million by a panel of three arbitrators, court records show.

BP replaces failed blowout preventer on Gulf well

Sat, 04 Sep 2010 01:16:47 -0400

HOUSTON (Reuters) - BP Plc successfully replaced a failed blowout preventer from atop its ruptured Gulf of Mexico oil well late on Friday, the top U.S. official overseeing the spill response said.