Source Match Local News
Amid criticism, nuclear chief Jaczko resigns
WASHINGTON (Reuters) - Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday he would resign, following a year of intense criticism over his abrasive management tactics. Jaczko, 41, was a polarizing figure who oversaw the nuclear safety agency as it crafted expensive new rules in the wake of the 2011 earthquake and tsunami that devastated Japan's Fukushima Daiichi nuclear complex. ...
Amid criticism, nuclear chief Jaczko resigns
WASHINGTON (Reuters) - Gregory Jaczko, chairman of the U.S. Nuclear Regulatory Commission, said on Monday he would resign, following a year of intense criticism over his abrasive management tactics. Jaczko, 41, was a polarizing figure who oversaw the nuclear safety agency as it crafted expensive new rules in the wake of the 2011 earthquake and tsunami that devastated Japan's Fukushima Daiichi nuclear complex. ...
Russia's Shuvalov survives despite whiff of scandal
Fed's Lockhart says circumstances not ripe for QE3
(Reuters) - The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a top Federal Reserve official said on Monday. Atlanta Federal Reserve Bank President Dennis Lockhart said the central bank's policy panel should push forward with efforts to give the public and financial markets a better understanding of how it would react to incoming information on the economy. ...
Fed's Lockhart says circumstances not ripe for QE3
(Reuters) - The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a top Federal Reserve official said on Monday. Atlanta Federal Reserve Bank President Dennis Lockhart said the central bank's policy panel should push forward with efforts to give the public and financial markets a better understanding of how it would react to incoming information on the economy. ...
Fed's Lockhart says circumstances not ripe for QE3
(Reuters) - The U.S. economy needs "measured" efforts to bolster growth, but the central bank should focus on improving its communications because circumstances do not warrant further bond buying at this time, a top Federal Reserve official said on Monday. Atlanta Federal Reserve Bank President Dennis Lockhart said the central bank's policy panel should push forward with efforts to give the public and financial markets a better understanding of how it would react to incoming information on the economy. ...
City of Manassas approves budget
News Summary: Local currencies take root in Greece
Judge: No trial delay for ex-Penn State assistant coach
(Reuters) - A judge denied a motion on Monday to delay the start of the child sex-abuse trial of former Penn State University assistant football coach Jerry Sandusky, according to court papers. As a result of the ruling from Judge John Cleland, of the Court of Common Pleas for Centre County, Pennsylvania, Sandusky's trial will get underway on June 5. Cleland's decision was issued in a one-page ruling posted to the court's website Monday morning. Sandusky's lawyer had sought a delay to allow more time to review evidence in the case. ...
Oil up slightly on hope for better demand in China
Supreme court rules for government on immigrants' residence
Supreme court rules for government on immigrants' residence
City Room: Cornell's High-Tech Campus Will Have a Temporary Home at Google
City of fear at heart of Nigeria's Islamist uprising
Economists more upbeat about job growth, housing
U.S. top court decides in vitro fertilization benefits
U.S. top court decides in vitro fertilization benefits
Putin tightens grip with new government
MOSCOW (Reuters) - Russian President Vladimir Putin unveiled a government dominated by loyalists on Monday, tightening his grip on the economy and national security after protests, and limiting Prime Minister Dmitry Medvedev's ability to pursue market reforms. Putin, 59, opted for continuity by retaining his ally Igor Shuvalov as first deputy prime minister in charge of economic policy, while Igor Sechin will remain his energy chief in a role outside the government. ...
Supreme Court to hear government eavesdropping appeal
Spain Minister: Bankia needs to bolster defenses
City of London IT - Issue of Equity
City Room: Reforming Stop-and-Frisk by Adding More Stops
Sweet IQ Unveiling at TechCrunch Disrupt
Russian leader Putin names new Cabinet
Hollande faces first French banking test
PARIS (Reuters) - The fate of a struggling small French mortgage lender will be the first banking test for President Francois Hollande, as he attempts to deliver on campaign promises of economic growth and tougher financial regulation. Policymakers and bankers are scrambling to avert an outright collapse of Credit Immobilier de France, whose future was thrown into doubt after Moody's cut its standalone bank financial strength rating and said it was no longer viable without support. ...
Spain: no need for European funds to help banks
Key witness in Clemens trial to take stand again
WASHINGTON (Reuters) - Government prosecutors on Monday will try to salvage the credibility of their key witness in the perjury trial of former Major League Baseball star Roger Clemens when his ex-trainer who said he supplied the pitching ace with drugs takes the stand. Brian McNamee, the most important witness for federal prosecutors who have charged Clemens with lying to the U.S. Congress about using the performance-enhancing drugs, will be wrapping up more than 20 hours of testimony in U.S. District Court. ...
Key witness in Clemens trial to take stand again
WASHINGTON (Reuters) - Government prosecutors on Monday will try to salvage the credibility of their key witness in the perjury trial of former Major League Baseball star Roger Clemens when his ex-trainer who said he supplied the pitching ace with drugs takes the stand. Brian McNamee, the most important witness for federal prosecutors who have charged Clemens with lying to the U.S. Congress about using the performance-enhancing drugs, will be wrapping up more than 20 hours of testimony in U.S. District Court. ...
City Council To Vote On Villaraigosa’s $7.2B Budget
Greek euro zone exit unlikely, say money market traders
New wine glasses aim to balance "water and fire"
Jury to reconvene in ex-Senator Edwards' federal trial
GREENSBORO, North Carolina (Reuters) - Jurors were set to resume deliberations on Monday in the federal campaign finance case against former U.S. Senator John Edwards, who is accused of using campaign funds to hide his pregnant mistress as he sought the presidency. A jury of eight men and four women in Greensboro, North Carolina, considered the case for about 5 1/2 hours on Friday before breaking for the weekend. They must reach a unanimous verdict to convict Edwards, a two-time presidential candidate and the Democrats' 2004 vice presidential nominee, on any of the six felony counts he faces. ...
Jury to reconvene in ex-Senator Edwards' federal trial
GREENSBORO, North Carolina (Reuters) - Jurors were set to resume deliberations on Monday in the federal campaign finance case against former U.S. Senator John Edwards, who is accused of using campaign funds to hide his pregnant mistress as he sought the presidency. A jury of eight men and four women in Greensboro, North Carolina, considered the case for about 5 1/2 hours on Friday before breaking for the weekend. They must reach a unanimous verdict to convict Edwards, a two-time presidential candidate and the Democrats' 2004 vice presidential nominee, on any of the six felony counts he faces. ...
Spain to slump further but will hit deficit goal
MADRID (Reuters) - Spain said on Monday it would meet its deficit targets this year despite a new slippage in its regions' accounts and a further contraction of the economy in the second quarter. Economy Minister Luis de Guindos said economic activity would likely slump by another 0.3 percent between April and June, further fuelling doubts about the country's ability to get a grip on in its finances and nurse an ailing banking sector back to health. ...
At least 45 arrests, some injuries in Chicago anti-NATO clashes
CHICAGO (Reuters) - Four police officers were injured and 45 demonstrators arrested after baton-wielding police clashed with anti-war protesters marching on the NATO summit in Chicago on Sunday, police said. A lawyer's group assisting protesters challenged police figures, saying at least 12 protesters were hurt, some with head wounds from police batons, and more than 60 people detained. The confrontation began after a 2 1/2 mile march from a Chicago park to near the site of the summit, where leaders of the NATO alliance are discussing the war in Afghanistan. ...
At least 45 arrests, some injuries in Chicago anti-NATO clashes
CHICAGO (Reuters) - Four police officers were injured and 45 demonstrators arrested after baton-wielding police clashed with anti-war protesters marching on the NATO summit in Chicago on Sunday, police said. A lawyer's group assisting protesters challenged police figures, saying at least 12 protesters were hurt, some with head wounds from police batons, and more than 60 people detained. The confrontation began after a 2 1/2 mile march from a Chicago park to near the site of the summit, where leaders of the NATO alliance are discussing the war in Afghanistan. ...
Barloworld pins hopes on China and Russia
JOHANNESBURG (Reuters) - South African industrial group Barloworld expects Chinese and Russian demand for resources to underpin growth for equipment such as forklifts and trucks, its chief executive told Reuters in an interview. Worries about slowing demand from the world's second-largest economy have hit commodities and led miners to defer spending plans. Yet Clive Thompson, head of the $2.3 billion equipment supply company, said such fears may be overblown. ...
Gay advocates urge no prison time for Rutgers student
NEW BRUNSWICK, New Jersey (Reuters) - A former Rutgers University student faces up to 10 years in prison at his sentencing on Monday for hate crimes after spying on his roommate's gay tryst, but many gay advocates are calling for no time behind bars. Tyler Clementi, 18, committed suicide in 2010 after learning that Dharun Ravi used a computer-mounted camera to see him kissing an older man in their dorm room and used social media to encourage others to watch. ...
Gay advocates urge no prison time for Rutgers student
NEW BRUNSWICK, New Jersey (Reuters) - A former Rutgers University student faces up to 10 years in prison at his sentencing on Monday for hate crimes after spying on his roommate's gay tryst, but many gay advocates are calling for no time behind bars. Tyler Clementi, 18, committed suicide in 2010 after learning that Dharun Ravi used a computer-mounted camera to see him kissing an older man in their dorm room and used social media to encourage others to watch. ...
Egypt's GDP grows 5.2 pct in Q1 2012: minister
Analysis: China eschews fiscal fanfare for supportive spending
Harrisburg City Islanders Defeat Dayton Dutch Lions