Reuters: Top News

Iraq's election race tight as results delayed again

Fri, 12 Mar 2010 07:22:13 -0500

BAGHDAD (Reuters) - Prime Minister Nuri al-Maliki had a modest lead over rival Shi'ites, partial results from Iraq's tight election race showed on Friday, but a secularist challenger remained far ahead among Iraqi Sunnis.

Obama to tap Yellen for Fed vice chair: source

Fri, 12 Mar 2010 06:15:16 -0500

WASHINGTON (Reuters) - President Barack Obama plans to nominate San Francisco Federal Reserve Bank President Janet Yellen, a respected policy dove, to be vice chairman of the central bank, a source familiar with the process said on Thursday.

Leave yuan to us, China tells Obama

Fri, 12 Mar 2010 03:12:14 -0500

BEIJING (Reuters) - The United States should not make a political issue out of the yuan, a Chinese central banker said on Friday, as the two countries lurched toward a potential bust-up over Beijing's currency regime.

Bank reform talks fail, Dodd to go solo

Thu, 11 Mar 2010 17:51:28 -0500

WASHINGTON (Reuters) - Chances of a broad overhaul of U.S. financial regulation dimmed on Thursday after bipartisan Senate talks collapsed, jeopardizing a top Obama administration priority and boosting bank share prices.

Toyota discounts boost sales

Thu, 11 Mar 2010 23:18:18 -0500

DETROIT/WASHINGTON (Reuters) - Unprecedented discounts after a series of damaging recalls boosted Toyota Motor Corp's U.S. sales in early March, as U.S. regulators weighed new auto safety measures.

New York's "Ground Zero" workers reach deal on claims

Fri, 12 Mar 2010 02:57:29 -0500

NEW YORK (Reuters) - Thousands of workers who suffered health problems after the September 11 attacks in 2001 have reached a settlement worth up to $657.5 million with an insurer representing the city of New York, city officials and lawyers said on Thursday.

Greek jobless rate eases but recession entrenched

Fri, 12 Mar 2010 06:20:44 -0500

ATHENS (Reuters) - Greece's gross domestic product shrank slightly less than feared at the end of 2009 and unemployment eased, but the economy looked set to deteriorate as the government imposes major cutbacks.

China calls U.S. a hypocrite over human rights

Fri, 12 Mar 2010 05:51:45 -0500

BEIJING (Reuters) - China accused Washington of hypocrisy on Friday for its criticism of Beijing's restrictions on the Internet and dissent, blaming the United States for the financial crisis and saying its own rights record was terrible.

Democrats move closer to healthcare deal

Thu, 11 Mar 2010 20:01:36 -0500

WASHINGTON (Reuters) - Congressional Democrats drew closer on Thursday to agreement on a broad healthcare overhaul that could clear the way for a final vote in the next few weeks, but vowed not to be bound by White House deadlines.

Sen. Reid's family injured in car accident

Thu, 11 Mar 2010 22:53:00 -0500

WASHINGTON (Reuters) - The wife and daughter of Senate Majority Leader Harry Reid were seriously injured on Thursday when their vehicle was rear-ended by a truck on a highway, the senator's office said.