Reuters: Top News

Exclusive: Order knew for months about priest scandal: Vatican official

Wed, 16 May 2012 13:23:35 -0400

VATICAN CITY (Reuters) - Leaders of the scandal-plagued Legionaries of Christ religious order knew that their most famous priest had fathered a child for many months before they acknowledged it this week, a top Vatican official told Reuters on Wednesday.

Housing, industrial data point to steady growth

Wed, 16 May 2012 12:04:01 -0400

WASHINGTON (Reuters) - Groundbreaking for U.S. homes rebounded in April and factory activity gained steam, suggesting a moderate pick up in economic growth early in the second quarter.

Fed keeps bond-buying door open: minutes

Wed, 16 May 2012 14:18:20 -0400

(Reuters) - Federal Reserve policymakers kept the door open to a fresh round of monetary stimulus, citing downside risks to a moderately expanding economy, according to minutes for the central bank's April meeting.

Judge to lead Greece to fateful June 17 vote

Wed, 16 May 2012 13:36:34 -0400

ATHENS (Reuters) - Greece put a senior judge in charge of an emergency government on Wednesday to lead it to new elections on June 17 and bankers sought to calm public fears after the president said political chaos risked causing panic and a run on deposits.

Exclusive: ECB stops operations with some Greek banks

Wed, 16 May 2012 13:52:24 -0400

BERLIN/FRANKFURT (Reuters) - The European Central Bank has stopped providing liquidity to some Greek banks as they have not been successfully recapitalized, the ECB said on Wednesday, confirming news earlier reported exclusively by Reuters.

Breivik killed with joyous "battle cry": survivors

Wed, 16 May 2012 10:48:04 -0400

OSLO (Reuters) - Anders Behring Breivik screamed a "battle cry" and appeared both angry and joyous as he shot his victims one by one, survivors of the Norwegian far-right killer's massacre told a court on Wednesday.

Apple readies iPhone with bigger screen: sources

Wed, 16 May 2012 12:40:34 -0400

TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said on Wednesday.

Syria's Assad: Nations who "sow chaos" will suffer

Wed, 16 May 2012 13:32:56 -0400

AMMAN (Reuters) - Syrian President Bashar al-Assad said on Wednesday that countries trying to "sow chaos" in Syria could be infected with it themselves, an apparent warning to Arab Gulf nations that back the insurgency aimed at forcing him from power.

AIG to sell AIA shares after lock-up ends in September

Wed, 16 May 2012 11:50:38 -0400

(Reuters) - Bailed-out insurer American International Group Inc will sell its shares in Asian insurer AIA Group Ltd after a lock-up period expires in early September, Chief Executive Bob Benmosche said on Wednesday.

Facebook IPO triggers retail investor craze

Wed, 16 May 2012 13:05:08 -0400

SAN FRANCISCO (Reuters) - If "Facebook For Dummies" helped you find friends and post pictures on the world's No. 1 online social network, then consider "Facebook IPO Confidential" which purports to teach you "How To Get Rich With The IPO Of The Century."