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2012-05-19T10:13:35Z

Obama touts reforms after bank's $2 billion loss

President Barack Obama waves as he walks from the White House in Washington, Friday, May 18, 2012, to board Marine One, as he travels to Camp David for the G8 Summit. (AP Photo/Carolyn Kaster)President Barack Obama on Saturday pointed again to the multi-billion-dollar trading loss at JPMorgan Chase as a reason Congress should retain and continue to implement Wall Street reforms to prevent the kinds of practices that he says led to the financial meltdown in 2008.


2012-05-19T09:31:38Z

In Colorado, same-sex marriage remains a hot issue

FILE - In this May 8, 2012 file photo, partners Anna Simon, left, and Fran Simon embrace at a rally in support of Civil Unions at the Capitol in Denver. President Barack Obama's support for gay marriage has emboldened activists and politicians on both sides of the issue, setting off a flurry of political activity in a number of states and serving as a rallying point in others where votes on gay marriage laws are being held this fall. (AP Photo/Ed Andrieski, File)Minutes after President Barack Obama announced he supported gay marriage, the Democratic governor of Colorado choked back tears in Denver as he ordered state lawmakers to reconsider a civil-unions measure that Republicans had defeated the day before.


2012-05-19T08:26:46Z

Rubio's past includes political vulnerabilities
Sen. Marco Rubio has close ties to a colleague accused of questionable financial dealings. The freshman senator also once was enmeshed in a controversy over the use of the state party's credit card for his personal expenses. And he has faced increased scrutiny over his personal background since bursting onto the national political scene, including conflicting details of his parents' immigration from Cuba and his recently disclosed ties to the Mormon faith.
2012-05-19T10:13:35Z

Obama touts reforms after bank's $2 billion loss

President Barack Obama waves as he walks from the White House in Washington, Friday, May 18, 2012, to board Marine One, as he travels to Camp David for the G8 Summit. (AP Photo/Carolyn Kaster)President Barack Obama on Saturday pointed again to the multi-billion-dollar trading loss at JPMorgan Chase as a reason Congress should retain and continue to implement Wall Street reforms to prevent the kinds of practices that he says led to the financial meltdown in 2008.


2012-05-19T10:11:10Z

Greece confirms June 17 election date
ATHENS (Reuters) - Greece confirmed on Saturday that it would a hold a repeat general election on June 17, after party leaders failed to form a coalition government following an inconclusive election. "We are calling a general election for June 17. The new parliament will convene on June 28, Thursday," said a statement from the parliament's press office. The statement said President Karolos Papoulias had dissolved the parliament elected on May 6, two days after it was convened. The date of the new election was released last week but was not official until Papoulias issued Saturday's decree. ...
2012-05-19T10:01:32Z

Obama's Weekly Address - Implementing Wall St Reform
In the wake of JP Morgan Chase’s staggering trading loss, President Obama is urging Republicans to “keep moving forward” and finish implementing Wall Street reform. “We can’t afford to go back to an era of weak regulation and little oversight, where excessive risk-taking on Wall...
2012-05-19T09:58:19Z

Official denies death of second girl in Italy bombing
ROME (Reuters) - A second girl who was injured by a bomb blast in southern Italy on Saturday was in "very serious" condition after surgery, a civil protection official said, denying an earlier news report that she had died. A 16-year-old girl was confirmed killed in the explosion. Fabiano Amati, the region's civil protection representative, said that a second girl's condition was stable though grave after surgery. Six others suffered less serious injuries, Interior Minister Anna Maria Cancellieri said in an interview with SkyTG24. (Reporting by Steve Scherer; Editing by Louise Ireland)
2012-05-19T09:58:19Z

Bomb at south Italy school kills teenager, wounds six
ROME (Reuters) - A bomb exploded in front of a school in southern Italy on Saturday, killing a 16 year-old girl and wounding at least six others, two seriously, authorities said on Saturday. The explosion, near the entrance of a girls' school named after the wife of murdered anti-Mafia judge Giovanni Falcone, occurred as pupils were preparing to enter the school at the start of the school day, which in Italy includes Saturdays. ...
2012-05-19T09:56:24Z

AP NewsAlert

In a photo provided by the U.S. Coast Guard the unmanned Japanese fishing vessel Ryou-un Maru dirfts northwest in the Gulf of Alaska approximately 164 miles southwest of Baranof Island Wednesday April 4, 2012. The vessel has been adrift since it was launched by the tsunami caused by the magnitude-9.0 earthquake that struck Japan last year. The Coast Guard is monitoring the vessel, which is currently considered a hazard to navigation. (AP Photo/Petty Officer 1st Class Sara Francis, U.S. Coast Guard)Plane carrying Chinese blind activist and family departs for the United States.


2012-05-19T09:40:51Z

Blind Chinese activist gets passport, to leave soon for U.S.: friend

File photo of blind activist Chen Guangcheng speaking to U.S. Ambassador to China Gary Locke in BeijingBEIJING (Reuters) - Blind Chinese legal activist Chen Guangcheng obtained a passport at Beijing airport on Saturday after his release from hospital and will soon board a flight to the United States, a friend said, a move that would signal the end of a diplomatic crisis between the two countries. Chen told Jiang Tianyong, a prominent rights lawyer, by telephone that he and his family had been given their passports and were waiting to board their flight. "I just spoke to him and he said he was about to board the flight very soon," Jiang said. ...


2012-05-19T09:31:38Z

In Colorado, same-sex marriage remains a hot issue

FILE - In this May 8, 2012 file photo, partners Anna Simon, left, and Fran Simon embrace at a rally in support of Civil Unions at the Capitol in Denver. President Barack Obama's support for gay marriage has emboldened activists and politicians on both sides of the issue, setting off a flurry of political activity in a number of states and serving as a rallying point in others where votes on gay marriage laws are being held this fall. (AP Photo/Ed Andrieski, File)Minutes after President Barack Obama announced he supported gay marriage, the Democratic governor of Colorado choked back tears in Denver as he ordered state lawmakers to reconsider a civil-unions measure that Republicans had defeated the day before.


2012-05-19T08:32:04Z

Syrian TV: Suicide bomber carried out Deir al-Zor attack
BEIRUT (Reuters) - A suicide bomber carried out a car bombing in the eastern Syrian city of Deir al-Zor on Saturday, state television said. In a bulletin flashed over its regular programming, it said the bombing was the work of a "suicide terrorist". (Writing by Joseph Logan; Editing by Louise Ireland)
2012-05-19T08:26:46Z

Rubio's past includes political vulnerabilities
Sen. Marco Rubio has close ties to a colleague accused of questionable financial dealings. The freshman senator also once was enmeshed in a controversy over the use of the state party's credit card for his personal expenses. And he has faced increased scrutiny over his personal background since bursting onto the national political scene, including conflicting details of his parents' immigration from Cuba and his recently disclosed ties to the Mormon faith.
2012-05-19T08:18:28Z

Blind Chinese activist Chen says is at Beijing airport

File photo of U.S. Ambassador to China Gary Locke talking on a mobile phone as he accompanies blind activist Chen Guangcheng in a car, in BeijingBEIJING (Reuters) - Blind Chinese legal activist Chen Guangcheng said on Saturday he had left a hospital in Beijing and was at the airport where he expected to be departing for the United States, a move that would signal the end of a diplomatic crisis between the two country. Chen, who has been in hospital for the past three weeks since he sought refuge in the U.S. embassy, said he believed he would be headed on a flight to the United States, but added he was still uncertain of it. The U.S. embassy was not immediately available for comment. ...


2012-05-19T07:57:01Z

Car bomb hits Syria's Deir al-Zor, casualties reported
BEIRUT (Reuters) - A car bomb blew up in the eastern Syrian city of Deir al-Zor on Saturday, state television and an opposition group said, without giving details on casualties. A bulletin on Syrian state television said there were reports of casualties but did not elaborate. An opposition group, the Syrian Observatory for Human Rights, said the blast was near military intelligence offices and was followed by heavy gunfire. The group said the bomb went off on a street where a military hospital and air force intelligence offices are also located. ...
2012-05-19T07:27:27Z

Guest lineups for the Sunday news shows
Guest lineups for the Sunday TV news shows:
2012-05-19T05:59:28Z

Chinese activist Chen on way to airport, bound for U.S.

File handout photo from US Embassy Beijing Press office shows blind activist Chen Guangcheng sitting in a wheelchair as he is accompanied by U.S. Ambassador to China Gary Locke at a hospital in BeijingBEIJING (Reuters) - China has allowed blind legal activist Chen Guangcheng to leave a hospital in Beijing for the United States, a U.S.-based Christian advocacy group said on Saturday. Chen Guangcheng told Bob Fu, the president of Texas-based ChinaAid, that he and his family were heading to the Beijing airport now, according to an emailed statement from the group. Chen and his family "were informed to pack up and get ready to leave China" for the United States on Saturday, the statement said. Chen could not immediately be reached for comment. ...


2012-05-19T05:46:12Z

Chinese activist Chen on way to airport, bound for U.S. : advocacy group
BEIJING (Reuters) - China has allowed blind legal activist Chen Guangcheng to leave a hospital in Beijing for the United States, a U.S.-based Christian advocacy group said on Saturday. Chen Guangcheng told Bob Fu, the president of Texas-based ChinaAid, that he and his family were heading to the Beijing airport now, according to an emailed statement from the group. Chen and his family "were informed to pack up and get ready to leave China" for the United States on Saturday, the statement said. Chen could not immediately be reached for comment. ...
2012-05-19T05:13:15Z

Blind activist says China's "manipulation" of nephew's case will fail
BEIJING (Reuters) - Blind Chinese activist Chen Guangcheng said on Saturday the authorities' drive to manipulate his nephew's case would not succeed, but instead would increase public discontent over an episode that has renewed international focus on China's human rights and legal system. Chen Guangcheng's nephew, Chen Kegui, was denied his family's choice of lawyers on Friday to defend a charge of "intentional homicide", the latest in a series of moves to deny him legal representation, and underscores the hardline stance taken against Chen Guangcheng's family. ...
2012-05-19T05:04:54Z

Obama opens up Camp David for rustic VIP sleepover
CAMP DAVID, Maryland (Reuters) - Eight of the world's most powerful people spent Friday night in the woods. In a sort of VIP sleepover, G8 leaders bedded down in rustic cabins in rural Maryland, where the U.S. presidential retreat known as Camp David is hosting by far the largest international summit in its 70-year history. President Barack Obama welcomed his peers from Britain, France, Germany, Italy, Japan, Russia and Canada to the verdant compound on Friday evening, describing the weather as "perfect" with clear skies visible through tall oak and poplar trees. ...
2012-05-19T04:50:49Z

CFTC opens probe into JPMorgan trading loss - source

(Blank Headline Received)(Reuters) - The Commodity Futures Trading Commission (CFTC) has opened an investigation into possible wrongdoing at JPMorgan Chase & Co in connection with the bank's multi-billion-dollar trading loss, a source familiar with the probe told Reuters. The agency will soon disclose the existence of the investigation, the source said on Friday. Earlier on Friday, the New York Times reported that the CFTC had opened an enforcement case, quoting people briefed on the matter. The CFTC would join the FBI and the U.S. ...


2012-05-19T04:02:37Z

Alabama governor signs bill tweaking immigration law
MOBILE, Alabama (Reuters) - Alabama's governor signed into law revisions to the state's controversial immigration statute on Friday, despite his earlier suggestions he might veto the measure because it did not make enough changes to the toughest state crackdown against illegal immigrants. Republican Governor Robert Bentley had publicly urged lawmakers to modify sections of the law that took effect last year and which sparked lawsuits by the Obama administration and immigrant rights groups that argued it is unconstitutional. ...
2012-05-19T03:51:37Z

CFTC opens probe into JPMorgan trading loss: source
(Reuters) - The Commodity Futures Trading Commission (CFTC) has opened an investigation into possible wrongdoing at JPMorgan Chase & Co in connection with the bank's multi-billion-dollar trading loss, a source familiar with the probe told Reuters. The agency will soon disclose the existence of the investigation, the source said on Friday. Earlier on Friday, the New York Times reported that the CFTC had opened an enforcement case, quoting people briefed on the matter. The CFTC would join the FBI and the U.S. ...
2012-05-19T03:46:10Z

Iran, Syria among top for G-8 and NATO

President Barack Obama shakes hands with Britain's Prime Minister David Cameron on arrival for the G8 Summit Friday, May 18, 2012 at Camp David, Md. (AP Photo/Charles Dharapak)President Barack Obama and leaders of other major industrial powers grappled Friday with options to solidify world resolve against development of an Iranian nuclear bomb and encourage a more forceful response to worsening violence in Syria.


2012-05-19T03:23:05Z

Iran may seek "tactical gain" with U.N. nuclear deal

View of the reactor at the nuclear power plant in BushehrVIENNA (Reuters) - Iran and the U.N. nuclear watchdog are making headway towards a framework deal on how to tackle concerns about its atomic activity, diplomats say, a potential bargaining chip for Tehran in next week's negotiations with world powers. Iran says such an agreement is needed before it can consider a request by U.N. inspectors to visit the Parchin military site where they believe explosives tests relevant for developing nuclear weapons may have been carried out. ...


2012-05-19T02:51:33Z

German IG Metall, employers confirm 4.3 percent wage deal
SINDLEFINGEN, Germany (Reuters) - A key regional branch of Germany's IG Metall union reached a deal with employers for a 4.3 percent wage increase over 12 months to April 30, 2013 after an all-night negotiating session ended early on Saturday, officials said at a news conference. The deal reached just before dawn will set the benchmark for 3.6 million engineering workers nationwide, Europe's largest industrial union. Officials from the two sides confirmed the breakthrough agreement at a news conference after Reuters had earlier quoted sources leaking the broad outlines of the deal. ...
2012-05-19T01:58:29Z

Police nab airline pilot with loaded gun in luggage
BUFFALO, New York (Reuters) - An airline pilot was arrested Friday morning at Buffalo Niagara International Airport after security screeners discovered a loaded revolver in his baggage. Brett Dieter, 52, of Barbersville, Virginia, arrived at the upstate New York airport Friday to pilot a flight to New York City's LaGuardia International Airport for Piedmont Airlines, a passenger airline that subcontracts under U.S. Airways. While at a security checkpoint, a scan of Dieter's bag revealed a .357 magnum revolver loaded with five rounds. ...
2012-05-19T01:11:30Z

Boehner: All options on table in gun-running probe
House Speaker John Boehner says "all options are on the table" in the ongoing congressional investigation into the "Fast and Furious" operation and whether the House would move to hold Attorney General Eric Holder in contempt should he refuse to fully comply.
2012-05-19T01:11:01Z

Sri Lanka to probe civil war abuses on its own
Sri Lanka says it will conduct its own investigation into rights abuses during the final months of the island nation's civil war when thousands of civilians reportedly died, dismissing the need for an international tribunal.
2012-05-19T01:00:33Z

The Camp David Showdown
The president brings together world leaders to discuss the European economic crisis. Our “World News” report: -Jake Tapper