KHARTOUM/ADDIS ABABA (Reuters) - Sudan will keep police forces in the disputed Abyei region bordering South Sudan for now, the state news agency SUNA said on Thursday, defying a call by U.N. Secretary-General Ban Ki-moon to withdraw. Abyei has been a main bone of contention between the African neighbors, which came close to all-out war last month when border fighting escalated, the worst violence since South Sudan seceded from Sudan in July. ...
GREENSBORO, North Carolina (Reuters) - Former U.S. Senator John Edwards was acquitted on Thursday on one count of accepting illegal campaign contributions, and the judge declared a mistrial on five other counts because the jury was deadlocked. The jury's decision came on the ninth day of deliberations and marked yet another dramatic turn of events for the one-time politician who rose to become the Democratic Party's vice presidential nominee in 2004, only to see his career ruined by scandal four years later. ...
GREENSBORO, North Carolina (Reuters) - Former U.S. Senator John Edwards was acquitted on Thursday on one count of accepting illegal campaign contributions, and the judge declared a mistrial on five other counts because the jury was deadlocked. The jury's decision came on the ninth day of deliberations and marked yet another dramatic turn of events for the one-time politician who rose to become the Democratic Party's vice presidential nominee in 2004, only to see his career ruined by scandal four years later. ...
GREENSBORO, North Carolina (Reuters) - Former U.S. Senator John Edwards was acquitted on Thursday on one count of accepting illegal campaign contributions, and the judge declared a mistrial on five other counts because the jury was deadlocked. The jury's decision came on the ninth day of deliberations and marked yet another dramatic turn of events for the one-time politician who rose to become the Democratic Party's vice presidential nominee in 2004, only to see his career ruined by scandal four years later. ...
WASHINGTON (Reuters) - Private payroll growth picked up only slightly in May and claims for jobless benefits rose last week, suggesting the U.S. labor market recovery was losing steam after a strong performance early in the year. Other data on Thursday showed factory activity in the Midwest slowed considerably in May and economic growth in the first quarter was a bit softer than initially estimated. Economists said the reports reflected business anxiety amid an uncertain global economic outlook as the euro zone's debt crisis escalates and China's economy slows. ...
WASHINGTON (Reuters) - Private payroll growth picked up only slightly in May and claims for jobless benefits rose last week, suggesting the U.S. labor market recovery was losing steam after a strong performance early in the year. Other data on Thursday showed factory activity in the Midwest slowed considerably in May and economic growth in the first quarter was a bit softer than initially estimated. Economists said the reports reflected business anxiety amid an uncertain global economic outlook as the euro zone's debt crisis escalates and China's economy slows. ...
NEW YORK (Reuters) - Relatives of a Rutgers student who committed suicide after his roommate used a webcam to spy on his gay encounter rejected the roommate's apology on Thursday, calling it a work of "public relations" designed to counter his lack of remorse. Dharun Ravi, who is serving a 30-day prison sentence, should have been given a stiffer punishment for his conviction in March in Middlesex County, New Jersey Superior Court on 15 charges, including invasion of privacy, bias intimidation and witness tampering, the family said in a statement. ...
NEW YORK (Reuters) - Relatives of a Rutgers student who committed suicide after his roommate used a webcam to spy on his gay encounter rejected the roommate's apology on Thursday, calling it a work of "public relations" designed to counter his lack of remorse. Dharun Ravi, who is serving a 30-day prison sentence, should have been given a stiffer punishment for his conviction in March in Middlesex County, New Jersey Superior Court on 15 charges, including invasion of privacy, bias intimidation and witness tampering, the family said in a statement. ...
The European Union urged Spain on Thursday to come clean on how it plans to finance the overhaul of its banking sector, warning that uncertainty over this has contributed the recent market turmoil and the country's soaring borrowing costs.
The European Union urged Spain on Thursday to come clean on how it plans to finance the overhaul of its banking sector, warning that uncertainty over this has contributed the recent market turmoil and the country's soaring borrowing costs.
Syria on Thursday blamed up to 800 rebel fighters for the massacre in central Syria last week that killed more than 100 people, nearly half of them children, in its most comprehensive explanation to date of the bloodshed.
(Reuters) - JPMorgan Chase & Co's losing bets in credit derivatives were so huge that one of its traders was known as "the London whale" and the hedge funds that attacked him have often been portrayed as harpooners who made a killing. But the story, it turns out, is more complicated than that. According to hedge fund managers and traders close to the struggle, the bank's losses - more than $2 billion - may not lead to stunning returns for the funds that were on the other side of the transactions. ...
(Reuters) - It looked like a textbook win-win deal when Australian high-speed ferry designer AMD Marine Consulting formed a joint venture in 1993 with the engineering arm of a state-owned Chinese shipbuilder. The joint venture partner, Guangzhou Marine Engineering Corporation, a subsidiary of the giant China State Shipbuilding Corporation, gained access to state-of-the-art technology in wave-piercing, aluminum-hull designs. For AMD, a Sydney-based private company, the payoff was a foothold in China's maritime market during a period of rapid growth. ...
(Reuters) - It looked like a textbook win-win deal when Australian high-speed ferry designer AMD Marine Consulting formed a joint venture in 1993 with the engineering arm of a state-owned Chinese shipbuilder. The joint venture partner, Guangzhou Marine Engineering Corporation, a subsidiary of the giant China State Shipbuilding Corporation, gained access to state-of-the-art technology in wave-piercing, aluminum-hull designs. For AMD, a Sydney-based private company, the payoff was a foothold in China's maritime market during a period of rapid growth. ...
NEW YORK (Reuters) - The debt crisis and central bank policy responses have degraded the quality and value of debt markets and signal a "potential breaking point" in the global economy, PIMCO's Bill Gross, manager of the world's largest bond fund, said in his monthly letter to investors. In his June outlook entitled "Wall Street Food Chain," Gross said stimulus policies by the Federal Reserve and the European Central Bank have led to riskier government bonds with lower value and paved the way for higher inflation. ...
ABC’s Cindy Smith Reports: When Hollywood released a romantic, independent film this year called “Salmon Fishing in the Yemen,” it was quite a surprise, at least to the Yemenis, that movie goers would be inspired to try to travel to one of the most dangerous...
NEW YORK (Reuters) - Blind Chinese rights activist Chen Guangcheng urged the United States on Thursday to "try harder" to promote rule of law in his homeland as he described his brother and nephew being so badly beaten in an attack he blamed on local officials that thick axe handles being used as weapons broke. ...
NEW YORK (Reuters) - Blind Chinese rights activist Chen Guangcheng urged the United States on Thursday to "try harder" to promote rule of law in his homeland as he described his brother and nephew being so badly beaten in an attack he blamed on local officials that thick axe handles being used as weapons broke. ...
The makers of "Call of Duty: Modern Warfare 2" and game publisher Activision Blizzard Inc. have agreed to lay down arms in a legal fight over millions of dollars in royalties.
So, what is President Obama’s slogan this campaign? You don’t know, do you? How about Mitt Romney’s? Bet you didn’t know that one either. The answer is “Forward” for Obama and “Believe in America” for Romney — and neither has the kind of pop that...
A Canadian company seeking to build a pipeline to transport crude oil from Canada to Gulf Coast refineries has submitted a new application for the southern segment of the project that avoids sensitive wetlands in Texas.
The head of the European Central Bank warned Thursday that the euro currency union is "unsustainable" without stronger political and financial ties, and called for a new course to save it from a crippling debt crisis.
Oracle Corp. had accused Google Inc. of patent and copyright infringement. Much of the dispute is over Google's Android, the mobile operating system that now powers more than 300 million smartphones and tablet computers.
In the picture, the girl will always be 9 years old and wailing "Too hot! Too hot!" as she runs down the road away from her burning Vietnamese village.
ROCK AND A HARD PLACE: Ireland's voters confronted a dilemma Thursday as they voted on a referendum to ratify the European Union's deficit-fighting treaty: Voting yes could mean more years of austerity, but saying no could mean national bankruptcy next year.
John Edwards Gets Off – Not guilty on one count and hung on all the rest. Mistrial. “I Did an Awful Lot That Was Wrong,” he said afterwards on the courthouse steps. Read it all here – http://abcn.ws/LaHhJb Edwards gave a press conference in North...
For decades, Israel has marketed an array of cosmetics and food products manufactured in the occupied West Bank as "Made in Israel," blurring their true origins in Jewish settlements opposed by virtually the entire international community.
Oracle Corp. received another setback Thursday as a federal judge in San Francisco undermined a central part of the company's multimillion dollar case against Google Inc. over its Android software for mobile devices.
MIAMI (Reuters) - A U.S. judge on Thursday declared a Florida election law "harsh and impractical" for requiring groups conducting voter registration drives to turn in registration forms within 48 hours of collecting them, and blocked enforcement of the deadline. The nonpartisan League of Women Voters and other groups had challenged the law, passed by Florida's Republican-controlled legislature last year and signed by Republican Governor Rick Scott with the stated intent of fighting voter fraud. ...
MIAMI (Reuters) - A U.S. judge on Thursday declared a Florida election law "harsh and impractical" for requiring groups conducting voter registration drives to turn in registration forms within 48 hours of collecting them, and blocked enforcement of the deadline. The nonpartisan League of Women Voters and other groups had challenged the law, passed by Florida's Republican-controlled legislature last year and signed by Republican Governor Rick Scott with the stated intent of fighting voter fraud. ...
MIAMI (Reuters) - A U.S. judge on Thursday declared a Florida election law "harsh and impractical" for requiring groups conducting voter registration drives to turn in registration forms within 48 hours of collecting them, and blocked enforcement of the deadline. The nonpartisan League of Women Voters and other groups had challenged the law, passed by Florida's Republican-controlled legislature last year and signed by Republican Governor Rick Scott with the stated intent of fighting voter fraud. ...
VISION NEEDED: Mario Draghi, head of the European Central Bank, said Thursday that the 17-country euro currency union is unsustainable in its current form. He told EU leaders they must quickly come up with a broad vision for the future to get the bloc through the current financial crisis.
GROWTH SLOWS: U.S. economic growth slowed to an annual rate of 1.9 percent in the January-March quarter, weaker than an initial estimate of 2.2 percent.
WASHINGTON (Reuters) - Treasury Secretary Timothy Geithner told Spain that a solution is needed for its troubled financial system, Spanish Deputy Prime Minister Soraya Saenz de Santamaria told reporters on Thursday. Saenz de Santamaria said she discussed with Geithner strategies to recapitalize her country's banks. "The treasury secretary pointed out that we are working toward the same goal and a solution for the banks must be found," she said after the meeting, adding that the strategies they discussed were also for other troubled European banks. ...
Top congressional Republicans made a new offer to President Barack Obama on Thursday in their fight over heading off a doubling of interest rates on federal college loans for 7.4 million students, proposing fresh ways to cover the effort's $6 billion cost.
COTONOU (Reuters) - Security forces in Benin on Thursday freed a U.S. citizen lured to the West African state last week by criminals he met on the Internet, Benin's interior ministry said. "The kidnappers are in the hands of the police," spokesman Frank Kinninvo said, adding that the U.S. national had been found in the Mono region of southwest Benin. A security source said the man had travelled to Benin to meet a group of people from Benin and neighboring Nigeria. ...
WASHINGTON (Reuters) - Republican Presidential candidate Mitt Romney is scheduled to deliver his latest personal financial disclosure statement to federal elections authorities on Friday, government and campaign sources said. The financial statement, which last year ran to 28 pages, is expected to show that Romney sold "nearly all" his holdings in individual stocks since last year. Instead, he moved substantial wealth into cash, according to an analysis posted earlier this month on the Forbes.com website. ...
The political impact of President Barack Obama's support for gay marriage will be tested this fall in Minnesota, where opponents of a proposed gay marriage ban are hoping the president's enduring popularity here will help persuade skeptical Democrats to vote it down.