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Dubai retailer MAF eyes at least $500 million from hybrid bond	5/26/2013 1:31 AM
Dubai mall developer Majid Al Futtaim Holding (MAF) is looking to raise at least $500 million from the issue of a hybrid debt sale to finance its buyout of French hypermarket chain Carrefour's stake in a regional venture.
BOJ's Kuroda says pain from bond yield rise is manageable	5/26/2013 12:40 AM
Bank of Japan Governor Haruhiko Kuroda said the country's financial institutions have sufficient buffers against losses they may incur from rises in bond yields, as long as the market moves are driven by prospects of an economic recovery.
Protests Held Against Monsanto's Genetically Modified Seeds	5/25/2013 6:49 PM
Organizers say marchers in more than 400 cities across 52 countries took part in protests against seed giant Monsanto (MON) on Saturday, the Associated Press reported.
Blackstone notifies Cohen's SAC it intends to pull money: pension consultant	5/25/2013 9:45 AM
Billionaire hedge fund manager Steven A.
BP, Shell, Statoil in U.S. Lawsuit Over Alleged Oil Manipulation -FT	5/25/2013 6:31 AM
BP PLC (BP.LN), Royal Dutch Shell PLC (RDSA.LN) and Statoil ASA (STL.OS) have been named in the first lawsuit to be filed following a European Commission antitrust investigation into alleged manipulation of oil prices and benchmarks, the Financial Times in London reported Saturday, citing legal documents.
Chinese premier criticizes EU move on trade measures	5/24/2013 8:57 PM
Chinese Premier Li Keqiang criticized the European Union over its plans to investigate alleged anti-competitive behavior by Chinese mobile telecom equipment makers and to impose punitive import duties on solar panels from China, state media reported.
Lobbying in American-US Airways deal focuses on small cities	5/24/2013 7:20 PM
US Airways Group and American Airlines , seeking approval for a merger that would create the world's largest airline, are warning lawmakers that a requirement to divest certain airport slots would lead to less service for small and medium-sized cities, sources close to the effort told Reuters.
Ex-Virginia bank executives guilty in financial crisis case	5/24/2013 4:59 PM
The former chief executive of a failed U.S. bank in Norfolk, Virginia, and three others were convicted Friday on bank fraud conspiracy and other charges for concealing loan losses in a scheme that contributed to he bank's 2011 collapse.
Visa, MasterCard Strike Back at Swipe-Fee Settlement Foes	5/24/2013 4:32 PM
Visa Inc. (V) and MasterCard Inc. (MA) are firing back at retail trade groups trying to derail a pending $7.25 billion settlement over so-called merchant swipe fees.
Argentina's Stocks End Lower; 'Blue' Dollar Strengthens	5/24/2013 4:27 PM
Argentine stocks fared poorly Friday in light trading while the black-market dollar continued to strengthen on media reports that banks will further restrict the ability of customers to withdraw cash while overseas.

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Sexual assault is a 'scourge' on U.S. military: Hagel	5/25/2013 12:45 PM
(Reuters) - Defense Secretary Chuck Hagel called sexual assault a "scourge" on Saturday as he addressed graduates of the U.S. Military Academy at West Point, where a sergeant stands accused of videotaping female cadets in the showers. "Sexual harassment and sexual assault in the military are a profound betrayal - a profound betrayal - of sacred oaths and sacred trusts," Hagel said. "This scourge must be stamped out." His comments came a day after President Barack Obama delivered a similar message to graduates at the U.S. ...
Two killed as heavy rains flood San Antonio streets	5/25/2013 7:24 PM
By Jim Forsyth SAN ANTONIO (Reuters) - Two women were killed on Saturday as drenching rains in San Antonio triggered floodwaters so strong they swept cars and a city bus off the street and forced the rescue of some 130 people, officials said. The flooding, which followed torrential rains that brought flash-flood warnings across South Texas, inundated a number of major thoroughfares in San Antonio and collapsed the roof of an apartment complex. ...
Two freight trains collide in Missouri, bringing down overpass	5/25/2013 9:45 PM
By Tim Bross ST. LOUIS (Reuters) - Two freight trains collided at a rail intersection in rural Missouri on Saturday, triggering the collapse of a highway overpass when at least a dozen rail cars derailed and struck a support pillar, authorities said. None of the seven people hurt in the fiery crash - two train workers and five occupants of two cars on the overpass - suffered life-threatening injuries, Scott County Sheriff Rick Walter said in a statement. ...
On Memorial Day, remembering friends, family with ‘a heavy but grateful heart’	5/24/2013 12:55 PM
From William Ray Fullmer: "My nephew, Sgt. Derek Tillman Roberts, spilled his blood on the sands of Iraq to extend the right to live free to the people of the Middle East. On June 14, 2007, Derek was killed by a roadside bomb in Kirkuk, placed by those too cowardly to face him on the [...]
Storm chaser footage captures the ferocity of Oklahoma tornado (VIDEO)	5/24/2013 11:30 AM
Storm chasers from an outfit called Fast Unit 70 uploaded raw footage of the first 10 minutes of the Moore, Okla., tornado that gives viewers a harrowing sense of what the EF5 twister looked like. Watch that footage here. As cars and trucks zoom past, Chance Coldiron and Justin Cox's camera focuses on the dark [...]
Police in Australia issue warning on 3-D printed gun	5/24/2013 9:48 AM
The DIY 3-D gun may not be quite ready for prime time. According to Techworld, the police commissioner in Australia’s New South Wales, Andrew Scipione, has issued a warning after his officers tested one of the firearms—dubbed the "Liberator"—and experienced a “catastrophic misfire” (no one was seriously injured). According to the website, the NSW police [...]
Cop arrested on suspicion of firebombing police captain’s house	5/24/2013 8:09 AM
A police officer from Edison, N. J., was arrested Thursday on five counts of attempted murder and one count of aggravated arson in connection with the firebombing of another officer's house, NJ.com reports. Michael A. Dotro was taken into custody after a massive search, and he has been suspended from the force with pay. Bail [...]
Boy Scouts vote to end ban on gay youth members	5/23/2013 5:55 PM
[Updated at 6:55 p.m. CT] DALLAS – The Boy Scouts of America, one of the country’s largest and oldest youth organizations, decided on Thursday to break 103 years of tradition by allowing openly gay members into its ranks. The controversial move was approved by more than 60 percent of the approximate 1,400 votes cast by [...]
Thousands of bridges at risk of freak collapse	5/26/2013 2:13 AM
SEATTLE (AP) — Thousands of bridges around the U.S. may be one freak accident or mistake away from collapse, even if the spans are deemed structurally sound.
NTSB says Wash. bridge collapse is wake-up call	5/26/2013 2:12 AM
SEATTLE (AP) — The collapse of an Interstate highway bridge in northern Washington state is a wake-up call for the entire nation, the chairman of the National Transportation Safety Board says.

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