Developing

  • Amanda Knox acquitted of murder by Italy's top court

    Reuters - 21 minutes ago

    By Massimiliano Di Giorgio and Eric M. Johnson ROME/SEATTLE (Reuters) - Italy's top court on Friday annulled the conviction of American Amanda Knox for the 2007 murder of her British flatmate and fully acquitted her in a surprise verdict capping nearly a decade of courtroom drama. The brutal stabbing of 21-year-old Meredith Kercher, alleged sex games and multiple trials provided fodder for tabloids on both sides of the Atlantic and inspired books and films. The Court of Cassation threw out the second guilty verdict against Knox and her Italian former boyfriend Raffaele Sollecito, 31, for the murder, saying there was insufficient evidence to convict either of them. More »Amanda Knox acquitted of murder by Italy's top court

  • Two new accusers say Bill Cosby drugged, sexually assaulted them

    Reuters - 27 minutes ago

    Two more women came forward on Friday accusing veteran comedian Bill Cosby of drugging and sexually assaulting them decades ago, when they were in their teens. Sunni Welles and Margie Shapiro joined the more than three dozen women who have accused the 77-year-old comedian of sexual assault, reading statements alongside celebrity attorney Gloria Allred. He was Bill Cosby and I buried it in my memory until all of these brave women began to come forward," said Welles, who sobbed during her statement. Best known for his "America's Dad" persona Dr. Cliff Huxtable on the top-rated "Cosby Show," Cosby has never been charged over any of the allegations. More »Two new accusers say Bill Cosby drugged, sexually assaulted them

  • Factbox: Key issues in Iran nuclear talks with world powers

    Reuters - 28 minutes ago

    (Reuters) - Iran and six major powers are negotiating in the Swiss city of Lausanne ahead of an end-March deadline for a historic framework agreement that would curb Tehran's nuclear program in exchange for lifting sanctions. Iran denies allegations by Western powers and their allies that it is seeking a nuclear weapons capability. BREAK-OUT TIME The goal of the negotiations is an arrangement whereby Iran would need at least one year to produce enough fissile material -- high enriched uranium or plutonium -- for a single atomic weapon, should Tehran choose to produce one. DURATION OF DEAL U.S. President Barack Obama said in an interview on March 2 with Reuters that Iran must accept limits on its nuclear program for at least 10 years. More »Factbox: Key issues in Iran nuclear talks with world powers

  • Iran, powers close in on two-three page nuclear deal; success uncertain -officials

    Reuters - 28 minutes ago

    By Louis Charbonneau and Parisa Hafezi LAUSANNE, Switzerland/ANKARA (Reuters) - Iran and major powers are close to agreement on a 2- or 3-page accord with specific numbers that would form the basis of a long-term settlement aimed at ending a 12-year standoff over Tehran's nuclear ambitions, officials said on Friday. Western and Iranian officials familiar with the negotiations between Iran, the United States, Britain, France, Germany, Russia and China cautioned that they still had not agreed on the framework of a deal and key details were still being hotly negotiated. More »Iran, powers close in on two-three page nuclear deal; success uncertain -officials

  • Jury clears Kleiner firm in Silicon Valley gender bias case

    Reuters - 30 minutes ago

    By Sarah McBride and Dan Levine SAN FRANCISCO (Reuters) - A California jury on Friday cleared venture capital firm Kleiner, Perkins, Caufield and Byers of gender discrimination claims brought against it by a woman former partner, in a trial that transfixed Silicon Valley. After further deliberation, the jury also cleared Kleiner on a claim that the firm had retaliated against the former partner, Ellen Pao, by terminating her employment after she sued in 2012. Despite days of courtroom drama about affairs, books of erotic poetry and office flirting, juror Steve Sammut, who mostly voted for Kleiner, said the decision came down to Pao's effectiveness at her job. The verdict dashed Pao's hopes for personal vindication, but the trial revealed embarrassing disclosures about how Pao and other women were treated at Kleiner and Silicon Valley's corporate culture and its lack of diversity. More »Jury clears Kleiner firm in Silicon Valley gender bias case

  • Stocks likely to drift as investors await Fed, earnings

    Reuters - 41 minutes ago

    Wall Street investors may find little reason to make big moves next week as they await monthly U.S. jobs data and any news that could change expectations for the first interest rate hike in almost a decade. The Labor Department report is due on Friday, when the stock market will be closed for Good Friday, leaving investors unable to trade on the data until the following week. In the meantime, investors will continue adjusting to lowered earnings forecasts for the first quarter and the uncertain direction of the dollar. Stocks have trended downward since rallying on the Federal Reserve's March 18 statement, in which it suggested a less-aggressive approach to raising interest rates than investors had expected. More »Stocks likely to drift as investors await Fed, earnings

  • Jury says Silicon Valley firm did not discriminate

    Associated Press - 45 minutes ago

    SAN FRANCISCO (AP) — A jury decided Friday that a prestigious venture capital firm did not discriminate or retaliate against a female employee in a case that debated gender imbalance and working conditions for women in Silicon Valley. More »Jury says Silicon Valley firm did not discriminate

  • Iran, powers close in on 2-3 page nuclear deal; success uncertain: officials

    Reuters - 49 minutes ago

    By Louis Charbonneau and Parisa Hafezi LAUSANNE, Switzerland/ANKARA (Reuters) - Iran and major powers are close to agreement on a 2- or 3-page accord with specific numbers that would form the basis of a long-term settlement aimed at ending a 12-year standoff over Tehran's nuclear ambitions, officials said on Friday. Western and Iranian officials familiar with the negotiations between Iran, the United States, Britain, France, Germany, Russia and China cautioned that they still had not agreed on the framework of a deal and key details were still being hotly negotiated. More »Iran, powers close in on 2-3 page nuclear deal; success uncertain: officials

  • Yemen Houthi rebels advance despite Saudi-led air strikes

    Reuters - 55 minutes ago

    By Mohammed Mukhashef ADEN (Reuters) - Yemen's Houthi rebels made broad gains in the country's south and east on Friday despite a second day of Saudi-led air strikes meant to check the Iranian-backed militia's efforts to overthrow President Abd-Rabbu Mansour Hadi. Shi'ite Muslim Houthi fighters and allied army units gained their first foothold on Yemen's Arabian Sea coast by seizing the port of Shaqra 100km (60 miles) east of Aden, residents told Reuters. Explosions and crackles of small gunfire rang out across Aden late on Friday as Houthis made a push on the southern port city's airport, a witness said. The advances threaten Hadi's last refuge in Yemen and potentially undermine the air campaign to support him. More »Yemen Houthi rebels advance despite Saudi-led air strikes

  • Lufthansa offers up to 50,000 euros per passenger in Germanwings crash

    Reuters - 1 hour 6 minutes ago

    BERLIN (Reuters) - German airline Lufthansa has offered to pay up to 50,000 euros in immediate financial assistance per passenger on the crashed plane of its subsidiary Germanwings, a spokeswoman told Reuters on Friday. (Reporting by Victoria Bryan; Writing by Michelle Martin; Editing by Michael Nienaber) More »Lufthansa offers up to 50,000 euros per passenger in Germanwings crash

  • Germanwings says co-pilot did not submit sick note on crash day

    Reuters - 1 hour 6 minutes ago

    Germanwings said on Friday its co-pilot who is suspected of deliberately crashing a passenger plane in the French Alps did not hand over a sick note to the company on the day of the crash. "Currently there is media coverage that the co-pilot of flight 4U 9535 was given a sick note for the day of the accident on Tuesday. Germanwings declares that a sick note for this day was not submitted to the company," the low-cost arm of Lufthansa said in a statement. More »Germanwings says co-pilot did not submit sick note on crash day

  • EU recommends two people at all times in cockpits

    Reuters - 1 hour 6 minutes ago

    PARIS (Reuters) - The EU's aviation regulator on Friday urged all European airlines to ensure that two crew members are in the cockpit of passenger planes at all times following the suspected suicide crash of a Germanwings airliner. The move, plans for which were first reported by Reuters, came shortly after Germanwings owner Lufthansa dropped its initial hesitation and agreed to implement a policy change already adopted by several other airlines since the crash. ... More »EU recommends two people at all times in cockpits

  • In reversal, crash-hit Lufthansa agrees to two-crew in cockpit rule

    Reuters - 1 hour 6 minutes ago

    Lufthansa said on Friday it would introduce new rules requiring two crew members in cockpits at all times, a swift reversal after its CEO said such a change was not needed despite the crash at its Germanwings subsidiary. The European Union said it would now advise all EU airlines to require two crew members on the flight deck, effectively ensuring that a rule which is already mandatory in the United States will now become the standard in Europe as well. Prosecutors believe Andreas Lubitz, 27, locked himself alone in the cockpit of the Airbus A320 on Tuesday and deliberately steered it into a mountain, killing all 150 people on board. Lufthansa's CEO Carsten Spohr initially said he saw no need for such a change, remarks that drew derision on social media, with passengers saying they would not fly. More »In reversal, crash-hit Lufthansa agrees to two-crew in cockpit rule

  • ConocoPhillips puts some Western Canada assets up for sale

    Reuters - 1 hour 8 minutes ago

    (Reuters) - ConocoPhillips said on Friday it is looking to sell about 20 percent of its production in Western Canada, outside the oil sands, as tumbling oil prices have made operations in the country less profitable. ConocoPhillips, which operates conventional and oil sands operations in Canada, had announced last week plans to cut about 7 percent of its workforce, or about 200 employees, in the country. The cuts come amid continued weakening of oil prices, which have fallen more than 60 percent since June. The properties being considered for divestiture are mainly located in Southern and Eastern Alberta, Saskatchewan and northeastern British Columbia, spokeswoman for the company Andrea Urbanek said in a statement to Reuters. More »ConocoPhillips puts some Western Canada assets up for sale

  • Timeline - Amanda Knox acquitted of murder, ending years-long saga

    Reuters - 1 hour 11 minutes ago

    Italy's top court on Friday annulled the conviction of American Amanda Knox for the 2007 murder of British student Meredith Kercher and, in a surprise verdict, acquitted her of the charge. Here is a timeline of the main events in the case: Nov. 2, 2007 - Kercher's body is found with a stab wound in the throat, in the apartment she shared with American student Knox in the central Italian town of Perugia. Nov. 6 - Knox, her boyfriend Raffaele Sollecito, and bar owner Patrick Diya Lumumba are questioned by Italian police. Nov. 20 - Police arrest a fourth suspect, Rudy Guede, from Ivory Coast. More »Timeline - Amanda Knox acquitted of murder, ending years-long saga

  • Obama urges expansion of 'take child to work' day

    Associated Press - 1 hour 17 minutes ago

    WASHINGTON (AP) — President Barack Obama says the White House will open next month's annual Take Our Daughters and Sons to Work Day to children whose parents don't work in the building. More »Obama urges expansion of 'take child to work' day

  • Brazil says will join China-backed Asia investment bank

    Reuters - 1 hour 21 minutes ago

    Brazil said on Friday it had accepted China's invitation to join its Asian Infrastructure Investment Bank (AIIB) as a founding member. "Brazil is very interested in participating in this initiative," the office of President Dilma Rousseff said in a short statement. The AIIB has been seen as a challenge to the World Bank and Asian Development Bank, and a significant step for China's global influence. China is Brazil's top trading partner. More »Brazil says will join China-backed Asia investment bank

  • Saudi blogger Badawi views survival of 50 lashes as miracle - magazine

    Reuters - 1 hour 22 minutes ago

    By Michael Nienaber BERLIN (Reuters) - Jailed Saudi blogger Raif Badawi described in his first letter from prison how he "miraculously survived 50 lashes" as part of a conviction that sparked an international outcry, according to German weekly Der Spiegel in a report to be published on Saturday. Badawi was arrested in 2012 for offences including insulting Islam, cyber crime and disobeying his father, which is a crime in Saudi Arabia. He was sentenced last year to 10 years in jail, a fine of 1 million riyals (US$266,000) and 1,000 lashes. In his letter, Badawi recalled how he received the first round of lashes in January when he was surrounded by a cheering crowd that yelled "Allahu akbar", according to Der Spiegel. More »Saudi blogger Badawi views survival of 50 lashes as miracle - magazine

  • In swansong, FDA chief defends drug approval process

    Reuters - 1 hour 23 minutes ago

    By Toni Clarke WASHINGTON (Reuters) - In her final speech after six years as commissioner of the U.S. Food and Drug Administration, Dr. Margaret Hamburg defended the agency's drug approval standards against critics seeking weaker regulatory standards. "The great leaps forward in evidence-based medicine of the last 50 years have come in large part as a result of the high standards for product approval that Congress put in place after a series of disasters involving unsafe and ineffective medical products," said Hamburg, 59, said on Friday at a National Press Club lunch in Washington, D.C. Her comments come amid a push by some lawmakers for faster approvals of experimental drugs. A provision in a draft House of Representatives bill known as 21st Century Cures, for example, would allow the FDA to approve drugs designated as "breakthrough therapies" based on preliminary clinical data. "Breakthrough therapy" designation is currently given when early data shows a product may confer substantial improvement over an existing therapy. More »In swansong, FDA chief defends drug approval process

  • Oil dives 5 percent as worries about Iran talks trump Yemen

    Reuters - 1 hour 25 minutes ago

    By Barani Krishnan NEW YORK (Reuters) - Oil tumbled 5 percent on Friday, erasing the previous session's gains, as Yemen's conflict looked less likely to disrupt Middle East crude shipments and investors turned their focus to talks for a potential Iran nuclear deal that could put more supply on the market. Oil prices still notched their second straight weekly gain, boosted by the dollar's weakness in recent sessions. On Thursday, oil jumped 5 percent on fears that the conflict in Yemen could disrupt cargoes on the neighbouring Bab el-Mandeb Strait, where 3.8 million bpd of crude and oil products flow. Yemen's Houthi rebels made broad gains in the country's south and east despite a second day of Saudi-led air strikes meant to check the Iranian-backed militia's efforts to overthrow President Abd-Rabbu Mansour Hadi. More »Oil dives 5 percent as worries about Iran talks trump Yemen

  • Intel in talks to buy Altera, shares of firms surge

    Reuters - 1 hour 25 minutes ago

    Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector. The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and other industrial applications, would underscore Intel Chief Executive Officer Brian Krzanich's determination to expand into new markets as the personal computer industry loses steam. Earlier this month, Intel slashed nearly $1 billion from its first-quarter revenue forecast to $12.8 billion, plus or minus $300 million, as small businesses put off upgrading their personal computers. Shares of Altera shot up about 28 percent after the talks were first reported by the Wall Street Journal, closing at $44.39 per share on the Nasdaq. More »Intel in talks to buy Altera, shares of firms surge

  • U.S. says rescued two Saudi pilots after they ejected over Gulf of Aden

    Reuters - 1 hour 29 minutes ago

    WASHINGTON (Reuters) - The U.S. military rescued two Saudi pilots who ejected from their F-15 fighter jet over the Gulf of Aden, a U.S. defence official said on Friday. He said the two were rescued in international waters by a helicopter from Djibouti after Saudi Arabia requested assistance. (Reporting by Sandra Maler; Editing by Eric Beech) More »U.S. says rescued two Saudi pilots after they ejected over Gulf of Aden

  • Obama, in call to Saudi king, expresses support for Yemen action -White House

    Reuters - 1 hour 30 minutes ago

    U.S. President Barack Obama spoke with Saudi King Salman on Friday and reaffirmed Obama's support for the military action taken in Yemen by Saudi Arabia and its Gulf Arab allies, the White House said in a statement. Obama and King Salman agreed that their goal is to achieve lasting stability in Yemen through a negotiated political solution, the statement said. Obama also underscored his commitment to Saudi Arabia's security. More »Obama, in call to Saudi king, expresses support for Yemen action -White House

  • Nigerians vote in first genuine contest since end of dictatorship

    Reuters - 1 hour 32 minutes ago

    By Tim Cocks ABUJA (Reuters) - Nigerians vote on Saturday in what looks set to be the first genuine electoral contest since the end of military rule in 1999, one in which an opposition aspirant has a fighting chance of unseating the incumbent President Goodluck Jonathan. Jonathan, seeking a second elected term, faces former military ruler and main opposition candidate Muhammadu Buhari in a tense race with an electorate divided along ethnic, regional and in some cases sectarian lines. A fair, credible and peaceful poll would be a new chapter in the often troubled history of Africa's most populous nation, biggest economy and top oil producer, a past blighted by graft, secessionist movements, military coups and in the last six years an Islamist Boko Haram insurgency that has killed thousands. Fearing a contested poll could spill even more blood this time, world powers, including U.S. President Barack Obama, British Prime Minister David Cameron and the European Union are pressuring both sides to chill the tempers of their supporters. More »Nigerians vote in first genuine contest since end of dictatorship

  • Apple's Cook joins tech CEOs in blasting Indiana religious freedom law

    Reuters - 1 hour 35 minutes ago

    Apple Inc's Tim Cook, one of the most prominent openly gay American CEOs, has joined fellow tech industry chiefs in decrying a controversial Indiana law that opponents say could allow companies to deny services to gay people. Cook, who publicly declared his sexual orientation last year, joined other tech chief executives, including Salesforce.com Inc's Marc Benioff, in blasting the Religious Freedom Restoration Act, which could let business and individuals turn away customers by citing "religious freedom." Indiana Governor Mike Pence signed the controversial bill into law on Thursday. "Apple is open for everyone. More »Apple's Cook joins tech CEOs in blasting Indiana religious freedom law

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