Norway state workers launch first strike in decades

Norway state workers launch first strike in decades


Norway state workers launch first strike in decades

Posted: 23 May 2012 10:49 PM PDT

OSLO (Reuters) - Norwegian state workers went on strike for the first time in decades on Thursday after pay talks broke down overnight, shutting schools, child care centers and other public institutions.


Bud nears hurricane off Mexico's Pacific coast: NHC

Posted: 23 May 2012 10:15 PM PDT

MEXICO CITY (Reuters) - Tropical storm Bud is close to becoming a hurricane off Mexico's southwestern Pacific coast, where the government has issued a storm warning, the National Hurricane Center said on Wednesday. Located about 410 miles southwest of the major Pacific port of Manzanillo, Bud is moving northward at around 6 mph (9 km/h) with maximum sustained winds reaching almost 70 mph (110 km/h) and stronger gusts, the Miami-based center said. Bud should become a hurricane on Thursday and start weakening by Friday, the center said. ...


Doha and Baku lose out on Olympics bid

Posted: 23 May 2012 10:06 PM PDT

Istanbul, Tokyo and Madrid remain in hunt to host the 2020 Olympics after Qatar and Azerbaijan were cut from the list.


Costa Rica braces as volcano rumbles

Posted: 23 May 2012 10:17 PM PDT

Residents are relocated as Turrialba volcano spews toxic gas and ash, with capital warned of possible evacuation.


38 Studios Employees Still Unpaid, Health Coverage Ends Thursday, Senior Executives Quit

Posted: 23 May 2012 10:13 PM PDT

Game developer 38 Studios appears to be capsizing under financial mismanagement. As two senior executives quit, employees are still working without pay. Now their health coverage is set to end this Thursday.


What makes entrepreneurs successful?

Posted: 23 May 2012 10:03 PM PDT

This is probably the question I am most asked about entrepreneurship. ??But rather than tell you my answer, I?m going to give you someone else?s. As part of an economics unit, my daughter?s fourth grade class at the Onaway School in Shaker Heights Ohio learned about entrepreneurship. ??After having a short discussion with me, the ...


Bud nears hurricane off Mexico's Pacific coast: NHC

Posted: 23 May 2012 10:15 PM PDT

MEXICO CITY (Reuters) - Tropical storm Bud is close to becoming a hurricane off Mexico's southwestern Pacific coast, where the government has issued a storm warning, the National Hurricane Center said on Wednesday.


Suu Kyi to make first trip out of Myanmar in 24 years: party

Posted: 23 May 2012 10:44 PM PDT

YANGON (Reuters) - Nobel laureate and opposition leader Aung San Suu Kyi will travel outside Myanmar for the first time in 24 years next week to deliver a speech at an international forum in Thailand, her party said on Thursday.


Divided Syrian opposition to choose new leader

Posted: 23 May 2012 09:19 PM PDT

An anti-government protester waves a flag during the funeral of Sukaria, whom protesters said was killed by forces loyal to Assad, in DamascusAMMAN (Reuters) - The main Syrian National Council opposition group said it had accepted the resignation of its president, setting the stage for a showdown between the powerful Muslim Brotherhood and its political rivals over who will be the new leader. The internal conflicts have come to a head over the position held by Burhan Ghalioun, a secular sociologist backed by the Brotherhood, who offered to step down as leader of the 313-member council last week if a replacement could be found. ...



Evaluating ETFs? Get on Board

Posted: 23 May 2012 09:40 PM PDT

Ask any advocate to run through the advantages of exchange-traded funds and you?ll likely hear some notions about passive management, tax efficiency, and cost. Ask that same??person to slow it down a bit and you?re likely to hear some nuances worth questioning. Writing specifically for ETF board members in the April issue of Fund Directions, ...


Chinese couple bury woman alive, sparking outrage

Posted: 23 May 2012 08:35 PM PDT

BEIJING (Reuters) - Chinese police have arrested a young couple who buried an old woman alive believing she was dead after their car hit the 68-year-old, newspapers said on Thursday, in a case which has sparked outrage over declining public morality. The couple had been at an all-night karaoke session when they hit the woman while driving in the early hours of the morning in the wealthy eastern province of Zhejiang last month, the official China Daily said. "A witness said he heard someone crying and saw an elderly woman lying on the ground near (the car)," it cited a policeman as saying. ...


Obama officials press Senate to ratify sea treaty

Posted: 23 May 2012 08:39 PM PDT

WASHINGTON (Reuters) - Washington's failure to ratify the Law of the Sea Convention puts the U.S. military at increasing risk of confrontation with rising powers like China, U.S. officials said on Wednesday as the Obama administration began a new push to join the 30-year-old treaty. Senior defense officials told the Senate Foreign Relations Committee that without the treaty, the U.S. military is forced to base rights of navigation around the globe on customary international law, or long-standing practice, which is subject to differing interpretations. ...


Divided Syrian opposition to choose new leader

Posted: 23 May 2012 10:53 PM PDT

AMMAN (Reuters) - The main Syrian National Council opposition group said it had accepted the resignation of its president, setting the stage for a showdown between the powerful Muslim Brotherhood and its political rivals over who will be the new leader.


U.S. hacks Web sites of al-Qaeda affiliate in Yemen

Posted: 23 May 2012 08:08 PM PDT

State Department cyber experts recently hacked into Web sites being used by al-Qaeda's affiliate in Yemen and substituted the group's anti-American rhetoric with information about civilians killed in terrorist strikes, Secretary of State Hillary Rodham Clinton said Wednesday.

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Obama officials press Senate to ratify sea treaty

Posted: 23 May 2012 08:39 PM PDT

WASHINGTON (Reuters) - Washington's failure to ratify the Law of the Sea Convention puts the U.S. military at increasing risk of confrontation with rising powers like China, U.S. officials said on Wednesday as the Obama administration began a new push to join the 30-year-old treaty.


Chinese couple bury woman alive, sparking outrage

Posted: 23 May 2012 08:35 PM PDT

BEIJING (Reuters) - Chinese police have arrested a young couple who buried an old woman alive believing she was dead after their car hit the 68-year-old, newspapers said on Thursday, in a case which has sparked outrage over declining public morality.


Sea Treaty Vote to Come After November Election

Posted: 23 May 2012 07:25 PM PDT

A key Senate Democratic leader said he won't push for a vote on the politically divisive Law of the Sea treaty before the presidential election in November, but will seek to line up support for ratification in the coming months.


Mexico Party Suspends ex-Governor Over Probe

Posted: 23 May 2012 03:56 PM PDT

Mexico's former ruling party said it will suspend the membership of a former governor accused of accepting millions of dollars in bribes from drug cartels.


Chinese Manufacturing Falls

Posted: 23 May 2012 09:28 PM PDT

The preliminary HSBC China Manufacturing Purchasing Managers Index fell in May, for the seventh straight month of contraction, stoking concerns the Chinese economy could slow sharply.


Billionaire Lau Faces Charges in Macau

Posted: 23 May 2012 09:23 PM PDT

Developer Chinese Estates said its chairman, Joseph Lau, will face prosecution in Macau over charges of bribery and money laundering linked to a land deal.