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Current News Today

Obama reaffirms commitment to Japan on tour of Asia allies
U.S. President Barack Obama shakes hands with Japan's Prime Minister Shinzo Abe at a joint news conference at the Akasaka Palace in TokyoBy Mark Felsenthal and Linda Sieg TOKYO (Reuters) - U.S. President Barack Obama assured ally Japan on Thursday that Washington was committed to its defendefensece, including of tiny isles at the heart of a row with China, but denied he had drawn any new "red line" and urged peaceful dialogue over the islands. Obama also urged Japan to take "bold steps" to clinch a two-way trade pact seen as crucial to a broad regional agreement that is a central part of the U.S. leader's "pivot" of military, diplomatic and economic resources towards Asia and the Pacific. U.S. and Japanese trade negotiators failed to resolve differences in time for Obama and Prime Minister Shinzo Abe to shake hands on a deal at the summit, but the two leaders reported progress and ordered their teams to keep working.


Thu, 24 Apr 2014 02:24:10 -0400

Body of Korean boy who raised ferry alarm believed found
A mother whose teenage child was onboard the capsized Sewol ferry and is missing, cries as she reads messages dedicated to the missing and dead passengers on the ship at a port in JindoBy James Pearson and Kahyun Yang SEOUL (Reuters) - A South Korean boy whose shaking voice first raised the alarm that an overloaded ferry with hundreds of children on board was sinking has been found drowned in the submerged wreckage of the vessel, his parents believe, the coastguard said on Thursday. More than 300 people, most of them students and teachers from the Danwon High School, are dead or missing presumed dead after the April 16 disaster. Of the 476 passengers and crew on board, 339 were children and teachers from the school in Ansan, a gritty suburb on the outskirts of Seoul, who were on an outing to Jeju. As the ferry began sinking, the crew told the children to stay in their cabins.


Thu, 24 Apr 2014 01:24:55 -0400

Ukraine revolt shows faces, but whose are the brains?
File photo shows Commander of the Slaviansk self-defence battalion Ponomaryov addressing the media at the mayor's office in SlavianskBy Alissa de Carbonnel and Aleksandar Vasovic DONETSK/SLAVIANSK, Ukraine (Reuters) - One is a dapper former croupier and promoter of Ponzi scams run by "Russia's Bernie Madoff"; In an uprising whose calling cards are the Kalashnikov and the black balaclava, Denis Pushilin and Vyacheslav Ponomaryov have become the unmasked faces of the pro-Russian separatist movement in eastern Ukraine that has plunged Moscow and the West into their most ominous confrontation since the Cold War. But many in the Donetsk region, including officials who have negotiated with the activists, see the pair as mere fronts for brains behind the scenes: a "puppeteer" in the words of one local Ukrainian mediator; Pushilin, a 32-year-old who won 77 votes when he ran for parliament a few months ago, emerged this month as leader of the self-styled People's Republic of Donetsk, occupying the regional governor's office in Ukraine's industrial heartland.


Wed, 23 Apr 2014 18:33:06 -0400

Current News Today

Seahawks to open NFL season vs. Packers (Yahoo Sports)
FILE - In this Aug. 23, 2013, file photo,k Seattle Seahawks quarterback Russell Wilson tries to get away from Green Bay Packers' C.J. Wilson during the second half of an NFL preseason football game in Green Bay, Wis. As Super Bowl champions, the Seahawks get to kick off the NFL's regular season by hosting the Packers on Sept. 4. That Thursday game is the first of four prime-time games on opening weekend. (AP Photo/Jeffrey Phelps, File)Mike McCarthy promises there won't be any bad memories plaguing his Green Bay Packers when they open the NFL season on Sept. 4 at Super Bowl champion Seattle. The last time Green Bay visited CenturyLink Field was in Week 3 of the 2012 season, a 14-12 Seahawks victory clinched on what now is often dubbed the ''Fail Mary.'' Russell Wilson's desperation pass on the final play was called a touchdown reception for Golden Tate by the replacement officials. ''It will be about the 2014 Green Bay Packers. It's the third straight season the Packers have traveled to face the defending Super Bowl champions.


Wed, 23 Apr 2014 18:32:25 PDT

Pineda tossed for pine tar; Red Sox beat Yanks 5-1 (Yahoo Sports)
New York Yankees starting pitcher Michael Pineda delivers to the Boston Red Sox during the first inning of a baseball game at Fenway Park in Boston, Wednesday, April 23, 2014. (AP Photo/Elise Amendola)The pine tar on Michael Pineda's neck was a stain for the New York Yankees. General manager Brian Cashman was ''embarrassed.'' Manager Joe Girardi called it ''poor judgment.'' And Pineda was ''sad'' and vowed not to do it again. The Yankees' right-hander was ejected for using pine tar less than two weeks after appearing to get away with using a foreign substance in another game against Boston, and the Red Sox beat New York 5-1 on Wednesday night.


Wed, 23 Apr 2014 21:14:21 PDT

Aldridge's 43 lifts Blazers over Rockets 112-105 (Yahoo Sports)
Houston Rockets' Dwight Howard (12) dunks during the first half in Game 2 of an opening-round NBA basketball playoff series against the Portland Trail Blazers Wednesday, April 23, 2014, in Houston. (AP Photo/David J. Phillip)LaMarcus Aldridge's son JJ, who turned 5 on Wednesday, texted him after the Portland Trail Blazers' playoff win and told him he looked like Spider-Man on one of his dunks. To the Houston Rockets the Portland star probably looked like a superhero on more than just that one play. Aldridge continued his dominance against the Rockets, scoring 43 points to lift the Trail Blazers to a 112-105 victory and a 2-0 lead in the first-round playoff series. Aldridge has made the most of the return to his home state and put the Trail Blazers in control heading home for Game 3 in Portland on Friday.


Wed, 23 Apr 2014 23:15:44 PDT

Current News Today

Apple shares hit 2014 highs, Asian stocks lag
Man looks at an electronic board displaying Japan's Nikkei average and various countries' stock indices outside a brokerage in TokyoBy Wayne Cole SYDNEY (Reuters) - Shares in tech heavyweights Apple and Facebook held hefty after-hours gains on Thursday as their results handily outpaced Wall Street expectations, though Asian markets managed only a mumbled cheer. The Nikkei slipped 0.97 percent with some investors apparently disappointed that a meeting between Japanese Prime Minister Shinzo Abe and U.S. President Barack Obama made no concrete progress on a trade deal. The gains come after Apple decided to buy back $30 billion of its shares through the end of 2015 and authorized a seven-for-one stock split. Apple reported sales of 43.7 million iPhones in the quarter ended March, far outpacing forecasts.


Thu, 24 Apr 2014 02:13:41 -0400

Apple expands buybacks by $30 billion, OKs 7-for-1 stock split
Apple's iPad devices are displayed at its store in TokyoBy Edwin Chan SAN FRANCISCO (Reuters) - Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual investors. Activist investor Carl Icahn, who had famously called on the iPhone maker to boost its buyback program, tweeted his approval of the move on Wednesday. On Wednesday, Apple reported sales of 43.7 million iPhones in the quarter ended March, far outpacing the roughly 38 million that Wall Street had predicted. But whether Apple can again produce a revolutionary new product remains the central question in investors' and Silicon Valley executives' minds.


Wed, 23 Apr 2014 20:59:23 -0400

Buffett: moving oil by rail safely major industry concern
Buffett, co-chair of the 10,000 Small Businesses Advisory Council, takes part in a panel discussion in Detroit, MichiganBy Luciana Lopez NEW YORK (Reuters) - Warren Buffett, chairman of conglomerate Berkshire Hathaway, said on Wednesday that safety is a major priority for the rail industry, after a recent spate of accidents raised concerns about how to transport oil safely. He added that the delay in the construction of the Keystone pipeline was unlikely to prompt additional purchases of tank cars at Berkshire railroad unit BNSF. COCA-COLA COMPENSATION PLAN Buffett also said, in an interview with CNBC the same day, that he thinks Coca-Cola's equity compensation plan was excessive, but that Berkshire Hathaway abstained in a shareholders vote. Earlier on Wednesday, Coca-Cola said 83 percent of shareholders approved the plan.


Thu, 24 Apr 2014 01:28:07 -0400

Current News Today

FDA proposes first regulations for e-cigarettes
FILE - In this Feb. 20, 2014 photo, Talia Eisenberg, co-founder of the Henley Vaporium, uses her vaping device in New York. Soon, the Food and Drug Administration will propose rules for e-cigarettes. The rules will have big implications for a fast-growing industry and its legions of customers. (AP Photo/Frank Franklin II, File)The government wants to ban sales to minors and require health warning labels.


Thu, 24 Apr 2014 00:44:36 -0400

Obama: New sanctions against Russia are 'teed up'
President Barack Obama speaks as he participates in a joint news conference with Japanese Prime Minister Shinzo Abe at the Akasaka Palace state guest house in Tokyo Thursday, April 24, 2014. Obama says the time is now to resolve issues preventing the conclusion of a major, 12-nation trade agreement. Opening a four-country swing through the Asia-Pacific region, Obama is aiming to promote the U.S. as a committed economic, military and political partner, but the West's dispute with Russia over Ukraine threatens to cast a shadow over the president's sales mission. (AP Photo/Carolyn Kaster)TOKYO (AP) — Warning Russia that new economic sanctions are "teed up," President Barack Obama accused Moscow of failing to live up to an agreement last week to ease tensions in eastern Ukraine.


Thu, 24 Apr 2014 01:50:19 -0400

Oklahoma court rejects death-row inmates' claims
This photo combo of images provided by the Oklahoma Department of Corrections shows Clayton Lockett, left, and Charles Warner. Lockett and Warner, two death-row inmates who want to know the source of drugs that will be used to execute them, have placed Oklahoma’s two highest courts at odds and prompted aggravated members of the Legislature to call for the impeachment of Oklahoma Supreme Court justices. (AP Photo/Oklahoma Department of Corrections)Court says inmates are not entitled to know source of drugs that will be used to kill them.


Wed, 23 Apr 2014 22:25:32 -0400