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| Pro-Russia separatists take armor, humiliating Ukraine forces|
By Stephanie Nebehay and Christian Lowe GENEVA/MOSCOW (Reuters) - Foreign ministers from East and West will try to defuse the Ukraine crisis on Thursday in Geneva, once frequently the scene of Cold War negotiations, but will risk being upstaged by Russian President Vladimir Putin. With Russian troops massed on the border with Ukraine, prospects of significant progress at the four-way talks appear slim. By contrast, what Putin says during his annual "hotline" session with the Russian people may have far greater influence on events in Ukraine's rebellious east. Thursday's talks will bring the ministers of Russia, Ukraine and the United States together with the European Union's foreign policy chief to discuss a crisis in which Kiev is struggling to reassert its authority in eastern towns largely controlled by armed pro-Russian separatists.
Wed, 16 Apr 2014 19:54:43 -0400
| Hundreds still missing in deadly Korea ferry sinking|
By Narae Kim JINDO, South Korea (Reuters) - South Korean coastguard and navy divers resumed searching on Thursday for about 290 people still missing, many of them students from the same high school, after a ferry capsized in sight of land. Grieving family members gathered on the quay of the coastal city of Jindo, huddled in blankets against the spring cold as efforts to locate the missing went into a second day. One parent, Park Yung-suk, told Reuters she had seen the body of her teenage daughter's teacher brought ashore earlier in the morning. As coastguard officials arrived at Jindo on Thursday, waiting relatives jeered at them, shouting: "The weather's nice, why aren't you starting the rescue." It is not known why the 6,586 metric ton vessel, built in Japan 20 years ago, sank.
Wed, 16 Apr 2014 21:03:04 -0400
| China's Xi purging corrupt officials to put own men in place: sources|
By Benjamin Kang Lim and Megha Rajagopalan BEIJING (Reuters) - Chinese President Xi Jinping plans to use a purge of senior officials suspected of corruption to put his own men and reform-minded bureaucrats into key positions across the Communist Party, the government and the military, sources said. Xi hopes that removing corrupt officials and those resisting change will allow him to consolidate his grip on power and implement difficult economic, judicial and military reforms that he believes are vital to perpetuate one-party rule, said the sources, who have ties to the leadership. In the most far-reaching example of his intentions, Xi plans to promote about 200 progressive officials from the eastern coastal province of Zhejiang, where he served as party boss from 2002 to 2007, to senior positions across the spectrum in the years ahead, two of them said. The biggest investigation Xi has ordered so far revolves around retired domestic security tsar Zhou Yongkang, who is under virtual house arrest.
Wed, 16 Apr 2014 17:06:58 -0400
| Jets sign former Titans RB Chris Johnson (Yahoo Sports)|
Always fast on the field, Chris Johnson is looking to quickly prove his critics wrong. The New York Jets signed the former Titans running back Wednesday, a little over a week after he was officially released by Tennessee. Johnson met with the Jets all day Tuesday - the first team he visited - and stayed in town to watch the Knicks-Nets game in Brooklyn before signing Wednesday. The Jets announced the move, but didn't release terms.
Wed, 16 Apr 2014 18:30:07 PDT
| Durant has 42, Thunder beat Pistons 112-111 (Yahoo Sports)|
Kevin Durant scored 42 points, including 21 in the fourth quarter, and the Oklahoma City Thunder secured the No. 2 playoff seed in the Western Conference, rallying from 10-point fourth-quarter deficit to beat the Detroit Pistons 112-111 Wednesday night. Oklahoma City (59-23) had lost two straight to put itself in the must-win situation in the regular-season finale to earn the No. 2 seed. He drove for the go-ahead dunk with 16.5 seconds left, and after a scramble for a loose ball resulted in a jump ball in Detroit's end with 1.8 seconds left, he won a tip over Greg Monroe. Detroit's Brandon Jennings managed a 30-foot heave at the buzzer that banged off the rim.
Wed, 16 Apr 2014 20:09:59 PDT
| White wash: Yanks sweep Cubs 3-0, 2-0 (Yahoo Sports)|
Michael Pineda followed an overpowering outing by Masahiro Tanaka with one of his own, pitching six innings of four-hit ball as the New York Yankees beat the Chicago Cubs 2-0 on a bitterly cold Wednesday night to complete its first doubleheader shutout sweep since 1987. Carlos Beltran homered for a third straight game, off Jason Hammel in the first inning of the Cubs' first regular-season game at the current Yankee Stadium. Brett Gardner and Scott Sizemore had RBI singles off Travis Wood (0-2) in the nightcap, helping the Yankees win for the fifth time in six games and handing Chicago its fourth straight loss.
Wed, 16 Apr 2014 20:05:27 PDT
| Asian stocks struggle higher, lack conviction|
By Wayne Cole SYDNEY (Reuters) - Asian share markets eked out gains on Thursday as dovish comments from the head of the U.S. Federal Reserve combined with an upbeat economic assessment from the central bank to lift Wall Street for a third straight session. However, disappointing results from Google and IBM knocked their shares lower after the bell and could crimp technology stocks in the region. Indeed, the tech and telecoms sectors in Japan's Nikkei were in the red on Thursday, nudging the overall index down 0.2 percent following a 3 percent jump the previous session. Other markets fared better with shares in Australia up 0.5 percent and MSCI's broadest index of Asia-Pacific shares outside Japan adding 0.33 percent.
Wed, 16 Apr 2014 22:28:11 -0400
| Google misses revenue target, ad prices slide|
By Alexei Oreskovic SAN FRANCISCO (Reuters) - Google Inc's first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices. Shares of Google were down 3 percent to $539.80 in afterhours trading on Wednesday, after initially sliding roughly 6 percent on the news. The number of "paid clicks" by consumers on Google's ads increased by 26 percent in the first quarter, disappointing some analysts who had hoped for stronger volume growth. And the average "cost per click" declined 9 percent, extending a downward trend as mobile advertising, typically cheaper than traditional online ads, make up a bigger slice of its business.
Wed, 16 Apr 2014 20:05:26 -0400
| IBM's quarterly revenue sinks to 5-year low as hardware sales fall|
IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Revenue from the hardware business, which includes servers and systems storage, plunged 23 percent to $2.4 billion. IBM has been restructuring its business, with job reductions and the sale of its low-end server business to Chinese PC maker Lenovo Group Ltd for $2.3 billion in January, in efforts to achieve its targeted operating earnings of $20 per share by 2015. IBM warned that its hardware business may continue to face hurdles.
Wed, 16 Apr 2014 19:10:52 -0400
| Students trapped in sinking ferry send heartbreaking texts|
Messages to parents offer glimpse into desperate situation aboard sinking S. Korean ferry.
Wed, 16 Apr 2014 17:38:26 -0400
| Ex-official leaves huge debt for California city|
LOS ANGELES (AP) — A former city official who became a symbol of municipal greed was sentenced Wednesday to 12 years in prison — less than half the time it will take the nearly bankrupt Los Angeles suburb of Bell to dig itself out of the estimated $150 million in debt he left behind.
Wed, 16 Apr 2014 19:19:36 -0400
| Experts say video doesn't show Earhart wreckage|
CHEYENNE, Wyo. (AP) — Experts retained by an aircraft preservation group say underwater video shot in the South Pacific yields no evidence of the wreckage of the missing plane piloted by aviation pioneer Amelia Earhart.
Wed, 16 Apr 2014 20:40:46 -0400