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Current News Today

Pro-Russia separatists take armor, humiliating Ukraine forces
An armed man stands guard in SlavianskBy 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
Rescue boats sail around the South Korean passenger ship "Sewol" which sank, during their rescue operation in the sea off JindoBy 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
China's President Xi Jinping walks next to a honour guard during the welcoming ceremony for Serbian President Tomislav Nikolic outside the Great Hall of the People in BeijingBy 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

Current News Today

Jets sign former Titans RB Chris Johnson (Yahoo Sports)
FILE - In this Oct. 20, 2013, file photo, Tennessee Titans running back Chris Johnson (28) runs ahead of San Francisco 49ers defenders Demarcus Dobbs (83) and NaVorro Bowman (53) on a touchdown reception in an NFL football game in Nashville, Tenn. The New York Jets signed the former Titans running back Wednesday, April 16, a little over a week after he was officially released by Tennessee on April 7. (AP Photo/Wade Payne, File)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)
OKLAHOMA CITY, OK - APRIL 16: Kevin Durant #35 of the Oklahoma City Thunder drives against the Detroit Pistons on April 16, 2014 at the Chesapeake Energy Arena in Oklahoma City, Oklahoma. (Photo by Layne Murdoch/NBAE via Getty Images)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)
New York Yankees pitcher Michael Pineda delivers the ball to the Chicago Cubs during the first inning of Game 2 of an interleague baseball doubleheader on Wednesday, April 16, 2014, at Yankee Stadium in New York. (AP Photo/Bill Kostroun)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

Current News Today

Asian stocks struggle higher, lack conviction
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) - 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
Photo illustration of Google logo is reflected on the screen of a Samsung Galaxy S4 smartphoneBy 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
A man walks past the headquarters of IBM Japan in TokyoIBM 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

Current News Today

Students trapped in sinking ferry send heartbreaking texts
A rescued passenger from a ferry sinking off South Korea's southern coast, is carried by police and rescue teams on his arrival at Jindo port in Jindo, south of Seoul, South Korea, Wednesday, April 16, 2014. Dozens of rescue boats and helicopters are scrambling to save more than 470 people, including many high school students, caught on a ferry sinking off South Korea's southern coast, officials said. There are no immediate reports of causalities. (AP Photo/Park Chul-heung, Yonhap) KOREA OUTMessages 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
Robert Rizzo, left, leaves court after being sentenced, Wednesday April 16, 2014 in Los Angeles. Rizzo, the former city manager of Bell, was sentenced Wednesday to 12 years in prison and ordered to make restitution of $8.8 million in a corruption scheme that nearly bankrupted the small, blue-collar city. (AP Photo/Nick Ut)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
FILE - In this undated file photo, Amelia Earhart stands next to a Lockheed Electra 10E, before her last flight in 1937 from Oakland, Calif., bound for Honolulu on the first leg of her record-setting attempt to circumnavigate the world westward along the Equator. American aviator Earhart’s disappearance in 1937 is among aviation’s most enduring mysteries. Earhart, the first female pilot to cross the Atlantic Ocean, vanished over the Pacific with Fred Noonan during an attempt to circumnavigate the globe. Seven decades later, people are still transfixed with the mystery. Theories range from her simply running out of fuel and crashing to her staging her own disappearance and secretly returning to the U.S. to live under another identity. (AP Photo/File)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