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(Reuters) – The U.S. Open women’s draw was blown wide open by a series of upsets on Friday but it was business as usual on the men’s side with Roger Federer leading a parade of seeds into the third round at the year’s final grand slam. The shockwaves began early on another sunny day at Flushing Meadows with 32-year-old qualifier Mirjana Lucic-Baroni dismissing Romanian second seed Simona Halep 7-6(6) 6-2 to reach the fourth round. […]
Disease experts are weighing in new Ebola treatment as second patient receives experimental treatment.
(Reuters) – U.S. President Barack Obama on Wednesday announced the most wide-ranging sanctions yet on the Russian economy, targeting key institutions including Gazprombank and Rosneft Oil Co, as well as other energy and defense companies. Washington has steadily escalated its financial sanctions on Russia over what it views as Moscow’s interference in its neighbor Ukraine and its annexation of the Crimea region. Obama said the United States could impose further sanctions if Russia did not […]
(Reuters) – “Dawn of the Planet of the Apes,” a sequel about highly intelligent apes that battle with humans for dominance, has knocked the giant “Transformers” robots out of the top spot on U.S. and Canadian movie charts. The 3D “Apes” movie collected $73 million in ticket sales from Friday through Sunday, according to estimates from Rentrak. “Transformers: Age of Extinction,” a sequel that ruled the box office the two previous weekends, dropped to second […]
(Reuters) – The U.S. economy contracted at a much steeper pace in the first quarter than previously estimated, turning in one of its worst-ever non-recession performances, but growth already appears to have rebounded strongly. The Commerce Department said on Wednesday gross domestic product fell at a 2.9 percent annual rate, the sharpest decline in five years, instead of the 1.0 percent pace it had reported last month. “It’s a scary report. It sounds worrisome, but […]
(Reuters) – Asian stocks basked in the glow of a record close on Wall Street after bright U.S. jobs data pointed to improving economic momentum, while the dollar gained on Monday on rising U.S. Treasury yields. U.S. jobs data on Friday showed that nonfarm payrolls increased by 217,000 last month, bringing employment back to its pre-recession level and validating the view that labor conditions are improving. The unemployment rate held steady at a 5-1/2 year […]
(Reuters) – Factory activity in New York state expanded at its quickest pace in nearly four years in May, but the otherwise bright growth picture was dimmed by another report on Thursday showing a surprise slump in industrial output last month. “It’s still consistent with the view that the economy is going to show stronger growth in the second quarter. The underlying momentum is improving but it’s not definitive,” said Josh Feinman, chief global economist […]
(Reuters) – “We are seeing a mismatch of skills in the workforce and the jobs that are being created,” Philadelphia Fed President Charles Plosser said of the so-called STEM-trained workers who are in high demand. “Sadly, we are not doing an adequate job of preparing our workforce for these jobs,” he said in remarks prepared for delivery to a conference on reinventing older communities, hosted by his branch of the U.S. central bank. Plosser did […]
(Reuters) – U.S. consumer sentiment rose sharply in the first quarter as optimism about the economic outlook improved, according to a global survey which also showed rising confidence in debt-laden euro zone countries. Globally, consumer confidence returned to pre-financial crisis levels in the first three months of this year, at its highest since the first quarter of 2007, the survey by global information and insights company Nielsen showed on Wednesday. Improving job prospects are […]
(Reuters) – The U.S. proposed rules on Thursday that would ban the sale of e-cigarettes to anyone under 18, but would not restrict flavored products, online sales or advertising, which public health advocates say attract children. The long-awaited proposal, which would subject the $2 billion industry to federal regulation for the first time, is not as restrictive as some companies had feared and will likely take years to become fully effective. Bonnie Herzog, an analyst […]
(Reuters) – The Obama administration will soon issue new Obamacare guidelines allowing people to enroll in after a March 31 deadline, but only under certain circumstances, according to sources close to the administration. The sources said the new federal guidelines for consumers in the 36 states served by the federal health insurance marketplace and its website, HealthCare.gov, would allow people to enroll after March 31 if they had tried earlier and were prevented by […]
KABUL Wed Feb 12, 2014 6:45pm EST (Reuters) – Men in Afghan army uniforms turned their weapons on American forces in eastern Afghanistan on Wednesday, killing two U.S. soldiers and wounding four others, officials said. An Afghan Interior Ministry official said the shooting took place in Kapisa province, just north of the capital, Kabul. The NATO-led coalition confirmed two foreign soldiers had been shot dead, but did not specify their nationality. Two U.S. defense officials, […]
