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Headlines
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Buffett's firm buys GM stake, boosts IBM position |
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Warren Buffett's company has revealed a number of changes in its U.S. stock portfolio, including boosting its holdings in Wal-Mart and IBM and adding a new stake of 10 million General Motors shares. |
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G-8 warns North Korea about further provocations |
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<p><a href="http://news.yahoo.com/g-8-warns-north-korea-further-provocations-052656494.html"><img src="http://l2.yimg.com/bt/api/res/1.2/X46TMVj53PaUf3VTuagqMw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/895bbe431884180e100f6a706700d5fd.jpg" width="130" height="86" alt="From left, French President Francois Hollande, President Barack Obama and German Chancellor Angela Merkel make their way to a photo opportunity at the G-8 Summit Saturday, May 19, 2012 at Camp David, Md. (AP Photo/Charles Dharapak)" align="left" title="From left, French President Francois Hollande, President Barack Obama and German Chancellor Angela Merkel make their way to a photo opportunity at the G-8 Summit Saturday, May 19, 2012 at Camp David, Md. (AP Photo/Charles Dharapak)" border="0" /></a>The Group of Eight world leaders has warned North Korea that it faces more sanctions if it continues to threaten the stability of the region with provocative acts such as its failed long-range rocket launch in April.</p><br clear="all"/> |
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NASCAR fines Kurt Busch $50,000 after Darlington |
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<p><a href="http://news.yahoo.com/nascar-fines-kurt-busch-50-000-darlington-211719422--spt.html"><img src="http://l3.yimg.com/bt/api/res/1.2/eqnCExx8YdffiYPMcHcYeA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/e85c51db7b517c0d0f0f6a706700cfd6.jpg" width="130" height="86" alt="Kyle Busch (51) and Kurt Busch (18) pull into pit row after a caution during the NASCAR Sprint Cup Series auto race, Saturday, May 12, 2012, at Darlington Raceway in Darlington, S.C. (AP Photo/Willis Glassgow)" align="left" title="Kyle Busch (51) and Kurt Busch (18) pull into pit row after a caution during the NASCAR Sprint Cup Series auto race, Saturday, May 12, 2012, at Darlington Raceway in Darlington, S.C. (AP Photo/Willis Glassgow)" border="0" /></a>Kurt Busch was fined $50,000 by NASCAR on Tuesday for reckless driving on pit road at Darlington and a post-race altercation with Ryan Newman's crew members.</p><br clear="all"/> |
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Greece: Germany's Merkel suggests euro referendum |
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<p><a href="http://news.yahoo.com/greece-germanys-merkel-suggests-euro-referendum-172508317--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/gVBTkVbYJJ1XYeioN8U1eA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/9fda4adefdcafc0d0f0f6a70670036a9.jpg" width="130" height="86" alt="A woman with an umbrella walks past a man using an ATM of the National Bank of Greece in Athens, Friday, May 18, 2012. Greece's Parliament is to be dissolved so new elections can be held June 17. The move Friday comes after an inconclusive election left squabbling politicians unable to form government, deepening the country's political crisis and jeopardizing its membership in Europe's joint currency. (AP Photo/Thanassis Stavrakis)" align="left" title="A woman with an umbrella walks past a man using an ATM of the National Bank of Greece in Athens, Friday, May 18, 2012. Greece's Parliament is to be dissolved so new elections can be held June 17. The move Friday comes after an inconclusive election left squabbling politicians unable to form government, deepening the country's political crisis and jeopardizing its membership in Europe's joint currency. (AP Photo/Thanassis Stavrakis)" border="0" /></a>Greece's government spokesman says German Chancellor Angela Merkel has floated the idea that the country hold a referendum on the euro alongside national elections next month.</p><br clear="all"/> |
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Anti-Romney ads highlight campaign-super PAC link |
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<p><a href="http://news.yahoo.com/anti-romney-ads-highlight-campaign-super-pac-212008110.html"><img src="http://l1.yimg.com/bt/api/res/1.2/qSiv_ya3C3SE_7Bvi9gmjw--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/ap_webfeeds/439a1c15b1d9ba0d0f0f6a706700c0b9.jpg" width="130" height="86" alt="FILE - In this May 9, 2012 file photo, President Barack Obama speaks in the White House in Washington. Looks like President Barack Obama's allies got the hint. An independent group with deep ties to the Democrat's re-election campaign rolls out a TV ad assailing Mitt Romney over business practices at Bain Capital _ just 24 hours after Obama himself opened the same line of attack. It’s a sign of the new world of campaign finance, where super PACs have wide leeway. (AP Photo/Carolyn Kaster, File)" align="left" title="FILE - In this May 9, 2012 file photo, President Barack Obama speaks in the White House in Washington. Looks like President Barack Obama's allies got the hint. An independent group with deep ties to the Democrat's re-election campaign rolls out a TV ad assailing Mitt Romney over business practices at Bain Capital _ just 24 hours after Obama himself opened the same line of attack. It’s a sign of the new world of campaign finance, where super PACs have wide leeway. (AP Photo/Carolyn Kaster, File)" border="0" /></a>It looks like President Barack Obama's allies got the hint. An independent group with deep ties to the president's re-election campaign is launching a new TV ad hitting Mitt Romney's business practices. It comes just 24 hours after the Obama team debuted its own ad attacking the Republican's work at a private equity firm.</p><br clear="all"/> |
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Court turns away PR congressional vote lawsuit |
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The Supreme Court won't hear an appeal from residents of Puerto Rico seeking to gain a voting representative in Congress. |
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Create a Designer Room With New Site 'Project Decor' |
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The Spark of Genius Series highlights a unique feature of startups and is made possible by Microsoft BizSpark. If you would like to have your startup considered for inclusion, please see the details here. |
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G8 to call on IEA for "action" on oil if needed: sources |
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CAMP DAVID, Maryland (Reuters) - Group of Eight leaders agreed on Saturday to call on the International Energy Agency to take "appropriate action" if there are further disruptions to the oil market in the coming months, sources familiar with the G8 draft communiqué said. "There have been increasing disruptions in the supply of oil to the global market over the past several months, which pose a substantial risk to global economic growth. In response, major producers have increased their output while drawing prudently on excess capacity," the statement will say, according to the sources. ... |
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Senators to Blast Facebook Co-Founder Saverin |
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Senators Charles Schumer and Bob Casey are planning a press conference on Thursday to protest Facebook co-founder Eduardo Saverin's decision to renounce his U.S. citizenship. |
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Birth of new Greek drachma would be pained, rushed |
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<p><a href="http://news.yahoo.com/birth-greek-drachma-pained-rushed-132602494--business.html"><img src="http://l.yimg.com/bt/api/res/1.2/2tGjYGzIXyohagGfNPPTOQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-05-20T132602Z_2_CDEE84J0QX700_RTROPTP_2_GREECE.JPG" width="130" height="86" alt="A man makes his way next to a replica of a one drachma coin outside the Athens Town Hall" align="left" title="A man makes his way next to a replica of a one drachma coin outside the Athens Town Hall" border="0" /></a>WASHINGTON (Reuters) - If or when policymakers finally decide Greece should leave the euro, the exit could happen so quickly that "new drachma" currency notes might not be printed in time. In principle, some of the long-term consequences of Athens leaving the currency bloc are not unappealing. The euro zone would no longer have to worry about what has always been its weakest link. While a new Greek currency would almost certainly immediately crash in value as soon as it was issued, in doing so it would make the Greek economy much more competitive. ...</p><br clear="all"/> |
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