Archive for May 16th, 2013

Texas grandfather survives massive tornado

May 16, 2013
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Texas grandfather survives massive tornado

Ethan Jones (center) and family friend German Hernandez help clear out Bill Jones’ destroyed home on Thursday. …
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‘No magic formula’ to end Syria war

May 16, 2013
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‘No magic formula’ to end Syria war

President Barack Obama at a joint news conference with Turkish Prime Minister Recep Tayyip Erdogan in the White …President Barack Obama said Thursday he reserves the right to step up American military and diplomatic efforts to push out Syria’s Bashar al-Assad, but warned he has “no magic formula” to end that country’s civil war. Speaking...
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Wall Street sags after Fed comments, but Cisco surges

May 16, 2013
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Wall Street sags after Fed comments, but Cisco surges

By Leah Schnurr NEW YORK (Reuters) – U.S. stocks fell on Thursday, with the downturn accelerating late in the day after a Federal Reserve official said the central bank could begin easing up on its monetary stimulus this summer. The three major U.S. stock indexes had earlier traded...
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Rating for Buffett’s Berkshire cut by S&P

May 16, 2013
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By Jennifer Ablan, Ben Berkowitz and Jonathan Stempel
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Texas tornadoes leave 6 dead

May 16, 2013
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Texas tornadoes leave 6 dead

A man injured in a tornado is carried to an ambulance in Granbury, Texas, May 15, 2013. (Mike Fuentes/AP)
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Report: Obama dreams of ‘going Bulworth’

May 16, 2013
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President Barack Obama—exasperated by scandals, a seemingly stalled domestic agenda and armchair chiefs of staff in the media—wants to tell you what he really thinks, Washington. Really let you have it. In fact, he’s so frustrated with all of the inside-the-Beltway BS that he might hire an assassin to target him in a couple...
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GOP not satisfied by Benghazi email release

May 16, 2013
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WASHINGTON (AP) — The White House release of some 100 pages of emails and notes about the deadly attack on the U.S. diplomatic mission in Benghazi, Libya, last year has failed to satisfy congressional Republicans, who are demanding more information.
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At least 6 confirmed dead in Texas tornado

May 16, 2013
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GRANBURY, Texas (AP) — Officials awaited daybreak to fully assess the scope of the destruction left in the wake of a deadly tornado in Granbury.
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Analysis: Blackstone and peers have a bargain for you: themselves

May 16, 2013
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By Greg Roumeliotis NEW YORK (Reuters) – Alternative asset managers such as Blackstone Group LP and KKR & Co LP have for decades scoured the stock market for undervalued companies. Now they are trying to convince investors that shares in their own firms are a bargain.
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SABMiller Zimbabwe unit year earnings up 36 percent

May 16, 2013
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HARARE (Reuters) – SABMiller‘s Zimbabwe unit reported a 36 percent rise in full-year earnings on Wednesday, driven by strong sales of premium lager and non-alcoholic beverages.
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