Archive for May 16th, 2014

India’s historic election: Why Modi matters

May 16, 2014
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Never has India had a prime minister like Narendra Modi.
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Top VA health official resigns under fire

May 16, 2014
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WASHINGTON (AP) — The top official for veterans’ health care resigned Friday amid a firestorm over delays in care and falsified records at veterans hospitals.
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Worry settles over Wall Street as stocks stall

May 16, 2014
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NEW YORK (AP) — Wall Street has caught a case of the jitters.
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US stocks turn mixed in afternoon trading

May 16, 2014
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NEW YORK (AP) — U.S. stocks were mixed in afternoon trading Friday. After taking a hard hit in the middle of the week, the stock market is on track for a second straight weekly loss.
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10 dead, 70 wounded in Kenya blasts

May 16, 2014
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NAIROBI, Kenya (AP) — Two blasts hit Kenya’s capital on Friday, killing 10 people and injuring 70 more in the latest in a string of increasingly frequent terror attacks.
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Turkish firm, government officials deny negligence in mining blast

May 16, 2014
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SOMA, Turkey (AP) — A Turkish mining company defended its safety record Friday and senior Turkish officials denied allegations of lax government oversight four days after at least 284 people died in a coal mine explosion and fire.
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Condolences for Card Factory as market cools for UK new issues

May 16, 2014
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By Freya Berry LONDON, May 16 (Reuters) – Lukewarm demand for shares inBritish greetings card retailer Card Factory Plc isthe latest indicator that interest in European companyflotations may be cooling somewhat after a red-hot start to theyear.
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Wall Street dips as small-caps again weigh

May 16, 2014
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By Ryan Vlastelica NEW YORK (Reuters) – U.S. stocks edged lower on Friday, with the Dow and S&P 500 on track for their third straight daily decline as small-cap stocks once again underperformed the market.
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India opposition wins election landslide

May 16, 2014
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NEW DELHI (AP) — India’s opposition leader Narendra Modi and his party won national elections in a landslide Friday, preliminary results showed, driving the long-dominant Congress party out of power in the most commanding victory India has seen in more than a quarter century.
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Southern California wildfires force 125,000 to flee, one dead

May 16, 2014
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By Marty Graham SAN DIEGO (Reuters) – California firefighters battled a series of wildfires on Thursday that have forced 125,000 people to flee their homes in the San Diego area and may have killed at least one person.
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