Path To Citizenship Divides Senate

17.05.2006 09:43 - source: CBS

Supporters of immigration legislation are predicting they will pass a Senate bill giving millions of illegal immigrants a path to citizenship. Meanwhile, hundreds of pro-immigrant advocates from at least 20 states will be in D.C. to lobby Senators. Read more…


Less Rain, But New England Dams Eyed

17.05.2006 09:43 - source: CBS

The region's record flooding is putting pressure on aging dams, some of which have already been damaged. But roads were reopening and residents were returning to their homes after the worst floods in 70 years. One person was dead. Read more…


Ohio Man Missing From Cruise Ship

17.05.2006 09:42 - source: CBS

The Coast Guard is searching for a 21-year-old passenger reported missing from the Mariner of the Seas as it sailed from Florida to the Bahamas. His friends reported him missing Monday when they realized his bed hadn't been slept in. Read more…


Miami Motorists Rated Rudest

17.05.2006 09:42 - source: CBS

Miami came out on top earned the "honor" of having the worst road rage in a 20-city survey released by AutoVantage, an automobile membership club that offers travel services and roadside assistance. Read more…


McCartney: We Can't Work It Out

17.05.2006 09:42 - source: CBS

Former Beatle Paul McCartney has announced his separation from his wife of nearly four years, Heather Mills. They blame public attention, but a British newspaper says the two have had a series of bitter arguments. Read more…


Gatlin's 100-Meter Record Taken Away

17.05.2006 09:42 - source: CBS

The International Association of Athletics Federations says the American sprinter equaled, but did not break, Asafa Powell's previous 9.77 seconds " his 9.766 should have been rounded up, not down. Read more…


Ameriprise loses $19.6M arbitration case

17.05.2006 09:41 - source: CNNMoney.com

NEW YORK (Reuters) - Ameriprise Financial Inc., the brokerage spun off last year by American Express Co., said Tuesday an NASD panel ruled against its Securities America Inc. unit in an arbitration, and awarded the plaintiffs about $19.6 million.The arbitration panel handed down the award Read more…


Chevron strikes oil off Nigerian coast

17.05.2006 09:41 - source: CNNMoney.com

LAGOS (Reuters) - Energy major Chevron and partners including Exxon Mobil have made a first discovery of crude oil in an exploration block 70 miles off the Nigerian coast, Chevron said Wednesday.Chevron ( Read more…


Gold jumps 2.7% returns to $700 level

17.05.2006 09:41 - source: CNNMoney.com

SINGAPORE (Reuters) - Gold reversed early losses and rose more than 2 percent to above $700 an ounce on Wednesday as Japanese futures rebounded after falling by the 60-yen daily limit the previous day.Other precious metals also gained, with platinum boosted by record-high platinum futures Read more…


Verizon denies giving out phone info

17.05.2006 09:41 - source: CNNMoney.com

NEW YORK (CNNMoney.com) - Verizon Communications Inc. denied earlier media reports that it entered into a contract with the National Security Agency, providing the government office with info about its customer phone calls."One of the most glaring and repeated falsehoods in the media Read more…


'Phantom' video game CEO charged with pump and dump scheme

17.05.2006 09:41 - source: CNNMoney.com

NEW YORK (CNNMoney.com) - The former CEO of a Seattle-based video game company has been charged with artificially inflating his company's stock price while he sold personal shares, commonly referred to as a pump and dump scheme.The Securities and Exchange Commission on Tuesday accused Read more…


Xstrata ups ante in battle for Falconbridge

17.05.2006 09:40 - source: CNNMoney.com

LONDON (Reuters) - Diversified miner Xstrata made a counterbid for Canada's Falconbridge on Wednesday with a cash offer valuing the nickel miner at $17.9 billion, trumping a bid by Canadian Inco.Mining shares, including Xstrata, surged following the news and as commodity markets Read more…


Bernanke resists more hedge fund regulation

17.05.2006 09:40 - source: CNNMoney.com

WASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke said Tuesday stiffer hedge fund regulation could make financial markets less stable, as he backed the current focus on ensuring hedge fund trading partners manage their risks well.In his first comments on the subject since Read more…


Record labels file suit against XM

17.05.2006 09:40 - source: CNNMoney.com

LOS ANGELES (Reuters) - The world's major record companies on Tuesday filed a lawsuit against satellite provider XM Satellite Radio Holdings Inc., alleging its new Inno portable device which can store music infringes on their copyrights.A spokesman for the Recording Industry Association Read more…


Core PPI lower than expected

17.05.2006 09:40 - source: CNNMoney.com

WASHINGTON (Reuters) - A big rise in energy costs pushed U.S. producer prices up a sharp 0.9 percent last month, but prices outside the volatile food and energy areas rose a slimmer-than-expected 0.1 percent, a government report showed on Tuesday.The April gain in the overall producer Read more…


Applied Materials earnings jolted higher

17.05.2006 09:40 - source: CNNMoney.com

SAN FRANCISCO (Reuters) - Applied Materials Inc. posted a higher quarterly profit Tuesday as the world's top supplier of equipment for making microchips saw revenue jump by one-fifth amid growing demand for consumer electronics.The Santa Clara, Calif.-based company also said it expected Read more…


UAW approves Delphi labor strike

17.05.2006 09:40 - source: CNNMoney.com

CHICAGO (Reuters) - The United Auto Workers Tuesday said its U.S. hourly workers have voted overwhelmingly to authorize a strike if bankrupt auto parts maker Delphi tosses out its labor contracts as part of its reorganization.Over 95 percent of votes cast authorized the UAW to call a Read more…


Nike to pay $52.5 million in damages

17.05.2006 09:39 - source: CNNMoney.com

SAN FRANCISCO (Reuters) - Nike said Tuesday it will likely take a charge in the fourth quarter after an arbitrator ruled that its Converse unit should pay $52.5 million in damages to a former Latin American licensee, Alon International.The athletic shoe maker did not disclose details of Read more…


TV's Thursday night cage match

17.05.2006 09:39 - source: CNNMoney.com

NEW YORK (CNNMoney.com) - NBC and ABC are apparently tired of watching CBS dominate the ratings on Thursdays, one of the most important nights of the week for network broadcasters.NBC announced on Monday that its eagerly awaited new drama, "Studio 60 on the Sunset Strip," will air on Read more…


Northwest letter 'outrages' flight attendants union

17.05.2006 09:39 - source: CNNMoney.com

CHICAGO (Reuters) - The flight attendants union at bankrupt Northwest Airlines said Tuesday it is "outraged" over a letter the carrier sent to members saying it would not renegotiate if the workers rejected a tentative contract that has been put to vote.The flight attendants are deciding Read more…


Gunman shoots Turkey court judges

17.05.2006 09:39 - source: BBC News

A gunman opens fire inside Turkey's highest court, leaving a number of judges seriously injured. Read more…


Five Indonesians die of bird flu

17.05.2006 09:39 - source: BBC News

Five more people have died from bird flu in Indonesia, the World Health Organization confirms. Read more…


McCartney and Mills to separate

17.05.2006 09:38 - source: BBC News

Sir Paul McCartney and wife Heather Mills are to separate, blaming the split on "intrusion into their private lives". Read more…


South Russia blast kills minister

17.05.2006 09:38 - source: BBC News

A suspected suicide bombing in south Russia kills the Ingush deputy interior minister and six other people. Read more…


Prodi names Italian government

17.05.2006 09:38 - source: BBC News

Italy's incoming Prime Minister Romano Prodi names his new government after giving a list of ministers to the president. Read more…