Australia transport bureau says beach debris not from MH370

Australia transport bureau says beach debris not from MH370

MELBOURNE (Reuters) – Debris picked up on a beach in Western Australia this week is unlikely to have come from the Malaysian Airlines jet that vanished nearly seven weeks ago, Australia’s transport bureau said on Thursday. The Australian Transport Safety Bureau (ATSB) has assessed the material that washed up on the coast 10 km (six [...]

Ukraine revolt shows faces, but whose are the brains?

Ukraine revolt shows faces, but whose are the brains?

By Alissa de Carbonnel and Aleksandar Vasovic DONETSK/SLAVIANSK, Ukraine (Reuters) – One is a dapper former croupier and promoter of Ponzi scams run by "Russia’s Bernie Madoff"; the other is a burly Soviet Navy veteran turned soap factory boss, with a shifting gaze and a glint of gold teeth. In an uprising whose calling cards [...]

Australia transport safety chief says beach debris not from MH370: ABC Radio

Australia transport safety chief says beach debris not from MH370: ABC Radio

MELBOURNE (Reuters) – Australia’s transport safety chief said on Thursday he was confident that debris picked up on a Western Australian beach this week had not come from the missing Malaysian Airlines flight 370. Australian Transport Safety Bureau Chief Commissioner Martin Dolan told Australian Broadcasting Corp Radio that he was looking at detailed photographs of [...]

Exclusive: White House considers former banking lawyer for Fed board – sources

Exclusive: White House considers former banking lawyer for Fed board – sources

By Jonathan Spicer and Emily Stephenson NEW YORK/WASHINGTON (Reuters) – A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve, according to sources familiar with the efforts The lawyer’s name emerged as the White House weighs candidates with community [...]

Apple expands buybacks by $30 billion, OKs seven-for-one stock split

Apple expands buybacks by $30 billion, OKs seven-for-one stock split

By Edwin Chan SAN FRANCISCO (Reuters) – Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock’s appeal to individual investors. The company also approved a roughly 8 percent [...]

Facebook first-quarter revenue grows 72 percent on rising mobile ads

Facebook first-quarter revenue grows 72 percent on rising mobile ads

By Alexei Oreskovic SAN FRANCISCO (Reuters) – Facebook Inc’s mobile advertising business accelerated in the first three months of the year, helping the Internet social networking company top Wall Street’s financial targets. Shares of Facebook were up nearly 3 percent at $63.05 in after-hours trading on Wednesday. Facebook said that mobile ads represented 59 percent [...]

‘Murdered’ Ukraine politician faced hostile mob, video shows

‘Murdered’ Ukraine politician faced hostile mob, video shows

SLAVIANSK, Ukraine (Reuters) – The Ukrainian town Councilor whose apparent torture and murder helped to prompt a threatened new government offensive in the east was mobbed by a hostile, pro-Russian crowd before he disappeared, a video of the incident shows. The apparent murder of Volodymyr Rybak and a second man prompted the European Union to [...]

East Ukraine militants confirm they are detaining U.S. reporter

SLAVIANSK, Ukraine (Reuters) – Pro-Russian separatists in eastern Ukraine on Wednesday confirmed they are detaining a U.S. journalist working with Vice News. The self-declared separatist mayor of Slaviansk told reporters the journalist, Simon Ostrovsky, had been detained for reporting what he said was false information that was "destabilizing for us" but that he was being [...]

U.S. says ‘disappointed’ by Palestinian unity deal

WASHINGTON (Reuters) – The United States said on Wednesday it was disappointed by a unity pact agreed between the Gaza-based Islamist group Hamas and President Mahmoud Abbas’ Palestine Liberation Organization (PLO) and said it could seriously complicate peace efforts. "The timing was troubling and we were certainly disappointed in the announcement," State Department spokeswoman Jen [...]

Special Report: For private deals, no one is watching the watchdogs

Special Report: For private deals, no one is watching the watchdogs

By Emily Flitter OMAHA, Nebraska (Reuters) – From 2006 to 2009, Provident Asset Management raised $485 million from 7,700 investors who were drawn to its promises of annual returns as high as 18 percent on oil and gas assets. Law firm Mick & Associates helped. Provident paid Mick to provide "due diligence" reports to help [...]