U.S. completes review of blowout preventer in BP spill

Tweet WASHINGTON (Reuters) – The failure of the underwater blowout preventer that led to the massive BP oil spill in the Gulf of Mexico was caused by the inability of the blind shear rams to close and seal the leaking well, the U.S. government said on Wednesday. See original here: U.S. completes review of blowout preventer in BP spill  Read More →

Jerusalem bombing kills woman after 7-year lull

Tweet JERUSALEM (Reuters) – A bomb exploded near a bus stop in a Jewish district of Jerusalem on Wednesday, killing a woman and injuring at least 30 people, in an attack police blamed on Palestinian militants. Visit link: Jerusalem bombing kills woman after 7-year lull  Read More →

Corrected: Radiation at 500 microsieverts/hr at Japan No. 2 unit

Tweet Agency corrects radiation level to 500 microsieverts per hour, not millisieverts. Corrects to show level was recorded on March 18, not Wednesday; and removes reference to highest level of radiation since crisis began. The rest is here: Corrected: Radiation at 500 microsieverts/hr at Japan No. 2 unit  Read More →

Goldman CEO: Ex-director leaked info to Rajaratnam

Tweet NEW YORK (Reuters) – Goldman Sachs Group Inc Chief Executive Lloyd Blankfein made his much-anticipated appearance at Raj Rajaratnam’s trial, telling jurors a former director at Wall Street’s most powerful bank leaked inside details to the accused hedge fund manager. Continue reading here: Goldman CEO: Ex-director leaked... 

New home sales plunge to record low in February

Tweet WASHINGTON (Reuters) – New single-family home sales unexpectedly fell in February to hit a record low and prices were the lowest since December 2003, showing the housing market slide was deepening. View original post here: New home sales plunge to record low in February  Read More →

Film legend Elizabeth Taylor dies at 79 in LA

Tweet LOS ANGELES (AP) — Elizabeth Taylor, the violet-eyed film goddess whose sultry screen persona, stormy personal life and enduring fame and glamour made her one of the last of the old-fashioned movie stars and a template for the modern celebrity, died Wednesday at age 79…. Read more here: Film legend Elizabeth Taylor dies at 79... 

Spring? Yeah, right: More snow for Northeast

Tweet ALBANY, N.Y. (AP) — Winter isn’t done with some areas of the Northeast just yet…. See the original post here: Spring? Yeah, right: More snow for Northeast  Read More →

Gates to discuss Egypt, Libya in Cairo visit

Tweet CAIRO (Reuters) – U.S. Defense Secretary Robert Gates arrived in Cairo on Wednesday on an unannounced two-day visit where he is expected to discuss operations in Libya and offer U.S. assistance during Egypt’s transition to democracy Read the original post: Gates to discuss Egypt, Libya in Cairo visit  Read More →

Portugal government may collapse before EU summit

Tweet LISBON (Reuters) – Portugal’s parliament is expected to reject government austerity measures on Wednesday, setting the stage for the possible collapse of the minority Socialist administration a day before a European summit. Continue reading here: Portugal government may collapse before EU summit  Read More →

Sprint cries foul over rivals’ mega-merger

Tweet ORLANDO, Florida (Reuters) – Sprint Nextel Corp cried foul over a planned merger between AT&T Inc and T-Mobile USA, saying the deal would stifle competition and potentially hurt its profitability. Originally posted here: Sprint cries foul over rivals’ mega-merger  Read More →