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  • The Federal Reserve Ignores Its Own Role in the Financial Crisis

    Since the financial meltdown in 2008, the Federal Reserve's range of powers have expanded, as have the kinds of financial institutions it monitors and regulates. Fed Chairman Ben Bernanke is now saying that the Fed's oversight has expanded beyond strictly financial institutions to wide swaths of the economy that might, in his words, provide evidence of "emerging ...

  • Energy Stocks Energy stocks rally top gainer among SP sectors

    SAN FRANCISCO (MarketWatch) -- Energy stocks rose on Monday, the top gainer in the S&P 500 Index, standing head and shoulders above other sectors and up 4.3% on the ...

  • Ryanair propels European shares to five-year highs

    news ) outperforms, IBEX lags on technical signals * Miners drag as metal prices weaken By Alistair Smout LONDON, May 20 (Reuters) - European shares reached new five-year peaks on Monday, supported by strength in the autos and travel sector, where budget airline Ryanair's stock hit a record high on the back of strong earnings. Travel and leisure stocks gained 1.1 percent, led by a ...

  • U.S. pesticide makers seek answers as bee losses sting agriculture

    (Reuters) - Monsanto Co is hosting a "Bee Summit." Bayer AG is breaking ground on a "Bee Care Center." And Sygenta AG is funding grants for research into the accelerating demise of honeybees in the United States, where the insects pollinate fruits and vegetables that make up roughly a quarter of the American ...

  • First flight nears A350 could make Paris show flypast

    EAD.PA ) could steal the Paris air show with a flypast of its newest passenger jet, the A350, as confidence grows over a maiden flight some four weeks ...

Movie Review

The Devil's Own

For a film headed by Harrison Ford and Brad Pitt about such highly charged subject matter as the IRA and the deception of a father-figure by his adopted son, "The Devil's Own" is awfully dull. While it was in production, there were rampant rumors of ego wars between the two stars and endless script revisions, so severe that Pitt wanted to walk out because the working script bore little resemblance ... ...

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  • Wall Street inches up as deals provide support for rally

    US stocks rose slightly as acquisition activity gave support, but investors were hesitant to rush into the market with indexes hovering around record ...

  • REFILE-U.S. homeland security notice weighs on OSI Systems new contracts

    Mon May 20, 2013 1:10pm EDT May 20 (Reuters) - OSI Systems Inc said the U.S. Department of Homeland Security has issued it a "proposed debarment notice" related to privacy concerns over its full-body passenger scanners used in airports, limiting the company's ability to sign new federal government contracts until the issue is resolved. OSI Systems shares fell as much as 17 percent on ...

  • UPDATE 2-Warmer forecasts push U.S. natgas futures up for 2nd day

    * Warmer trend this week lifts prospects for demand * Front-month futures gain for second day By Joe Silha NEW YORK, May 20 (Reuters) - U.S. natural gas futures rose for a second straight session on Monday as warmer weather stretching from Texas to the Northeast this week should boost demand by forcing homeowners and businesses to crank up their air conditioners. Prices have bounced roughly 5 ...

  • UPDATE 1-Spains El Corte Ingles in 5 bln euro debt restructuring

    Mon May 20, 2013 1:04pm EDT By Carlos Ruano MADRID May 20 (Reuters) - Spanish department store El Corte Ingles, the country's largest privately held company, said on Monday it had started talks to restructure debt totalling 5 billion euros ($6.43 billion). El Corte Ingles, one of Spain's largest employers and most venerable retailers, has been hit by a tough economic downturn and been ...

  • Morgan Stanley sued in pay-to-play retirement plan case

    Mon May 20, 2013 1:01pm EDT * Bank accused of steering 401(k) business to win extra fees * Morgan Stanley declines comment; ING denies wrongdoing May 20 (Reuters) - Morgan Stanley has been sued by an Alabama medical laboratory that claims it steered retirement plan business to ING U.S. Inc and others in exchange for extra fees in an illegal "pay-to-play" scheme. Skin Pathology Associates ...

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