President Barack Obama raised a combined $43.6 million in April for his campaign and the Democratic Party as he faces a unifying Republican effort around Mitt Romney for the White House.
Rhode Island officials held an emergency meeting Wednesday that could determine the fate of former Red Sox pitcher Curt Schilling's video game company.
WASHINGTON (Reuters) - Groundbreaking for homes rebounded in April and factory activity gained steam, suggesting the economy remains on a steady, if unspectacular recovery course. The Commerce Department said on Wednesday housing starts increased 2.6 percent to a seasonally adjusted annual rate of 717,000 units, while the Federal Reserve said production at the nation's mines, factories and utilities rose 1.1 percent. The jump in industrial output, which was the largest since December 2010, was driven by a 4.5 percent increase in utility output, a 1.6 percent gain in mining and a 0. ...
Roger Federer braved dust storm conditions to blow past Argentine Carlos Berlocq 6-3, 6-4 and open his week with a second-round victory at the Rome Masters on Wednesday.
Facebook insiders will be unloading more of their shares in the initial public offering, the company said Wednesday, as they take advantage of investor demand.
THE HAGUE (Reuters) - Bosnian Serb general Ratko Mladic made a throat-slitting gesture to a woman who lost her son, husband and brothers in the Srebenica massacre at the start of his trial on Wednesday for some of the worst atrocities in Europe since World War Two. Mladic, now 70, flashed a defiant thumbs-up as he entered the courtroom - the last of the main protagonists in the Balkan wars of the 1990s to go on trial at the International Criminal Tribunal for the former Yugoslavia in The Hague. ...
PARIS (Reuters) - The government of France's new President Francois Hollande is likely to be dominated by moderate social democrats after party leader Martine Aubry, overlooked for the prime minister's role, said on Wednesday she would not be in the cabinet. Aubry, daughter of former European Commission president Jacques Delors and on the left of the Socialist Party, who was once tipped to be its candidate in the presidential election, made it clear she was unhappy to accept a consolation post. ...
Target Corp. reported a 1.2 percent increase in first-quarter profit and raised its earnings forecast for the full year due to strong sales of its food and cheap chic fashions.
Stocks are opening higher on Wall Street on new signs that the long-suffering U.S. housing market may be recovering.
TAMPA, Florida (Reuters) - The FBI has opened an inquiry into the multibillion-dollar trading losses at JPMorgan Chase, stepping up pressure on the bank after key U.S. agencies said they were looking into high-risk trades that first drew regulators' attention last month. The news did little to spook investors, who sent the stock higher Tuesday, or shareholders, who backed embattled Chief Executive Jamie Dimon at the bank's annual shareholders meeting, with a vote rejecting a proposal to split the jobs of CEO and chairman. ...
Syria's rebels have seen an influx of arms including anti-tank weaponry for their fight against President Bashar al-Assad regime, in an effort coordinated with the help of the United States, a report said Wednesday.
ATHENS (Reuters) - Greece put a senior judge in charge of an emergency government on Wednesday to lead it to new elections on June 17 and bankers sought to calm public fears after the president said political chaos risked causing panic and a run on deposits. European leaders who once denied vociferously that they were fretting over Greece leaving their currency union have given up pretence. Asked if he was concerned about a Greek exit, European Central Bank chief Mario Draghi said simply: "No comment". ...
GREENSBORO, NC (Reuters) - Former Senator John Edwards, his ex-mistress and his oldest daughter may take the witness stand on Wednesday to offer a last word in his defense at his federal campaign finance trial, Edwards' lawyer said. A final defense witness list included Edwards and Rielle Hunter, the woman with whom he had an affair and fathered a child during his 2008 presidential bid, as well as Cate Edwards, his daughter with late wife Elizabeth, said defense attorney Abbe Lowell. ...
A retired state judge supported by marijuana advocates has defeated a former federal prosecutor in a Democratic primary race for attorney general that focused on Oregon's medical marijuana law.
Investigators on Wednesday were analyzing the cockpit voice recorder from a Russian passenger jet that slammed into the side of an Indonesian volcano. They hope the final words of the two pilots will help explain what caused last week's crash, which killed all 45 people on board.
A groom whose bride had sought to keep their impending wedding secret from most of her family is wanted on a murder charge after his new wife was found stabbed to death in a bathtub in her suburban Chicago home just hours after the ceremony, still dressed in silver sequins.
An Israeli company has written off its entire 12.5 percent investment in the company that sold Egyptian natural gas to Israel before Egypt terminated the exports.
U.S. stock futures rose Wednesday amid strong data from the housing sector, yet worries persist that overwhelming debt levels in Greece could fracture the European Union and roil global markets.
Facebook on Wednesday boosted by 25 percent the number of shares for sale at its stock market debut, amid signs of strong investor demand for its initial public offering this week.
A team of international observers was evacuated from a tense town in northern Syria on Wednesday, one day after a roadside bomb hit their convoy and left them stranded overnight with rebel forces, a U.N. spokesman said.
Whatever they may have thought of his politics, anyone lucky enough to have conversed with author Carlos Fuentes couldn't help but be taken by his patrician good looks and his love affair with language.
New construction of homes in the United States jumped in April, official data showed Wednesday in a fresh sign of improvement in the distressed housing market.
Syrian troops launched deadly raids in northwest and south Syria on Wednesday, as activists said members of a UN team of observers were safely evacuated a day after a bomb blast hit their convoy.
Clashes between government troops and al-Qaida fighters left 19 people dead in southern Yemen on Wednesday, military officials said.
An ultra-conservative Catholic group on Wednesday said one of its most senior priests who teaches doctrine at a Vatican university has a child and admitted it knew about the scandal for some time.
Staples Center is always among the world's busiest arenas, hosting a jam-packed slate of concerts and shows crammed between games for the NBA's Lakers and Clippers and the NHL's Kings.
The shadowy financial adviser of the late Yasser Arafat is being sought on suspicion he stole millions of dollars in public funds, the top Palestinian anti-corruption campaigner said Wednesday.
Marie de Medici wore it at her coronation as Queen Consort of Henry IV in France in 1610, and now the Beau Sancy diamond is a lavish accessory owned by an anonymous bidder who paid $9.7 million for it at Sotheby's auction.
