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Three charged in carjacking of pastor Marvin Winans

Three young men were arraigned Sunday in the assault and carjacking of popular Detroit pastor and gospel singing icon Marvin Winans.

White House: Megrahi death closes ‘unfortunate chapter’

Abdelbaset Ali Mohmet al-Megrahi was released on compassionate grounds in 2009The White House said Sunday that the death of convicted Lockerbie bomber Abdel Basset Ali al-Megrahi closed "an unfortunate chapter" that opened when Scotland freed the former Libyan intelligence officer on humanitarian grounds in 2009. "We have received confirmation from the Libyan government that Abdel Basset Ali al-Megrahi died earlier today," National Security Council spokesman Tommy Vietor [...]


Two more activists hit with charges related to NATO summit

This undated photo provided May 20, 2012, by the Chicago Police Department shows Sebastian Senakiewicz, 24, of Chicago. Chicago police said Sunday, May 20, 2012, that Senakiewicz has been charged with one felony count of terrorism/making a false threat. He is accused of planning to make a Molotov cocktail to be used during the NATO summit. Prosecutors previously charged three other men after a raid on a Chicago apartment with planning to attack President Barack Obama's campaign headquarters, Mayor Rahm Emanuel's home and other targets. They're also accused of trying to make Molotov cocktails. (AP Photo/Chicago Police Department)Prosecutors charged two more activists Sunday with crimes tied to the two-day NATO summit, accusing one of saying he wanted to blow up a downtown Chicago bridge and a second with seeking to build pipe bombs.


U.S. trainer shot in Yemen, army advances on militants

SANAA/ADEN (Reuters) - Unidentified assailants shot and seriously wounded a U.S. military instructor in Yemen on Sunday, while the army closed in on a town controlled by al Qaeda-linked fighters in heavy fighting that killed at least 27 people, local officials said. Four Americans - who were in the impoverished Arab state training its coastguard - were in the car that was attacked, a Yemeni coastguard officer said. "They were leaving their hotel in a Land Cruiser when militants in another car pulled up alongside and opened fire with rifles. ...

Afghan Karzai: Thanks for ‘your taxpayers’ money’

U.S. President Obama shakes hands with Afghanistan President Karzai in ChicagoLooking to a day when "the Afghan war as we understand it is over," President Barack Obama met Sunday with President Hamid Karzai of Afghanistan to discuss NATO's withdrawal from that strife-torn country by the end of 2014. Obama, who has put the draw-down of combat troops at the heart of his foreign policy, declared that [...]


Pakistan blocks Twitter over contentious tweets

Pakistan blocked the social networking website Twitter for much of Sunday because it refused to remove tweets considered offensive to Islam, said one of the country's top telecommunications officials.

Former Israeli PM: Jerusalem must be partitioned

Israeli Prime Minister Benjamin Netanyahu arrives for a special cabinet meeting marking 'Jerusalem Day' in the Ammunition Hill memorial in Jerusalem, Sunday, May 20, 2012. 'Jeruslem Day' marks the anniversary of Israel's capture of the eastern part of the city in the 1967 Mideast war.(AP Photo/Abir Sultan, Pool)Former Prime Minister Ehud Olmert on Sunday urged Israeli leaders to relinquish the idea of a unified Jerusalem if they truly want peace, contending in a pair of interviews that years of government neglect have kept the Jewish and Arab sectors irreparably divided.


For NY farmers, fracking could mean salvation -- or ruin

For NY farmers, fracking means salvation _ or ruinWhen Dan Fitzsimmons looks across the Susquehanna River and sees the flares of Pennsylvania gas wells, he thinks bitterly of the riches beneath his own land locked up by the heated debate that has kept ...


NATO chief insists no rush to exits in Afghanistan

NATO Secretary General Anders Fogh Rasmussen speaks to media before state and government leaders arrive at the NATO Summit in Chicago Sunday, May 20, 2012. (AP Photo/Carolyn Kaster)The United States and NATO leaders insist the Afghanistan fighting coalition will remain whole despite France's plans to yank combat troops out early, but leaders wary of plummeting public support for the war are using an alliance summit Sunday to show they want to move quickly away from the front lines.


Protesters stream into Chicago park for NATO march

NATO protestors form a sit-in in response to a police barricade of bicycles, Saturday, May 19, 2012, in Chicago. Security has been high throughout the city in preparation for the NATO summit, where delegations from about 60 countries will discuss the war in Afghanistan and European missile defense. (AP Photo/John Minchillo)A diverse crowd of protesters began streaming into a downtown Chicago park Sunday for one of the city's largest demonstrations in years — a march to the lakeside convention center hosting a historic NATO summit.


Tropical Storm Alberto weakens off Carolina coast

This NOAA satellite image taken Saturday, May 19, 2012, shows tropical storm Alberto 140 miles (225 km) east of Charleston, S.C. Alberto is the first tropical storm of the season and formed Saturday off the coast of South Carolina with top winds of 45 mph (75 kph). (AP Photo/Weather Underground)Tropical Storm Alberto weakened slightly off the South Carolina coast on Sunday, canceling dolphin cruises, producing showers along the coast and serving as a reminder that the 2012 Atlantic hurricane season is just around the corner.


Iran MP jibes: Ahmadinejad should 'open nightclubs'

Iranian President Mahmoud Ahmadinejad is seen through two Shiite womenA hardline Iranian MP on Saturday took a jibe at President Mahmoud Ahmadinejad for failing to support an Islamic dress code for women, suggesting the president should now move to open "nightclubs" in the Islamic republic.


North Korea releases detained Chinese fishermen

BEIJING (Reuters) - North Korea released a number of Chinese fishermen and boats on Sunday two weeks after seizing them, ending a rare public dispute between the two allies, Chinese state media reported. The boats were taken in the Yellow Sea between China and North Korea on May 8 - although it remains unclear whether the action was authorised by the North Korean government. The North Koreans who took the boats had demanded 1.2 million yuan ($189,800) for releasing the fishermen, then cut their price to 900,000 yuan, the owner of one of the captured vessels said last week. ...

Earthquake kills at least seven in Italy

A man looks at the damage caused by a quake in Finale Emilia northern Italy, Sunday, May 20. 2012. An earthquake shook northern Italy early Sunday at 4:04 a.m. Sunday between Modena and Mantova, about 35 kilometers (22 miles) north of Bologna at a relatively shallow depth of 10 kilometers (6 miles). (AP Photo/Marco Vasini)At least seven people died and 50 were injured after a 6.0-magnitude earthquake struck northern Italy early Sunday, authorities there said. According to CNN, two ceramic factory workers were killed in Sant'Agostino di Ferrara, another in a shed collapse in Ponte Rodoni di Bondeno, and three others in under rubble in various locations. Among the [...]


Lockerbie bomber dies in Libya hospital

The cockpit of the 747 Pan Am airliner, bombed in 1988 over the town of LockerbieAbdel Basset Ali al-Megrahi, the former Libyan intelligence official who was sentenced to life in prison in the bombing of Pan Am Flight 103, has died, the Libyan government said on Sunday. He was 60. The bombing of the Dec. 21, 1988 Pan Am transatlantic flight to New York from London as it flew over [...]


Facebook stock limps into Monday: What's next after IPO?

Market trackers say people are much more likely to click on ads at Google than at FacebookFacebook resumes trading on Wall Street on Monday with shares being closely watched to see how well they stand on their own after stumbling out of the gate in a historic but lackluster debut.


Romney, US Sen. Brown play down past connections

Republican presidential candidate and former Massachusetts Governor Romney speaks to supporters in front of Sawyer Bridge during campaign event in HillsboroughMassachusetts Republicans Mitt Romney and Scott Brown have a history of supporting each other throughout their political careers.


Hidden fingerprint of weapons-grade plutonium found

Hidden Fingerprint of Weapons-Grade Plutonium Finally FoundAfter 50 years of searching, physicists have spotted the fingerprint of radioactive plutonium, revealing the secrets of this complex molecule behind nuclear weapons.


Bomb explodes near UN observers' chief in Syria

In this citizen journalism image provided by Sham News Network SNN, an anti-Syrian regime protester, holds up a Cross and Crescent painted with colors of the Syrian revolution flag during a demonstration against Syrian President Bashar Assad, at the Damascus suburb of Yabroud, Syria, Friday, May 18, 2012. Syrian security forces fired tear gas and live ammunition to disperse thousands rallying Friday in Aleppo in what activists said was the largest protest yet in a city that has largely remained loyal to President Bashar Assad during the country's 15-month uprising. (AP Photo/Sham News Network, SNN)THE ASSOCIATED PRESS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS HANDOUT PHOTOA roadside bomb exploded in a restive suburb of the Syrian capital as senior U.N. officials toured the area on Sunday, blowing off the front of a parked vehicle but causing no casualties.


APNewsBreak: 22 states join campaign finance fight

APNewsBreak: 22 states join campaign finance fightTwenty-two states and the District of Columbia are backing Montana in its fight to prevent the U.S. Supreme Court's 2010 Citizens United decision from being used to strike down state laws restricting corporate ...


Pelosi defends Dems' Rev. Wright fundraising appeal

Nancy Pelosi Defends Dems Rev. Wright Fundraising AppealHouse Democratic Leader Nancy Pelosi defended the Democratic Congressional Campaign Committee on "This Week" for sending a fundraising email that attempted to capitalize on the apparently dead advertising plan to link President Obama to Rev. Jeremiah Wright.


Boehner insists on tying debt limit increase to spending cuts

'This Week' Transcript: House Speaker John Boehner and House Democratic Leader Nancy PelosiHouse Speaker John Boehner, R-Ohio, stood by his call insisting that any increase in the debt limit should be offset by greater cuts in spending and tax reform before the end of the year, saying that working toward an agreement now would improve the economy.


Kelly Brook's dress causes a stir: Twitter highlights from Cannes

@lemontwittor's pic of Kelly BrookThe appearance of actress Kelly Brook at Cannes causes a buzz on Twitter due to her "figure-hugging dress". Reactions to Kelly Brook's dress can be found below in this latest article from Relaxnews examining social media reaction to the Cannes Film Festival.


Pakistan blocks Twitter access over "blasphemous content"

ISLAMABAD (Reuters) - Pakistan on Sunday blocked access to Twitter in response to "blasphemous" material posted by users on the microblogging and social networking website, a senior government official said. "This has been done under the directions of the Ministry of Information Technology. It's because of blasphemous content," said Mohammed Yaseen, chairman of the Pakistan Telecommunication Authority (PTA). "They (the ministry) have been discussing with them (Twitter) for some time now, requesting them to remove some particular content," he said. ...

Google says it has China's approval for Motorola deal

Women walk past the logo of Google in front of its former headquarters in Beijing(Reuters) - Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones. Google, which will be the newest entrant to the handset market, announced plans for the acquisition last year in a bid to secure Motorola's valuable patents and pave the way for a pairing of Google's Android mobile software and Motorola's handset business. U.S. ...


Google says it won China's approval for Motorola deal

Women walk past the logo of Google in front of its former headquarters in Beijing(Reuters) - Google said on Saturday that Chinese authorities have approved its $12.5 billion purchase of Motorola Mobility Holdings, the last regulatory hurdle to a deal that would allow the world's No. 1 Internet search engine to develop its own line of smart phones. Google, which will be the newest entrant to the handset market, announced plans for the acquisition last year in a bid to secure Motorola's valuable patents and pave the way for a pairing of Google's Android mobile software and Motorola's handset business. U.S. ...


Ultra-Orthodox plan huge NYC meeting on Net risks

In this April 3, 2012 photo provided by VosIzNeias.com, a group of Ultra Orthodox Jews who believe that the Internet threatens their way of life, check out the facilities at New York's Citi Field, which they ultimately rented for an unprecedented gathering. The upcoming May 20 rally at the Mets' Stadium will address how to use modern technology in a religiously appropriate way. More than 40,000 ultra-Orthodox Jewish men plan to pack Citi Field for the Sunday evening gathering on the dangers of the Internet, and organizers have also rented the nearby Arthur Ashe Stadium for the overflow crowd. (AP Photo/VosIzNeias.com) MANDATORY CREDITUltra-Orthodox Jews who believe that the Internet threatens their way of life have rented the New York Mets' stadium for an unprecedented gathering on how to use modern technology in a religiously appropriate way.


Facebook investors left guessing after Nasdaq glitch

(Reuters) - Individual investors were left in the dark for hours on Friday about whether their buy and sell orders for newly issued Facebook shares had actually been executed, in the latest of a series high-profile exchange glitches in recent years. Massive demand for the social networking giant's initial public offering, which set a trading volume record for U.S. market debuts, led to a 45-minute delay in the start of trading in the stock. But it was what happened after trading started that had some on Wall Street fuming. ...

SEC to look at Facebook trade glitches

WASHINGTON (Reuters) - The Securities and Exchange Commission will review the Nasdaq trading glitches surrounding the initial public offering of Facebook Inc on Friday, an agency spokesman said. "As is our practice, staff will review the incident with Nasdaq to determine its cause and steps that will be taken to address it," SEC spokesman John Nester said in a statement. (Reporting By Dave Clarke; Editing by Gary Hill)

Everything You Need to Know About Facebook's IPO

Everything You Need to Know About Facebook's IPONow that Facebook's finished its first day on the market, it's time to figure out what it all means. It ended the day at a price of $38.23 per share, almost exactly where it started the morning at $38 per share, does that mean today basically didn't happen? No. As you can see over at our live blog, it was an eventful day, which saw the stock peak at $45 per share, amid tech glitches and a resounding meh from the Internet. What does this mean for Facebook? America? The Internet? Me? You? Let's find out. 


Tale of the tape: Google versus Facebook

Facebook is the hottest Internet company to hit the stock market since Google went public in 2004. The Silicon Valley companies, located seven miles apart, also happen to be locked in a bitter battle for Web surfers' allegiance and online advertisers' money. The duel is likely to intensify now that the IPO has given Facebook Inc.'s social network billions of dollars to battle Google Inc.'s dominant search engine.

Historic Facebook debut falls short of expectations

Handout photo of Facebook Chief Executive Mark Zuckerberg ringing Nasdaq's opening bell in Menlo ParkSAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Facebook shares, which opened up 11 percent, closed at $38.23 after a nail-biting last half hour of trading when the shares dipped to their $38 IPO price. Most investors had predicted a first-day pop. More than 576 million shares changed hands, setting a trading volume record for U.S. market debuts. ...


Beyond Facebook: A look at social network history

Facebook may have made social networking a worldwide cultural phenomenon, but it wasn't the first Internet company to connect people online. And it won't be the last. Here's a look at how social networking has evolved. Some companies have come and gone. Some are mere shells of their former selves. And others show promise, even as Facebook dominates the social Web.

Facebook IPO averts "odd lot" question

People gather outside NASDAQ Marketsite waiting to see Facebook's share prices posted inside on video monitors in New YorkNEW YORK (Reuters) - Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of Facebook traded as high as $45, near the price of $50 that would keep many retail investors from placing a typical "round lot" order of 100 shares, because the total cost will be $5,000 - considered a threshold for many investors. By the end of regular trading on Friday, however, the stock closed at $38.23, just 23 cents, or 0.6 percent, above its initial public offering price. ...


Scramble for Facebook stock ends in "Face-flop"

NEW YORK (Reuters) - On Monday, 74-year-old Betty Tanguilig told her financial adviser to liquidate a $400,000 account and put all the proceeds into Facebook Inc IPO shares. Her adviser, Alan Haft, agreed to sell only $46,000 of the $400,000 account, one of several the retiree has. But at about 6:00 a.m. EDT Friday, Haft heard from his brokerage firm, E*Trade Financial Corp, that Tanguilig did not get any IPO shares. Tanguilig, a retired mother of eight, was furious. She has been on Facebook for many years and regularly logs in. "I had to have it," she said. ...

Nasdaq to resolve early Facebook orders through matching process

(Reuters) - Nasdaq OMX said it intends to reach a resolution for Facebook Inc orders entered from 11 a.m. to 11:30 p.m. ET through an "offline matching process." Firms that had questions regarding executions would have to submit requests to Nasdaq by 5 p.m. (Reporting By David Gaffen)

Facebook investors left guessing after Nasdaq glitch

(Reuters) - Individual investors were left guessing for more than two hours on Friday about whether their buy and sell orders for newly issued Facebook shares had been actually executed. The Nasdaq Stock Market, where Facebook is listed, had problems sending electronic messages back to the brokerages that handle orders from individual, or "retail," investors, according to people with direct knowledge of the situation. Because the electronic acknowledgements didn't come back from the exchange, the brokers were unable to tell their clients that trades had been executed. ...

Shorting Facebook on first day: Only for the brave

NEW YORK (Reuters) - Shorting the Facebook IPO on its first day of trading is not for the faint of heart, but some traders are trying. As the hottest initial public offering in recent memory, Facebook has drawn 1990s-style tech-mania interest from mom and pop investors and big institutions alike. That intense appeal means short-sellers are both attracted by the stock's high valuation and wary, at least for now. "I have no interest in shorting a cultural phenomenon," hedge fund manager Jeffrey Matthews of Ram Partners in Greenwich, Connecticut, told Reuters in an email interview. ...

Yahoo shares climb on report Alibaba deal near

The Yahoo! offices are pictured in Santa Monica(Reuters) - Yahoo Inc shares rose as much as 6.7 percent on Friday after a report that it was close to selling part of its valuable stake in the Alibaba Group. Shares of Yahoo climbed as high as $15.87 before easing to $15.64, up 5.2 percent. Yahoo and Alibaba Group, the Chinese Internet group that runs e-commerce site Alibaba.com, are close to an agreement that could happen as soon as Monday, according to a report in All Things D, citing unnamed sources.. Yahoo would sell one-half of its 40 percent stake back to Alibaba. ...


The Best Previews to Facebook IPO Day

The Best Previews to Facebook IPO DayBefore we watch Facebook be its public self at 11:00 a.m this morning, when its starts trading on the stock market, it's time to get caught up on what this all means. Last night the company priced its stock at $38 per share for a valuation of $104 billion -- the biggest pre-IPO valuation ever, of all time. But what do all those numbers mean for the rest of America? For the Internet? For the economy? For companies? For Facebook? For Facebook employees? For you? So many questions. Luckily, the Internet has been typing about this for days. ...


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