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Yahoo News - Top Stories

Traders work on the floor of the NYSEHopes of a rate hike boosted financial companies, while a rise in oil prices pushed energy stocks higher. Data showed U.S. consumer spending surged 1.0 percent in April, its biggest increase in more than six years and beating economists' expectation of a 0.7 percent rise. The core PCE is the Fed's preferred inflation measure and is running below the U.S. central bank's 2 percent target.


5/31/2016 8:39:53 AM

By Douglas Busvine and Rupam Jain NEW DELHI (Reuters) - Toshiba Corp's Westinghouse Electric will relocate a planned project to build six nuclear reactors in India, said officials, bringing the first deal stemming from a U.S.-India civil nuclear accord struck over a decade ago closer to reality. The six AP-1000 reactors would be built in the southern state of Andhra Pradesh, after the original site proposed for the multi-billion-dollar project, in Prime Minister Narendra Modi's home state of Gujarat, faced local opposition. The breakthrough comes ahead of a June 7-8 visit by Modi to Washington, where he will be hosted by President Barack Obama for a final summit before the U.S. presidential election in November, and will address both houses of Congress.

5/31/2016 8:33:10 AM

A man watches a TV news program reporting about a missile launch of North Korea, at the Seoul Train Station in Seoul, South Korea, Tuesday, May 31, 2016. A North Korean missile launch likely failed on Tuesday, according to South Korea's military, the latest in a string of high-profile failures that tempers somewhat recent worries that Pyongyang was pushing quickly toward its goal of a nuclear-tipped missile that can reach America's mainland. The letters read on top left, "Fail, North Korea's Musudan missile." (AP Photo/Lee Jin-man)SEOUL, South Korea (AP) — A North Korean missile launch likely failed on Tuesday, the U.S. and South Korean militaries said, the fourth in a series of high-profile failures that somewhat temper recent worries that the North is pushing quickly toward its goal of a nuclear-tipped missile that can reach America's mainland.


5/31/2016 8:32:10 AM

Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York(Reuters) - Billionaire investor Carl Icahn said on Tuesday he had acquired a "large position" in Botox-maker Allergan Plc and that he was very supportive of Chief Executive Officer Brent Saunders. Shares of Allergan rose 1.3 percent to $238.79 in early trading. Icahn, who did not disclose details of the stake, said in a statement on his website that he was confident in Saunders' ability to enhance value for all Allergan shareholders.


5/31/2016 8:31:54 AM

PARIS (AP) — France's top administrative court has ordered that a dead man's frozen sperm be transferred to Spain so that his widow can be inseminated.

5/31/2016 8:31:53 AM

By Nate Raymond NEW YORK (Reuters) - A former director of Barclays Plc was arrested on Tuesday on U.S. charges that he provided inside information about impending mergers that he learned about at the bank to a plumber, who use the tips to illegally make $76,000. Steven McClatchey, 58, was charged in a criminal complaint filed in Manhattan federal court with conspiracy, wire fraud and securities fraud after the unnamed plumber secretly pleaded guilty last week and agreed to cooperate with authorities. A lawyer for McClatchey could not be immediately identified.

5/31/2016 8:30:57 AM

WASHINGTON (AP) — Senate Majority Leader Mitch McConnell said Monday that while presumptive Republican presidential nominee Donald Trump is "a phenomenon" and political outsider, he has earned the right to the GOP nomination and the party's support.

5/31/2016 8:29:06 AM

The UN bans North Korea from any use of ballistic missile technology, although it regularly fires short-range missiles into the sea off its east coastNorth Korea apparently failed with an attempted missile launch Tuesday, the latest in a series of setbacks for a ballistic weapons programme that aspires to threaten the US mainland. South Korea's defence ministry detected the dawn launch effort, which Japan condemned as an unacceptable and "provocative" act. The ministry declined to speculate on the missile type, but military sources cited by local media said it was a powerful, medium-range "Musudan" that has already undergone three failed launches this year.


5/31/2016 8:27:48 AM

Bulgaria’s Tsvetana Pironkova serves the ball to Poland's Agnieszka Radwanska during their fourth round match of the French Open tennis tournament at the Roland Garros stadium, Tuesday, May 31, 2016 in Paris. (AP Photo/Christophe Ena)PARIS (AP) — The Latest from the French Open (all times local):


5/31/2016 8:26:26 AM

A migrant is helped by rescue workers upon arriving at Arguineguin port in the Canary Island Gran CanariaBy Stephanie Nebehay GENEVA (Reuters) - At least 880 migrants and refugees died trying to cross the Mediterranean last week, the U.N. refugee agency said on Tuesday, amid speculation that people smugglers may be trying to maximize their income before Ramadan begins. This year is proving to be particularly deadly, with 2,510 lives lost in shipwrecks and capsizes, compared with 1,855 in the same period in 2015, UNHCR spokesman William Spindler said. Citing reports from survivors interviewed in Italy, it said smugglers may be trying to maximize income their before the start of the holy month of Ramadan, when Muslims fast from dawn to dusk.


5/31/2016 8:23:07 AM

Long & Foster Real Estate, Inc  Direct: 610-618-0808 | PA Office: 610-225-7400 | DE Office: 302-834-3431
92 Lancaster Ave, Devon, PA 19333 - & - 1271 Quintilio Drive, Wilmington, DE 19701
- All info copyrighted 2014 -

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