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Big powers draft resolution to press Iran at IAEA

VIENNA, Nov. 24, 2009 (Reuters) — Six world powers have drafted a resolution at the UN nuclear watchdog urging Iran to clarify the purpose of its previously secret uranium enrichment site and confirm it has no more hidden atomic work, diplomats said. ...  > full story

Fed asks U.S. banks to submit TARP repayment plans

WASHINGTON, Nov. 24, 2009 (Reuters) — The U.S. Federal Reserve this month asked banks that were part of its "stress tests" to submit plans to repay government money, if they have not already repaid it, a person familiar with the situation said on Tuesday. ...  > full story

U.S. third-quarter economic growth revised down

WASHINGTON, Nov. 24, 2009 (Reuters) — The U.S. economy grew more slowly than first thought in the third quarter, but a fifth month of gains in house prices in September and an improvement in consumer morale signaled the anemic recovery was intact. ...  > full story

Rajaratnam denies insider charges, blasts wiretaps

NEW YORK, Nov. 24, 2009 (Reuters) — Galleon Group hedge fund founder Raj Rajaratnam attacked a U.S. regulator's lawsuit on Tuesday, denying insider trading charges and saying government wiretaps violated his constitutional rights. ...  > full story

WHO probing drug resistant swine flu

GENEVA, Nov. 24, 2009 (Reuters) — The World Health Organization is looking into reports in Britain and the United States that the H1N1 flu may have developed resistance to Tamiflu in people with severely suppressed immune systems, a spokesman said Tuesday. ...  > full story

Iraq national vote unlikely in January

BAGHDAD, Nov. 24, 2009 (Reuters) — Iraq will be unable to hold a national election in January as planned, a poll official said on Tuesday, heaping more uncertainty on a vote meant to cement democracy and pave the way for a partial U.S. troop withdrawal. ...  > full story

Netanyahu says Hamas prisoner deal may not happen

JERUSALEM, Nov. 24, 2009 (Reuters) — An Israeli prisoner exchange with Hamas has not yet been agreed and may not happen, Prime Minister Benjamin Netanyahu said on Tuesday, after a senior cabinet colleague predicted a breakthrough within weeks. ...  > full story

Iran says needs guarantees to send uranium abroad

TEHRAN, Nov. 24, 2009 (Reuters) — Iran could consider sending its low-enriched uranium abroad, the Foreign Ministry said on Tuesday, apparently softening its opposition to a U.N. plan aimed at keeping a check on its nuclear ambitions. ...  > full story

Obama seeks to reassure Singh on U.S.-India ties

WASHINGTON, Nov. 24, 2009 (Reuters) — President Barack Obama sought to reassure Indian Prime Minister Manmohan Singh on Tuesday of his commitment to boosting U.S. ties with India even as his administration has set its rivals, China and Pakistan, as key priorities. ...  > full story

Fed asks U.S. banks to submit TARP repayment plans: report

Nov. 24, 2009 (Reuters) — The U.S. Federal Reserve this month asked nine banks that were part of "stress tests" conducted earlier this year to submit plans to repay money injected under the Troubled Asset Relief Program (TARP), Bloomberg said, citing a person familiar with the situation. ...  > full story

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World News

World Bank to start agriculture fund with $1.5 billion

WASHINGTON, Nov. 24, 2009 (Reuters) — The World Bank will start a trust fund to boost agriculture in poor countries with an initial $1.5 billion, its president Robert Zoellick said on Tuesday, warning of the risk of another food price crisis. ...  > full story

Escort's book describes night with Berlusconi

ROME, Nov. 24, 2009 (Reuters) — The escort at the heart of a sex scandal involving Italian Prime Minister Silvio Berlusconi gave graphic details of their alleged lovemaking in a book published on Tuesday and said she had been attacked and threatened since. ...  > full story

Libya says Gaddafi will mediate in soccer dispute

TRIPOLI, Nov. 24, 2009 (Reuters) — Libyan leader Muammar Gaddafi has accepted an Arab League request to calm tension between Egypt and Algeria sparked by their soccer World Cup play-off matches, Libyan state media reported Tuesday. ...  > full story

Magnitude 6.8 quake recorded near Tonga

SINGAPORE, Nov. 24, 2009 (Reuters) — A powerful earthquake of magnitude 6.8 struck northeast of the South Pacific island nation of Tonga on Tuesday, the United States Geological Survey said, but a destructive tsunami was not expected. ...  > full story

Politics

Salazar blasts critics of U.S. energy policy

WASHINGTON, Nov. 24, 2009 (Reuters) — Interior Secretary Ken Salazar on Tuesday fired back at critics who claim he's not supportive enough of domestic energy production, saying their accusations have the same "poison and substance of election-year politics." ...  > full story

N.Y. governor seeks one-time authority to balance budget

NEW YORK, Nov. 24, 2009 (Reuters) — New York Governor David Paterson on Tuesday submitted emergency legislation that would grant him the one-time authority to balance the state budget without approval from the legislature. ...  > full story

Obama seeks to reassure Singh on U.S.-India ties

WASHINGTON, Nov. 24, 2009 (Reuters) — President Barack Obama sought to reassure Indian Prime Minister Manmohan Singh on Tuesday of his commitment to boosting U.S. ties with India even as his administration has set its rivals, China and Pakistan, as key priorities. ...  > full story

U.S. pledges new arms sales to Taiwan

TAIPEI, Nov. 24, 2009 (Reuters) — The United States plans to resume arms sales to Taiwan and warned of a build-up of missiles aimed at the island by China, a top U.S. diplomat said Tuesday. ...  > full story

Business

Microsoft names new financial chief

NEW YORK, Nov. 24, 2009 (Reuters) — Microsoft Corp said on Tuesday its Chief Financial Officer Chris Liddell will leave the company at the end of the year, as he looks to "expand his career beyond being a CFO". ...  > full story

J Crew profit beats, shares rise

SAN FRANCISCO, Nov. 24, 2009 (Reuters) — J Crew Group Inc reported a quarterly net profit far above Wall Street estimates due to strong autumn sales and expanded profit margins from depressed year-ago levels. ...  > full story

Privately held Facebook sets up dual-class stock

SAN FRANCISCO, Nov. 24, 2009 (Reuters) — Facebook has established a dual-class stock structure to ensure voting control by existing owners, but has no plans to become a public company, it said on Tuesday. ...  > full story

U.S. court bars promotion of stock sale tax scheme

WASHINGTON, Nov. 24, 2009 (Reuters) — A federal judge has barred the promotion of a scheme designed to help clients evade taxes on more than $1.25 billion in asset sales, the U.S. government said on Tuesday. ...  > full story

Science

Dark ocean depths home to exotic, unknown life

OSLO, Nov. 24, 2009 (Reuters) — The permanent darkness of the ocean depths is home to a far greater range of animals, from luminous jellyfish to tubeworms that live off oil seeping from the seabed, than previously thought, scientists said on Sunday. ...  > full story

Darwin debate rages on 150 years after "Origin"

PARIS/LONDON, Nov. 24, 2009 (Reuters) — Even 150 years after it first appeared in print, Charles Darwin's "On The Origin of Species" still fuels clashes between scientists convinced of its truth and critics who reject its view of life without a creator. ...  > full story

Soviet Union's non-Communist astronaut dies age 83

MOSCOW, Nov. 22, 2009 (Reuters) — The Soviet Union's only non-Communist astronaut, Konstantin Feoktistov, has died at the age of 83, Russia's space agency said on Sunday. ...  > full story

Art collector finds Galileo's lost tooth, fingers

ROME, Nov. 20, 2009 (Reuters) — An art collector has found a tooth, thumb and finger of the renowned Italian scientist Galileo Galilei who died in the 17th century, Florence's History of Science museum said on Friday. ...  > full story

Entertainment

UK poll shows ABBA band people most want to reform

LONDON, Nov. 24, 2009 (Reuters) — The British public would like to see Swedish band ABBA reform more than any other act, according to a survey. ...  > full story

Lohan to stay on at Ungaro fashion house, despite criticism

MILAN, Nov. 24, 2009 (Reuters) — Hollywood wild child Lindsay Lohan is staying on as artistic adviser at fashion house Emanuel Ungaro despite her debut collection being panned by critics, president and chief executive Mounir Moufarrige said on Tuesday. ...  > full story

Rock-star wife details drug mayhem in new book

LOS ANGELES, Nov. 24, 2009 (Reuters) — It could have been a great rock 'n' roll love story. ...  > full story

Regis Philbin taking leave of absence for surgery

LOS ANGELES, Nov. 24, 2009 (Hollywood Reporter) — Regis Philbin will be taking a leave of absence from his long-running ABC daytime talk show to undergo a hip replacement surgery. ...  > full story

Sports

Roddick targets London 2012 Olympics

LONDON, Nov. 24, 2009 (Reuters) — When injured American Andy Roddick was caught on camera watching the action at the ATP World Tour Finals, the applause that rang around the cavernous O2 Arena spoke volumes for his popularity in London. ...  > full story

Young leads improving Titans to win over Texans

HOUSTON, Nov. 24, 2009 (Reuters) — Vince Young guided Tennessee to a 20-17 victory over the Houston Texans on Monday, as the Titans improved to 4-0 since he took over as starting quarterback. ...  > full story

Duncan guides San Antonio Spurs to win over Milwaukee

SAN ANTONIO, Texas, Nov. 24, 2009 (Reuters) — Tim Duncan scored 24 points and had 12 rebounds as the San Antonio Spurs beat Milwaukee 112-98 on Monday to end the Bucks' three game winning streak. ...  > full story

Bailey lifts Islanders to overtime win over falling Leafs

TORONTO, Nov. 23, 2009 (Reuters) — Josh Bailey scored with 43 seconds remaining in overtime as the New York Islanders resisted a spirited Toronto Maple Leafs rally to claim a 4-3 victory on Monday. ...  > full story
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