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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. Q3 economic growth revised down, house prices up

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 gives detailed denial of insider charges

NEW YORK, Nov. 24, 2009 (Reuters) — Galleon Group hedge fund founder Raj Rajaratnam, accused in one of the biggest insider trading cases ever, on Tuesday gave a detailed denial of the charges and said 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 ship nuclear fuel

TEHRAN, Nov. 24, 2009 (Reuters) — Iran could consider sending its low-enriched uranium abroad, the Foreign Ministry said on Tuesday, signaling a possible softening of its opposition to a plan aimed at easing Western concern over 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 top 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

Cribs recalled in U.S., Canada over safety concerns

WASHINGTON, Nov. 23, 2009 (Reuters) — Stork Craft Manufacturing Inc is voluntarily recalling more than 2.1 million baby cribs in the United States and Canada due to a potential suffocation hazard, U.S. safety officials said on Monday. ...  > full story

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World News

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

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

Russian officials beheaded in N. Caucasus: Ifax

MOSCOW, Nov. 24, 2009 (Reuters) — A police investigator and a court bailiff were found beheaded in a car trunk in Russia's mainly Muslim region of Kabardino-Balkaria, Interfax said on Tuesday, underscoring spreading violence on Russia's southern flank. ...  > full story

Politics

Obama honors Mugabe foes for defying a "dictator"

WASHINGTON, Nov. 24, 2009 (Reuters) — U.S. President Barack Obama honored a group of women Monday who have confronted Zimbabwean President Robert Mugabe and said they had defied a dictator. ...  > 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 top 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

Obama administration urged to join Mine Ban Treaty

WASHINGTON, Nov. 23, 2009 (Reuters) — U.S. acceptance of a treaty banning landmines is "long, long overdue" and President Barack Obama should use a 10-year review this weekend to announce plans to join the accord, anti-landmines campaigners said on Monday. ...  > full story

Business

EU drops antitrust case against Qualcomm

BRUSSELS/NEW YORK, Nov. 24, 2009 (Reuters) — The European Commission closed antitrust proceedings against Qualcomm as big technology companies dropped their four-year old complaints against the U.S. mobile chip supplier. ...  > full story

Saab sale for GM collapses; buyer backs out

DETROIT, Nov. 24, 2009 (Reuters) — A deal by General Motors Co to sell its Saab brand collapsed on Tuesday when the buyer pulled out in a move that threatens the Swedish luxury brand with closure. ...  > full story

Luxury goods will return to growth in 2010

MILAN, Nov. 24, 2009 (Reuters) — Luxury goods sales will return to growth next year with profitability increasing more than revenues thanks to strong cost containment policies in 2009, according to a Bank of America Merrill Lynch report. ...  > full story

U.S. consumer confidence edges higher in November

NEW YORK, Nov. 24, 2009 (Reuters) — U.S. consumer confidence edged higher in November after an unexpected drop in October, with less consumers expressing doubt about the a worsening jobs market, according to a report released on Tuesday. ...  > full story

Science

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

Dark ocean depths home to exotic, unknown life

OSLO, Nov. 22, 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

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

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

Beckham suffers from asthma, says player's spokesman

LONDON, Nov. 23, 2009 (Reuters) — David Beckham has suffered from a mild form of asthma since childhood, the England midfielder's spokesman was quoted as saying in British newspapers on Tuesday. ...  > full story
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