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World - Armed men put Putin on the air in eastern Ukraine

By Thomas Grove ANDRIYIVKA, Ukraine (Reuters) - Armed men took over a television tower in eastern Ukraine on Thursday and switched it to Russian channels playing an almost non-stop stream of sound-bites from a marathon TV phone-in by Russian President Vladimir Putin. TV engineers accompanying the men then took Ukrainian channels off the air and replaced them with five Russian channels. The channels included Russia 1, Russia 24 and ORT - some of the most popular state-controlled channels - which were broadcasting clips of Putin`s TV phone-in.

Thursday, April 17, 2014  19:22


Business - Wall Street edges higher during earnings flurry

By Rodrigo Campos NEW YORK (Reuters) - Stocks advanced slightly in choppy trading on Thursday after three days of gains, as underwhelming results from tech bellwethers Google and IBM were offset by upbeat quarterly numbers, including those from Morgan Stanley and General Electric. The latest data showed the U.S. economy`s health was improving. The combined reported and expected earnings-per-share growth estimate for S&P 500 components rose to 1.7 percent from Wednesday`s 0.6 percent, Thomson Reuters data showed, indicating most companies that reported results in the past 24 hours exceeded expectations. The technology sector capped the S&P 500`s gain, with Google shares down 3.2 percent at $545.81 and IBM off 3.2 percent at $190.28 after both reported earnings late Wednesday that failed to impress Wall Street.

Thursday, April 17, 2014  18:59


Business - Hot cars at this year`s New York auto show

NEW YORK (AP) With more than 1 million visitors annually, the New York International Auto Show is one of the most important shows for the U.S. auto industry. Here are some of the vehicles debuting this year. The show opens to the public Friday.

Thursday, April 17, 2014  19:34


World - Turkish parliament approves law expanding snooping powers

Turkey`s parliament on Thursday approved a controversial law expanding the powers of the spy agency and setting prison terms for publishing leaked information as the government fights back against a widening corruption scandal. The legislation, passed after a heated debate in parliament, was first introduced by lawmakers from Prime Minister Recep Tayyip Erdogan`s AKP party in the run-up to last month`s local elections. It also sets prison terms for journalists and others who publish leaked information, according to local media reports. Last week, Turkey`s constitutional court annulled sections of another controversial law intended to tighten the government`s control over the judiciary.

Thursday, April 17, 2014  19:10


World - Pope washes feet of elderly, disabled in rite

ROME (AP) Pope Francis has washed the feet of 12 elderly and disabled people women and non-Catholics among them in a pre-Easter ritual designed to show his willingness to serve like a `slave.`

Thursday, April 17, 2014  17:25


Top Stories - Spy vs. spy: Snowden presses Putin on surveillance

NSA leaker Edward Snowden asks Russia`s leader about surveillance on live TV.

Thursday, April 17, 2014  17:13


World - Ukraine disbands army unit after fiasco push into east

Ukraine on Thursday disbanded an army unit that lost six armoured vehicles to pro-Russian militants, as Kiev`s military reeled from a disastrous attempt to oust separatists in its eastern regions. `The 25th parachute brigade, members of which showed cowardice and gave up their weapons, will be demobilised and the guilty servicemen brought before court,` acting President Oleksandr Turchynov told parliament. Ukraine`s enfeebled army suffered a major embarrassment Wednesday as a much-hyped `anti-terrorist` operation to force pro-Moscow protesters out of a string of eastern towns descended into humiliating farce when separatists seized six armoured personnel carriers and forced another mechanised column of troops to disarm. Ukraine`s defence ministry said in a statement Thursday that the column of armoured vehicles and soldiers blockaded a day earlier by pro-Russian activists in the town of Kramatorsk was returning to base after the tense stand-off.

Thursday, April 17, 2014  16:02


Business - GE industrial profit boost underscores strategy, shares up

General Electric Co posted a 12 percent rise in overall industrial profits on Thursday, as strength in its businesses selling gas turbines, jet engines and oil industry equipment offset weakness in healthcare and transportation. GE, which is increasingly focusing on its traditional manufacturing businesses over its finance unit, posted an 8 percent increase in industrial revenue, even as overall company revenue fell slightly short of Wall Street`s target. `The big story is the organic revenue growth,` said Tim Ghriskey, chief investment officer of Solaris Asset Management, which owns GE shares. `It really shows the return to an industrial emphasis is paying off, and where the company is focusing.` The results underscored GE Chief Executive Officer Jeff Immelt`s strategy to focus the company even more on manufacturing of large industrial products as he reduces the company`s dependence on its GE Capital finance unit.

Thursday, April 17, 2014  15:51


Business - Stock futures stay little changed after claims data

NEW YORK (Reuters) - Stock index futures remained little changed after data showed the number of Americans filing new claims for unemployment benefits rose less than expected last week and remained near its pre-recession levels. S&P 500 e-mini futures rose 3.75 points and were slightly above fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures gained 22 points and Nasdaq 100 futures added 14 points. (Reporting by Chuck Mikolajczak; Editing by Bernadette Baum)

Thursday, April 17, 2014  13:52


World - uFly fires flight instructor who appeared on CNN

TORONTO (AP) A Canadian flight simulator business fired an instructor who figured prominently in CNN`s coverage of missing Malaysia Airlines Flight 370, saying he showed up late to his regular job and `shamed Canadians` by dressing like a teenager.

Thursday, April 17, 2014  01:44

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