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Reuters: Top News 

Whole neighborhoods razed by Oklahoma tornado that killed 24

MOORE, Oklahoma (Reuters) - Rescuers went building to building in search of victims and thousands of survivors were homeless on Tuesday, a day after a massive tornado tore through a suburb of Oklahoma City, wiping out whole blocks of homes and killing at least 24 people.

Apple CEO makes no apology for company's tax strategy

WASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more.

Jodi Arias urges Arizona jury to spare her death penalty

PHOENIX (Reuters) - Convicted killer Jodi Arias urged jurors on Tuesday to spare her the death penalty and sentence her to life in prison for brutally killing her ex-boyfriend in Arizona five years ago, saying she could lead a productive life behind bars.

Fed officials dampen speculation of imminent bond tapering

FRANKFURT/NEW YORK (Reuters) - Two senior Federal Reserve officials on Tuesday played down chances that the U.S. central bank would signal a readiness to taper bond buying at its meeting next month, dampening speculation the Fed might soon dial back its ultra-easy policy.

Rafsanjani, Ahmadinejad ally barred from Iran election

DUBAI (Reuters) - Iranian authorities on Tuesday barred former President Akbar Hashemi Rafsanjani, a relative moderate, from running in the June 14 election, along with a protégé of the current president, leaving mainly hardliners left to contest the vote.

Intel CEO shakes up units, creates 'new devices' group

SAN FRANCISCO (Reuters) - Intel Corp's new chief executive, Brian Krzanich, has launched a sweeping company reorganization and created a unit aimed at growing its market share in mobile technology.

Dimon keeps JPMorgan chairman title after bruising battle

TAMPA, Florida (Reuters) - Jamie Dimon, JPMorgan Chase & Co's outspoken chairman and chief executive, won a vote of confidence on Tuesday as shareholders recommended that he keep his chairman title, giving him a greater margin of approval than last year.

Syrian foes move towards talks but fighting rages

BEIRUT (Reuters) - Syria's opposition and the government of President Bashar al-Assad seem to be preparing to take part in an international peace conference against a background of some of the worst fighting this year.

World Bank boosts funds for Syria refugees, Africa

GENEVA (Reuters) - The World Bank plans substantial new funds to help Jordan cope with the influx of refugees from the civil war in Syria, and hopes new funds for central Africa will cement a peace deal there, the bank's President Jim Yong Kim said on Tuesday.

IRS officials deny misleading Congress on targeting

WASHINGTON (Reuters) - Top Internal Revenue Service officials told Congress on Tuesday they were unaware of the agency's targeting of conservative groups for extra tax scrutiny until recently and did not deliberately mislead lawmakers last year when they did not reveal the practice.

Court rules bin Laden death photos can stay secret

WASHINGTON (Reuters) - A federal appeals court ruled on Tuesday that the U.S. government had properly classified top secret more than 50 images of al Qaeda leader Osama bin Laden taken after his death, and that the government did not need to release them.

Syria, Israel exchange fire on Golan Heights

BEIRUT (Reuters) - Syria said its troops destroyed an Israeli vehicle that crossed into its territory from the Israeli-occupied Golan Heights on Tuesday and warned that any attempt to violate its sovereignty would meet "immediate and firm retaliation".

Best Buy sees investments squeezing near-term profits

(Reuters) - Best Buy Co Inc reported lackluster sales in the first quarter and warned that efforts to entice shoppers could squeeze profits in the near term.

Israel fires back at Syria after gunshots at its troops

JERUSALEM (Reuters) - Israeli troops shot at a target across the Syrian frontier on Tuesday in response to gunfire that struck its forces in the Golan Heights, the Israeli military said.

Former IRS chief tells lawmakers "dismayed" by targeting

WASHINGTON (Reuters) - The former head of the Internal Revenue Service told U.S. lawmakers on Tuesday he was "dismayed" to learn that the tax agency had subjected conservative groups to extra scrutiny under his watch.

UK's Cameron committed to ruling in coalition until 2015: spokesman

LONDON (Reuters) - British Prime Minister David Cameron is committed to governing as part of a two-party coalition until the next national election in 2015, his spokesman said on Tuesday, days after Cameron raised the prospect of the alliance breaking apart.

Peace debate exposes deep rifts in Israeli government

JERUSALEM (Reuters) - Israel's coalition government presented a divided front on Palestinian statehood on Tuesday as U.S. Secretary of State John Kerry prepared a new mission to revive long-defunct peace talks.

Ireland rejects blame for Apple's low tax rate

CORK/DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments and had no special rate deal with the company after the U.S. Senate said it paid little or no tax on tens of billions of dollars in profits stashed in Irish subsidiaries.

Russia says kills senior Islamist insurgent

MOSCOW (Reuters) - The right-hand man of Russia's most wanted insurgent was killed by security forces on Tuesday, officials said, as Moscow tries to contain militancy in its Caucasus region before it hosts the Winter Olympics near there next February.

Kerry visits Oman for arms deal, talks on Syria, Mideast

MUSCAT (Reuters) - Secretary of State John Kerry flew to Oman on Tuesday for Raytheon Co's signing of an estimated $2.1 billion arms deal and to consult on Syria and Iran, U.S. officials said.

EU mission seeks to rebuild Mali army after U.S. faltered

KOULIKORO, Mali (Reuters) - Under a blazing sun and the critical gaze of British and Irish instructors, a line of 11 Malian soldiers lie prone in the dust firing AK-47 rounds at targets, one-by-one.

Analysis: Some Republicans see new scandal in Sebelius fundraising

WASHINGTON (Reuters) - With the White House already reeling from three major controversies, some Republican lawmakers are zeroing in on what they perceive is another possible scandal tied to President Barack Obama's landmark health reform law just as it nears implementation.

Yahoo buying Tumblr for $1.1 billion, vows not to screw it up

SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand.

JPMorgan investors on edge over vote on Dimon; what if they win?

TAMPA, Florida (Reuters) - As final ballots come in on a proposal to strip JPMorgan Chase & Co Chairman and Chief Executive Jamie Dimon of his chairman title, some worry about what will happen if shareholders win what will likely be a close vote.

Japan April exports seen up but trade deficit to persist

TOKYO (Reuters) - Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound shipments of cars and Asian demand for electronics parts in a sign a weak yen and global recovery are helping the export-reliant economy.

Pentagon to take over some CIA drone operations : sources

WASHINGTON (Reuters) - President Barack Obama's administration has decided to give the Pentagon control of some drone operations against terrorism suspects overseas that are currently run by the CIA, several U.S. government sources said on Monday.

Brazil probes rumor that set off panic run on state bank

BRASILIA (Reuters) - Brazilian President Dilma Rousseff said on Monday she ordered the Federal Police to investigate the source of a rumor that sent thousands of poor Brazilians running to state bank branches seeking payment of a monthly family stipend.

Court orders prison to hand over files in Boston bomb case

BOSTON (Reuters) - A federal judge approved a request by accused Boston Marathon bomber Dzhokhar Tsarnaev's lawyers that his jailers hand over their files on him, including suicide watch logs and psychological data, according to court documents released on Monday.

Court orders prison to hand over files in Boston bomb case

BOSTON (Reuters) - A federal judge approved a request by accused Boston Marathon bomber Dzhokhar Tsarnaev's lawyers that his jailers hand over their files on him, including suicide watch logs and psychological data, according to court documents released on Monday.

Yahoo buying Tumblr for $1.1 billion, vows not to screw it up

SAN FRANCISCO/NEW YORK (Reuters) - Yahoo Inc will buy blogging service Tumblr for $1.1 billion cash, giving the Internet pioneer a much-needed social media platform to reach a younger generation of users and breathe new life into its ailing brand.


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