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Hollywood duo Pitt, Jolie put spotlight on sexual violence in war

Brad Pitt and Angelina Jolie appeared together on Thursday at a global summit on ending sexual violence in conflict, in a show of celebrity power that British Foreign Secretary William Hague said was helping put a spotlight on the issue of rape as a weapon of war. Dressed in black, Pitt and Jolie flanked Hague at the opening of the third day of a four-day summit in London that is the culmination of two years' joint work by the actress and Hague. Up to 1,200 government ministers, officials, activists and members of judiciaries and militaries from more than 120 countries are at the summit that aims to find practical steps to punish those responsible for sex violence and help victims. Hague said his partnership with Oscar-winning Jolie, special envoy of the UN High Commissioner for Refugees (UNHCR), had put the issue of sexual violence in conflict on the world agenda and was an example of how foreign policy could be conducted in the future. "She brings what governments can&

Harrison Ford injured on set of 'Star Wars: Episode VII'

Actor Harrison class="mandelbrot_refrag"> Ford was injured on the set of "Star Wars: Episode VII" on Thursday and taken to a hospital for treatment, a Disney representative said. _0"> class="mandelbrot_refrag"> Ford , 71, hurt his ankle while filming at Pinewood Studios, on the outskirts of London, Disney spokesman Paul Roeder said. Filming will continue on schedule while Ford recovers. The actor was taken to nearby John Radcliffe Hospital in Oxford. Thames Valley Police said on its official Twitter feed that police responded to an incident where "a 71-year-old man was airlifted to hospital with injuries not believed to be life-threatening." A second tweet said the mishap "is believed to have involved a garage door." Vanessa Davies, a unit publicist for the "Star Wars" film, said any reports that Ford suffered other injuries as well were untrue. The actor is reprising his role as Han Solo in the highly

Comic Tracy Morgan, injured in crash, is improving, publicist says

Comedian Tracy Morgan, badly injured in a weekend highway crash, is showing signs of improvement in a New Jersey hospital where he remains in critical condition, his publicist said on Thursday. The pileup on the New Jersey Turnpike early on Saturday killed comedian James "Jimmy Mack" McNair and injured Morgan and three others in their limousine van. Morgan, 45, best known for roles on "30 Rock" and "Saturday Night Live," suffered injuries including a broken leg, nose and ribs and was hospitalized at Robert Wood Johnson University Hospital in New Brunswick, New Jersey.   true       "Today was a better day. While Tracy remains in critical, but stable, condition, he continues to show signs of improvement," publicist Lewis Kay said in a statement. "His medical team remains optimistic that his recovery is progressing," Kay said. Morgan's fiance, Megan Wollover, is with him, Kay said. A Georgia truck driver pleaded not guilty on W

Election system needs an overhaul, but it's not that easy

Voters in Florida were still waiting to cast their ballots more than six hours after polls closed on Election Day, registered voters in Ohio were told they were not on voter rolls and new voter ID laws in Pennsylvania led to confusion at voting places. Election Day problems have become commonplace in the United States in recent general elections. But a comment by President class="mandelbrot_refrag"> Barack Obama offered a glimmer of hope that problems that have dogged voting for years might finally be addressed. In his election victory speech, made while some people still waited in line to cast ballots in Florida six hours after polls closed, Obama took a moment to point out that he was aware of problems with the electoral system.   true       "I want to thank every American who participated in this election, whether you voted for the very first time, or waited in line for a very long time," Obama said in Chicago. "By the way, we have to fix that.&quo

As tallying goes on, top Florida Democrat cheers Obama's win

The chairman of Florida's Democratic Party congratulated President class="mandelbrot_refrag"> Barack Obama on Thursday on winning the battleground state on Tuesday, while blasting the state's Republican governor for his handling of the election. _0"> "On behalf of Florida Democrats, I wish President class="mandelbrot_refrag"> Barack Obama congratulations on his re-election and on winning Florida's 29 electoral votes," said Rod Smith in a statement posted on the party's website. Vote counting in Florida continued on Thursday, with Obama holding a narrow 58,000 vote lead that Republican challenger class="mandelbrot_refrag"> Mitt Romney appeared unlikely to overturn.   true       If Obama's victory is confirmed, the Florida result would give the president 332 electoral college votes and 206 for Romney. The Republican Party in Florida has yet to officially concede the race, though one party strategist

Election blurring of church, state separation draws complaints

Political watchdog and secularist groups are asking the U.S. government to investigate whether Catholic bishops and a Christian evangelical group headed by preacher Billy Graham should lose tax breaks for telling followers how to vote in this year's election. Under constitutional protections of free speech and separation of church and state, churches are free to speak on any issue. But they risk losing tax breaks worth $145 billion in the past decade if they violate Internal Revenue Service rules by promoting or opposing any particular candidate. Other non-profits also have special tax status. Citizens for Responsibility and Ethics in Washington, a political watchdog group, in its complaint to the U.S. Internal Revenue Service, cited reports of individual bishops "abusing their positions to advocate against the election of President class="mandelbrot_refrag"> Barack Obama ."   true       The group's executive director, Melanie Sloan, said some bisho

Bruised by Romney criticism, Bain Capital thanks investors

Bain Capital LLC, the private equity firm co-founded by defeated presidential candidate class="mandelbrot_refrag"> Mitt Romney , thanked its investors on Thursday for their support and patience over the last year as it confronted "political hyperbole and distortion." Romney's bid for the White House led to a broad political attack on the private equity industry, which was accused of raiding companies and cutting jobs at a time of high unemployment and growing income inequality. "We are emerging from this unusual period in our firm's history as strong as ever, and with renewed conviction about how we add value to the marketplace and society as a whole," Bain's managing directors wrote in a letter to investors, which was first reported on by the Boston Globe and a copy of which was obtained by Reuters.   true       Bain became the object of political and media scrutiny after Romney cited his tenure as head of the firm - between 1984 and

Florida governor orders review of election laws after voting snafus

Florida Governor Rick Scott ordered his top elections official on Wednesday to figure out what caused long lines at polling stations and delays in ballot counting in the battleground state on Election Day. A week after Florida again made headlines for an election fiasco that forced voters to wait hours to cast ballots after polls closed and caused long delays in counting votes, Scott urged lawmakers to review recent changes to state election laws that critics say contributed to the problems. "Floridians should not have to wait several days for the results of a major presidential election to be tabulated because of the delays in a few counties when the majority of counties, including major metropolitan areas, have been counted," Scott said in a statement.   true       Scott, a Republican, has faced intense criticism over the delays and long lines. Last year, Scott backed a law passed by Florida's Republican-controlled Legislature that reduced the number of early voti

British rate hike hint boosts sterling, Iraq unrest drives up oil

Escalating violence in class="mandelbrot_refrag"> Iraq drove oil higher and sent class="mandelbrot_refrag"> stocks lower on Friday, putting a global equity index on track for its first weekly loss in five weeks. Wall Street was little changed, but U.S. averages were set for their first loss in four weeks, while European shares .FTEU3 were set to interrupt eight weeks of gains. The MSCI All World Index fell 0.2 percent and is down 0.5 percent for the week. Despite the decline in riskier assets, benchmark U.S. bond prices fell, pushing yields slightly higher. Sterling surged on Friday after the Bank of England hinted at an interest rate rise this year.   true       Financial class="mandelbrot_refrag"> markets ' focus was on the violence in class="mandelbrot_refrag"> Iraq where Sunni Islamist militants have surged out of the north this week to menace Baghdad and want to establish their own state in Iraq and Syria. Preside

Suzuki chairman says unclear when court may rule on row with Volkswagen

Suzuki Motor Corp Chairman Osamu Suzuki said it was unclear when an international arbitration court will rule on its 2-1/2 year dispute with Volkswagen AG over their failed partnership. _0"> Japan's No.4 automaker by global sales volume filed for international arbitration in November 2011, after Volkswagen refused to sell back a 19.9 percent stake in Suzuki it acquired in January 2010 for 1.7 billion euros ($2.3 billion). Earlier this month, sources familiar with the matter told Reuters that a London-based arbitration court had wrapped up witness hearings and was expected to issue a ruling before the end of the year.   true       "It's unclear," the 84-year-old chief executive told reporters in Tokyo when asked about the likely timing of a ruling. Pressed on whether the two companies could reach a settlement, he said repeatedly: "We are the ones that took this to court." The two automakers agreed on a tie-up in December 2009, vowing to work tog

BMW and Tesla executives meet to discuss electric cars

Executives from German carmaker BMW and U.S.-based class="mandelbrot_refrag"> Tesla Motors Inc met this week in a move which could lead to the creation of charging stations usable for different types of electric cars. BMW and electric carmaker Tesla are seeking ways to raise the popularity of battery-powered vehicles, which consumers have shunned due to their limited operating range, the scarcity of charging stations and the time it takes to recharge them. "Both companies are strongly committed to the success of electro-mobility and discussed how to further strengthen the development of electro-mobility on an international level," a BMW spokesman said in a statement on Friday.   true       BMW said the meeting had taken place on Wednesday but declined to comment in detail about the nature of the talks, or about which BMW executives had met with Tesla. In a conference call on Thursday, Tesla Chief Executive Elon Musk said there had been talks with BMW abou

BNP got high-level 2006 warnings on sanctions busting: report

French bank BNP Paribas was warned in 2006 by a high-ranking U.S. Treasury official and in three reports by legal experts that it risked being penalized for breaking U.S. sanctions, according to Le Monde newspaper. _0"> Since France's biggest bank flagged the risk of a big fine in February this year, sources close to the affair have said it ignored early warnings of the risks it faced. They pointed out that the alleged offending transactions being investigated by U.S. authorities continued until 2009. The French newspaper's report, written as talks accelerate towards a possible $10 billion fine and other penalties, said Stuart Levey, then the U.S. Treasury Under Secretary for Terrorism and Financial Intelligence, made a visit to Paris in September 2006.   true       The paper, drawing on the findings of its own investigation, said Levey met the bank's top officials, including Baudoin Prot, who has since become chairman, in its boardroom. Levey was there not to

Drug-linked payouts: complex fix for Pfizer's next Astra bid?

The world's biggest would-be drugs merger hit a wall last month but speculation about smart ways that Pfizer could yet seal a deal with AstraZeneca remains intense. Even as talks fell apart last month, some in Pfizer's camp remained optimistic the transaction could be revived - and certain AstraZeneca advisers have not ruled out renewed talks. Under British takeover law, the UK firm can approach Pfizer at the end of August to discuss a sweetened bid, or Pfizer can try again in November. While the most obvious method for Pfizer to win AstraZeneca around might seem to be more cash, some class="mandelbrot_refrag"> hedge funds think the U.S. firm could structure payouts by tying them to the performance of key AstraZeneca drugs.   true       A so-called contingent value right, or CVR, was a winning formula for class="mandelbrot_refrag"> Sanofi in its 2011 battle for Genzyme and the tradeable product - promising additional payouts once future benchm

U.S. futures imply weak open, S&P on track for down week

U.S. stock index class="mandelbrot_refrag"> futures pointed to a slightly lower on Friday as some positive corporate news supported markets, though ongoing violence in Iraq gave investors pause. * While both the Dow and S&P hit record highs this week, Wall Street has lately been pressured by concerns of slowing global growth and violence in Iraq, which has taken oil prices to their highest since September. The Dow and S&P 500 are on track for their first weekly decline after three consecutive weeks of gains. * The S&P has fallen for three straight days, its longest streak of declines since early April. However, it has dropped just 1.1 percent over that period, and many view the market's recent trend upward as intact.   true       * class="mandelbrot_refrag"> Intel Corp shares jumped 4.7 percent to $29.27 in heavy premarket trading a day after the Dow component raised its full-year revenue outlook, citing stronger-than-expected demand f

Weak U.S. producer prices point to tame inflation pressures

U.S. producer prices fell in May after two month of solid gains, but the decline was not enough to change perceptions that inflation pressures are steadily creeping up. The Labor Department said on Friday its producer price index for final demand slipped 0.2 percent after advancing in April by 0.6 percent, which was the largest gain in 1-1/2 years. Economists, who had expected producer prices to edge up, saw the decline as a correction after gains in March and April, and said it did not change their view that prices were firming.   true       "The net result is a pick-up. The net strengthening makes the modest acceleration in the more important consumer inflation measures more credible," said Jim O'Sullivan, chief U.S. economist at High Frequency Economics in Valhalla, New York. The government revamped the PPI series at the start of the year to include services and class="mandelbrot_refrag"> construction . Big swings in prices received for trade servi

U.S. consumer sentiment slips in June

U.S. consumer sentiment fell in June as views by consumers with the lowest incomes soured, a survey released on Friday showed. _0"> The Thomson Reuters/University of Michigan's preliminary June reading on the overall index on consumer sentiment came in at 81.2, down from 81.9 the month before. It was below the median forecast of 83.0 among economists polled by Reuters.   true       "The change from May was too small to indicate a significant loss in sentiment," survey director Richard Curtin said in a statement. "The small month-to-month variations aside, the main finding from the recent surveys is that consumers have maintained their expectations at reasonably favorable levels for the past six months." The survey's barometer of current economic conditions rose to 95.4 from 94.5 and was below a forecast of 95.7. The survey's gauge of consumer expectations slipped to 72.2 from 73.7, and missed an expected 74.6. The survey's one-year

Fiat Chrysler CEO confirms targets despite difficult Brazil

Fiat Chrysler Automobiles will meet its 2014 targets even though the Brazilian car market is set to remain difficult and Europe is showing no sign of improvement, Chief Executive Sergio Marchionne said on Friday. _0"> "At the group level, we'll achieve them. This is not a problem," Marchionne told reporters on the sidelines of an event in Venice. Asked about a possible stabilisation of the situation in class="mandelbrot_refrag"> Brazil , he said: "Fiat will maintain its market share in the ups and downs. We expected it to be a difficult year. We see a difficult year until the elections."   true       "The World Cup is distracting everyone but elections are the real problem," he added. A sluggish class="mandelbrot_refrag"> economy , expiring tax breaks and weak exports have put the brakes on Brazil's car industry, stoking fears of lay-offs in an election year. Marchionne said he saw no sign of changes in th

Recapitalizing Fannie, Freddie not viable: Treasury official

A senior U.S. Treasury official on Friday rejected calls to recapitalize class="mandelbrot_refrag"> Fannie Mae and class="mandelbrot_refrag"> Freddie Mac , saying it would take at least 20 years to make sure they were adequately funded and that in the meantime taxpayers would be on the hook. _0"> In remarks to a housing conference, Treasury Undersecretary Mary Miller repeated the Obama administration's call that the two so-called government-sponsored enterprises be wound down. "Critics of reform would suggest that we can simply recapitalize the GSEs and avoid difficult decisions around creating a new system," she said. "Even if truly rehabilitating the GSEs were possible, recapitalizing them adequately would take at least 20 years."   true       "During these 20 years, the taxpayer would remain at risk of having to bail out the GSEs during another downturn," Miller added class="mandelbrot_refrag"&g

Wall St. edged higher, S&P set to close week lower

U.S. stocks edged higher on Friday, boosted by bullish corporate news from the tech sector, though major indexes remained on track to snap a multi-week string of weekly gains. _0"> While the market's recent trend upward was considered intact, broader gains were hard to come by with major indexes within striking distance of record levels amid ongoing violence in class="mandelbrot_refrag"> Iraq , which has taken oil prices to their highest since September. Intel Corp was both the class="mandelbrot_refrag"> S&P 500's biggest gainer and the Nasdaq's most active name, jumping 6.2 percent to $29.70 a day after the class="mandelbrot_refrag"> Dow component raised its full-year revenue outlook, citing stronger-than-expected demand for personal computers used by businesses.   true       "The market isn't cheap, but it isn't crazy expensive and the sectors that are looking better are cyclical in nature," sa

GM issues another ignition switch recall, for Chevy Camaros

In a product recall that echoes the one that has plunged General Motors Co GM.N into a safety crisis, the automaker on Friday said it will recall 511,528 current model Chevrolet Camaro cars, mainly in North America, to correct an issue with the ignition switch. GM said a driver's knee can bump the key fob and move the ignition switch out of the "run" position, causing the engine to shut off. Earlier this year, GM recalled 2.6 million small cars worldwide because of an ignition switch failure in which a bump of the key fob can turn off the engine, disabling power steering and airbags. That defect was not reported to consumers for years and has been linked to at least 13 deaths and caused a re-examination led by Chief Executive Mary Barra of how the company handles safety recalls.   true       But GM said the new recall, affecting Camaros of model years 2010 to 2014, is not like the one involving older-model Chevrolet Cobalt and Saturn Ion cars. "It's not at

Priceline to buy OpenTable for $2.6 bln

Travel website owner Priceline Group Inc will buy restaurant reservation website operator class="mandelbrot_refrag"> OpenTable Inc for $2.6 billion, aiming to broaden its offerings in an increasingly competitive online travel industry. _0"> Priceline's offer of $103 per share for the owner of class="mandelbrot_refrag"> OpenTable .com represents a premium of 46 percent to OpenTable's Thursday close. OpenTable's shares inched past the offer price to trade at $104.19 on the Nasdaq, suggesting that some investors expect a higher bid. Priceline's shares were down 1.6 percent at $1,205.50.   true       With online travel companies having little room to expand, many are looking outside the industry to boost revenue. Travel review website TripAdvisor Inc bought online restaurant booking platform Lafourchette last month to enter the restaurant-booking industry. As of Thursday, OpenTable's shares were trading at about 33.5 times 12-