M&A deals lift Wall Street shares nearer a record high

NEW YORK (Reuters) - U.S. stocks rose on Tuesday as this year's ongoing surge in merger activity suggested investors were still finding value in the market even as indexes closed in on all-time highs. Office Depot Inc surged 9.4 percent to $5.02 after a person familiar with the matter said the No. 2 U.S. office supply retailer was in advanced talks to merge with smaller rival OfficeMax...

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Pistorius: Thought lover an intruder in shooting

PRETORIA, South Africa (AP) — Oscar Pistorius wept Tuesday as his defense lawyer read the athlete's account of how he shot his girlfriend to death on Valentine's Day, claiming he had mistaken her for an intruder.Prosecutors, however, told a packed courtroom that the double-amputee known as the Blade Runner intentionally and mercilessly shot and killed 29-year-old Reeva Steenkamp as she cowered inside...

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How can U.S. deal with cyber war?

Michael Hayden says lack of domestic agreement is driving U.S. to take the offense on cyber attacks.STORY HIGHLIGHTSObama administration beefing up effort to counter cyberattacksMichael Hayden says emphasis is on striking first, as the U.S. does with drone attacksEx-CIA director says drone policy reflects lack of consensus on handling prisonersHayden: Is killing terrorists preferred because of division...

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Brodsky takes stand in Peterson hearing

Drew Peterson's former lead attorney Joel Brodsky took the witness stand this afternoon to be questioned by his former defense...

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Syria "Scud-type" missile said to kill 20 in Aleppo

AMMAN (Reuters) - A Syrian missile killed at least 20 people in a rebel-held district of Aleppo on Tuesday, opposition activists said, as the army turns to longer-range weapons after losing bases in the country's second-largest city. The use of what opposition activists said was a large missile of the same type as Russian-made Scuds against an Aleppo residential district came after rebels...

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Yen resumes fall after G20, U.S. holiday thins trade

LONDON (Reuters) - The yen resumed falling on Monday after Japan signaled it would push ahead with expansionist monetary policies having escaped criticism from the world's 20 biggest economies at the weekend. Industrial metals also dipped and European shares were soft on lingering worries about the economic outlook, especially for the euro zone. While the risk of an inconclusive outcome...

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Jerry Buss, Lakers' flamboyant owner, dies at 80

LOS ANGELES (AP) — Jerry Buss, the Los Angeles Lakers' playboy owner who shepherded the NBA team to 10 championships from the Showtime dynasty of the 1980s to the Kobe Bryant era, died Monday. He was 80.He died at Cedars-Sinai Medical Center in Los Angeles, said Bob Steiner, his assistant.Buss had been hospitalized for most of the past 18 months while undergoing cancer treatment, but the immediate...

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Borneo tension linked to rebel deal

STORY HIGHLIGHTSMore than 100 Filipinos arrived by boat on the Malaysian coast last weekThey say they represent a sultanate that once ruled the areaThe move seems to be a response to a recent peace deal in the PhilippinesThe leaders of the sultanate appear to have felt left out of the accord, an expert says(CNN) -- The peculiar standoff on Borneo between Malaysian security forces and a group of men...

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Burger King Twitter account hacked

Burger King has apologized for today's hacking of its Twitter account in which someone changed the feed to look like that of...

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Time to refer Syrian war crimes to ICC: U.N. inquiry

GENEVA (Reuters) - United Nations investigators said on Monday that Syrian leaders they had identified as suspected war criminals should face the International Criminal Court (ICC). The investigators urged the U.N. Security Council to "act urgently to ensure accountability" for violations, including murder and torture, committed by both sides in an uprising and civil war that has killed...

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