Infighting among Republicans who control the House of Representatives has pushed the U.S. to the brink of its fourth partial shutdown in a decade, as the chamber has been unable to pass legislation to keep the government open. US government shutdown: What closes, what stays open?Poor face hit as shutdown, childcare cliff, student loans convergeHow a US government shutdown would affect foreign poli
SAN FRANCISCO - Apple Inc is famous for relying on low-cost Asian manufacturers to both source and assemble its popular gadgets, but the consumer device giant recently started receiving a critical component in its iPad and iPhones from closer to home - Texas. The Apple Inc. logo hangs inside the newest Apple Store in New York City's Grand Central Station December 7, 2011, during a press preview of
TOKYO (Reuters) - The whistleblower in Japan’s Olympus Corp scandal, ex-CEO Michael Woodford, blasted Japanese shareholders on Thursday for failing to stand up for him, amid signs that domestic and foreign investors are split over his campaign to be reinstated. Woodford, an Englishman who was a rare foreign CEO in Japan, went public with his concerns over crooked accounting at Olympus after his di
MANCHESTER, New Hampshire (Reuters) - President Barack Obama challenged the U.S. Congress on Tuesday to vote next week to save an expiring payroll tax cut, a day after a high-profile effort to tackle huge U.S. deficits collapsed in acrimony. A new Reuters/Ipsos poll showing that Americans blamed Obama in part for the “super committee” failure underscored the challenges he faces to persuade voters
NEW YORK (Reuters) - A U.S. appeals court ruled that Cablevision Systems Corp may go forward with its plan to introduce a new digital video recorder service that film studios and television networks had said violated their copyrights. Reversing a lower court ruling, the U.S Court of Appeals for the Second Circuit in New York said Cablevision’s proposed new service “would not directly infringe plai
KURIHARA, Japan (Reuters) - A powerful earthquake rocked rural northern Japan on Saturday, killing at least five people, injuring more than 200 and sparking landslides that sliced mountains, destroyed roads and left residents cut off. The 7.2 magnitude quake struck at 8:43 a.m. (2343 GMT Friday) in Iwate, a sparsely populated, scenic area around 300 km (190 miles) north of Tokyo, where buildings a
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