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Durable goods orders point to factory resilience

Washers and dryers are seen on display at a store in New YorkBy Jason Lange WASHINGTON (Reuters) - Orders for long-lasting U.S. manufactured goods rose more than expected in April, a hopeful sign that a sharp slowdown in factory output could soon run its course. New orders for durable goods, which range from toasters to aircraft, increased 3.3 percent last month, the Commerce Department said on Friday. The data was the latest to show the U.S.

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Ohio kidnap rescuer won't endorse free burgers

Judge: Ariz. sheriff's office profiles Latinos

Maricopa County Sheriff Joe Arpaio watches as actor Steven Seagal addresses the media about a simulated school shooting in Fountain HillsJoe Arpaio is to stop using race as a factor in law enforcement decisions.

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Associate of arms dealer Viktor Bout extradited to New York

By Chris Francescani NEW YORK (Reuters) - A U.S-Syrian citizen accused of conspiring with jailed Russian arms dealer Viktor Bout has been extradited to New York from Australia to face charges he conspired to buy aircraft in violation of economic sanctions, federal prosecutors said on Friday. Richard Ammar Chichakli is scheduled to be arraigned in federal magistrate court in Manhattan on Saturday, the U.S. Attorney for the Southern District of New York, Preet Bharara, said in a statement. ...

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News Corp to take charge of up to $1.4 billion this quarter

(Reuters) - News Corp said on Friday it will write down the value of its Australian and U.S. publishing assets by up to $1.4 billion (925.4 million pounds), as the company prepares to split its business between its newspaper and entertainment operations.

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Hollywood insiders among Hulu suitors

Bidding for Hulu kicked off more than a month ago when Peter Chernin made a formal $500m offer

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Visa, Mastercard ask U.S. court to declare card fees are lawful

NEW YORK (Reuters) - Visa Inc and MasterCard Inc , opening another front in an eight-year battle over credit card fees paid by retailers, on Friday asked a federal judge to declare that the fees do not violate antitrust law.

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French court eases pressure on Lagarde

Decision lifts cloud that had gathered over ex-finance minister’s position as leader of one of the world’s top international institutions

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Valeant nears $9bn Bausch & Lomb deal

A price of $9bn would see the eyecare maker’s owner Warburg Pincus settle for less than its initial hopes of a sale topping $10bn

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