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Monday, May 21, 2012

Morning Digest: Lockerbie bomber Megrahi to be buried in Libya

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05/21/2012
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Lockerbie bomber Megrahi to be buried in Libya
TRIPOLI (Reuters) - The Libyan convicted of the 1988 bombing of a PanAm flight over Lockerbie will be buried on Monday in a quiet ceremony that Libyans hope will allow them to leave behind the controversy that surrounded him in life..
Putin announces new Russian government
MOSCOW (Reuters) - President Vladimir Putin named loyal allies to top posts in Russia's new government on Monday, taking a firm grip on economic policy and limiting Prime Minister Dmitry Medvedev's ability to push a reform agenda..
Stock index futures signal early rebound
PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.85 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.79 percent at 0842 GMT..
Adele, LMFAO sweep tribute-filled Billboard awards
LOS ANGELES (Reuters) - Energetic performances and heart-felt tributes took center stage at the Billboard Music Awards on Sunday, as Adele, LMFAO, Justin Bieber, Katy Perry and Taylor Swift came away top awards..
Spurs sweep Clippers, advance to West finals
LOS ANGELES (Reuters) - The San Antonio Spurs steamrolled into the NBA Western Conference finals after a 102-99 win over the Los Angeles Clippers on Sunday gave them a clean sweep of their seven-game series..
Historic Facebook debut falls flat
SAN FRANCISCO (Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close..
Rare "ring of fire" solar eclipse dims skies
KANARRAVILLE, Utah (Reuters) - The sun and moon aligned over the Earth in a rare astronomical event on Sunday - an annular eclipse that dimmed the skies over parts of Asia and North America, briefly turning the sun into a blazing ring of fire..
Italy "dog and cat tax" muzzled after uproar
ROME (Reuters) - A proposal to levy a tax on cats and dogs that stunned Italy on Friday turned out to be all bark and no bite after a wave of popular anger saw it withdrawn on the same day it was made public..
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