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Thursday, May 8, 2014

Morning Digest: Former Thai PM guilty of rice scheme negligence: graft body

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05/8/2014
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Former Thai PM guilty of rice scheme negligence: graft body
BANGKOK (Reuters) - Thailand's National Anti-Corruption Commission found former Prime Minister Yingluck Shinwatra guilty of negligence on Thursday over a financially ruinous state rice-buying scheme and she now faces a ban from politics after a Senate hearing..
China urges talks, says no 'clash' with Vietnam
BEIJING/HANOI (Reuters) - China on Thursday rejected Vietnamese claims it acted aggressively in the South China Sea and called for a peaceful end to a bitter row sparked by Beijing's parking of a giant oil rig in contested waters..
Euro, sterling buoyant before central bank meetings
LONDON (Reuters) - Expectations the European Central Bank will keep its policy powder dry for another month at least kept the euro near a two-month high on Thursday, as soothing talk from the head of the Federal Reserve lifted shares and bonds..
'Frozen' soundtrack ices competition again on Billboard 200
LOS ANGELES (Reuters) - "Frozen," the soundtrack to Disney's $1 billion-grossing animated film, on Wednesday earned its 13th nonconsecutive week atop the Billboard 200 album chart, selling nearly twice the number of copies as its nearest challenger..
Durant, Westbrook help Thunder level series
(Reuters) - Newly crowned MVP Kevin Durant scored 32 points and Russell Westbrook recorded a triple-double as the Oklahoma City Thunder beat the Los Angeles Clippers 112-101 on Wednesday to level their second round playoff series..
AOL profit misses estimate on costs; shares tumble
(Reuters) - AOL Inc on Wednesday said its quarterly profit declined, with its stock price falling 22 percent as it missed earnings expectations due to the cost of restructuring its digital and media entertainment businesses..
Scientists help Galapagos finches combat killer maggots
WASHINGTON (Reuters) - Which nest is best to eliminate a blood-sucking pest? Scientists seeking to help endangered Galapagos Islands birds survive a deadly parasitic threat put that question to the test..
Colorado lawmakers OK co-op banking option for marijuana sellers
DENVER (Reuters) - The Colorado legislature on Wednesday voted to create the nation's first state-run financial cooperative for marijuana sellers, with the aim of giving newly legalized cannabis retail outlets access to key banking services through the U.S. Federal Reserve..
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