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Egypt's housing minister says asked to form new government: Al-Ahram

CAIRO (Reuters) - Outgoing Egyptian housing minister Ibrahim Mahlab said he had been asked to form a new government, the state-run Al-Ahram newspaper reported on its website.Mahlab was speaking to...

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10 Tech Things You Need To Know This Morning

Good morning! There's lots of big news in tech today so let's get to it:MTGox, which used to be the world's largest Bitcoin exchange, has gone offline. The Bitcoin Foundation says the exchange appears...

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10 Things You Need To Know Before The Opening Bell (SPY, QQQ, DIA, HD, JPM)

Good morning! Here's what you need to know.Bitcoin exchange MtGox has gone offline after a string of issues. Bitcoin prices had cratered on the exchange, down as much as 14% to $465. Gox halted...

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Here's A Quick Guide To What Traders Are Chatting About Right Now

Dave Lutz of Stifel Nicolaus has a round-up of what traders are chatting about before the opening bell:Good Morning!   US Futures are off small, and just off the lows of the overnight.   EU Markets are...

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Here's The Biggest Thing Happening In The Mobile Phone Business Right Now (GOOG)

We just spent some time chatting with Benedict Evans on the floor of MWC, the huge mobile industry conference in Barcelona. Evans is an analyst who works at VC firm Andreessen Horowitz. He's one of the...

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Hezbollah says will respond to Israeli air strike

By Laila BassamBEIRUT (Reuters) - Hezbollah will respond to an Israeli air strike that hit one of its bases on the border with Syria on Monday night, the Lebanese militant group said on Wednesday."The...

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Panasonic And Tesla In Talks To Build A $1 Billion Car Battery Factory

Japan's Panasonic and California-based electric-vehicle venture Tesla Motors are in talks to build a $1 billion automotive battery plant in the United States, a report said Wednesday.The electronic...

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Ex pope Benedict denies he was forced to resign

By Philip PullellaVATICAN CITY (Reuters) - Former Pope Benedict, in one of the few times he has broken his silence since stepping down nearly a year ago, has branded as "absurd" fresh media speculation...

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Ukraine's Feared Riot Police Force 'No Longer Exists'

KIEV (Reuters) - Ukraine's riot police force, held responsible for the deaths of most of the 100 people killed in unrest and clashes in Kiev, has been disbanded, acting Interior Minister Arsen Avakov...

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Germany's top court scraps 3 percent vote threshold for EU poll

By Norbert DemuthKARLSRUHE, Germany (Reuters) - Germany's top court on Wednesday scrapped a rule that political parties need at least three percent of the vote to enter the European Parliament, opening...

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Putin puts troops in western Russia on alert in drill: agencies

MOSCOW (Reuters) - President Vladimir Putin ordered an urgent drill to test the combat readiness of the armed forces across western Russia on Wednesday, news agencies reported, flexing Moscow's...

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California city tests waters for soft drinks tax

By Laila KearneyBERKELEY, California (Reuters) - A California city is to consult its citizens on whether to impose a soda tax on sugary drinks, following failed bids by other local governments to pass...

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Former editor of Hong Kong newspaper stabbed amid media tensions

By James Pomfret and Alice WoodhouseHONG KONG (Reuters) - A former chief editor of a major Hong Kong newspaper known for its critical reporting was stabbed and seriously wounded on Wednesday in an...

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Washington state expected to enact college aid for undocumented immigrants

By Jonathan KaminskyOLYMPIA, Washington (Reuters) - Washington is set to become the fifth state to offer college financial aid to students brought into the country illegally by their parents.Democratic...

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Mt. Gox CEO Releases Statement: 'I Am Still In Japan'

Bitcoin exchange Mt. Gox continues its shut down, and management continues to provide only limited amounts of information regarding the status of operations. This has been troubling to Mt. Gox clients,...

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Austria takes harder line on bank secrecy

VIENNA (Reuters) - Austrian Chancellor Werner Faymann on Wednesday demanded movement in European Union tax talks with Switzerland and other non-EU countries and linked this to whether Vienna will agree...

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U.S. mortgage applications slip in latest week: MBA

NEW YORK (Reuters) - Applications for U.S. home mortgages fell, including both new purchases and refinancings, in the latest week, an industry group said on Wednesday.The Mortgage Bankers Association...

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Exclusive: Encana, Chesapeake near settlements on Michigan collusion probe

By Joshua Schneyer and Anna DriverNEW YORK/HOUSTON (Reuters) - Encana Corp and Chesapeake Energy Corp are negotiating civil settlements with the state of Michigan to try to end its criminal...

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Scores of Syrian rebels killed in government ambush near Damascus

BEIRUT (Reuters) - Scores of Islamist fighters were killed in an army ambush in the Eastern Ghouta area of the capital Damascus, Syria's national news agency SANA said on Wednesday.Lebanon's Al Manar...

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No insurance, no ridesharing, cities tell UberX, Lyft and others

By Sarah McBrideSAN FRANCISCO (Reuters) - Using mobile apps to connect passengers with drivers, ridesharing services like UberX and Lyft say they are bringing new zip to transportation. But a number of...

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