Washington DC


  • FDA plan would speed up medical device approvals Tuesday, 22 Apr 2014 | 10:40 AM ET

    WASHINGTON— The Food and Drug Administration unveiled a proposal Tuesday designed to speed up development and approval of medical devices that treat life-threatening diseases and debilitating conditions.

  • Sales of US existing homes slip to a 20-month low Tuesday, 22 Apr 2014 | 10:07 AM ET

    WASHINGTON— Sales of existing U.S. homes slipped in March to their lowest level since July 2012 as rising prices and a tight supply of available homes discouraged many would-be buyers. The National Association of Realtors said Tuesday that sales edged down 0.2 percent to a seasonally adjusted annual rate of 4.59 million.

  • WASHINGTON— US existing-home sales fell in March to lowest pace in 20 months; rising prices a factor.

  • *Ukraine peace deal falters as rebels dig in. LONDON, April 22- Brent oil fell towards $109 a barrel and the U.S. benchmark saw a sharper decline on Tuesday on forecasts of rising crude stocks as a faltering pact to ease tensions in Ukraine offered some support.

  • Ex-Fox exec denies allegations in sex abuse suit Tuesday, 22 Apr 2014 | 8:09 AM ET

    BEVERLY HILLS, Calif.— A man who has accused "X-Men" director Bryan Singer of sexually abusing him when he was a teen sued three more entertainment industry figures Monday, claiming they also molested him. That lawsuit accuses the director of abusing him between the ages of 15 and 17 in Los Angeles and Hawaii.

  • Google challenges nonprofits on ideas to use Glass Tuesday, 22 Apr 2014 | 7:35 AM ET

    WASHINGTON— Google has a challenge for U.S. nonprofits. Five charities that propose the best ideas by May 20 will get a free pair of the glasses, a trip to Google for training and a $25,000 grant to help make their project a reality. Already, Google has been testing Glass with nonprofits in their field work.

  • *Gold steadies after 3- day drop as dollar retreats. LONDON, April 22- Gold steadied near $1,290 an ounce on Tuesday after falling for three straight days, as a retreat in the dollar took some pressure off the metal, though continued outflows from physical gold funds curbed potential for gains.

  • Ahead of the Bell: US Existing Home Sales Tuesday, 22 Apr 2014 | 6:17 AM ET

    WASHINGTON— The National Association of Realtors reports on sales of existing homes in March. The report is scheduled for release Tuesday at 10 a.m. Eastern time. SLIGHT DROP, AGAIN: Economists forecast that sales slipped 0.7 percent last month to a seasonally adjusted annual rate of 4.57 million, according to a survey by FactSet.

  • LONDON, April 22- M&A talk in the pharmaceutical sector lifted European shares on Tuesday, but failed to support the euro, which held at a two week low against the dollar on rising expectations of further policy easing by the European Central Bank.

  • Retired justice proposes changes to Constitution Tuesday, 22 Apr 2014 | 3:26 AM ET

    WASHINGTON— In his new book, retired Supreme Court Justice John Paul Stevens calls for no fewer than six changes to the Constitution, two of which are directly related to guns. His proposed amendments generally would overrule major Supreme Court decisions with which he disagrees, including ones on guns and campaign finance in which he dissented.

  • Obama visit to Asia seen as counterweight to China Tuesday, 22 Apr 2014 | 3:22 AM ET

    TOKYO— President Barack Obama's travels through Asia in coming days aim to reassure partners about the renewed U.S. commitment to the region, with an eye both to China's rising assertiveness and the fast-growing markets that are the center of gravity for global growth.

  • US weighs curbing deportations Tuesday, 22 Apr 2014 | 3:11 AM ET

    WASHINGTON— Tens of thousands of immigrants who are in the U.S. illegally but don't have serious criminal records could be shielded from deportation under a policy change being weighed by senior American officials.

  • Miami youth group helped 'Cuban Twitter' Tuesday, 22 Apr 2014 | 12:10 AM ET

    MIAMI— Leaders with the largest nonprofit organization for young Cuban-Americans quietly provided strategic support for the federal government's secret "Cuban Twitter" program, connecting contractors with potential investors and even serving as paid consultants, The Associated Press has learned.

  • Internet TV case: US justices skeptical, concerned Tuesday, 22 Apr 2014 | 12:05 AM ET

    WASHINGTON— Grappling with fast-changing technology, Supreme Court justices debated Tuesday whether they can protect the copyrights of TV broadcasters to the shows they send out without strangling innovations in the use of the internet.

  • Grieving borrowers told to repay student loan Tuesday, 22 Apr 2014 | 12:02 AM ET

    WASHINGTON— Some student loan borrowers who had a parent or grandparent co-sign the note are finding that they must immediately pay the loan in full if the relative dies. The Consumer Financial Protection Bureau says lenders have clauses in their contract that explain this could happen, but many borrowers are not aware of them.

  • *Weakness in China depresses Asian shares, despite Wall St. *Tensions in Ukraine still seen as a risk. Although Japan's Nikkei share average held onto marginal gains and was up 0.3 percent, MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat, while trading not far from a six-month high hit earlier this month.

  • *Ukraine tensions keep some investors on edge. TOKYO, April 22- Japanese shares advanced on Tuesday, taking heart from a solid session on Wall Street, but gains were limited below the two-week intraday high marked the previous day on caution over upcoming earnings reports and tensions in Ukraine.

  • SINGAPORE, April 22- U.S. crude oil futures steadied above $104 a barrel on Tuesday, with investors keeping a close eye on Ukraine where a deal to peacefully resolve tensions with Russia appeared to be faltering.

  • Tensions in Ukraine still seen as a major risk. TOKYO, April 22- Asian shares were supported on Tuesday after Wall Street stocks extended gains into a fifth day, though investors continued to see tensions in Ukraine as a threat to risk appetite.

  • DIARY - Top economic events to May 5 Monday, 21 Apr 2014 | 8:01 PM ET

    Federal Reserve, Ben Bernanke, will give a speech entitled "Eight Years of Crisis Management at the Federal Reserve and the Way Forward"- 1545 GMT. HALIFAX, Canada- Canadian Finance Minister Joe Oliver will speak at a Halifax Chamber of Commerce lunch in Nova Scotia- 1545 GMT.

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