Top News - Breaking News - World News from Reuters (April 2011 Diet)

[Reuters]

WASHINGTON (Reuters) - President Barack Obama urged businesses to "step up" and hire workers, pressing banks and other corporations to do more to help an economy that he said would take "several years" to recover fully.

Source: Obama urges companies to hire, studies housing moves

[Reuters]

NEW YORK (Reuters) - U.S. shoppers are making fewer shopping trips, eating out less, and skimping even on groceries to rein in household budgets amid rising gasoline prices, a survey showed.

Source: Americans buy less food as gas prices rise: survey

[Reuters]

WASHINGTON (Reuters) - White House-led negotiations to reduce massive budget deficits and raise the United States' credit limit laid bare deep divisions on Thursday over whether tax increases could be part of any solution.

Source: Taxes remain sticking point in budget talks

[Reuters]

LONDON (Reuters) - The world's top banks will likely be hardest hit by new capital surcharges that would rise according to size, links to other lenders and how easily a bank could be replaced in a crisis, the Financial Times reported.

Source: World's top banks face capital surcharge hit: report

[Reuters]

WASHINGTON (Reuters) - At least 219 former officials at the Securities and Exchange Commission have left since 2006 to help clients with business before the agency, bringing fresh allegations of a "revolving door" that leaves the commission too cozy with the Wall Street firms it regulates.

Source: SEC's revolving door to Wall Street gets fresh scrutiny

[Reuters]

LA BAGNAIA, Italy (Reuters) - Libyan leader Muammar Gaddafi has likely been wounded in western airstrikes and has probably left Tripoli, Italian Foreign Minister Franco Frattini said Friday.

Source: Gaddafi likely wounded and not in Tripoli: Italy

[Reuters]

BOSTON (Reuters) - Sony Corp's computer networks remain vulnerable to attack three weeks after the company learned that it had been victim of one of the biggest data breaches in history, according to an Internet security expert.

Source: Sony yet to fully secure its networks: expert

[Reuters]

MAZAR-I-SHARIF, Afghanistan (Reuters) - The United States wants Pakistan to be a "real" ally in combating militants inside its borders but serious questions remain in relations between the countries after the killing of Osama bin Laden, U.S. Senator John Kerry said on Saturday.

Source: "Serious questions" in U.S.-Pakistan ties post bin Laden: Kerry

[Reuters]

WASHINGTON (Reuters) - With the government about to hit its $14.3 trillion debt limit, Treasury Secretary Timothy Geithner has warned of "catastrophic" consequences and a new recession if Washington is not able to borrow more.

Source: Geithner warns of new recession without debt rise

[Reuters]

ISLAMABAD (Reuters) - Senator John Kerry will press Pakistani leaders for answers on Osama bin Laden in talks this week but he will be keen to ensure Pakistani anger over the raid does not subvert vital security cooperation.

Source: Kerry to ask Pakistan tough questions, try to ease anger