Reuters: Top News - Breaking News - World News [March ‘11 Diet]

[Reuters]

WASHINGTON (Reuters) - The United States said on Thursday it has seen recent indications that a former FBI agent who vanished in Iran in 2007 is being held in southwest Asia, a rare public signal that it has reason to believe he is alive.

Source: U.S. has signs ex-FBI agent held in southwest Asia

[Reuters]

WASHINGTON (Reuters) - The NFL and the players' union have agreed to a 24-hour extension in their negotiations over how to carve up their $9 billion empire in a last-ditch attempt to save America's most popular and richest sport from a lockout.

Source: NFL and union extend deal talks by 24 hours

[Reuters]

KARLSRUHE, Germany (Reuters) - A lone gunman enraged over the war in Afghanistan probably acted alone when he shot dead two U.S. airmen and wounded two others at Frankfurt airport this week, a German prosecutor said on Friday.

Source: Germany says shooting of U.S. airmen a solo act

[Reuters]

NEW YORK (Reuters) - When Lockheed Martin wanted to sell C-130 military transport planes to the government of Chad in early 2007, the U.S. embassy in N'Djamena was ready to lend a hand.

Source: Special report: Weapons and the art of diplomacy

[Reuters]

(Reuters) - Banks received a proposal from state attorneys general and several federal agencies that could require them to reduce loan balances of troubled mortgage borrowers, the Wall Street Journal said, citing people familiar with the matter.

Source: Banks receive proposals on troubled mortgages: report

[Reuters]

NEW YORK (Reuters) - A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.

Source: Courtroom showdown in sweeping U.S. trading probe

[Reuters]

WASHINGTON (Reuters) - Senate Democrats on Friday pushed for a vote next week on their new proposal to trim $6 billion from spending while protecting President Barack Obama's healthcare overhaul and other priorities.

Source: Senate to debate rival spending bills next week

[Reuters]

WASHINGTON (Reuters) - Gasoline prices are spiking and with them the savings for U.S. commuters who rely on public transportation, a transit group said on Friday.

Source: Gas prices rise, as do savings for transit riders

[Reuters]

VIENNA/FRANKFURT (Reuters) - The head of the European Union's safety net for countries struggling with public finances said on Saturday he did not think any more members would have to tap the euro zone rescue fund, for now.

Source: Regling sees no more countries using EU safety net

[Reuters]

CHICAGO (Reuters) - The Securities and Exchange Commission is investigating Kraft Foods Inc for possible corruption at an Indian facility of its Cadbury unit, the company said in a regulatory filing.

Source: SEC investigating Kraft for corruption in India