More Breaking News

Iraq’s Al-Maliki Has Upper Hand in Forming Government (Update4) An alliance led by Iraq’s incumbent Prime Minister Nouri al-Maliki leads in Baghdad and four other provinces, partial results from the March 7 parliamentary elections show, giving him the upper hand in trying to form a new government.

Yellen, Raskin, Diamond May Help Bernanke Exit Stimulus (Update1) President Barack Obama’s likely nomination of three Federal Reserve governors will help Chairman Ben S. Bernanke plan an exit from record monetary stimulus and strengthen banking supervision and consumer protection.

Lehman’s Hidden Leverage ‘Shenanigans’ May Haunt Fuld (Update1) Lehman Brothers Holdings Inc.’s Richard Fuld exuded confidence as he briefed analysts on June 16, 2008, four days after demoting his firm’s finance chief in the wake of a $2.8 billion quarterly loss.

Vatican to Drop Statute of Limitations for Pedophile Priests The Vatican’s chief prosecutor will remove the statute of limitations for priests accused of child molestation and said today it was “false and calumnious” to accuse Pope Benedict XVI of a cover-up.

Kissinger Is Recovering From Stomach Pains in Seoul (Update2) Henry Kissinger, former U.S. secretary of state, is in stable condition in a South Korean hospital after being admitted with abdominal pains this morning.

World Trade Center Collapse May Be Linked to Heart Disorder Police officers who worked at the World Trade Center site in the weeks following its collapse from the Sept. 11, 2001, terrorist attack may be at greater risk for impaired heart function than other people, a study found.

Thai Protesters Gather in Effort to Topple Abhisit (Update1) Thousands of Thai protesters began converging on Bangkok today for a weekend rally that aims to topple Prime Minister Abhisit Vejjajiva’s government.

U.S. Stocks Rally Sends S&P 500 to Highest Level Since 2008 U.S. stocks rose, pushing the Standard & Poor’s 500 Index to a 17-month high, as Citigroup Inc. led a rally among banks and data boosted confidence that the economic recovery is sustainable.

Obama’s ‘No Child’ Overhaul Would Reward Schools for Progress Education Secretary Arne Duncan unveiled a plan that would tie $28 billion in federal school aid to President Barack Obama’s U.S. goal of having the world’s highest percentage of college graduates by 2020.