Kodak files for bankruptcy, secures $950 million lifeline
Eastman Kodak, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America's best-known companies. Full Article
Perry likely endorsing Gingrich for president: sources
AUSTIN, Texas - Texas Governor Rick Perry is dropping out of the race for the Republican presidential nomination, and is likely to endorse Newt Gingrich, two Perry campaign sources said on Thursday.
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The missing BRIC in Indonesia's wall
TANJUNG RAJA GIHAM, Indonesia - Helped by a global commodities boom, Indonesia could join Brazil, Russia, India and China -- the BRIC economies -- as the next emerging markets powerhouse. A plan to accelerate infrastructure projects could help it get there. Full Article
Iran warns region against stance on Hormuz
ANKARA - Iran's foreign minister warned Arab neighbors on Thursday not to put themselves in a "dangerous position" by aligning themselves too closely with the United States in the escalating dispute over Tehran's nuclear activity. Full Article
More cracks found in Airbus A380 wings
PARIS - Airbus said it had discovered more cracks in the wings of two A380 superjumbo aircraft but insisted the world's largest jetliner remained safe to fly. Full Article
News Corp admits guilt, settles hacking claims
LONDON - The British newspaper arm of Rupert Murdoch's News Corp looks set to settle at great expense a string of legal claims after admitting wide-scale phone hacking that was both known about and concealed by senior management. Full Article
JPMorgan again at center of a financial failure
The transactions that JPMorgan handled for MF Global are drawing increased scrutiny because understanding MF Global's money flow could aid in identifying missing customer funds, according to people familiar with the situation. Full Article
Analyst's arrest puts Cohen's SAC in new focus
Hedge fund titan Steven A. Cohen is once again in the spotlight over allegations of improper trading at his $14 billion SAC Capital Advisors. Full Article
WikiLeaks’ 16th minute
After the diplomatic cable stories petered out, so did WikiLeaks. What Julian Assange's spree demonstrates is the dependency of leakers on strong institutions -- but also a new way for the many to monitor the powerful few. Commentary from Reuters Magazine
Diver footage shows cruise ship interior
Jan 19 - Video footage shot by divers shows the interior of the wrecked Costa Concordia cruise ship. Rough Cut (no reporter narration).
Latest Headlines
Unraveling India Part 2: Corruption
What’s the best way for India to slay corruption: punish the culprits or make government so transparent that it is hard for bribery to find places to latch onto in the first place? The answer is both. Commentary
The cruise industry’s rough sail
Once the expensive ships are built, it is punitively expensive not to put them out to sea filled with paying passengers, even if the quality of the staff leaves something to be desired. Full Article
A tale of two SEC settlements
Why is the SEC throwing the book at former Fannie and Freddie executives for misstating their companies' subprime exposure, but letting Citigroup officials off with only a slap on the wrist for doing the same thing? Commentary
Honey, they shrunk the IRS
Congress's plans to cut the IRS budget by more than 5 percent in real terms makes as much sense as a hospital firing surgeons or a car dealer laying off salespeople when customers fill the showroom. The IRS staff generates real revenue. Full Article
Campaign questions, bad government agencies and medical lobbies
Reporters need to find out what Romney paid in taxes and ask serious questions about the candidates' positions on abortion. Medical lobbying is fertile ground for reporters. Also, what is the worst government agency? Full Article
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Rough Cuts: Panic on board the sinking cruise ship
Video shot on board the Italian cruise ship just moments after it runs aground shows terrified passengers, lifeboats launched, and rescuers scaling the ship. Video
Reuters Davos Magazine
- Davos by the Numbers: Water Cannons Loaned by Germany to Use Against Protesters: 6
- Mohamed El-Erian on Why He’ll Never Go to Davos
- The Top Business Pictures of 2011
- Confessions of a Davos Spouse by Anya Schiffrin
- A Conversation Between Sir Harold Evans & Condoleezza Rice
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