AUSTIN, Texas - Texas Governor Rick Perry dropped out of the race for the Republican presidential nomination and endorsed rival Newt Gingrich as the best candidate to face Democratic President Barack Obama in the November presidential election. Full Article
LONDON - The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.
NEW YORK - Apple unveiled a new digital textbook service called iBooks 2, aiming to revitalize the U.S. education market and quicken the adoption of its market-leading iPad. Full Article
Eastman Kodak, the photography icon that 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
GAFFNEY, South Carolina - Republican candidates who say the government should do little, if nothing, to ease the housing crisis risk alienating some voters -- particularly independent ones in foreclosure-wracked states such as Florida and Nevada. Full Article
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
GENEVA/LONDON - Turkish refiner Tupras plans to cut its dependence on imports of Iranian oil and will meet Saudi Arabian authorities, industry sources familiar with the company's strategy said, as Western powers crack down on Iran's oil sales. Full Article
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
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
Jan. 19 - Texas governor Rick Perry ends his bid to be the Republican presidential candidate, endorses Newt Gingrich. Deborah Gembara reports.
Scenes from the volatile waterway.
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
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