Yahoo! News India

  • Clippers cut ties with head coach Del Negro Reuters
    Clippers cut ties with head coach Del Negro

    REUTERS - The Los Angeles Clippers have decided to part ways with head coach Vinny Del Negro, announcing on Tuesday they will not offer him a new contract to lead the National Basketball Association team. Del Negro compiled a 128-102 record with the Clippers in three seasons, guiding them to the playoffs in 2012 and 2013. The Clippers finished the 2012-13 season with a franchise-high of 56 wins, including a 17-game winning streak, and were fourth-seeded in the Western Conference playoffs before falling 4-2 to the Memphis Grizzlies in the first round. ...

  • Analysis: New MLS club faces challenge to make mark in New York Reuters

    By Simon Evans MIAMI (Reuters) - For a brief but dazzling spell in the 1970s, New Yorkers fell in love with soccer as Pele and the Cosmos showcased the world's most popular game in a city long dominated by baseball and American football. Now Major League Soccer hopes that a new team, called the New York City Football Club and formed by an alliance of English Premier League club Manchester City and baseball's grandest club the New York Yankees, can not only recapture that excitement but this time, sustain it. ...

  • U.S. tax official at center of scandal won't testify - lawyer Reuters

    By Kim Dixon WASHINGTON (Reuters) - Lois Lerner, the Internal Revenue Service official at the center of a scandal about the targeting of conservative groups for extra tax scrutiny, plans to assert her constitutional right not to answer questions from a congressional committee on Wednesday. "She has not committed any crime or made any misrepresentation but under the circumstances she has no choice but to take this course," Lerner's attorney, William Taylor, wrote on Monday to the chairman of the House Oversight and Government Reform Committee that is holding hearings into the IRS scandal. ...

  • Murray pulls out of French Open through injury Reuters
    Murray pulls out of French Open through injury

    LONDON (Reuters) - Britain's world number two Andy Murray has pulled out of the French Open after failing to recover from a lower back injury which he aggravated at the Italian Open last week. "It's a really tough decision and I love playing in Paris, but after seeking medical advice, I am not fit to compete," Murray said in a statement released by his management company. "Apologies to the organisers and thanks to everyone for the messages of support. Now my complete focus is on getting back on the court as soon as possible. ...

  • College student snares record long Burmese python near Miami Reuters
    College student snares record long Burmese python near Miami

    By Barbara Liston ORLANDO, Florida (Reuters) - An 18-foot, 8-inch (5.6 metres) Burmese python set a record for the longest snake ever captured in South Florida, where the exotic species has taken up residence. College student Jason Leon snared the female python in a rural area southeast of Miami earlier this month, when he saw part of it sticking out from brush along the roadside, said Carli Segelson, a spokeswoman for the state's Fish and Wildlife Commission. The python broke the previous record set in 2012 by a 17-foot, 7-inch (5. ...

  • Aviation officials see global emissions deal possible by 2020 Reuters
    Aviation officials see global emissions deal possible by 2020

    By Robert Evans GENEVA (Reuters) - Senior officials from business and commercial aviation voiced cautious optimism that a long-sought worldwide framework to reduce aviation's carbon emissions could be in place by 2020. And a key negotiator for the European Union's Executive Commission, focus of anger from many other countries over its emissions trading scheme (ETS), said she hoped a road map towards a pact would be agreed by this autumn. ...

  • The Irish loophole behind Apple's low tax bill Reuters
    The Irish loophole behind Apple's low tax bill

    By Tom Bergin LONDON (Reuters) - Apple's ability to shelter billions of dollars of income from tax has hinged on an unusual loophole in the Irish tax code that helps the country compete with other countries for investment and jobs. A U.S. Senate investigation has revealed that Apple, maker of iPhones, iPads and Mac computers, had channelled profits into Irish-incorporated subsidiaries that had "no declared tax residency anywhere in the world". ...

  • Microsoft unveils Xbox One with Spielberg, Activision tie-up Reuters
    Microsoft unveils Xbox One with Spielberg, Activision tie-up

    By Bill Rigby and Malathi Nayak REDMOND, Washington (Reuters) - Microsoft Corp gave the world a first look at its new Xbox One on Tuesday, announcing that its first gaming console in eight years will come with exclusive video and software content, including a "Halo" series produced by Steven Spielberg. The Xbox One, which will be available later this year at a price to be announced, will also be the first platform to release the next installment in Activision Blizzard Inc's blockbuster shooter franchise, "Call of Duty". ...

  • U.S. Senate panel OKs changes sought by tech firms in immigration bill Reuters
    U.S. Senate panel OKs changes sought by tech firms in immigration bill

    WASHINGTON (Reuters) - A Senate panel voted on Tuesday to make it easier for U.S. companies to hire foreign workers as part of a broad immigration bill being debated in Congress. The Senate Judiciary Committee voted for the amendment, which would loosen requirements that employers recruit Americans ahead of foreigners for high-tech jobs. The compromise was brokered by Democratic Senator Charles Schumer to win over Senator Orrin Hatch, a Republican whose support is seen as important to bring other conservatives on board with broader immigration reform. ...

  • Citing fatigue, director Ang Lee leaves pilot of TV series 'Tyrant' Reuters
    Citing fatigue, director Ang Lee leaves pilot of TV series 'Tyrant'

    LOS ANGELES (Reuters) - Oscar winner Ang Lee canceled his plans to direct the pilot of new U.S. television series "Tyrant," saying on Tuesday that he needed to rest after spending four years working on 3D fantasy-adventure film "Life of Pi." Lee, 58, signed on to direct the pilot of the drama series for cable network FX in March, shortly after winning the Best Director Oscar for "Life of Pi." "It is one of the most brilliant ideas for a series that I've seen and one about which I was very excited," Lee said in a statement. ...

  • Apple CEO makes no apology for company's tax strategy Reuters
    Apple CEO makes no apology for company's tax strategy

    By Patrick Temple-West and Kevin Drawbaugh WASHINGTON (Reuters) - Apple Inc Chief Executive Tim Cook made no apology on Tuesday for the iPad maker saving billions of dollars in U.S. taxes through Irish subsidiaries and told lawmakers that his company backs corporate tax reform, even though it may end up paying more. The Senate Permanent Subcommittee on Investigations has found that Apple in 2012 alone avoided paying $9 billion in U.S. taxes, using a strategy involving three offshore units with no discernible tax home, or "residence. ...

  • With wary eye on the U.S., China courts India Reuters
    With wary eye on the U.S., China courts India

    By Frank Jack Daniel and Rajesh Kumar Singh NEW DELHI (Reuters) - Chinese Premier Li Keqiang, smiling and effusive, was out to smooth ruffled feathers in India this week, promising to ease tensions and increase trade between Asia's fastest growing economies in his first trip overseas since taking office. "China will make your dream come true," Li told a banquet hall filled with Chinese and Indian business executives in the financial capital of Mumbai as he wound up his visit on Tuesday. ...

  • Is Sony un-Japanese enough to entertain change? Reuters
    Is Sony un-Japanese enough to entertain change?

    By Tim Kelly TOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favours long-standing ties with banks, business partners and workers rather than shareholders seeking value. Struggling electronics giant Sony Corp , though, with more foreign and fewer bank shareholders, may prove something of an exception. That's the hope, at least, of Californian billionaire Daniel Loeb, whose Third Point hedge fund has built up a more than 6 percent stake in Sony, making it the group's biggest stockholder. ...

  • Disney-owned ESPN cutting hundreds of jobs: source Reuters

    By Liana B. Baker REUTERS - ESPN, the sports channel that is Walt Disney Co's most profitable unit, is cutting 300 to 400 jobs across the company and closing a small Denver office, a person with knowledge of the cuts said. The job cuts, comprising 4 to 6 percent of ESPN's staff of 7,000, include open positions that will not be filled, said the source, who asked not to be named because the information is not public. But ESPN will continue hiring for other open positions, the person said. The channel has recently won rights to exclusive coverage of the U.S. ...

  • Fed officials dampen talk of imminent bond buying cutback Reuters

    By Jonathan Spicer and Paul Carrel NEW YORK/FRANKFURT (Reuters) - Two senior Federal Reserve officials on Tuesday played down the chances that the U.S. central bank would signal a readiness to reduce its bond buying at its meeting next month, dampening speculation the Fed's ultra-easy monetary policy might end soon. New York Federal Reserve Bank President William Dudley and St. Louis Fed chief James Bullard, both of whom will vote at the June 18-19 meeting, made clear further economic progress was needed before they would support curtailing bond purchases. ...

  • Iran allows eight contenders for presidential election IANS

    Tehran, May 22 (IANS) Iranian legislative body has approved eligibility of eight presidential candidates for the June 14 poll in the country, Xinhua reported Tuesday.

  • Russia to scrap world's biggest n-subs IANS

    Moscow, May 22 (IANS/RIA Novosti) Russia will decommission and scrap two of the world's largest submarines by 2018, a defence industry source has said.

  • Chennai through to fourth consecutive IPL final IANS

    New Delhi, May 22 (IANS) Blistering unbeaten knocks by David Hussey and Suresh Raina took two-time champions Chennai Super Kings to their fifth Indian Premier League (IPL) final in six seasons with a comprehensive 48-run win over Mumbai Indians in the first qualifier at the Ferozeshah Kotla here Tuesday.

  • Miranda Kerr feels good in husband's clothes IANS

    Los Angeles, May 21 (IANS) Supermodel Miranda Kerr likes to wear her husband Orlando Bloom's clothes because it makes her feel closer to him.

  • Super Kings vs Mumbai Indians IANS

    New Delhi, May 21 (IANS) Scoreboard of qualifier 1 of the Indian Premier League (IPL) between Chennai Super Kings and Mumbai Indians at the Ferozeshah Kotla here Tuesday.

  • IPL: CSK beat Mumbai by 48 runs, reach finals IANS

    New Delhi, May 21 (IANS) Chennai Super Kings secured yet another final berth after a convincing 48-run win over Mumbai Indians in qualifier 1 of the Indian Premier League (IPL) at the Ferozeshah Kotla here Tuesday.

  • Oklahoma tornado toll lowered to 24 from 91 IANS

    Washington, May 21 (IANS) As rescuers searched for survivors of Monday's devastating tornado that pulverized a vast swath of the Oklahoma City suburbs, authorities revised the death toll down to 24 from 91. Nine of the fatalities are children.

  • Aam Aadmi Party criticises new CAG's appointment IANS

    New Delhi, May 21 (IANS) Aam Aadmi Party (AAP) Tuesday criticized the appointment of former defence secretary Shashi Kant Sharma as the new Comptroller and Auditor General, accusing the United Progressive Alliance government of accusing of weakening constitutional institutions.

  • UPA losing ground, PM's image taking beating, say opinion polls IANS

    New Delhi, May 21 (IANS) On the eve of the fourth anniversary of UPA-II, opinion polls have not brought any cheer to the government, predicting slide in the ruling alliance's tally amid rising dissatisfaction among large sections of urban voters over its performance.

  • Get Raj, Prithviraj back to make 'Awara' again: Ranbir Kapoor IANS

    Mumbai, May 21 (IANS) Actor Ranbir Kapoor Tuesday said he was not aware of any plans for his father Rishi Kapoor and him to reprise his great-grandfather Prithviraj Kapoor and grandfather Raj Kapoor's roles in "Awara", saying one will have to get them and Nargis back to this world to make the film again.

  • Jessica murder: Court decision on hostile witnesses Wednesday IANS

    New Delhi, May 21 (IANS) The Delhi High Court Wednesday is likely to pronounce its verdict whether to prosecute Bollywood actor Shyan Munshi and 18 others on charges of perjury for turning hostile during their deposition in model Jessica Lall's murder trial.

  • Delhi cop run over by truck IANS

    New Delhi, May 21 (IANS) A 40-year-old Delhi Traffic Police constable was killed by a speeding truck here Tuesday morning, police said. The errant truck driver was arrested.

  • Mamata plans to ban online lottery IANS

    Kolkata, May 21 (IANS) West Bengal Chief Minister Mamata Banerjee announced Tuesday that the government would ban online lottery "Online lotto".

  • Kashmir 'preacher' arrested for sexual exploiting four minors IANS

    Srinagar, May 21 (IANS) A self-styled "religious preacher" was arrested from Jammu and Kashmir's Badgam district for repeated sexual exploitation of four minor girls at an institute he ran, police said Tuesday.

  • UPA is losing ground, say opinion polls IANS

    New Delhi, May 21 (IANS) On the eve of the fourth anniversary of UPA-II, opinion polls have not brought any cheer to the government, predicting slide in the ruling alliance's tally amid dissatisfaction among large sections of urban voters over its performance.