Wednesday, May 22, 2013
 
 

By Tim Kelly

TOKYO (Reuters) - Few foreign activist investors have made much headway in forcing change in Japan, where a conservative corporate culture favors 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 pe   [READ MORE]
 
 
 
By Ben Berkowitz and Julie Steenhuysen

(Reuters) - Moore, Oklahoma, has had the bad luck of being hit by two highly destructive tornadoes, both in the month of May, 14 years apart.

But the Moore that got struck on Monday is not the same as in 1999. Like a lot of towns...   [READ MORE]
MOORE, Oklahoma (Reuters) - About 237 people were injured by the massive tornado that pounded Oklahoma and the number of dead may rise beyond the current official count of 24, Oklahoma Governor Mary Fallin said on Tuesday.

We don't have any firm numbers on the numbers of deaths that h...   [READ MORE]
 
By Tetsushi Kajimoto

TOKYO (Reuters) - Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound shipments of cars and Asian demand for electronics parts in a sign a weak yen and global recovery are helping the export-reliant ...   [READ MORE]
HOUSTON (Reuters) - Oklahoma Gas & Electric Co, a unit of OGE Corp, has begun to assess damage to its electric grid following Monday's tornado which left a path of destruction near Oklahoma City, a spokesman said Monday evening.

The utility has also called on outside utilities to help ...   [READ MORE]
By Lawrence Hurley

WASHINGTON (Reuters) - The Supreme Court on Monday declined to hear an Alaskan village's claim that it should be able to sue oil companies and utilities for damages attributed to climate change.

Lawyers for the village of Kivalina wanted various...   [READ MORE]
SANTIAGO (Reuters) - A magnitude 6.8 earthquake struck off the coast of Chile on Monday, the U.S. Geological Survey said, but Chilean emergency authorities said they saw no prospect that the tremor would generate a tsunami.

The quake struck 400 miles west of Puerto Aisen at a depth of 6.2 ...   [READ MORE]
 
 
 
 
 
 
 
 
 
 
 
 
 

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