Senate panel passes immigration bill
WASHINGTON - A Senate panel approved legislation to give millions of illegal immigrants a path to citizenship, setting up a spirited debate next month in the full Senate over the biggest changes in immigration policy in a generation. Full Article
BOJ holds steady despite bond turmoil, upgrades economic outlook
TOKYO - The Bank of Japan kept policy steady on Wednesday despite concerns over recent volatility in bond market, saying growth is starting to pick up even as risks loomed from an uncertain global outlook.
Twisters return, but Oklahoma short on shelters
The people of central Oklahoma know all too well the destructive power of a tornado, but residents had few basements and storm shelters to run to when the alarm sounded, officials said. Full Article
The Irish loophole behind Apple's low tax bill
LONDON - 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. Apple's arrangements dates back over 30 years. Full Article
Iran bars candidates for presidential election
DUBAI - Iranian authorities barred two potentially powerful and disruptive candidates from running in next month's presidential election, ensuring a contest largely among hardliners loyal to the clerical supreme leader. Full Article
One SAC investor unfazed by scandal
BOSTON/NEW YORK - As federal prosecutors circle Steven A. Cohen's $15 billion hedge fund in a long-running insider trading probe, one financial adviser in Texas is so devoted to the billionaire investor that he may give him more money. Full Article
Is Sony un-Japanese enough to change?
TOKYO - 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. Full Analysis
Students scream moments after tornado's devastation
May 21 - Elementary school students react with screams as adults run to comfort them in the moments after a tornado devastated their school. Rough Cut (no reporter narration).
Latest Headlines
How much does Jamie Dimon matter?
To his supporters, he’s the personification of everything that’s best about the financial system. But to detractors, he’s the personification of all that’s wrong with modern banking — the arrogance, the resistance to new regulation, the astronomical pay in the face of obvious mistakes. Commentary
What Hollande can learn from Queen of Hearts
So far there has been little to show for his economic policies. Some actions have backfired and others have not gone far enough. Commentary
U.S. power: Down but still unrivaled
Beijing does not threaten to counterbalance U.S. power as gravely as America’s economy threatens to become imbalanced on its own. Commentary
The European Union's unending quandary
As recession deepens in the euro zone, the political questions about what comes next are resurfacing. Commentary
Party opinion usurps public opinion
We are witnessing the slow death of public opinion in this country. It’s being displaced by party opinion. Elections today are less and less about persuasion and more and more about mobilization: You rally your supporters in order to beat back your opponents. Commentary
What was James Rosen thinking?
While I join the chorus of rage aimed at the excesses of a Department of Justice leak investigation that has criminalized the reporting of Fox News Channel’s James Rosen, I also wonder how much of Rosen’s trouble is of his own making. Commentary
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The Tumblr effect
Frothy tech valuations are not limited to U.S. High-stakes deals are growing in China too. Video
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