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Tornado kills dozens in Missouri

A massive tornado ripped its way across the southwest Missouri city of Joplin Sunday, killing at least 89 people, with authorities warning that the toll could rise as rescuers continue their search, according to reports.

Citi hires ex-CEO of PricewaterhouseCoopers

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Citigroup Inc has hired Samuel Di Piazza, Jr, the former chief executive of PricewaterhouseCoopers , to help its faltering investment bank rebuild after the financial crisis.
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EU Plans To Sock Assad With Sanctions

The European Union (EU) will implement sanctions on the president of Syria, Bashar al-Assad, in an effort to force the Damascus government to cease its violent campaign against anti-regime protesters, according to reports.
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Futures fall on euro-zone debt concerns

U.S. stock index futures fell on Monday on worries about the euro-zone debt crisis after Standard & Poor's cut Italy's rating outlook and Spain's ruling Socialists suffered a setback in elections.
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Debt woes hammer euro and world stocks

Debt worries hammered European markets on Monday, knocking both the euro and regional shares down 1 percent while also weighing heavily on world equities, sending emerging markets down nearly 2 percent.
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Debt worries hits euro and stocks; government debt, gold up

Renewed worries in the euro-zone over the weekend pulled the euro down to a record low against the Swiss franc, weakened risky assets such as Asian stocks and boosted safe haven investments like U.S. government debt and gold on Monday.

Tornado Wreaks Havoc in Joplin

A powerful tornado on Sunday tore through the southwestern Missouri town of Joplin, killing over 20 people and leaving several injured.

Doomsday Preacher's Family Radio Valued at $72m

While Harold Camping's doomsday prediction hasn't panned out, there is one associated with him that is. Camping is the President of California-based Family Radio, a religious broadcasting network that spans more than 150 outlets in the United States.

Tree of Life wins best at Cannes film festival

U.S. director Terrence Malick won the Palme d'Or for best picture at the Cannes film festival Sunday for The Tree of Life, a meditative, metaphysical epic starring Brad Pitt and Sean Penn.

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