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U.K. Manufacturing Nearly Flat As Exports To Eurozone Fall

The British manufacturing sector is approaching negative growth thanks largely to a decline in exports to the troubled eurozone, according to a monthly benchmark index that gauges industrial health released Tuesday.The Markit/CIPS Purchasing Managers' Index (PMI) for the manufacturing sector fell to 50.5 in April, down from 51.9 in March. The report also showed the sharpest decline in new export orders since March 2009.

Murdoch Unfit To Run Company: U.K. Lawmakers

Rupert Murdoch is unfit to run a major international company, British lawmakers said on Tuesday, finding him responsible for a culture of illegal phone hacking that has convulsed his News Corporation media empire.

US Homeownership Rate Drops To 15-Year Low

The share of privately-owned U.S. homes fell to a 15-year low in the first quarter as falling house prices and stringent lending conditions push younger Americans, in particular, into renting.

Saudis Recall Cairo Ambassador In Blow To Egypt Ties

Saudi Arabia said on Saturday it had recalled its ambassador in Cairo for security reasons after protests in Egypt against the kingdom's arrest of an Egyptian lawyer, marking a diplomatic rupture between the long-time allies.

Is One Direction Gay? New ?Gay Direction? Meme Takes Over Twitter [PICTURES]

One of the latest sensations to bring the classic boy-band trend back, One Direction, has taken the pop world by storm. The five-piece music group, a result of Simon Cowell?s creation, became the first British band to debut at No. 1 on the Billboard 200 Chart. Move over Justin Bieber, it looks like there?s some competition for pre-teen female affections.

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Egypt

Egypt Protesters Storm Cairo's Oct. 6 Bridge

On Thursday, protestors in Egypt took control of Cairo's Oct. 6 bridge, the cite where over a year ago anti-government demonstrators violently clashed with the forces of then-President Hosni Mubarak.
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