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Tuesday, April 30, 2013

Morning Digest: Japan household spending surges as "Abenomics" gains momentum

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04/30/2013
Reuters   Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the   politics in between
Japan household spending surges as "Abenomics" gains momentum
TOKYO (Reuters) - Japan's household spending surged in March at the fastest pace in nine years in a sign that Prime Minister Shinzo Abe's bold efforts to end two decades of stagnation are lifting consumer confidence and setting the stage for an economic revival..
Anger builds as Bangladesh gives up hope of more survivors
DHAKA (Reuters) - Rescue officials in Bangladesh said on Tuesday they had given up hope of finding more survivors from a garment factory complex that collapsed killing hundreds, as the government came under pressure to do more to enforce building safety standards..
S&P 500 closes at record, led by energy, tech shares
NEW YORK (Reuters) - The S&P 500 index ended at an all-time high on Monday as growth-oriented stocks, including energy and technology, lead the way to the index's sixth rise in the past seven sessions..
AEG warns of "ugly stuff" in Michael Jackson wrongful death trial
LOS ANGELES (Reuters) - An attorney for the concert promotion company AEG Live warned jurors they would see a very different view of the charismatic Michael Jackson as the company seeks to prove it was not liable for the pop star's death..
Breaking a sports barrier, NBA's Jason Collins comes out as gay
NEW YORK (Reuters) - Veteran basketball player Jason Collins announced on Monday that he was gay, smashing through one of the final frontiers in U.S. sports with a frank personal statement and winning warm praise as a groundbreaker..
CBC's English-language chief leaving for Twitter job
TORONTO (Reuters) - The head of the Canadian Broadcasting Corp's English-language service is leaving the public broadcaster to join micro-blogging company Twitter, the CBC said on Monday..
Virgin's passenger spaceship completes first rocket test flight
(Reuters) - A six-passenger spaceship owned by an offshoot of Virgin Group fired its rocket engine in flight for the first time on Monday, a key step toward the start of commercial service in about a year, Virgin owner Richard Branson said..
Raging official assaults player in Russian reserve soccer match
MOSCOW (Reuters) - Match officials often face a torrent of abuse from angry players and on some occasions the attacks can turn violent..
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