Hyundai Chairman Arrested Amid Scandal

"AP - Prosecutors on Friday arrested Hyundai Motor Co. Chairman Chung Mong-koo in an embezzlement and slush fund scandal engulfing South Korea's largest automaker, an official said."

Microsoft shares tumble on spending plans

"Reuters - Shares in Microsoft Corp. on Friday slid 11 percent, their biggest drop in more than five years, after the software giant said earnings will be hurt by increased investments aimed at competing with...

Chevron Latest Oil Co. With Colossal Earns

"AP - Chevron Corp.'s first-quarter profit soared 49 percent to $4 billion, joining the procession of U.S. oil companies to report colossal earnings as lawmakers consider ways to pacify motorists agitated about rising gas prices."

South Korea seeks to arrest Hyundai Motor head

"Reuters - South Korean prosecutors have requested a warrant to arrest the chairman of Hyundai Motor group, the world's seventh-biggest auto maker, on charges that Chung Mong-koo engaged in embezzlement and breach of trust."

British PM Blair shaken after "Black Wednesday"

"Reuters - British Prime Minister Tony Blair faced the challenge on Thursday of restoring his Labour Party's authority as a government after it was engulfed in scandal and crisis just a week ahead of crucial...

Gunmen kill sister of Iraqi vice president

"Reuters - Gunmen killed the sister of Iraqi Vice President Tareq al-Hashemi in Baghdad on Thursday, Interior Ministry sources and two officials in his party said."

Senate panel urges replacing FEMA

"Reuters - A Senate panel on Thursday recommended that the heavily criticized Federal Emergency Management Agency be replaced with a new agency that would be better able to respond to disasters like Hurricane Katrina."

Snoop Dogg Reportedly Arrested at Airport

"AP - Rapper Snoop Dogg and five associates were arrested after a fracas at Heathrow Airport that injured seven police officers, British media reported Thursday."

And the world's sexiest woman is...

"Reuters - British actress Keira Knightley was voted the world's sexiest woman in a magazine poll on Thursday, beating model Keeley Hazel and Hollywood star Scarlett Johansson into second and third place...

Iran Gets First North Korean-Made Missiles

"AP - Iran has received its first batch of North Korean-made surface-to-surface missiles that put European countries within firing range, Israel's military intelligence chief said in an interview published Thursday."

UN child study says first five years are key

"Reuters - Children's growth is influenced more by environmental factors than genetics up to the age of five, the World Health Organization said on Thursday."

Exxon Mobil profit rises but misses forecasts

"Reuters - Exxon Mobil Corp. , the world's largest publicly traded oil company, on Thursday reported quarterly profit rose 7 percent to $8.4 billion, pushed higher by the surge in crude oil prices."

Bush Eases Environmental Rules on Gasoline

"AP - Under election-year pressure to reduce surging gasoline prices, President Bush on Tuesday halted filling of the nation's emergency oil reserve, urged the waiver of clean air rules to ease local gas shortages and called for the repeal of $2 billion in tax breaks...

Ford to promote green investments to consumers

"Reuters - Ford Motor Co. said it will give consumers concerned about harmful greenhouse emissions an opportunity to invest in clean energy projects via a new Web Site that will calculate suggested investments...

London police give all clear over suspect packages

"Reuters - Police said a series of suspect packages found in west London on Wednesday were harmless after a major alert which saw officers seal off a busy area of the capital and call in bomb squad experts."

closeSign in to NowPublic

is reporting from