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Fed could cut rates to combat joblessness: Kocherlakota

Fed could cut rates to combat joblessness: KocherlakotaBy Ann Saphir ROCHESTER, Minnesota (Reuters) - The Federal Reserve should do more to boost both inflation and jobs, a top Fed official said on Tuesday, including possibly pushing its main interest rate even lower or cutting the rate it pays banks on excess reserves kept at the U.S. central bank. "The key is for us to be able to demonstrate in

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Kazakhstan nervous of tougher Russia/Ukraine oil sanctions

By Raushan Nurshayeva and Alla Afanasyeva ASTANA/MOSCOW (Reuters) - Kazakhstan, which has backed close ally Russia's actions in Ukraine, is seeking alternative routes for its oil exports which may fall if the West decides to toughen sanctions against Russia, a major transit route of Kazakh crude to world markets. A vast steppe nation of 17... Read more...

California senator pleads not guilty to corruption

California senator pleads not guilty to corruptionSAN FRANCISCO (AP) — A suspended California state senator has pleaded not guilty to all charges for his alleged role in a San Francisco political corruption and organized crime case.

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NBC boss isn't worried about Letterman successor

NBC boss isn't worried about Letterman successorNEW YORK (AP) — With Jimmy Fallon doing so well as "Tonight" show host, NBC's boss expressed no fear Monday about who will replace David Letterman upon the late-night comic's planned retirement from CBS sometime next year.

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Insurer WellPoint raises 2014 earnings forecast

WellPoint has already raised a 2014 earnings forecast it laid out earlier this year, and the nation's second-largest health insurer expects the health care overhaul to help fuel its growth.... Read more...

Lawmaker Yee pleads not guilty to federal charges

Lawmaker Yee pleads not guilty to federal chargesSAN FRANCISCO (AP) — Suspended state Sen. Leland Yee pleaded not guilty on Tuesday to bribery and gun charges two weeks after he was arrested as part of an FBI sting targeting political corruption and an alleged organized crime syndicate based in San Francisco's Chinatown.

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