The search for him, once hopeful, was turning desperate. Weather stoked the fear. The missing man was wearing only shorts, a T-shirt and running shoes. It was late March. Daytimes were warm, but the cold scythed through the spruce forest in the depth of night, the temperatures cutting into the 20s. For three days, rescue teams had fanned out for 50 yards on each side of the marked trails. Riders on horseback ventured through the gnarly brush, pushing past the felled branches of pinyon-juniper and ponderosa pine. An airplane and a helicopter circled in the sky, their pilots squinting above the ridges, woodlands, river canyons and meadows. “We’re in the middle of nowhere, and this guy could be anywhere,” Tom Bemis, the rescue coordinator appointed ... Continue reading →

By Alistair Barr Tue May 22, 2012 1:19am EDT (Reuters) - In the run-up to Facebook's $16 billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank's consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to the huge initial public offering, and while an investor roadshow was underway, was a big shock to some, said two investors who were advised of the revised forecast.They say it may have contributed to the weak performance of Facebook shares, which sank on Monday - their second day of trading - to end 10 percent below the IPO price. The $38 per share IPO price valued Facebook at $104 ... Continue reading →

By Reiji Murai TOKYO | Wed May 16, 2012 9:01am EDT TOKYO (Reuters) - Apple Inc plans to use a larger screen on the next-generation iPhone and has begun to place orders for the new displays from suppliers in South Korea and Japan, people familiar with the situation said on Wednesday. Early production of the new screens has begun at three suppliers: Korea's LG Display, Sharp Corp and Japan Display Inc, a Japanese government-brokered merger combining the screen production of three companies.The new iPhone screens will measure 4 inches from corner to corner, one of the sources said.It is likely all three of the screen suppliers will get production orders from Apple, which could begin as soon as June. That would allow the new iPhone ... Continue reading →

By Paul Taylor PARIS | Mon May 14, 2012 2:03am EDT PARIS (Reuters) - Americans call it a Rube Goldberg machine, Britons a Heath Robinson contraption and the Danes a Storm P machine. The European Union's policy-making system often resembles one of those cartoon designs of an implausibly convoluted system for achieving a simple task - held together by sticking plaster, string, frequent tinkering and plenty of wishful thinking.What is striking when you compare Europe's policies on agriculture, monetary union and climate change is the similarity of the way the EU keeps bolting on patches and extra wiring to try to fix problems created by its own solutions.Over the last five decades, the EU has set out to achieve a set of worthy goals by ... Continue reading →

So awesome @jimpoco! CC @cafreeland @mccarthyryanj @ledbetreuters @brian_tracey http://t.co/ZpUAkXJD Continue reading →

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