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Judge: No trial delay for ex-Penn State assistant coach
(Reuters) - A judge denied a motion on Monday to delay the start of the child sex-abuse trial of former Penn State University assistant football coach Jerry Sandusky, according to court papers.

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Facebook sinks as Nasdaq scrambles to square trades
(Reuters) - Facebook shares sank on Monday in the first day of trading without the full support of the company's underwriters, leaving some investors down 25 percent from where they were Friday afternoon.

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Yemen violence worsens as suicide bomber kills 90
SANAA (Reuters) - A suicide bomber with explosives strapped under his uniform killed more than 90 people at a military parade rehearsal in the Yemeni capital Sanaa on Monday, an attack which will alarm Washington as its involvement in the front-line state deepens.

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U.N. nuclear chief holds talks in Tehran, hopes for deal
VIENNA/DUBAI (Reuters) - The U.N. nuclear watchdog chief held rare talks in Tehran on Monday after voicing hope for a deal to investigate suspected atomic bomb research - a gesture Iran might make to try to get international sanctions relaxed and deflect threats of war.

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Nuclear regulatory chief Jaczko resigns
WASHINGTON (Reuters) - Gregory Jaczko, the chairman of the U.S. Nuclear Regulatory Commission, announced on Monday he would resign from the post after a year of intense criticism of his management tactics.

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Supreme Court to hear government eavesdropping appeal
WASHINGTON (Reuters) - The Supreme Court agreed on Monday to hear an Obama administration appeal arguing that attorneys, journalists and human rights groups have no right to sue over a law making it easier for U.S. intelligence agencies to eavesdrop on foreign communications.

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France presses for euro area bonds as crisis salve
BRUSSELS (Reuters) - France's Francois Hollande will push a proposal for mutualizing European debt at an informal summit of EU leaders in Brussels this week, increasing pressure on German Chancellor Angela Merkel to drop her opposition to the idea.

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Nasdaq alters IPO procedures after Facebook glitch
NEW YORK (Reuters) - Nasdaq OMX Group Inc said on Monday it is changing its initial public offering trading procedures following glitches in Facebook Inc's market debut at the end of last week that prevented some traders from knowing for hours whether their orders for shares had been completed.

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Facebook falls below $38 issue price in premarket
NEW YORK (Reuters) - Facebook Inc shares fell below their $38 issue price in premarket trading on Monday as support from underwriters of the initial public offering dissipated after its debut on Friday.

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Ex-Yahoo CEO Thompson resigns from Splunk board
(Reuters) - Data analytics software maker Splunk Inc said former Yahoo Inc CEO Scott Thompson has resigned from its board of directors, effective May 18.

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Strauss-Kahn investigators open group rape inquiry
LILLE, France (Reuters) - French prosecutors said on Monday they had opened an inquiry into allegations of group rape by Dominique Strauss-Kahn and three friends, as part of an investigation into his ties to a suspected prostitution ring in the northern city of Lille.

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Barclays to sell $6.1 billion BlackRock stake
LONDON (Reuters) - British bank Barclays said it is to sell its 19.6 percent holding in U.S. asset manager BlackRock, worth $6.1 billion and which it has held for almost three years.

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Spain to slump further but will hit deficit goal
MADRID (Reuters) - Spain said on Monday it would meet its deficit targets this year despite a new slippage in its regions' accounts and a further contraction of the economy in the second quarter.

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Insight: Greece party talks framed by unreality, punctuated by insults
Athens (Reuters) - "Gentlemen, we are finished," said the patrician President, calling an abrupt halt to two hours of baiting and cat-calling between furious Greek politicians. "I'm starting to get upset myself now. We are finished."

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Alibaba in talks to raise $2.3 billion equity for Yahoo deal: sources
SINGAPORE/HONG KONG (Reuters) - Chinese Internet firm Alibaba Group is in talks with existing shareholders, including Singapore state investor Temasek Holdings, to raise about $2.3 billion in equity to partly finance its deal with Yahoo Inc., two sources said.

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