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Google completes Motorola deal, heralding new era Google has completed its $12.5 billion purchase of device maker Motorola Mobility in a deal that poses new challenges for the Internet's most powerful company as it tries to shape the future of mobile computing. Publ.Date : 2012-05-22T20:27:49Z Serial stabbings suspect guilty of murder in Mich. A man suspected of fatally stabbing five men and wounding nine others in and around a Michigan city two summers ago was convicted Tuesday of first-degree murder in the first case to go to trial. Publ.Date : 2012-05-22T20:32:22Z SEC head says Facebook IPO issues should be reviewed WASHINGTON (Reuters) - The top securities regulator said on Tuesday that the problems surrounding Facebook's initial public offering should be reviewed, but those issues should not shake investor confidence in the markets. "I think there is a lot of reason to have confidence in our markets and in the integrity of how they operate, but there are issues that we need to look at specifically with respect to Facebook," Securities and Exchange Commission Chairman Mary Schapiro told reporters as she exited a Senate Banking Committee hearing. ... Publ.Date : 2012-05-22T20:29:03Z SEC looking at JPMorgan's financial reporting WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission told lawmakers on Tuesday that her agency is probing JPMorgan Chase and Co's financial reporting and emphasized that big banks are required to publicly disclose changes to the models they use to measure risk. SEC Chairman Mary Schapiro assured the Senate Banking Committee that the SEC is investigating JPMorgan's revelation earlier this month that it suffered at least $2 billion in losses on complex trades that started as hedges but morphed into a risky bet. ... Publ.Date : 2012-05-22T20:38:46Z JPMorgan lobbied CFTC a day after losses revealed WASHINGTON (Reuters) - JPMorgan Chase & Co officials met with the U.S. futures regulator one day after revealing a $2 billion loss on trades booked in London, according to information from the Commodity Futures Trading Commission. The five JPMorgan officials visited the CFTC to discuss the overseas reach of U.S. swaps reforms, which the banking industry has argued will put U.S. banks at a disadvantage and increase the cost of hedging. ... Publ.Date : 2012-05-22T20:51:14Z Third of malaria drugs in SE Asia are fake More than a third of malaria drugs examined by scientists in Southeast Asia were fake, and a similar proportion analysed in Africa were below standard, doctors warned on Tuesday. Publ.Date : 2012-05-22T20:45:24Z APNewsBreak: NKorea upgrading rocket launch site Satellite imagery shows North Korea is upgrading its old launch site in the secretive country's northeast to handle larger rockets, like space launch vehicles and intercontinental missiles, a U.S. institute claimed Tuesday. Publ.Date : 2012-05-22T20:44:06Z Sheriff: Suspect linked by DNA to missing CA teen A man was in custody Tuesday on suspicion of murder and kidnapping after his DNA was found in the bag of a missing girl whose abduction was believed to be a random act of violence, authorities said. Publ.Date : 2012-05-22T20:34:24Z Doubts on Iran-IAEA 'deal' ahead of Baghdad talks A mooted deal between the IAEA and Iran got a cool reception Tuesday on the eve of talks with world powers aimed at defusing the dangerously escalating crisis over Tehran's nuclear programme. Publ.Date : 2012-05-22T20:40:25Z OECD warns eurozone crisis stunting global recovery Europe came under mounting pressure Tuesday to take action to boost growth as the OECD warned that the eurozone crisis has worsened and poses the greatest risk to a recovery for the global economy. Publ.Date : 2012-05-22T20:42:13Z