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Goldman unveils checks on conflicts in bid to fix image

By Lauren Tara LaCapra SALT LAKE City (Reuters) - After dozens of meetings with executives and regulators, 100,000 hours of employee training and an immeasurable amount of public grief, Goldman Sachs Group Inc's <GS.N> Lloyd Blankfein claimed success in putting the bank and his legacy as CEO back on track.

One dead, 14 wounded in Niger uranium mine bombing

French nuclear group Areva said Thursday that one person was killed and 14 wounded in a car bomb attack at its uranium mine in northern Niger, without disclosing their nationalities. Areva said in a statement that the wounded were being treated at a local hospital following the attack, one of two car bombings in Niger Thursday claimed by an Islamist extremist group as revenge for the country's involvement in a French-led military offensive against Al-Qaeda-linked groups in neighbouring Mali.

Islamist bombers kill 19 in Niger attacks, seize hostages

Islamist militants staged brazen twin car bomb attacks on an army base and a French-run uranium mine in Niger on Thursday, killing at least 19 people and taking several trainee army officers hostage in the impoverished west African nation, the government said. The unprecedented attacks were claimed by an Islamist group as revenge for Niger's involvement in a French-led military offensive in neighbouring Mali and come just four months after Al-Qaeda linked militants seized a desert gas plant in neighbouring Algeria in a siege that left 38 hostages dead.

IRS official at center of scandal put on administrative leave

By Kim Dixon and Patrick Temple-West WASHINGTON (Reuters) - Lois Lerner, an Internal Revenue Service official at the center of the scandal over the agency's extra scrutiny of conservative groups, was put on administrative leave on Thursday after she refused to resign, a U.S. senator said. Republican Senator Charles Grassley of Iowa said new acting IRS Commissioner Daniel Werfel was the one who asked for Lerner's resignation.

US Senate approves first India-born senior judge

The Senate on Thursday unanimously approved Srikanth Srinivasan as the most senior US judge of South Asian descent, amid speculation that he may one day be tapped for the Supreme Court. Srinivasan, who was born in the northern Indian city of Chandigarh and raised in Kansas, will serve on the US Court of Appeals for the District of Columbia Circuit, considered a stepping stone for justices to the top court.

EU regulators seek tax transparency from companies

Brussels, May 23 (EFE). The European Commission said Thursday that it is working on a proposal to require corporate giants with operations in the European Union to publicly report profits, taxes paid and subsidies received on a country-by-country basis. Representatives of the 27 member-states agreed to seek ways to prevent multinationals from avoiding their obligations by channeling profits through subsidiaries in low-tax jurisdictions such as Ireland and Luxembourg.

Togo protesters dispersed with teargas in Lome

Security agents in Togo on Thursday used teargas to disperse opposition members who had gathered for a demonstration in the capital despite a ban on protests, an AFP reporter saw. The demonstrations had been called by "Let's Save Togo", a coalition of opposition and civil society groups, to protest against the death in detention of an opposition member and to demand the release of others held in connection with fires at two markets in January. The market blazes caused millions of dollars in damage and led to the arrest of several opponents of President Faure Gnassingbe.

Business Highlights

___ Why worry? Less aid by Fed would point to recovery WASHINGTON (AP) — Investors have grown nervous that the Federal Reserve will scale back its efforts to boost the U.S. economy sooner than many expected. Yet almost lost in the anxiety that gripped the stock market this week is that whenever the Fed slows its drive to keep interest rates low, it will be cause for celebration: It would mean policymakers think the economy is strong enough to accelerate with less help from the Fed.

Obama sets out to limit controversial use of drones

President Barack Obama set out Thursday to limit the controversial use of drones for the crackdown on terrorism and also renewed his call on Congress to cooperate to close a detention facility for terrorism suspects in Guantanamo. "Our nation is still threatened by terrorists," Obama said in a speech on counterterrorism measures he delivered at the National Defense University.

Proxy advisory firm settles SEC charges over data breach

By Sarah N. Lynch WASHINGTON (Reuters) - Institutional Shareholder Services has settled civil charges by U.S. regulators that an employee of the prominent proxy advisory firm shared nonpublic voting data in exchange for meals and concert tickets. The Securities and Exchange Commission said on Thursday that ISS, a unit of MSCI Inc, will pay a $300,000 penalty and hire an independent compliance consultant.
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