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SAN FRANCISCO (Reuters) – Calpers, the biggest U.S. public pension fund, will review its assumed actuarial rate of return of 7.75 percent and will make a recommendation to its board whether to lower it in December, a spokesman said on Sunday.


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Calpers to review its rate-of-return assumption

The earthquake that struck before dawn yesterday has killed more than 700, severed Chile’s main highway, and damaged 1.5 million homes

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Chile Steps Up Survivor Search

Chile stepped up efforts to find survivors of an earthquake registering 8.8 magnitude that struck before dawn yesterday, killing more than 700 people, severing the country’s main highway and damaging 1.5 million homes.

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Chile Steps Up Survivor Search; Death Toll Tops 700 (Update1)

Ryan Kesler scored for the U.S. to narrow Canada’s lead to 2-1 in the gold medal hockey game at the Vancouver Winter Olympics. Corey Perry and Jonathan Toews have scored for Canada, which is seeking to set a record for the most gold medals at a Winter Olympics. The U.S. will set a record for most overall medals after a gold or silver in this game.

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Canada Leads U.S. 2-1 in Olympic Gold Medal Hockey Game

REYKJAVIK (Reuters) – Icelandic negotiators may return home on Monday from London if no new meetings are called with British officials over the Icesave debt crisis, Icelandic Radio quoted a finance ministry spokesman as saying.


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UK, Iceland in contact on Icesave, no new meetings

The EU’s financial affairs chief is traveling to Athens to hold discussions with Greek officials on their country’s debt crisis and efforts to enact painful austerity measures to curb public spending. EU Monetary Affairs Commissioner Olli Rehn will have talks…

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Deutsche BankJosef AckermannAngela MerkelList of Prime Ministers of GreeceChancellor of Germany

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EU finance chief heads to Athens Monday

If the U.S. men’s hockey team defeats hometown favorites Canada in the final event of the winter Olympic Games, Prime Minister Stephen Harper will suffer the added ignominy of having to buy U.S. beer for his counterpart to the south.

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Obama and Canada’s Harper Wager Beer on Hockey Game (Update1)

For most of the world’s automakers, the Geneva Auto Show will be back-to-business with new model rollouts to put the gotta-have-it gleam back in consumers’ eyes. For Toyota, that won’t be enough. “Toyota is still in the middle of its global recalls, and new…

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ToyotaGeneva Motor ShowAutomotive industryGeneva Auto ShowRecreation

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Geneva Auto Show: Industry faces tough road

When Pyeongchang announced its intent to bid for the Winter Games, South Korean Olympic Committee president Y.S. Park heard snickers. The Olympics? That’s what his friends in the International Olympic Committee asked. Surely South Korea meant the short track…

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South KoreaWinter Olympic GamessportPyeongchang CountyWinter Games

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Surprising success bodes well for South Korea

David Cameron, with polls showing a drop in support for his opposition Conservative Party, told supporters they face a “real fight” in this year’s U.K. general election.

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Cameron Warns of ‘Real Fight’ as Brown Narrows Gap in U.K. Poll

Toyota Motor Corp.’s recalls and snowstorms across the U.S. may have slowed the rebound in auto sales in February, keeping some shoppers out of showrooms and dashing the industry’s hopes for bigger gains.

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U.S. Auto-Sales Recovery May Hit ‘Speed Bump’ on Snow, Toyota

If the U.S. men’s hockey team defeats hometown favorites Canada in the final event of the winter Olympic Games, Prime Minister Stephen Harper can drown his sorrows with a free case of Molson Canadian lager, courtesy of President Barack Obama.

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Obama and Canada’s Harper Wager Beer on Olympic Hockey Game

Matt Cain has built a pretty good resume working in the shadow of two-time Cy Young winner Tim Lincecum. In 2009, a breakout season for Cain, he was 14-8 with a 2.89 ERA and eight complete games. It was his third straight season off logging at least 200…

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Tim LincecumMatt CainCy YoungComplete gameGames

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Cain emerges from Lincecum’s shadow

Copper may rise after a magnitude- 8.8 earthquake halted mines in Chile, cutting supplies from the world’s largest producer, analysts and traders said.

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Copper May Advance as Chile Earthquake Cuts Power, Halts Mines

Anthony Johnson had 24 points and a career-high 23 rebounds to lead Fairfield to an 80-74 victory over Niagara on Sunday. Sean Crawford added 25 points as the Stags (20-9, 13-5 Metro Atlantic Athletic Conference) outscored Niagara 15-9 in OT to secure their…

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Metro Atlantic Athletic ConferenceAnthony JohnsonFairfield StagsSportsCollege and University

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Fairfield knocks off Niagara 80-74 in OT