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Dollar firms as suspense builds, Asia shares dip
SINGAPORE (Reuters) - "Will he or won't he?" is the question investors want answered at Wednesday's Congressional testimony by Federal Reserve Chairman Ben Bernanke, as suspense builds on whether the Fed will soon start tapering its bond-buying stimulus scheme - as hinted at by a Fed regional president last week.

U.S. asks judge to deny S&P's motion to dismiss fraud lawsuit
(Reuters) - The Justice Department on Monday asked a federal judge to deny Standard & Poor's motion to dismiss a government lawsuit against the ratings agency, saying its statements on certain financial products were fraudulent and not mere "puffery".

Monster tornado kills at least 51 in Oklahoma town
MOORE, Oklahoma (Reuters) - A 2-mile-wide (3-km-wide) tornado tore through the Oklahoma City suburb of Moore on Monday, killing at least 51 people while destroying entire tracts of homes, piling cars atop one another, and trapping two dozen school children beneath rubble.

JPMorgan investors on edge over vote on Dimon; what if they win?
TAMPA, Florida (Reuters) - As final ballots come in on a proposal to strip JPMorgan Chase & Co Chairman and Chief Executive Jamie Dimon of his chairman title, some worry about what will happen if shareholders win what will likely be a close vote.

Amazon wins key cloud security clearance from government
SAN FRANCISCO (Reuters) - Amazon.com Inc has been given a security clearance by the U.S. government that will make it easier for federal agencies to use its cloud computing services.

Erupting Alaska volcano spews ash, disrupts air travel
ANCHORAGE, Alaska (Reuters) - One of Alaska's most active volcanoes, which has been belching ash and spewing lava since last week, has forced regional flight cancellations and dusted some nearby communities with ash, scientists and local officials said on Monday.

IT firm iGate sacks CEO after sexual harassment probe
MUMBAI (Reuters) - Outsourcing company iGate Corp said it had sacked its Chief Executive Phaneesh Murthy for not disclosing a relationship with a subordinate after investigating one of India's best-known IT executives for sexual harassment.

Guatemala's top court annuls Rios Montt genocide conviction
GUATEMALA CITY (Reuters) - Guatemala's highest court on Monday overturned a genocide conviction against former dictator Efrain Rios Montt and reset his trial back to when a dispute broke out a month ago over who should hear the case.

Red Wings down Blackhawks to take 2-1 series lead
(Reuters) - The Detroit Red Wings seized control of their Western Conference semi-final series with a 3-1 win over the Chicago Blackhawks in Game Three on Monday.

Sprint receives SoftBank waiver to consider Dish offer
TOKYO (Reuters) - Sprint Nextel Corp said its Japanese suitor SoftBank Corp granted it a waiver allowing it to consider a $25.5 billion rival bid by Dish Network Corp, as pressure mounts on SoftBank to sweeten its offer for the No. 3 U.S. wireless carrier.

Healthcare workers set to strike California public hospitals
SAN FRANCISCO (Reuters) - Nearly 13,000 healthcare employees at five University of California medical centers plan to strike on Tuesday in a move that threatens to back up emergency rooms and already has forced the postponement of elective surgeries.

Japan April exports seen up but trade deficit to persist
TOKYO (Reuters) - Japan's exports are expected to have risen in April from a year earlier for a second straight month led by U.S.-bound shipments of cars and Asian demand for electronics parts in a sign a weak yen and global recovery are helping the export-reliant economy.

Dish's Ergen eyes LightSquared spectrum
(Reuters) - Charlie Ergen, the chairman of U.S. satellite company Dish Network Corp , has offered to buy bankrupt broadband company LightSquared Inc's wireless airwaves, a source close to Ergen told Reuters.

iGate sacks chief executive Murthy after sexual harassment claim
(Reuters) - The board of iGate Corp, an information technology outsourcing services provider, has sacked Chief Executive Officer Phaneesh Murthy following an investigation into a claim of sexual harassment, the company said in a statement.

Kelly Rowland, Paulina Rubio join U.S. 'X Factor' judges panel
LOS ANGELES (Reuters) - Pop singer Kelly Rowland and Mexican singer-actress Paulina Rubio have signed onto "The X Factor" judging panel replacing Britney Spears and music mogul L.A. Reid, the Fox television talent competition produced by Simon Cowell said on Monday.

Guatemala court annuls Rios Montt genocide conviction
GUATEMALA CITY (Reuters) - Guatemala's constitutional court on Monday overturned a genocide conviction against former dictator Efrain Rios Montt, throwing out all proceedings in his case since a dispute broke out last month over who should hear it.

North Korea releases detained Chinese fishing boat, owner says
BEIJING (Reuters) - North Korea released a Chinese fishing boat on Tuesday after it was taken from waters between the two countries, the boat's owner said, in an incident that had proved a new irritant in ties between the often uneasy allies.

Tesla Motors may repay U.S. loan by Wednesday: CEO
(Reuters) - Tesla Motors Inc may repay its U.S. Department of Energy loan as early as Wednesday, Chief Executive Elon Musk said in a message on Twitter on Monday.

Pentagon to take over some CIA drone operations : sources
WASHINGTON (Reuters) - President Barack Obama's administration has decided to give the Pentagon control of some drone operations against terrorism suspects overseas that are currently run by the CIA, several U.S. government sources said on Monday.

Kelly Rowland, Paulina Rubio join 'X Factor' judges panel
LOS ANGELES (Reuters) - Pop singer Kelly Rowland and singer-actress Paulina Rubio have signed onto "The X Factor" judging panel, the Fox television talent competition produced by Simon Cowell said on Monday.