DBRS to rate all euro zone sovereigns by year-end. ECB official: New bank authority 'indispensable'. ECB seeks new tools while Fed toys with exit

Amanda Bynes Claims Sexual Harassment by Cops. Amanda Bynes returns to Twitter after arrest. Anna Kendrick's Crying Problem Trumped Twitter

This comes on the heels of Yahoo!'s acquisition of Tumblr.

Michael Cera on the Return of 'Arrested Development'. Jennifer Hudson Joins American Idol's Judges Table!. Brandi Glanville Says Coparenting Has Become 'Frustrating!'

The Memorial Day weekend kicks off the summer travel season, which is projected to see higher costs. Jeanne Yurman reports.

Summary of business headlines: Stocks are little changed heading into long holiday weekend; Yahoo puts in bid for Hulu -sources; Gold sees best week in a month, oil sees its worst; Durable orders rise; Retail shadow darkens. Conway G. Gittens reports.

Jennifer Hudson To Judge 'American Idol'?. Kim Kardashian Convinced Kanye West To Show Up At Her Filmed Baby Shower!!. Mariah Carey's GMA Appearance This Morning Was a #Beautiful Disaster

This twenty first trading week of 2013 comes to a close with stocks falling on concerns the Federal Reserve could reduce or end its bond-buying program. Hi.

Schumer urges look at security in Sprint deal. DBRS to rate all euro zone sovereigns by year-end. Yahoo Pleaces Bid On Hulu

Yahoo joins growing list of bidders for Hulu. Kid Rock, and other bands on scalping summer tours. Senator urges 'extreme caution' on Softbank-Sprint deal

DBRS to rate all euro zone sovereigns by year-end. Goldman unveils checks on conflicts in bid to fix image. Stock indexes flip between gains and losses

This morning, Credit Suisse increased its price target on shares of Pandora (P) as the company is converting more users into paying subscribers. In the report, Credit Suisse increased its EPS estimates as well, but maintained its neutral rating.

This morning, Wedbush Morgan downgraded shares of Salesforce. om (CRM) from outperform to neutral as lower sales commissions paid suggests less new sales are occuring.

This morning, Sterne Agee increased its EPS estimates on shares of the PulteGroup (PHM) through 2014 as the home builder is seeing better pricing power and increased demand for new homes. In the report, Steren Agee increased its price target to $32 and reiterated its buy rating.

Senator urges 'extreme caution' on Softbank-Sprint deal. Yahoo's at it again with gaming platform acquisition. Yahoo Acquires Gaming Platform Startup PlayerScale

Wall St. Slips on Fed Stimulus Uncertainty; P&G Jumps. Doomsday Investors Bet on Market Crash. Stock slump continues on Wall Street

Wall St. Slips on Fed Stimulus Uncertainty; P&G Jumps. Delta ups the ante in battle for NY travel market. NY attorney general says more evidence banks violated mortgage pact

Monte Paschi might not be an isolated bank case in Italy. Ackman Strikes Again: P&G's McDonald Out, Lafley In. Rosy China growth forecasts fade on further signs of slowdown

The tornadoes that hit the United States caused as much as $5 billion in insured losses, according to eary estimates from Eqecat. Conway G. Gittens reports.

This morning, Abercrobmie & Fitch (ANF) declared its quarterly dividend of 20 cents per share, maintaining the amount paid to shareholders last quarter. Based on the current stock price, investors can expect a yield of about 1.6% going forward.

German sportswear makers Adidas and Puma renew their rivalry when teams Bayern Munich and Borussia Dortmund go head to head in Europe's Champions League Final at Wembley. Ciara Sutton reports.

Swedish police are seeking reinforcements following a fifth night of damaging clashes in the capital, as questions are raised about the causes of the unrest. Kirsty Basset reports.

For film-makers, Cannes is all about winning the coveted Palme d'Or. But for corporations, the red carpet provides a glamorous backdrop for promoting luxury products. Hayley Platt reports.

Head of the IMF, Christine Lagarde, was questioned again by French prosecutors on Friday over her role in a 285 million euro payment made to a supporter of former president Nicolas Sarkozy, which dates back to 2007 when she was Sarkozy's finance minister. Lagarde risks being placed under formal in...

Banker turned baker Tom Molnar tells Reuters how his working life changed after leaving his financial job in London. Reuters' Angeline Ong takes a tour of his successful artisan bakery.