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| Yahoo! News - Top Stories | | |  | Japan upgrades economic outlook as Abe's policies take hold | | By Tetsushi Kajimoto and Izumi Nakagawa TOKYO (Reuters) - The Japanese government upgraded its assessment of the economy on Monday, as emerging signs of an upturn in exports and factory output added to growing evidence that Prime Minister Shinzo Abe's aggressive polices are beginning to reignite growth. The world's third-biggest economy is gradually recovering, according to the government's monthly report released by the Cabinet Office. The upgrade was the first in two months, and an improvement from April when it said the economy was showing signs of recovery but still had some weak spots. ... |
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| World News Headlines - Yahoo! News | | |  | Imran Khan's party wins revote in Karachi, protests expected | | ISLAMABAD (Reuters) - Cricket hero Imran Khan's Pakistan Tehrik-i-Insaf party won a revote in an upmarket constituency of Karachi on Sunday, unofficial results showed, a day after gunmen killed a party leader, setting the stage for protests and counter-protests. Khan blamed the killing of Zara Shahid Hussain on the Muttahida Quami Movement (MQM) party, which has a stranglehold on the city. Furious MQM leaders denied responsibility, condemned the killing and demanded a retraction from Khan. ... |
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| Tech News Headlines - Yahoo! News | | |  | Yahoo's board approves $1.1 billion Tumblr acquisition: WSJ | | SAN FRANCISCO (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, the Wall Street Journal cited people familiar with the matter as saying on Sunday. Such an acquisition would be Marissa Mayer's largest deal since taking the helm of the once-iconic Internet company in July 2012. Yahoo is keen on fast-growing Tumblr because its younger user base would bolster the older website's "cool factor," the technology blog AllThingsD cited the sources as saying. ... |
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| Science News Headlines - Yahoo! News | | |  | National Weather Service gets big computing boost | | By Tom Brown MIAMI (Reuters) - The U.S. National Weather Service is getting a quantum jump in computing power that will significantly improve its forecasting and storm tracking abilities to better protect the country from severe weather. "This is a game changer," Louis Uccellini, who took over as director of the National Weather Service in February, told Reuters in an interview, calling it "the biggest increase in operational capacity that we've ever had. ... |
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