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Medical emergency eyed in Va. parade crash

Emergency personnel respond to one of the people hit by a car, at right, during the beginning of the Hikers Parade at the Trail Days festival in Damascus, Va., Saturday, May 18, 2013. Witnesses said the car drove into a crowd at the parade and hurt several people, but the nature of their injuries wasn't immediately known. (AP Photo/Bristol Herald Courier, Earl Neikirk)DAMASCUS, Va. (AP) ? Witnesses described a frantic scene and close calls after an elderly driver plowed into dozens of hikers marching in a small Virginia mountain town's parade. Investigators were looking into whether the motorist had suffered a medical emergency before the accident.

Nigeria says 10 rebels killed in northeast, 65 arrested

(Blank Headline Received)By Tim Cocks LAGOS (Reuters) - Nigeria's military said on Saturday it had killed 10 insurgents and arrested 65 more as part of an offensive meant to wrest back control of parts of its remote northeast from an Islamist group seen as the main security threat to Africa's top oil producer. President Goodluck Jonathan, a Christian southerner, had been accused of not taking seriously enough the violence in the largely Muslim north where some fear Islamist insurgents allied to al Qaeda could take over large swathes of territory as they did in Mali before French-led troops ejected them this year. ...


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Wall Street Week Ahead: Correction talk gets old as rally sails along

Traders wait for Tableau Software Inc. to begin trading on the floor of the New York Stock ExchangeBy Angela Moon NEW YORK (Reuters) - With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get old. Concerns about a technical correction have been a hot topic for weeks, especially as the rally accelerated in May - the S&P 500 is up 4.4 percent so far this month and up nearly 17 percent for the year. But as the three major U.S. stock indexes inch higher and higher to set record after record, many analysts are shrugging off the pullback worries. ...

Bernanke upbeat on innovation outlook in commencement address

U.S. Federal Reserve Chairman Bernanke attends the G20 finance ministers meeting during the Spring Meeting of the IMF and World Bank in WashingtonWASHINGTON (Reuters) - Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included memories of his 1963 South Carolina home. Bernanke made no reference to monetary policy or the immediate outlook for the U.S. economy in prepared remarks to graduates of Bard College at Simon's Rock, Massachusetts. But the die-hard baseball fan did manage to work in a reference to one of the sport's greats. ...

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