Yahoo News - Top Stories
Deutsche Bank cuts Postbank loose in new restructuring
Deutsche Bank, Germany's biggest lender, unveiled Monday details of a huge strategic shake-up in which it will rid itself of its Postbank unit and massively curb costs. Ending months of feverish speculation, Deutsche Bank finally lifted the veil on its blue-print for the future, bringing down annual costs by 3.5 billion euros ($3.8 billion) by 2020 and confronting the challenges of increased financial sector regulation and current low interest rates. The plans entailed the flotation of the bank's Postbank unit at the end of next year, the closure of up to 200 high-street branches by 2017 and a "re-focus" of its geographical footprint whereby it would exit or reduce its presence in some countries. "Our course for the next five years is simple: we are focusing to deliver value," said co-chief executives Anshu Jain and Juergen Fitschen.
Teen who fought cancer treatment heading home from hospital HARTFORD, Conn. (AP) — A 17-year-old Connecticut girl forced by the courts to undergo chemotherapy for her cancer has finished that treatment and is expected to be released from the hospital.
Poll: Most Greeks dissatisfied with government performance
ATHENS, Greece (AP) — An opinion poll shows a majority of Greeks are dissatisfied with the new government's performance, and half want it to compromise with its European creditors if current tortuous bailout negotiations reach an impasse.
Sports News Headlines - Yahoo! News
Mavericks down Rockets to stay alive in NBA playoffs
The Dallas Mavericks stayed alive in the NBA playoffs with a 121-109 victory over the Houston Rockets. Down 3-0 in their best-of-seven Western Conference first-round series, the Mavs on Sunday opted to give J.J. Barea and Al-Farouq Aminu their first starts of the post-season and both produced double-doubles. Barea scored 17 points and handed out 13 assists, enlivening a starting lineup that has been without injured Chandler Parsons and Rajon Rondo. Aminu added 16 points -- including five straight in the fourth quarter that helped thwart a Houston rally -- and pulled down 12 rebounds.
Mickelson withdraws from WGC Match Play
Phil Mickelson withdrew from the upcoming World Golf Championships Match Play Championship for personal reasons. The five-time major champion on Sunday said he was sorry to miss the elite event, which is moving this year to Harding Park in San Francisco. "TPC Harding Park is a terrific setting for match play, so it's unfortunate that I won't be able to play this year," he said. England's Luke Donald and South African Tim Clark are the other two.
Ko downs Pressel in playoff for LPGA Swinging Skirts crown
World number one Lydia Ko birdied the second playoff hole to beat Morgan Pressel and win a second straight Swinging Skirts LPGA Classic crown. Ko, the New Zealand sensation who turned 18 on Friday, earned her first victory as a professional at this event last year. "This week I hit the ball really well," Ko said. She fired a two-under par 70 in the final round to finish 72 holes tied with Pressel at eight-under par 280.
The Weather Channel: Your Local Weather Outlook--Port Jervis, NY (12771) Mon, 27 Apr 2015 06:25:00 EDT