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PRESS DIGEST-Australian Business News - May 20
8 minutes ago by Thomson Reuters
Companies Mentioned: CVX

Compiled for Reuters by Media Monitors. Reuters has not verified these stories and does not vouch for their accuracy.

THE AUSTRALIAN FINANCIAL REVIEW (...

Yahoo's board approves $1.1 bln Tumblr acquisition -WSJ
10 minutes ago by Thomson Reuters
Companies Mentioned: GOOG, YHOO

SAN FRANCISCO, May 19 (Reuters) - Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.1 billion in cash, t...

Phi Beta Epsilon Fraternity at MIT Honors Officer Sean Collier, Supports IRDF
12 minutes ago by Business Wire

The Phi Beta Epsilon Corporation today announced that the fraternity will be allocating this year's annual grant to MIT's Sean Collier Memorial Fund and Independent Residence Development Fund. These actions were taken throu...

UPDATE 1-'Star Trek' sequel tops weekend box office in North America
16 minutes ago by Thomson Reuters
Companies Mentioned: LGF, NWSA, SNE, TWX, VIAB, CMCSA

By Lisa Richwine and Andrea Burzynski

May 19 (Reuters) - "Star Trek Into Darkness," the newest installment in the classic intergalactic franchise, blas...

Gorham Paper and Tissue Hires Mike Cummings as CEO
42 minutes ago by Business Wire

Gorham Paper and Tissue announces Michael Cummings as its new full-time Chief Executive Officer. Cummings brings more than 20 years of manufacturing leadership experience with various companies in the paper, packagin...

RPT-Hedge funds selling gold after propping market a month ago
42 minutes ago by Thomson Reuters

* Money managers pull $1.4bln from COMEX gold in May 14 week

* Traders see another $200 to $300 drop in gold price (Repeats May 17 story)

By Barani Kr...

CORRECTED-UPDATE 1-Canadian prime minister's top aide quits over expenses scandal
49 minutes ago by Thomson Reuters

(Corrects 20th para to show Novak is principal secretary not deputy chief of staff)

* Expenses crisis threatens to undermine government

* Conservatives ...

CORRECTED-The top films at the North American box office
52 minutes ago by Thomson Reuters
Companies Mentioned: LGF, NWSA, RGC, SNE, TWX, VIAB, CBS, CMCSA

(Corrects cumulative total for "The Big Wedding") May 19 - Following are the top 10 movies at North American box offices for the three-day weekend...

Obama tries to bounce back after tough week
1 hour ago by Thomson Reuters

* Says Washington beset by partisan politics

* Gets personal about race, imperfections

By Steve Holland

ATLANTA, May 19 (Reuters) - President Barack Obam...

GLOBAL ECONOMY WEEKAHEAD-Sluggish growth to extend into May
1 hour ago by Thomson Reuters

* Global PMIs set to add to signs of second quarter slowdown

* Divergences in global economy to widen

* Data to fuel debate over central bank policy

By R...