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WORLD

Gambling on Prora: Luxury Apartments Planned for Derelict Nazi Resort

The former Nazi vacation complex on the Baltic Sea island of Rügen has been largely derelict for years. But a Berlin investor wants to change that. His dream? Luxury apartments where Hitler’s followers once frolicked.

Full story here: Der Spiegel, Germany

BUSINESS

German business confidence rises in May: reports

LONDON (MarketWatch) — Business confidence in Germany rose more than expected in May, with the Ifo business-climate index climbing to 105.7 points from 104.4 in April, data showed Friday morning according to media reports. Expectations were for a 104.5 reading. German stocks inched higher after the data, with the DAX 30 index up 0.2% to 8,365.72. The Stoxx Europe 600 index climbed 0.1% to 304.36.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

Full story here: MarketWatch Business

BUSINESS

What Central Banks Can Learn From Volatility

If there's one thing the world's central bankers can take away from this week's market volatility, it is that they need to do a better job of communicating, say market watchers.

Full story here: CNBC Business News

POLITICS

IRS official on leave refused to resign, says GOP senator

The IRS official who oversaw the unit responsible for the targeting of conservative groups has been placed on administrative leave, Fox News confirms, a day after she refused to testify at a congressional hearing.

Full story here: Fox News

NATION

Cars, drivers plunge into river after Wash. I-5 bridge collapse

Three people were rescued from a river after a bridge along Interstate-5 in Washington State collapsed on Thursday evening, plunging cars into Skagit River below, according to Washington State Patrol.The extent of the injuries for the three is unclear, but all were evaluated on scene and were transported to area hospitals, according to Marcus Deyerin of the Washington Incident Management Team. Aut…

Full story here: MSNBC

ENTERTAINMENT

Jose Canseco — Flirty Picture w/ Rape Accuser … Hours Before Alleged Incident

Just hours before Jose Canseco allegedly committed rape … the alleged victim posed for a very flirty pic with J.C. in a Vegas casino and joked that they had just gotten married, TMZ has learned. The pic was taken on the floor of the MGM Casino at…

Full story here: TMZ.com

WORLD SPORTS

Giro d'Italia stage 19 cancelled

Stage 19 of the Giro d’Italia, to be held on Friday, is cancelled because of heavy snow.

Full story here: BBC World Sports

NORTHEAST

Corbett to write column for Philly.com

The New Voices of Philly.com include a gay leader, a stoner, a sexologist, a libertarian-leaning Realtor – even the legendary Flyers goalie Bernie Parent, dispensing advice on relationships.

Full story here: Philadelphia Inquirer Regional

WORLD SPORTS

Tan linked with Cardiff share offer

Chairman Vincent Tan is exploring the option of selling Cardiff City shares on the Kuala Lumpur Stock Exchange, according to reports.

Full story here: BBC World Sports

ENTERTAINMENT

Steve Nash's Ex-Wife — He's Banning Me From L.A. to Avoid Child Support

Steve Nash is making a full-court press to block his ex-wife from moving from Phoenix to L.A. with their 3 kids so he can avoid paying child support … this according to court docs filed by his ex.Nash and his ex Alejandra are locked in a legal…

Full story here: TMZ.com

ENTERTAINMENT

Unknown film set to win at Cannes for intense tale of lesbian love

The British stars Tilda Swinton, Kristin Scott Thomas and Carey Mulligan look
set to miss out on the Best Actress…

Full story here: Times of London Film

BUSINESS

Dealers Hope Memorial Day Sparks Car Sales

Whether or not the industry ends May on top depends largely on whether or not dealers enjoy strong business Memorial

Full story here: CNBC Business News