News Summary: Banker accused of China land fraud

For most of her 20-year marriage to Steve Jobs, Laurene Powell Jobs was content to be a behind-the-scenes philanthropist.

May 18 (Reuters) - Result and finishing order of the 2013 Preakness Stakes at Pimlico racecourse on Saturday. 1. Oxbow (Gary Stevens) 2. Itsmyluckyday (John Velazquez) 3. Mylute (Rosie Napravnik) 4. Orb (Joel Rosario) 5. Goldencents (Kevin Krigger) 6. Departing (Brian Hernandez) 7. Will Take Charge (Mike Smith) 8. Govenor Charlie (Martin Garcia) 9. Titletown Five (Julien Leparoux) Winner trained by: D. Wayne Lukas Winner paid $32.80 for a $2 win bet Winning margin: 1-3/4 lengths Time: one minute 57.54 seconds (Compiled by Steve Ginsburg; Editing by Greg Stutchbury)

“Can you imagine if things were reversed and somebody did that to the U.S.?"

Dear American Consumers: Please don t start eating healthfully. Sincerely, the Food Industry

SANTIAGO (Reuters) - A magnitude 6.8 earthquake struck off the coast of Chile on Monday, the U.S. Geological Survey said, but Chilean emergency authorities said they saw no prospect that the tremor would generate a tsunami. The quake struck 400 miles west of Puerto Aisen at a depth of 6.2 miles, the USGS said. It said the quake had occurred at 5:49 a.m. Chile time (0943 GMT) Chile's emergency office said on Twitter that the quake did not have the conditions necessary to generate a tsunami. It added the quake was not felt in the country. ...

The IRS' office of Exempt Organizations sounds like a terrible place to work. Piling on to the critical report from a Treasury Inspector General, at least four sweeping media assessments this weekend show a department that is overwhelmed, underfunded, and poorly managed.