PALO ALTO, California (Reuters) - The United States should rethink domestic and global financial regulation, Lawrence Summers, director of the White House's National Economic Council, said on Friday. "There is every reason to believe that pure market solutions are not viable," Summers told a Stanford Institute for Economic Policy Research conference in a speech calling for tighter regulation of big ...

INDIAN WELLS, California (Reuters) - British qualifier Elena Baltacha "fought her heart out" to record the biggest win of her career when she upset seventh seed Li Na of China at the Indian Wells WTA tournament Friday. Former world number one Justine Henin was also a shock loser, beaten 6-2 1-6 6-4 by Argentina's Gisela Dulko. The 26-year-old Baltacha came ...

BOSTON (Reuters) - The Boston Celtics were able to rest Paul Pierce, Kevin Garnett and Ray Allen for the final quarter as they cruised to a convincing 122-103 win over the Indiana Pacers. Pierce led the Celtics with 20 points and Rajon Rondo had a double-double, scoring 16 points and 11 assists. Replacements Glen Davis and Nate Robinson came off the ...

CAIRO (Reuters) - At least 24 people were injured in northern Egypt when fires were started and fighting broke out between Christians and Muslims Friday, an official said on Saturday. "Security was able to control fires that erupted in three homes and two cars," Ahmed Hussein, governor of the northern governorate of Marsa Matrouh, told state television. Relations between Egypt's ...