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URGENT: Video shows beheading of second American journalist

DUBAI (Reuters) - The Islamic State militant group released a video purporting to show the beheading of U.S. hostage Steven Sotloff, the SITE monitoring service reported on Tuesday. A masked figure in the video also issued a threat against a British hostage, a man the group named as David Haines, and warned governments to back off "this evil alliance of America against the Islamic State", the monitoring service said. (Reporting by William Maclean, Editing by Angus MacSwan)

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Yellen to deliver second day of testimony on February 13

U.S. Federal Reserve Vice Chair Janet Yellen testifies during a Senate Banking Committee confirmation hearing on her nomination to be the ne
U.S. Federal Reserve Vice Chair Janet Yellen testifies during a Senate Banking Committee confirmation hearing on her nomination to be the ne

WASHINGTON (Reuters) - Incoming Federal Reserve Chair Janet Yellen will testify on the economy before the U.S. Senate Banking Committee on February 13, an aide for the panel said on Friday.

The hearing will be held at 10:30 a.m., the aide said.

It will be Yellen's second day of testimony on the Fed's semiannual monetary policy report. She is scheduled to testify before a House panel on February 11.

(Reporting by Margaret Chadbourn; Editing by James Dalgleish)

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