Two weeks notice: U.K. PM May out on June 7

LONDON -- Bowing to the inevitable, Theresa May announced Friday that she will step down as U.K. Conservative Party leader in two weeks, admitting defeat in her attempt to take Britain out of the European Union and sparking a contest to replace her as prime minister. May said she will quit as head of the governing party on June 7 but stay as caretaker prime minister until the new leader is chosen, a process the Conservatives aim to complete by late July. The new Conservative leader will become p