British shock: PM May's election gamble appears to backfire

British Prime Minister Theresa May's gamble in calling an early election appeared Friday to have backfired spectacularly, with a real possibility that her Conservative Party could lose its majority in Parliament.If confirmed, the result would lead to a period of political uncertainty and could throw Britain's negotiations to leave the European Union — due to start June 19 — into disarray. The pound lost more than 2 cents against the dollar within seconds of the announcement.With more