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Latest news

How Pentagon budget cuts will reshape the Army

Published on 2012-01-27 22:01:06

The Christian Science Monitor - Military officials moved quickly Friday to counter the perception that the Army was the big loser in the new Pentagon budget unveiled Thursday.

Apple not turning "blind eye" to supply chain problems: CEO

Published on 2012-01-27 21:01:54

Reuters - Apple Inc has never turned "a blind eye" to the problems in its supply chain and any suggestion it does not care about the plight of workers is "patently false," Apple Chief Executive Tim Cook said in an email to employees.

In Facebook IPO, bankers seek prestige over fees

Published on 2012-01-27 23:01:31

Reuters - Facebook's initial public offering is likely to set a new standard for how low investment banks are willing to go on advisory fees to win big business.

Greece, creditors laboriously piece together debt deal

Published on 2012-01-28 00:01:55

Reuters - Greece and its private creditors head back to the negotiating table on Saturday to put together the final pieces of a long-awaited debt swap agreement needed to avert an unruly default.

Subpoenas issued to financial firms in expanded probe

Published on 2012-01-28 00:01:22

Reuters - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors, Attorney General Eric Holder said on Friday.

Syria violence kills over 40

Published on 2012-01-28 01:01:07

Reuters - Security forces killed over 40 people in Syria on Friday, activists and residents said, as people in Homs mourned 14 members of a family they said were slain by militiamen in one of the worst sectarian attacks in a 10-month revolt.

Growth quickens, but speed bumps ahead

Published on 2012-01-27 22:01:06

Reuters - The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.

Fitch cuts Italy, Spain, other euro zone ratings

Published on 2012-01-28 05:01:02

Reuters - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.

Fading Gingrich attacks Romney in ad

Published on 2012-01-28 02:01:42

Reuters - Newt Gingrich struggled to regain momentum in the Republican presidential race on Friday as two new polls showed him falling behind rival Mitt Romney, who was seen as the winner of the final debate before the Florida primary.

Azarenka routs Sharapova to win Australian title

Published on 2012-01-28 11:01:50

AP - Victoria Azarenka beat Maria Sharapova 6-3, 6-0 Saturday night to win the Australian Open and take over the women's No. 1 ranking.

Bradley Cooper, Zoe Saldana celebrate at Sundance

Published on 2012-01-28 09:01:33

AP - Bradley Cooper and Zoe Saldana are in Park City to promote their film, "The Words," which is closing the Sundance Film Festival.

911 call reveals frantic efforts to help Moore

Published on 2012-01-28 10:01:04

AP - A 911 recording revealed frantic efforts by friends of Demi Moore to get help for the actress who was convulsing as they gathered around her and tried to comfort her.

Need for courtroom artists fade as cameras move in

Published on 2012-01-28 09:01:47

AP - One marker in hand and one in his mouth, Lou Chukman glances up and down from a sketchpad to a reputed Chicago mobster across the courtroom — drawing feverishly to capture the drama of the judge's verdict before the moment passes.

Despair, crackdowns breed more violence in Tibet

Published on 2012-01-28 10:01:00

AP - A young man posts his photo with a leaflet demanding freedom for Tibet and telling Chinese police, come and get me. Protesters rise up to defend him, and demonstrations break out in two other Tibetan areas of western China to support the same cause.

Afghan lawmaker blasts early French withdrawal

Published on 2012-01-28 10:01:20

AP - An Afghan lawmaker has sharply criticized France's plans to hand over security in her troubled province to Afghan troops within a few months, saying that her country's forces are unprepared to handle the job and more violence would result.