UNITED STATES

Sony's next generation PlayStation 4 release rumors are spreading like wildfire even though the company hasn't stated any official word for the gaming console launch.

At a time when the US job numbers have started to improve, the looming cuts in defense budget can play spoilsport. The Pentagon said last week thousands of jobs can be lost across the defense industry if lawmakers do not act decisively to ensure that the possible $500-billion cuts are prevented.

In a sense, a controversial radio talk show host, and former Fox News commentator, had it right: The United States could be headed for a major period of social unrest -- or worse -- but not for the reasons he stated.

In a sense, the controversial radio talk-show host and former Fox News commentator Glenn Beck had it right: The United States could be headed for a major period of social unrest -- or worse -- but not for the reasons Beck stated.

A U.S. judge on Friday dismissed five out of nine claims against Bank of New York Mellon over its foreign exchange pricing practices, and shipped off four remaining claims to be tried in different state courts, according to a ruling.

Earlier this week, Asus announced on its Italian Facebook page that it will be bringing new feature to its Transformer Prime tablet and now the Taiwanese company is rolling out the 9.4.2.21 software update.

Following the whole Antennagate debacle, Apple iPhone 4 owners can now collect a cool $15 in cash settlement for their phone's antenna issues. A Web page with the inspired name of iPhone4settlement.com has popped up and gone live on Thursday, March 29, allowing iPhone 4 owners affected by the smartphone's antenna troubles to collect their cash settlement.

Alaska has reached a settlement with Exxon Mobil Corp and its partners to develop a huge, long-fallow oil and gas field, possibly paving the way for a $26 billion pipeline and an export plant for liquefied natural gas.

U.S. senators who voted this week to continue oil-and-gas company tax subsidies have received $1.48 million in campaign contributions from the O&G industry during the current two-year election cycle, while senators who voted to discontinue them have received only $400,075 in such donations.

The unions argued that the law violated the U.S. Constitution by taking away workers' rights to bargain and organize, and discriminated against certain public-sector employees while exempting others, such as firefighters and police officers.

Women infected with two separate human immunodeficiency virus strains have a stronger immune response than women infected with a single HIV strain, a finding that could assist in producing the elusive anti-HIV vaccine, according to a new study published in the journal PLoS Pathogens.

Plaintiffs challenging the constitutionality of the heavily disputed 2012 National Defense Authorization Act appeared to make some progress during a daylong hearing in a federal court in New York. Even the judge questioned the government's inability to define terms such as associated forces.

Ford Motor Co boosted Chief Executive Officer Alan Mulally's total compensation by 11 percent to nearly $30 million last year, despite the automaker falling short of its targets on market share, quality and costs.

The attorney representing Sgt. Robert Bales, the American soldier accused of killing 17 Afghan civilians, said that he believes the government is intentionally hiding evidence from the defense team. However, the prosecution is running into it's own roadblocks.

Gold prices will continue to rise steadily throughout the next 12 months, as long as the U.S. economy maintains its tepid recovery, according to a note recently released by Goldman Sachs Group Inc.

A Canadian court has granted Sino-Forest Corp protection from its creditors and has approved an agreement with some of its noteholders to start the process of selling the embattled Chinese forestry company.

Thanks to an unprecedented amount of excitement around Friday night's lottery, Mega Millions has jacked up the jackpot from $476 million to a whopping $640 million. Here are some lucky numbers guaranteed to bring good fortune in your hopes to become a multi-millionaire from Mega Millions.

Stocks and other risky assets rallied Friday, rounding out the quarter with even more price gains on a day that encapsulated the main developments of the year so far: encouraging news out of Europe, better-than-expected consumer sentiment in the United States, and the perceived and steady pull of inflation.

Sino-Forest Corp , a Toronto-listed Chinese forestry company accused of fraud, is seeking protection from its creditors and a court's approval of an agreement with some of noteholders to put its embattled business up for sale.

U.S. President Barack Obama is moving ahead with sanctions against Iran's oil industry, in the hope that increased economic pressure will push Tehran into abandoning its nascent nuclear program.

Online travel agency Expedia on Friday accused Google of breaching EU rules with a formal complaint to EU antitrust regulators as it joined a dozen other firms that have taken their case to the European Commission in the last two years.