UNITED STATES

The United States is looking into allegations that the electronic book industry has violated antitrust law, a top Justice Department official said on Wednesday.

Lockheed Martin Corp, the Pentagon's biggest supplier, on Wednesday said it had detected a previously unknown vulnerability in the Adobe Reader software, but its information systems were never breached.

BP was hit with five more safety citations from the U.S. government on Wednesday, while it also received the latest legal salvo from a major contractor, as it continues to deal with fallout from last year's massive oil blowout in the Gulf of Mexico.

The United States is looking into allegations that the electronic book industry has violated antitrust law, a top Justice Department official said on Wednesday.

The Obama administration said on Wednesday it will keep the pressure on two big U.S. banks to help more troubled borrowers from losing their homes by withholding payments to the banks under a foreclosure-prevention program for the third straight quarter.

J.C. Penney Co. is buying a 16.6 percent stake in Martha Stewart Living Omnimedia Inc., a move by chief executive officer Ron Johnson that he hopes will build up the company's line of brands while also bringing up sluggish sales.

Verizon might delay the launch date of Samsung Galaxy Nexus, one of the most anticipated Android smartphones this year, beyond Dec. 9, a move that could leave Android fans who are looking forward to using Ice Cream Sandwich (Android 4.0 OS) speechless.

As his peers in larger financial institutions are dealing with collapsing stock prices and laying off tens of thousands, the chief executive at boutique investment firm Lazard Ltd (NYSE:LAZ) said he believes smaller, more nimble investment banks like his are likely to benefit from trends developing on Wall Street.

The United States and Canada have agreed to speed up food and other cargo shipments across their border and to sync some regulations related to drugs and cars, U.S. and Canadian officials said on Wednesday.

There's a surprising new trend in the underground wine world: Orange wine!

Reality TV makes some girls think that catfights and gossip are a normal part of life. (They're not?)

Yet the New York Police Department has warned all banks in the city to beef up mailroom security in light of the episode. The package in Germany was made of explosives and shrapnel, and it was discovered in the mailroom at Deutsche Bank's headquarters. The package was detected by X-ray technology, police said. It did not detonate.

Just as all rumors and signals were pointing to a Dec.9 launch for the Verizon Galaxy Nexus, CNET.com has released a new report suggesting that the delay will continue.

U.S. mortgage loan delinquencies are projected to decline to five percent by the end of 2012 from around six percent at the end of 2011, according to TransUnion.

The U.S food and drug administration (FDA) has made a call for adding information about the potential risks of blood clots to birth control labels, after research found newer contraception pills like Yaz, could pose higher risks.

U.S. equities rallied in the last hour of trading Wednesday, before retreating in the last few minutes, as rumors that a $600 billion International Monetary Fund Bailout of the European sovereigns was about to be announced swirled the market, only to be dispelled just before trading closed for the day.

In the past few months, but particularly in the last few days, the British Chancellor of the Exchequer and the Governor of the Bank of England, roughly British equivalents to the American Treasury Secretary and Fed Chairman, have become the bane of the English banking system's existence. Other British government officials have also joined the fray.

Novo7, a 7-inch Ice Cream Sandwich equipped tablet available only in China, is reportedly set for release in the U.S. in the upcoming months. The Ice Cream Sandwich equipped tablet could be a major game-changer with an expected listing price of only $99.

There will be no Google Wallet on Verizon’s upcoming smartphone Galaxy Nexus as the largest U.S. wireless service provider has blocked the mobile-payment application because of the security concerns.

U.S. consumer credit holdings grew by $7.65 billion in October, the U.S. Federal Reserve said in its monthly report on consumer credit today. That growth, which represents an annualized rate of 3.7 percent, was more than had been expected by economists, who forecast growth close to $7 billion. The credit growth figure for September, which had been previously reported as $7.39 billion, was revised to a less-impressive $6.88 billion.

Three women kicked off of an AirTran flight say a bully flight attendant is to be blamed, slamming the airline for hiring the unbalanced man in the first place. The women were ignored, bullied and eventually booted off the plane for asking the attendant not to manhandle their bags and to help one fix a broken seat.